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Bitcoin, S&P 500, Gold Outlook: How Can Short Bets Drive Prices into 2021?

Posted by By 24/12/2020Posted inForex
Retail positioning is hinting that Bitcoin and the S&P 500 could extend gains as short bets accumulate. Gold is looking vulnerable however based on recent changes in exposure.
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AUD/USD, AUD/NZD Struggle on Technical Themes as Traders Eye Holiday Break

Posted by By 24/12/2020Posted inForex
The Australian Dollar is taking a break from its longer-term bullish theme with AUD/USD and AUD/NZD struggling against technical levels. Meanwhile, Wall Street trading was mixed as recent economic ...
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USD Price Outlook: US Dollar Back on Defense as Brexit Weighs

Posted by By 23/12/2020Posted inForex
The US Dollar gravitated lower during Wednesday's trading session on the heels of GBP/USD price action surging in response to rumors that a Brexit trade deal has been reached.
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Brexit Latest: British Pound Rallies as EU-UK Agreement Nears – Levels for GBP/JPY, GBP/USD

Posted by By 23/12/2020Posted inForex
Over the past few hours, reports have emerged that the EU and UK have agreed to a framework for a Brexit deal.
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Gold Price Forecast: Downtrend Remains, but Looks like a Bull Flag – Levels for XAU/USD

Posted by By 23/12/2020Posted inForex
Gold prices remain in their multi-month downtrend, but budding bullish momentum on the daily timeframe necessitates other considerations.
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US Dollar Price Action into 2021: EUR/USD, GBP/USD, USD/JPY

Posted by By 23/12/2020Posted inForex
It was a putrid period for the US Dollar from the March highs into December. Is there any hope remaining for USD bulls in 2021?
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Canadian Dollar Forecast: Reversals Cause for Concern in CAD/JPY, USD/CAD Rates?

Posted by By 23/12/2020Posted inForex
The Canadian Dollar has been a top performing major currency since the end of March. Do recent losses mean the bull run is over?
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How to Learn Technical Analysis with DailyFX

Posted by By 23/12/2020Posted inForex
Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...
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Natural Gas: EIA Weekly Natural Gas Storage Report Preview

Posted by By 23/12/2020Posted inForex
stimates suggest that the December 23rd EIA figures will reflect a further reduction in underground natural gas storage, which may buoy prices in the short term
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Brexit Latest: GBP/USD Jumps on Talk of a Brexit Deal Emerging

Posted by By 23/12/2020Posted inForex
GBP lifted as speculation rises over a potential Brexit deal, however, eyes are focussed on official confirmation.
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