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Gold Price Forecast: XAU Eyes FOMC as Falling Breakeven Rates Drag Gold

Posted by By 12/12/2021Posted inForex
Gold prices trimmed losses into the weekend after the highest US CPI print since 1982. US breakeven rates have faded despite hot inflation numbers. The FOMC meeting will likely provide…
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Brent Crude Oil Price Forecast: Signs of a Major Reversal Appearing

Posted by By 11/12/2021Posted inForex
While the longer-term bullish trend remains intact, the potential for a major reversal has reared its head this week.
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Stock Market Forecast for Next Week: Santa Coming to Town?

Posted by By 11/12/2021Posted inForex
Stocks continue to look bullish even if there is minor near-term weakness; levels, lines, and scenarios to watch in the days ahead.
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Bitcoin (BTC), Ethereum (ETH) – Down But Not Yet Out

Posted by By 11/12/2021Posted inForex
After last weekend’s brutal sell-off, the cryptocurrency market has regained some composure and looks set for a period of consolidation around its current levels if support levels hold.
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Canadian Dollar Technical Forecast: USD/CAD Retains a Bullish Profile Ahead of FOMC

Posted by By 11/12/2021Posted inForex
The Fed could bolster the USD/CAD bullish outlook next week if it decides to reduce asset purchases more quickly than its current pace and signals that it will raise rates…
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Australian Dollar Outlook: US Dollar, RBA, Fed. Is AUD/USD Sidelined?

Posted by By 11/12/2021Posted inForex
The Australian Dollar found support as shorts were squeezed, but will it be enough for AUD/USD gains in the face of a dovish RBA against a hawkish Fed?
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Gold Outlook: XAU/USD Finds Support at Key Technical Level

Posted by By 10/12/2021Posted inForex
Rising inflation has supported Gold and Silver prices but price action struggles below critical resistance.
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GBP Forecast: GBP/USD in the Eye of the FOMC/BOE Volatility Storm

Posted by By 10/12/2021Posted inForex
Risks remain lower for GBP, however, markets are nearing peak bearishness.
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U.S. Consumer Sentiment Sees Small Gains Through Holiday Season

Posted by By 10/12/2021Posted inForex
U.S. Consumer Sentiment saw a jump from November’s 67.4 to 70.4, above the forecasted level of 67.1.
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Crude Oil Technical Outlook: More Upside Could be In Store

Posted by By 10/12/2021Posted inForex
Oil has had a nice rally off the low and is now consolidating around resistance; could be in the process of creating a continuation pattern.
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