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Australian Dollar Forecast: AUD/USD Weakness Unfazed After Soft Chinese Inflation

Posted by By 09/09/2021Posted inForex
AUD/USD weakness was unfazed following softer-than-expected Chinese CPI data. Traders will be watching for action from the PBOC in the coming weeks as bets on further stimulus gyrate.
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US Dollar Downtrend Fizzling? USD/SGD, USD/THB, USD/PHP, USD/IDR

Posted by By 09/09/2021Posted inForex
The US Dollar’s downtrend against ASEAN currencies seems to be on the verge of fizzling. USD/SGD, USD/THB, USD/PHP and USD/IDR seem to be mounting a comeback. Where to next?
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Natural Gas Outlook: Bias Remains Skewed Higher Amid Tightened Supply

Posted by By 09/09/2021Posted inForex
Natural gas prices broke out to a fresh 7-year high as traders digest colder seasonal temperatures and low reserves.
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Chinese Yuan Forecast: USD/CNH Eyes China CPI, PPI Figures in APAC Trade

Posted by By 08/09/2021Posted inForex
The Chinese Yuan is in focus as Chinese inflation and factory gate prices are set to cross the wires in today's Asia-Pacific session. The data points will likely influence near-term…
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New Zealand Dollar Forecast: Bullish Breakouts Coming Soon? – Setups for NZD/JPY, NZD/USD

Posted by By 08/09/2021Posted inForex
The Kiwi’s decline in August has been quickly reversed as it appears that the RBNZ will move to normalize policy sooner rather than later.
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Financials and Energy Stocks May Have Upside Potential, XLF and XLE Look Attractive

Posted by By 08/09/2021Posted inForex
Financials and energy stocks, with cheap valuations, may offer a compelling risk/reward profile heading into the fourth quarter as the economic recovery stabilizes.
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Bitcoin (BTC/USD) Finds Support above $45,000 after Steep Decline

Posted by By 08/09/2021Posted inForex
Bitcoin (BTC/USD) falls back to $46,000 after a strong rally. Which way will crypto go?
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EUR/USD Extends Decline to Test 50-Day SMA Ahead of ECB Rate Decision

Posted by By 08/09/2021Posted inForex
The European Central Bank (ECB) interest rate decision may do little to shore up the Euro as the Governing Council appears to be on track to retain the current policy.
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Canadian Dollar Technical Analysis: What’s Next After BOC Meeting? – Setups in CAD/JPY, USD/CAD

Posted by By 08/09/2021Posted inForex
The September BOC rate decision met expectations, leaving both CAD/JPY and USD/CAD rates along their current trajectory.
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Australian Dollar Outlook: Aussie Reversal Threat- AUD/USD Levels

Posted by By 08/09/2021Posted inForex
Aussie plunged nearly 1.8% off the monthly high with price threatening a larger reversal. These are the levels that matter on the AUD/USD technical charts.
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