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Crude Oil Prices Hit 2-Month High on Supply Squeeze, 2021 Top Eyed

Posted by By 27/09/2021Posted inForex
Crude oil prices rose to the highest in two months amid a supply squeeze. Will buyers push to revisit the high for the year near $77/barrel?
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EUR/USD, EUR/CHF, EUR/CAD: Ranges Established, Is a Breakout Close By?

Posted by By 27/09/2021Posted inForex
The Euro is caught in a series of ranges against USD, CHF and CAD. Will the European currency unit break out and establish a trend?
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Australian Dollar Forecast: AUD/USD Action May Swing on Chinese Industrial Profits

Posted by By 26/09/2021Posted inForex
The Australian Dollar faces a tough ride higher after Treasury yields surged last week. Monday's APAC session will put focus on Chinese industrial profits. A bright figure may help AUD/USD.
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Weekly Australian Dollar Technical Forecast: Bears Losing Control of Price Action

Posted by By 26/09/2021Posted inForex
Shifting fundamental influences have allowed technical relief amid the most net-short futures positioning in history for the Australian Dollar.
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Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande

Posted by By 26/09/2021Posted inForex
The Dow Jones rose as investors brushed aside Evergrande woes for the Fed's outlook. China's crackdown on cryptocurrencies sent Bitcoin falling. Treasury yields are back on the rise, sending USD/JP...
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S&P 500 & FTSE 100 Forecasts for the Week Ahead

Posted by By 26/09/2021Posted inForex
Short-term uncertainties to keep the pressure on equity markets.
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US Dollar Technical Forecast: USD Lacks Conviction as Resistance Nears

Posted by By 26/09/2021Posted inForex
The USD could still rally a bit from here, but has resistance not far ahead that it will need to overcome if it is to extend to a larger degree.
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Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande

Posted by By 26/09/2021Posted inForex
Crude oil prices may rise as global Covid case growth continues to slow, raising demand expectations. Eyes are on OPEC’s annual world oil outlook report. China’s Evergrande situation remains fluid.
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Euro Forecast: Limited EUR/USD Bounce Could Follow German Election Results

Posted by By 26/09/2021Posted inForex
The results of this weekend’s German Federal Election will likely dominate Euro sentiment at the start of the week ahead but after a possible EUR/USD bounce they will have little…
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Sterling Forecast: GBP/USD Breakout Imminent as Cable Contracts

Posted by By 25/09/2021Posted inForex
Sterling continues to contract into trend extremes and the focus is on a pending breakout in the weeks ahead. Here are the levels that matter on the GBP/USD weekly chart.
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