DAX 30 Technical Outlook – Triggering Short-term Bearish Pattern
European markets are rolling over with the DAX heading below the neckline of a H&S pattern.
Euro Dollar Forecast: EUR/USD Bullish or Bearish Amid Major Events
EUR/USD remains at the discretion of major economic events
Gold Price (XAU/USD) Unable to Break Through Technical Chart Resistance
Gold is starting the week little changed with a cluster of moving averages continuing to frustrate precious metal bulls.
USD/JPY Price Analysis: Japan’s Tighter Lockdown and FOMC in Focus
USD/JPY approaches long-term descending trendline. Will the anticipated US stimulus proposal of $1.9 trillion send the currency pair lower?��
CAC 40 Under Pressure as France Struggles to Contain the Virus
The 7-day rolling average remains above 20,000 in France despite strict measures to try and contain the virus
British Pound (GBP) Latest: GBP/USD Upside Intact, EUR/GBP Outlook Bearish
GBP stands to outperform on vaccine rollout success. EUR/GBP rallies faded as key support nears.
USD/ZAR Outlook: Rand Resilient Despite ANC Lekgotla and US Flight Ban
Seemingly detrimental weekend announcements for the Rand has not swayed the Emerging Market currency USD/ZAR is down 0.43% today. How will the week unfold with key data due this week?
DAX 30 Outlook: Eyeing Yearly High with Business Climate Data in Focus
Germany’s benchmark DAX 30 index may continue pushing higher, despite diminishing growth forecasts for 2021, as the number of daily coronavirus cases notably decreases.
Gold, Crude Oil Outlook: Big Week Ahead with FOMC, US Q4 GDP in Focus
Gold and crude oil prices retreated slightly ahead of a busy week: the FOMC meeting, US 4Q GDP and core PCE inflation data may lead to heightened volatility in commodity…
Bitcoin, Ethereum Outlook: ETH Poised to Outperform BTC in Near Term
The Bitcoin/Ethereum ratio’s break to its lowest levels since August 2018 suggests that ETH may continue to outperform BTC in the coming weeks. Key levels to watch for Bitcoin and…