USD/JPY Rate Clears Opening Range for September to Eye 2021 High
USD/JPY may continue to retrace the decline from the yearly high (111.66) as the exchange rate breaks out of the opening range for September.
USD/CAD Technical Outlook: Levels, Lines, and Scenarios to Consider
USD/CAD hasn't been very clean, but there are a couple of levels to watch and scenarios that could make things interesting.
EUR/USD Outlook – Recovery Looks Weak and Increasingly Vulnerable
The rise in US Treasury yields will eventually feed into EUR/USD and knock the pair lower, with sub-1.1700 looking likely
Bitcoin & Etherum Drop as China Declares Cryptocurrency Activities Illegal
China Crackdown on Cryptocurrencies. Declares Crypto Activities Illegal. Bitcoin & Etherum Slide
GBP/USD Flattens After BOE-Induced Rally
A hawkish tone from the Bank of England boosts the Pound as the Dollar tries to catch up to yields
US Dollar Outlook Bullish on Future US-China Tension
The US Dollar may gradually rise amid rising tensions between the US and China as the Biden administration redirects its focus to Asia.
Australian Dollar Eyes Evergrande as USD Bondholders Still Await Interest Payments
The Australian Dollar marked time after reports crossed the wires that Evergrande USD bondholders had yet to receive interest payments ahead of a key deadline. What are key AUD/USD levels…
AUD/USD, AUD/JPY Surge Despite Rising Treasury Yields, Looming Evergrande Risks
The Australian Dollar gained as traders bid up stocks on Wall Street. Evergrande woes are being brushed aside despite reports that Beijing asked localities to prepare for its downfall.
New Zealand Dollar Forecast: Bull Moves Back on Track? – Setups for NZD/JPY, NZD/USD
The New Zealand Dollar’s bullish breakout attempt in early-September was rebuffed. Price action at the end of the month is telling a different story.
Gold Price Forecast: Pointing Lower After September Fed Meeting – Levels for XAU/USD
Gold prices failed to retake the uptrend from the May 2019, March 2020, and March 2021 lows, and are nearing their monthly low.