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Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, AUD/CHF

Posted by By 13/01/2021Posted inForex
The Australian Dollar looks poised to outperform its haven-associated counterparts, as bullish technical setups take shape on multiple timeframes. Key levels for AUD/USD, AUD/JPY and AUD/CHF.
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Nasdaq 100 Rebounds with Falling USD. Will Hang Seng, ASX 200 Follow?

Posted by By 13/01/2021Posted inForex
Wall Street stocks closed marginally higher overnight, led by energy and material sectors. The US Dollar retreated alongside Treasury yields. Asia-Pacific markets look set to open slightly lower.
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US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields

Posted by By 13/01/2021Posted inForex
The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United…
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Silver Price Outlook: Falling Treasury Yields Support XAG/USD

Posted by By 13/01/2021Posted inForex
Following recent gains, US Treasury yields reversed lower, allowing silver prices to capitalize on a weaker US Dollar.
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Canadian Dollar Forecast: USD/CAD Recovers, Will it Reverse Lower Soon?

Posted by By 12/01/2021Posted inForex
USD/CAD has regained its footing in recent sessions, moving off of lows narrowly above 1.2600. Can the pair continue higher or will USD/CAD soon reverse lower? Technical levels may hold…
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NZD/USD Vulnerable amid Failure to Retain January Opening Range

Posted by By 12/01/2021Posted inForex
Failure to preserve the monthly opening range may lead to a larger correction in NZD/USD amid the ongoing rise in longer-dated US Treasury yields.
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Gold Price Forecast: All That Glitters is Not Gold – Levels for XAU/USD

Posted by By 12/01/2021Posted inForex
Gold prices are following US yields, and rising US yields present a fresh challenge in 2021.
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Euro Dollar Forecast: EUR/USD Stalls after Falling to Critical Support

Posted by By 12/01/2021Posted inForex
EUR/USD price action continues to trade sideways in anticipation of fundamentals
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Australian Dollar Forecast: Aussie Threatens to Snap Eight-Week Rally

Posted by By 12/01/2021Posted inForex
Australian Dollar is poised to snap an eight-week winning streak as Aussie stalls into uptrend resistance. These are the levels that matter on the AUD/USD weekly chart.
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US Dollar Price Forecast: Can USD Bulls Really Take Control?

Posted by By 12/01/2021Posted inForex
Take a snapshot while you can because the US Dollar is up so far in 2021 trade. Can buyers continue to drive through some high-impact US data?
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