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Euro Week Ahead Forecast: EUR/USD Bounce May Be Over Already

Posted by By 05/12/2021Posted inForex
EUR/USD was relatively stable last week but it is still hard to see a stronger recovery unless the European Central Bank reverses its position that a tightening of Eurozone monetary…
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Australian Dollar Forecast: AUD/USD in Focus as Traders Await Omicron News, RBA

Posted by By 05/12/2021Posted inForex
The risk-sensitive Australian Dollar is moving slightly higher as the APAC trading week kicks off. Traders await developments on the Omicron threat as the RBA's last meeting of the year…
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Gold Makes Third Successive Weekly Decline As General Market Sentiment Whipsaws

Posted by By 05/12/2021Posted inForex
Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased.
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Crude Oil Drops a 6th Straight Week Amid Extreme Volatility

Posted by By 04/12/2021Posted inForex
Crude oil managed to stabilize its dramatic bearish trend this past week, but the current continues to carry the commodity lower. The tipping point for this commodity stands very prominently…
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US Dollar Fundamental Forecast: DXY Primed Ahead of CPI Data

Posted by By 04/12/2021Posted inForex
The US Dollar index closed higher for the sixth consecutive week as fundamental tailwinds buoyed the Greenback. This week's CPI data may push the DXY index higher on hawkish Fed…
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Dow, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Posted by By 04/12/2021Posted inForex
Stocks stumbled as Omicron and FOMC policy became focal points, and this may lead to a deeper pullback as equities incorporate these new risk factors.
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USD/CAD Outlook Hinges on Bank of Canada (BoC) Rate Decision

Posted by By 04/12/2021Posted inForex
The Bank of Canada’s (BoC) last interest rate decision for 2021 may keep USD/CAD afloat as the central bank is expected to retain the current policy.
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Australian Dollar May Wobble on RBA Rate Decision, Omicron Variant and US CPI

Posted by By 04/12/2021Posted inForex
The Australian Dollar remains vulnerable ahead of the last RBA rate decision of 2022. The Omicron Covid-19 variant poses a risk if strict lockdowns ensue. Will AUD/USD’s decline extend?
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Gold Price Forecast – XAU/USD Testing Big Level of ‘Hidden’ Support

Posted by By 03/12/2021Posted inForex
Gold has been generally weak and at a big level; a price pattern on the short-term chart is seen as dictating the next move.
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GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise

Posted by By 03/12/2021Posted inForex
Scientific data on vaccine efficacy a trigger for a BoE rate rise this month.
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