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Oil Fails to Fill Price Gap Even as OPEC+ Retains Production Schedule

Posted by By 04/11/2021Posted inForex
The price of oil may face a further decline over the coming days as it struggles to fill the price gap from earlier this week.
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US Dollar Technical Forecast: USD Eyes Fresh Yearly Highs- NFP on Tap

Posted by By 04/11/2021Posted inForex
US Dollar rallied more than 1.2% off the October low with DXY approaching key resistance at the yearly high into NFPs. Levels that matter on the weekly technical chart.
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British Pound Price Action Setups: GBP/USD, GBP/JPY, EUR/GBP

Posted by By 04/11/2021Posted inForex
The British Pound is getting crushed today after the BoE did not hike rates as many had expected. But which GBP pairs are prime for bearish continuation and which are…
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USD/CAD Rate to Face US and Canada Employment Reports

Posted by By 04/11/2021Posted inForex
USD/CAD is likely to face increased volatility later this week as both the US and Canada are slated to releases updated figures surrounding the labor market.
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DAX & CAC Technical Outlook at Record High Levels

Posted by By 04/11/2021Posted inForex
European stocks are rallying and the DAX and CAC are both notching fresh record highs; levels & lines to watch.
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EUR/USD Technical Analysis: Euro Downtrend Looking to Extend

Posted by By 04/11/2021Posted inForex
EUR/USD appears set to extend the downtrend dating to May; levels and lines to watch in the days ahead.
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Gold Prices React to the Fed, Yields & Non-Farm Payrolls (NFP)

Posted by By 04/11/2021Posted inForex
Gold prices have recovered a portion of losses after Fed rate decision. NFP remains a key catalyst for the imminent move.
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GBP/USD Tumbles After Bank of England Leaves UK Interest Rate Unchanged

Posted by By 04/11/2021Posted inForex
The Bank of England’s monetary policy committee has unexpectedly left UK Bank Rate at 0.1%, sending GBP/USD sharply lower as a 15 basis point rate hike had been fully priced…
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Japanese Yen Outlook: USD/JPY Consolidating, NFP Could Shake Things Up

Posted by By 04/11/2021Posted inForex
The threat of tightening by the Fed has been suppressed for now leaving the U.S. dollar against the Japanese Yen in limbo as attention shifts to NFP data tomorrow. Fundamentals…
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Crypto Update: Bitcoin (BTC) Struggles to Push Higher as Ethereum (ETH) Takes the Spotlight

Posted by By 04/11/2021Posted inForex
Bitcoin hovers within a triangle pattern as Ethereum outperforms on the back of surging alt-coins
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