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Copper May Rise on US Stimulus Deal, Chinese Industrial Profits in Focus

Posted by By 21/12/2020Posted inForex
Copper prices remain near recent 7-year highs as Congress nears a $900 billion Covid relief package. China's industrial profits move into focus for the red metal's path forward.
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Nasdaq 100, Tesla and Bitcoin Carry Hopes while GBPUSD, GBPJPY Suit Conditions

Posted by By 21/12/2020Posted inForex
We are heading into the final two trading weeks of the year with liquidity expected to quickly dwindle. Yet with the Nasdaq 100, Tesla, Bitcoin and EURUSD pushing highs amid…
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Precious Metals Price Analysis: Gold and Silver to Extend Climb Higher

Posted by By 21/12/2020Posted inForex
Gold and silver look set to extend recent gains as bullish technical setups begin to take shape across multiple timeframes. Key levels to watch for both precious metals.
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US Dollar and Yen Up, British Pound Down as New Virus Strain Hits London

Posted by By 21/12/2020Posted inForex
The anti-risk US Dollar and Japanese Yen rose while the British Pound fell as a new strain of the coronavirus forced London into lockdown. US negotiators agreed on a fiscal…
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Stock Market 1Q 2021 Forecast: Equity Markets to Enjoy Continued Economic Recovery, Loose Monetary Policy

Posted by By 20/12/2020Posted inForex
Equity markets look to enter 2021 near record levels despite soaring coronavirus cases and sweeping lockdowns. Can stocks push higher with the help of a vaccine and government stimulus?
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Oil 1Q 2021 Forecast: Positive Momentum Heading Into the New Year

Posted by By 20/12/2020Posted inForex
As 2020 draws to a close, crude oil price nears a key resistance in its attempt to recover from the coronavirus pandemic
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Gold 1Q 2021 Forecast: Gold Outlook Bullish Headed into First Quarter, with Caveats

Posted by By 20/12/2020Posted inForex
While the 1Q’21 gold price outlook is bullish, there are some caveats – mainly, that gold may not be the best performing metal, precious or otherwise.
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Australian Dollar 1Q Forecast: Aussie Breakout Risks Exhaustion High

Posted by By 20/12/2020Posted inForex
Australian Dollar rips through multi-year trend resistance – can the rally continue into 2021? These are the levels that matter on the AUD/USD technical chart into 1Q.
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Japanese Yen Fundamental Forecast 1Q 2021: a Haven When Few Want it

Posted by By 20/12/2020Posted inForex
The anti-risk Japanese Yen is vulnerable heading into the first quarter as global stimulus continues to cool market volatility, boosting stocks. What are risks that may end up boosting JPY?
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Sterling Q1 2021 Forecast: GBP/USD Closing a Tumultous Year on the Front Foot

Posted by By 20/12/2020Posted inForex
Sterling’s technical analysis has played second fiddle to overarching fundamentals in the past year, but that may change in the first quarter of 2021.
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