US Dollar Technical Outlook: DXY Bouncing from Support, for Now
The USD is trying to mount a rally here, but it may only be a bounce before another leg lower; levels, lines, and scenarios to watch.
Canadian Dollar Forecast: USD/CAD Awaiting BoC Meeting
Softer risk appetite prompts USD/CAD to test short-term resistance.
USD/ZAR Breaking News: Rand Fades After Mixed South African GDP
South African GDP displayed mixed results but markets responded negatively to missed QoQ data as the rand slipped - USD/ZAR trades above 14.30.
Gold Price Forecast: XAU/USD Bulls Struggle to Keep Bullish Trendline
XAU/USD latest price reversal puts its bullish trendline at risk if drop continues
Bitcoin (BTC) Becomes Legal Tender in El Salvador, Solana (SOL) Continues to Surge Higher
Bitcoin is now legal tender in El Salvador and the country now holds 400 BTC and is looking to buy more.�
British Pound (GBP) Price Outlook: GBP/USD May Suffer From UK Tax Hike Plan
GBP could come under downward pressure after its recent advance as UK PM Johnson faces a backlash from within his own party over plans to raise National Insurance to pay…
Australian Dollar Gains as RBA Stays Course for Tapering, AUD/USD to Keep Rising?
The Australian Dollar moved up immediately after the RBA stuck with its plan for tapering asset purchases in September, defying expectations. Will AUD/USD test resistance?
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook for the Week Ahead
The Dow Jones, S&P 500 and Nasdaq 100 remain in an uptrend since last year’s bottom. Momentum continues to slow however, what are key levels to watch for in the…
Euro Crosses Technical Analysis: EUR/JPY, EUR/CHF to Extend Gains?
The Euro set fresh lows in August looking at EUR/JPY and EURCHF. Since then, prices rallied consistently. Is it the beginning of a new, larger move?
New Zealand Dollar Sinks as US Dollar, Treasury Yields Rise. ASX 200 Eyeing RBA
The New Zealand Dollar sank as the US Dollar rose with the 10-year Treasury yield on Monday. Ahead, the ASX 200 and AUD/USD are eyeing the RBA rate decision.