Central Bank Watch: BOC & ECB Interest Rate Expectations Update
Both the Bank of Canada and European Central Bank met in recent days, setting the tone for 2021.
US Dollar Outlook: USD Snaps Back- Are Bears Taking Control?
Dollar plunged more than 0.6% this week with the sell-off now testing trend support- is the recovery over? Here are the levels that matter on the DXY technical charts.
USD/CAD Post-BoC Weakness Persists with RSI Threatening Upward Trend
USD/CAD trades to fresh monthly lows following the BoC rate decision, with the RSI threatening the upward trend established earlier this month.
USD/ZAR Outlook: Rand Resilient as SARB Leaves Rates Unchanged
With interest rates remaining at 3.5%, will the Rand remain attractive to yield seeking investors and prolong its bull run in 2021?
DAX & CAC Technical Outlook: Trend Remains Bullish with Potentially Bearish Twist
European markets continue to hold up after a big late-year rally; trending upward, but H&S pattern could create setback.
Euro Price Action: ECB Maintains Policy, Euro Remains at Daily Highs
As widely expected, the ECB left its monetary policy unchanged. Euro remains at daily highs
Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness
Gold has rallied into a cluster of moving average resistance and this is likely to test the recent strength of the precious metal
BTC/USD Price Forecast: Symmetrical Triangle Points to a Build in Momentum
Bitcoin struggles to push above key resistance as price consolidation continues
British Pound (GBP) Latest: GBP/USD to Top 1.38 if Resistance Breaks
GBP/USD continues to struggle to make a sustained break above resistance just over 1.37 but, if it does, there is little further resistance before 1.38.
EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View
EUR/USD rates may gain ground in the coming days if the European Central Bank opts to keep its monetary policy setting steady at its upcoming meeting.