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Weekly Fundamental Gold Price Forecast: Hawkish Central Banks a Hurdle

Posted by By 31/10/2021Posted inForex
Gold prices are facing difficulties in the coming days as more and more central banks take a hawkish turn.
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US Stock Rally Braces for Fed to Gradually Taper QE Program

Posted by By 31/10/2021Posted inForex
The Federal Reserve interest rate decision may influence the US stock market as the central bank prepares to scale back monetary support.
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US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, AUD/USD, USD/JPY

Posted by By 31/10/2021Posted inForex
It was a big week for US Dollar price action but it's perhaps an even bigger week ahead given the economic calendar, with both NFP and FOMC on the docket.
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Canadian Dollar Forecast: USD/CAD Sets Support ahead of FOMC, NFP

Posted by By 31/10/2021Posted inForex
Canadian Dollar slipped for the second consecutive week as USD/CAD tries support near the July lows. The Loonie levels that matter on the weekly technical chart.
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Euro Forecast: EUR/USD Rally More Likely After Traders Ignore Dovish Lagarde

Posted by By 31/10/2021Posted inForex
The reaction in the FX markets to last Thursday’s comments by the ECB President was odd: she was dovish, yet the Euro climbed. That suggests more near-term upside for the…
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GBP/USD Technical Forecast: Failure to Clear Cluster Resistance Can Steer Cable Lower

Posted by By 30/10/2021Posted inForex
GBP/USD's repeated failures to break above cluster resistance in the 1.3830/1.3855 area is a sign that bullish momentum is fading, a fact that may pave the way for near-term weakness.
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Crude Oil Outlook: Oil Prices Remain Supported Ahead of OPEC+

Posted by By 30/10/2021Posted inForex
Oil prices continue to rise as fundamental factors weigh on supply. Rising channel continues to hold bulls at bay
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US Dollar Forecast: Fed QE Taper, Non-Farm Payrolls, Wall Street Volatility Risk

Posted by By 30/10/2021Posted inForex
The US Dollar rose as markets await the Fed, the start of QE tapering and NFPs. Still, USD has broadly underperformed in October, it might have its chance to shine…
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Dow Jones, Nasdaq 100, S&P 500 Forecasts for Next Week

Posted by By 30/10/2021Posted inForex
Stocks continue to be steady overall and in the absence of a sudden shock and downdraft, higher levels look likely.
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Bitcoin (BTC) Steadies Around $61k, Ethereum (ETH) Posts a New All-Time High

Posted by By 30/10/2021Posted inForex
The cryptocurrency market is back on the front foot and pushing higher after a mid-week clear out and both Ethereum and Bitcoin look good to move even higher.
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