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US Dollar Technical Outlook Remains Bullish

Posted by By 22/11/2021Posted inForex
Last week DXY declined to support and held, now looking to continue building on its impressive rally of late.
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EUR/USD Under Pressure amid German Lockdown Fears, Strong US Dollar

Posted by By 22/11/2021Posted inForex
The Thanksgiving holiday may provide a slight reprieve for EUR/USD in a week that could see the currency drop towards 1.1200 depending on US data
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British Pound (GBP) Outlook – EUR/GBP Clinging on to Multi-Month Support

Posted by By 22/11/2021Posted inForex
EUR/GBP remains stuck at recent support and further losses remain on the cards.
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USD/ZAR Forecast: Dollar Bid As Risk Aversion Extends, Rand to Test 16.00?

Posted by By 22/11/2021Posted inForex
EM’s including the rand extend last week’s losses as markets flock to safe-haven currencies in the wake of COVID-19 fears
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Crude Oil Tanks on Speculation of Supply From the US and Japan. Will WTI Continue to Break Support?

Posted by By 22/11/2021Posted inForex
Oil forecasts toward US$ 100 a barrel have been questioned by the market as strategic stockpiles may provide relief. Can oil slide further?
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Gold Price Rise Hits a Wall on Hawkish Fed Comments, Key US Data Eyed

Posted by By 22/11/2021Posted inForex
Gold prices retreated as a Fed official loudly called for faster stimulus withdrawal. US PMI, PCE and GDP data informing monetary policy bets now comes into focus.
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Japanese Yen Technical Analysis: USD/JPY, EUR/JPY. Will Yen Weakness Resume?

Posted by By 22/11/2021Posted inForex
The Japanese Yen stopped weakening against the US Dollar and strengthened against the Euro. Where to for Yen now?
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US Dollar Technical Outlook: USD/SGD, USD/THB Ready to Rise? Will USD/IDR, USD/PHP Follow?

Posted by By 22/11/2021Posted inForex
The US Dollar may be readying to extend gains against the Singapore Dollar and Thai Baht. Will the Indonesian Rupiah and Philippine Peso follow?
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AUD/USD Eyes Upside on Potential Loan Prime Rate Cut in China

Posted by By 22/11/2021Posted inForex
AUD/USD has China's monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.
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Powell versus Brainard: Next Fed Chair Pros and Cons

Posted by By 21/11/2021Posted inForex
US President Joe Biden is expected to make his decision on who will be the next Fed Chair in the coming days.
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