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Japanese Yen Forecast: USD/JPY, AUD/JPY, EUR/JPY May Rise as Retail Traders Sell

Posted by By 29/09/2021Posted inForex
The Japanese Yen may weaken against the US Dollar, Australian Dollar and Euro as retail traders increase downside exposure in USD/JPY, AUD/JPY and EUR/JPY. What are key levels to watch?
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Gold Price Forecast: Skyward Treasury Yields, GLD ETF Outflows Dim XAU Outlook

Posted by By 29/09/2021Posted inForex
Gold prices remain under pressure as traders continue to hit the sell button on Treasuries. Meanwhile, gold's total ETF holdings are near the lowest in 5 months after fund outflows.
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AUD/USD Losses Moderate With Treasury Yields. Japanese Election in Focus for APAC

Posted by By 28/09/2021Posted inForex
The Australian Dollar moved lower versus the US Dollar overnight as gaining yields and higher interest rate bets pushed traders out of risk assets. The Japanese party leader election is…
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Natural Gas Outlook: Price Continues to Soar as Severe Winter Shortage Looms

Posted by By 28/09/2021Posted inForex
Natural gas prices continue to race higher as global supply continues to lag well behind demand. Current month futures briefly traded above $6.00 mmBtu.
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Nasdaq Tanks on Rising U.S. Yields, ARKK Appears to Confirm Double Top Pattern

Posted by By 28/09/2021Posted inForex
Rising US Treasury yields weigh on the equity market, with tech and growth companies bearing the brunt of the sell-off as traders rotate out of high-flying stocks with elevated valuations.
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EUR/USD Rate Defends 2021 Low Ahead of Euro Area Inflation Report

Posted by By 28/09/2021Posted inForex
EUR/USD may continue to defend the yearly low (1.1664) as the update to the Euro Area Consumer Price Index (CPI) is anticipated to show a pickup in inflation.
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Canadian Dollar Outlook: USD/CAD Snaps Five-Days Down- Reversal Risk

Posted by By 28/09/2021Posted inForex
USD/CAD is poised to mark an outside-day reversal off monthly-open support. Is a near-term low in place? The levels that matter on the Loonie technical charts.
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GBP/USD IG Client Sentiment: Our data shows traders are now at their most net-long GBP/USD since Aug 23 when GBP/USD traded near 1.37.

Posted by By 28/09/2021Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.
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British Pound Price Action: Cable Snaps, GBP/USD to 8 Month Lows

Posted by By 28/09/2021Posted inForex
GBP/USD is sinking down to fresh eight-month-lows this morning, with the 1.3500 psychological level approaching which hasn't been in-play since January of this year.
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Dollar Dominates Markets as Yields Rise – The Macro Setup

Posted by By 28/09/2021Posted inForex
The US Dollar has delivered a bullish breakout as yields rise for the fourth day in a row
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