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Forex

Weekly Fundamental Gold Price Forecast: Lacking Luster, a Turning Point Arrives

Posted by By 17/01/2021Posted inForex
Between investors seeking higher yielding and more growth-sensitive assets and a sense of disappointment over the Biden stimulus package, gold prices are struggling.
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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises

Posted by By 17/01/2021Posted inForex
The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a…
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US Dollar Outlook: USD Surges as Index Rebounds off Trend Support

Posted by By 17/01/2021Posted inForex
The Dollar's first major counteroffensive since September takes the index more than 1.6% off the monthly low. Here are the levels that matter on the DXY technical chart.
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Mexican Peso Technical Forecast: USD/MXN Picks Up Buyer Support

Posted by By 17/01/2021Posted inForex
USD/MXN continues consolidation as bearish momentum eases and bias attempt to turn to the upside.
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Crude Oil Technical Outlook: Pullback at Hand Before Next Leg Higher?

Posted by By 17/01/2021Posted inForex
Crude oil prices are poised to continue their upward trajectory in 2021, but technical signals hint that a near-term pullback may precede the next major push higher.
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Euro Forecast: EUR/USD Week Ahead Outlook Poor, ECB Meeting in Focus

Posted by By 17/01/2021Posted inForex
EUR/USD has dropped sharply over the last few days and may well fall further. However, it is also possible that the bad news is now priced in to the exchange…
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Sterling (GBP) Weekly Forecasts: GBP Supported by Covid Vaccination Hopes

Posted by By 16/01/2021Posted inForex
Sterling continues to nudge higher against most major currencies with traders placing their trust in the ongoing UK vaccination plan.
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Japanese Yen Technical Forecast: USD/JPY Triangle Builds into Wedge

Posted by By 16/01/2021Posted inForex
USD/JPY has built a short-term wedge inside of a longer-term triangle - but which one should a trader bias?
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US Dollar Rebound in Focus Ahead of US Presidential Inauguration

Posted by By 16/01/2021Posted inForex
The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.
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S&P 500, DAX 30 & FTSE Technical Forecast for Next Week

Posted by By 16/01/2021Posted inForex
The S&P 500 continues to trend higher within the confines of an upward channel, and as long as it stays above the lower parallel of the pattern then it remains…
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