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Dow Jones, S&P 500, DAX 30 Forecasts: Technical Analysis, Retail Bets Flash Warnings

Posted by By 20/08/2021Posted inForex
The Dow Jones, S&P 500 and DAX 30 could be at risk amid a combination of contrarian positioning signals and technical analysis warnings. What are key levels to watch for…
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Canadian Dollar Road Ahead Remains Bleak: USD/CAD, CAD/JPY, AUD/CAD, EUR/CAD

Posted by By 20/08/2021Posted inForex
The Canadian Dollar remains at risk to some of its major counterparts. USD/CAD’s breakout, CAD/JPY’s Head and Shoulders, AUD/CAD’s downtrend and EUR/CAD’s bottom are in focus.
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Nasdaq 100 Rebounds as US Dollar Hits an 8-Month High, APAC to Open Higher

Posted by By 20/08/2021Posted inForex
The Nasdaq 100 index climbed on Thursday as investors shed reflation bets and rotated into tech names amid viral concerns. The US Dollar surged to an 8-month high. Asia-Pacific markets…
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FTSE 100 Outlook: Index Posts Worst Day in a Month Amid Commodities Sell-Off

Posted by By 20/08/2021Posted inForex
FTSE 100 mirrored other major indexes on Thursday by finishing deep in the red, as a decline in commodities and Fed taper fears promoted risk-off appetite.
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AUD/USD Selloff Deepens as Australian Lockdowns Prompt US Dollar Haven Flows

Posted by By 19/08/2021Posted inForex
The Australian Dollar selloff worsened overnight despite a better-than-expected jobs report. Australian lockdowns see no light at the end of the tunnel after record daily cases were reported.
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US Dollar Outlook: DXY Index Surges to Fresh Yearly High

Posted by By 19/08/2021Posted inForex
US Dollar bulls are back with vengeance as recent strength across USD price action sends the broader DXY Index ripping to fresh yearly highs. Can the US Dollar extend its…
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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Posted by By 19/08/2021Posted inForex
Rate hike odds have receded for Europe’s two major central banks, dragging down the British Pound and the Euro along the way.
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NZD/USD Rate Selloff Sends RSI Towards Oversold Territory

Posted by By 19/08/2021Posted inForex
Looming developments in the RSI may indicate a further decline in NZD/USD if the oscillator pushes into oversold territory for the second time in 2021.
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Gold Price Forecast: Make or Break Time for Bulls – Levels for XAU/USD

Posted by By 19/08/2021Posted inForex
Gold prices are holding below a confluence of technical resistance that may imperil the recovery.
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Sterling Forecast: GBP/USD Plummets Through Trend Support- Cable Risk

Posted by By 19/08/2021Posted inForex
A multi-week consolidation puts the July opening-range just above uptrend support- breakout imminent. Here are the levels that matter on the GBP/USD weekly technical.
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