British Pound Technical Analysis: GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD
The British Pound has been mixed in 2021 against it’s G10 peers. Here are technical setups for GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD.
AUD/USD Path Brightens on Trendline Break Ahead of Trade Data
The Australian Dollar eclipsed a key level overnight as US stocks gained. Australia's trade balance report for July will cross the wires, which will provide key data to help gauge…
Nasdaq 100 Starts the Month with Bullish Bias & Ekes Out Record Close. Now What?
Nasdaq 100 starts the month with a positive bias and sets record closing high on the back of low U.S. Treasury yields, but downside risks continue to build in the…
Oil Price Rebound Emerges as OPEC Keeps Crude Production Steady
Current market conditions may keep the price of oil afloat as OPEC remains reluctant to push production towards pre-pandemic levels.
New Zealand Dollar Outlook: NZD/USD Surge to Resistance- NFP on Tap
New Zealand Dollar is up 8 of the past 9 sessions with a 4% rally now eyeing resistance ahead of NFP. The levels that matter on the NZD/USD technical charts.
Ethereum Breaks Out, Bitcoin Bounces Back and Cardano Sets Up Under 3.0000
Ethereum put in a strong breakout this morning after visiting a key spot of support yesterday; and Bitcoin is bouncing back, as well.
Nasdaq Flies to Record High with S&P500 Poised to do the Same, FTSE up
The Nasdaq was fastest out of the gates this morning posting a new all-time high with the S&P looking to do the same. FTSE up despite dropping from the daily…
Gold Price Forecast: Gold Grinds Support as NFP Looms – XAU Levels
Gold price action has quieted to a veritable crawl, but that looks to be in anticipation of Non-farm Payrolls later this week. Can bulls strike another high for Gold?
EUR/USD Stages Four Day Rally as ECB Adopts Hawkish Tone Ahead of NFP
EUR/USD stages a four-day rally as recent remarks from ECB Vice-President Guindos indicate a looming shift in the forward guidance for monetary policy.
US Dollar Stuck to the Lows as Employment Contraction Offsets ISM Beat
ISM Manufacturing Beat Fails to Lift USD as Employment Component Contracts