Forex

Looming developments in the RSI may indicate a further decline in the price of gold as the indicator flirts with oversold territory for the first time since November.

The ISM Manufacturing PMI Report for February rose to its highest level of the pandemic, showing strength from the manufacturing sector as the economic recovery continues.

FTSE has been relatively directionless, but even as such the overall trading bias appears to remain pointed lower.

US Dollar squeeze higher could extend if risk assets continue to deteriorate.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.

It’s a positive start to March for equity markets as bond yields stabilize

USD/ZAR remains in the confines of a rectangle pattern which could be pushed for a breakout over the next few weeks as fundamental drivers begin to stack up.

GBP/USD printed a rare red candle on the weekly chart last week, the first weekly loss for nearly two months.

The European Central Bank’s weekly bond-purchases could determine the near-term trajectory of the Euro against the US Dollar and Japanese Yen.