FTSE 100 Forecast: Have Recent Losses Upended the Bullish Outlook?
The FTSE 100 suffered losses over the last few weeks, sending the index beneath key support and erasing weeks of hard-fought gains. Can the index recover and continue higher?
Oil Price Outlook: Crude Breakout Accelerates- Resistance Lies Ahead
Oil prices soared more than 66% off the November lows with the breakout now eyeing multi-year resistance. Here are the levels that matter on the WTI technical chart.
AUD/USD Technical Outlook Hinges on Trend-line, Price Pattern
AUD/USD is sitting on an important trend-line working on a bullish technical pattern.
January ISM Services PMI Rises to Pandemic High, USD Strength Continues
The ISM Services PMI for January hit a new high amidst the pandemic at 58.7 versus a forecast of 56.8, marking a solid month for the service sector despite the…
USD/CAD Rate Tracks Weekly Range Ahead of Canada Employment Report
USD/CAD may trade in a defined range ahead of the update to Canada’s Employment report as it reverses ahead of the weekly low (1.2761).
GBP Volatility Rises Ahead of BoE, Crude Oil Soaring, NZD Outperforms – US Market Open
NZD outperforming, crude oil prices at fresh multi-month highs. BoE risk for GBP seen in options market..
Silver Technical Analysis – Techs to Watch After Short Squeeze Fizzles
Silver got hit hard after getting squeezed higher; support and resistance levels to watch.
DAX 30 Technical Outlook – Powers Off Support, Looking for New Highs
The German benchmark is continuing its turn off support; can it keep it going to new record highs is the question in the short-term.
EUR/USD Remains Weak as US Data, Non-Farm Payrolls Loom Large
Heavyweight US data and the latest US Labor report will guide EUR/USD in the short-term with the pair currently struggling to keep above 1.2000.
Australian Dollar Outlook Remains Weak vs New Zealand Dollar: RBNZ to Mull QE Taper?
A firm recovery in the NZ economy may prompt the RBNZ to mull QE tapering.