Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher
Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.
Gold Price Forecast: (XAU) Gold Grounded as Bitcoin Shoots to the Moon
Gold bulls just got grounded this week while Bitcoin flew to the moon. Do we have a new safe-haven taking the crown, or a mere pause in a bigger picture…
Euro Forecast: Reversals Test Bulls' Fortitude – Levels in EUR/JPY & EUR/USD Rates
EUR/USD rates have crashed through multiple short-term technical support levels, while EUR/JPY rates are beginning to exhibit similar behavior.
South African Rand Price Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Setups
Rand Falters Amid Dismal Economic Outlook and a Potent Second Wave
USD/CAD Rates to Watch Following Canada Employment Report
Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.
Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling
Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.
Silver (XAG/USD) Snaps Back From Resistance Post-NFP
Silver prices pull back following this morning’s NFP report
Gold Price Outlook: Gold Breakout Rejected – XAU/USD Bulls Beware
Gold surged 3.2% into the 2021 open before reversing sharply with price set to close lower on the week. Here are the levels that matter on the XAU/USD technical charts.
Stock Market Forecast: Three Stocks to Watch in the Week Ahead
A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.
US Dollar, S&P 500, US Rates Whipsaw After Mixed NFP Report
A weaker than expected NFP headline with job losses at 140k, against expectations of a 71k jobs increase.