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Forex

Dow Jones, Nasdaq 100 Forecasts for the Week Ahead

Posted by By 29/12/2020Posted inForex
The Dow Jones and Nasdaq 100 have floated higher amid the holiday season as bullish sentiment remains even amid the quiet sessions. Here are the levels to watch in the…
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Euro Forecast: Bullish Breakout Attempts Starting in EUR/JPY, EUR/USD Rates

Posted by By 29/12/2020Posted inForex
EUR/JPY rates have rallied to fresh yearly highs, while EUR/USD rates are racing towards the yearly high set earlier in December.
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Market Sentiment Positive, AUD/USD, NZD/USD, EUR/USD all Firm | Webinar

Posted by By 29/12/2020Posted inForex
Trader confidence is high on the US stimulus package, the EU-UK trade deal and the coronavirus vaccine rollout, suggesting further gains for ‘risk-on’ assets.
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US Dollar Sentiment Deteriorates, CAD Flips to Bullish – COT Report

Posted by By 29/12/2020Posted inForex
US Dollar sentiment deteriorates into year-end. Canadian Dollar flips net long for first time since March.
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British Pound (GBP) Latest: GBP/USD Preparing for Future Gains

Posted by By 29/12/2020Posted inForex
GBP/USD looks to be consolidating ahead of a further push higher as traders continue to welcome the post-Brexit trade deal between the EU and the UK.
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DAX 30 Index Storms to Record Highs on Vaccine Rollout, Brexit Relief

Posted by By 29/12/2020Posted inForex
Germany’s DAX 30 index may continue to push higher on the back of the rollout of Pfizer’s Covid-19 vaccine and the agreement between the EU and UK on a Brexit…
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Indian Rupee Forecast: Will USD/INR Reverse as CPI Brings RBI Cuts in Focus?

Posted by By 29/12/2020Posted inForex
The Indian Rupee has been struggling to capitalize on a weaker US Dollar. Will lower inflation expectations change USD/INR’s trajectory? What are some risks the Nifty 50 is facing?
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Crude Oil Prices Struggle to Hold Gains as Stimulus Enthusiasm Fades

Posted by By 29/12/2020Posted inForex
Crude oil prices regained some strength as the US House of Representatives voted to raise pandemic relief payments to $2,000 from $600, raising prospects for fuel demand. Yet demand concerns…
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Natural Gas Outlook: Bears in Firm Control after Warmer Weather Forecasts

Posted by By 29/12/2020Posted inForex
Natural gas prices are on track to record the worst monthly performance since December of 2018 following warmer than expected temperature forecasts spurring a rapid selloff.
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US Dollar Price Analysis: AUD/USD, EUR/USD, NZD/USD, USD/CAD

Posted by By 29/12/2020Posted inForex
The US Dollar may continue to lose ground against its major counterparts in the near term after falling to multi-year lows. Levels to watch for AUD/USD, EUR/USD, NZD/USD, USD/CAD.
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