Stock Market Forecast for the Week Ahead: Will the Mania Continue?
US indices were thrown into disarray last week as an army of retail traders poured into stocks with heavy short interest like GameStop. What makes for an intriguing story is…
US Dollar Technical Forecast: DXY, EUR/USD, GBP/USD, AUD/USD
The broader US Dollar Index rebounded 0.71% last month amid rising volatility and fading EUR/USD strength. GBP/USD looks primed for a break and AUD/USD is contending with support.
Mexican Peso Forecast: Bears Lose Control as USD/MXN Threatens to Break Above Key Resistance
USD/MXN is attempting to break above a descending trendline as buyers gain momentum.
AUD/USD, AUD/CAD Key Chart Patterns. Are Breakdowns Looming?
The Australian Dollar has formed bearish technical setups against its US and Canadian counterparts, with prices potentially setting up for significant breakdowns.
Weekly Technical Euro Forecast: It's a Mixed Bag
Selection matters in the EUR-crosses, as each major pair is seemingly in its own world.
Euro Forecast: EUR/USD to Shrug Off Any Hints of an ECB Interest Rate Cut
Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance…
Pound Technical Outlook: GBP/USD, Short & Medium-term Charts to Watch
GBP/USD has been trending higher in choppy fashion; channel and wedge formations to keep an eye on for further cues.
Gold Price Forecast: Is Gold at Risk From a US Dollar Turning Point?
Gold prices consolidating, however, US Dollar may present a risk.
US Dollar Forecast: Where to After GameStop Short-Squeeze Rattled Markets?
The US Dollar may remain in a consolidative state as fundamental risks, such as fiscal stimulus bets, non-farm payrolls and “short-squeezing”, threaten broader stock market sentiment.
Dow Jones Forecast: Will There be Another 10 Percent Price Drop?
The Dow Jones entered a technical correction after breaking the “Ascending Channel” formed since early November. MACD divergence points to bearish momentum that may lead to a deeper pullback.