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Gold Price Forecast: Gold Breakout Potential, XAU/USD Levels

Posted by By 04/10/2021Posted inForex
Gold prices are punching up to a fresh weekly high after brewing a bullish reversal formation last month. Can Gold bulls take control as global risks rise?
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Crude Oil Technical Forecast: WTI at a Major Long-term Level

Posted by By 04/10/2021Posted inForex
WTI is trading at a major decade-long level that could have an important impact this week.
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AUD/USD Rate Recovery Susceptible to Dovish RBA Forward Guidance

Posted by By 04/10/2021Posted inForex
The Reserve Bank of Australia (RBA) interest rate decision may drag on AUD/USD as the central bank is widely expected to retain the current policy.
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Canadian Dollar Technical Analysis: Bullish Breakout Begins for Loonie – Levels for CAD/JPY, USD/CAD

Posted by By 04/10/2021Posted inForex
Oil prices are surging to fresh yearly highs, and now that Canadian federal elections are in the rearview mirror, the Loonie is able to follow.
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Crude Oil Jumps in Immediate Reaction to Expected OPEC Announcement

Posted by By 04/10/2021Posted inForex
Energy markets have been on fire in September, and a push to fresh yearly highs may not be far away for crude oil prices.
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Introduction to Basic Trendline Analysis

Posted by By 04/10/2021Posted inForex
Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.
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US Dollar Technical Outlook: DXY Rally Reversing Again, Watch Support

Posted by By 04/10/2021Posted inForex
The DXY is once again following a familiar sequence; levels and lines to watch in the days ahead.
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Central Bank Preview: RBA and RBNZ Diverging Central Bank Policy

Posted by By 04/10/2021Posted inForex
This week sees the Australian and New Zealand central banks provide updates to monetary policy with the RBNZ almost guaranteed to raise rates for the first time since the pandemic
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USD Buying Resumes, NZD Longs Stretched, CAD Shorts Reduced – COT Report

Posted by By 04/10/2021Posted inForex
USD buying picking up against Euro, JPY & CHF. CAD shorts reduced. GBP rallies face hurdles.
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EUR/JPY IG Client Sentiment: Our data shows traders are now net-long EUR/JPY for the first time since Sep 23, 2021 when EUR/JPY traded near 129.49.

Posted by By 04/10/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bearish contrarian trading bias.
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