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AUD/USD Bounce May Extend Higher After China PMIs Impress

Posted by By 30/11/2021Posted inForex
AUD/USD may extend its Monday bounce after China's November PMI data showed a strong improvement from the prior month. Higher iron ore prices may also boost the Australian Dollar.
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Hang Seng Hovers Near 2021 Lows as Virus Fears Continue to Linger

Posted by By 29/11/2021Posted inForex
The Hang Seng Index fell by just under 1% as Omicron weighs heavily on market sentiment.
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S&P 500 Rallies as Biden Rules Out New Lockdowns, but Omicron Remains a Wild Card

Posted by By 29/11/2021Posted inForex
The S&P 500 rebounds at the start of the week as a relative sense of calm returns to Wall Street, but uncertainty over the Omicron variant will keep investors on…
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Ethereum with the Brighter Bull Case than Bitcoin (BTC/USD)

Posted by By 29/11/2021Posted inForex
Both Ethereum and Bitcoin have bounced back from last week's plunge, but ETH is looking even more bullish than BTC.
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Crude Oil Price Forecast: WTI Bounces from Big Level – Can it Hold?

Posted by By 29/11/2021Posted inForex
Oil prices put in an aggressively bearish move to close last week and after a mild bounce to start this week, sellers were on the prowl again.
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Euro Technical Analysis: EUR/USD, EUR/JPY

Posted by By 29/11/2021Posted inForex
The single currency is seemingly hanging on by a thread. Will sellers step back from the ledge?
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US Dollar Support Test: AUD/USD, USD/CAD Primed for Powell

Posted by By 29/11/2021Posted inForex
The US Dollar is clawing back losses from the Omicron scare late last week. But the attention will soon shift to Jerome Powell ahead of his Congressional testimony.
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Gold Price Forecast: XAU/USD Grinds Support in Bear Flag Formation

Posted by By 29/11/2021Posted inForex
Gold is grasping at support in the bear flag formation - but can it hold?
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Crude Oil Update: Moderna Eyes Early 2022 for Omicron Vaccine, ‘OPEC+’ Delays Technical Meeting

Posted by By 29/11/2021Posted inForex
Friday’s crude oil Back Friday sale during lower post-Thanksgiving liquidity looking more likely to be an overreaction amid Omicron optimism
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Euro Rise Likely Temporary, USD to Reassert Dominance But Watch for Powell Risk

Posted by By 29/11/2021Posted inForex
Euro shorts squeezed on Covid fears, however, rise is likely temporary
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