Canadian Dollar Forecast: USD/CAD Probing Resistance With Jobs Data On Tap
The Canadian Dollar is at risk of losing further ground against its US counterpart if upcoming employment data disappoin... Read more
AUD/USD May Track Higher Following Housing Data, RBAs Financial Stability Review
AUD/USD is approaching trendline resistance after moving higher from the neckline of a Head and Shoulders pattern. Today... Read more
Bitcoin (BTC/USD) Bull Flag, Ethereum (ETH/USD) Bumps Back Above 2k
Bitcoin continues to coil, taking on the form of a bull flag; but Ethereum (ETH/USD) may actually have a stronger bull c... Read more
FTSE 100 Poised To Extend Gains Despite AstraZeneca Vaccine Concerns
The UK benchmark FTSE 100 may shrug aside concerns regarding the AstraZeneca coronavirus vaccine and push to fresh post-... Read more
NZD/USD May Lift On Travel Bubble But Technical Signal Shows Short-term Pullback
The New Zealand Dollar is moving lower within a Falling Wedge pattern against the US Dollar. A travel bubble between New... Read more
Dow Jones, Nasdaq Forecast: Equities May Extend Gains On Falling Treasury Yields
Disappointing wage growth figures and the prospect of a smaller-than-expected infrastructure spending package may cool i... Read more
AUD/NZD Aims Higher As Australian Dollar Eyes RBA Financial Stability Review
AUD/NZD is moving slightly higher after Tuesday's RBA rate decision, guided by a supportive moving average. Meanwhile, m... Read more
Bitcoin (BTC/USD) Pulls Back, Remains Bullish With Breakout Potential
Bitcoin bulls bid the crypto-currency right back up to that 60k handle. That remains as resistance, at least for now. Read more
US Dollar Forecast: Jobs Figures, Vaccine Divergence To Drive USD Higher
The divergent handling of the coronavirus pandemic, and the wait-and-see stance of the Federal Reserve, may open the doo... Read more
Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom
Gold prices have given up as much as 14.4% in early 2021 trade, continuing the theme of Gold weakness from the August hi... Read more
DAX 30 Index Could Pullback On Recovery Fund Delay, AstraZeneca Shot Ban
The German DAX 30 index may lose ground in the near term on the back of the delayed ratification of the EU Recovery Fund... Read more
Canadian Dollar Forecast: Hawkish BoC, Vaccine Divergence To Underpin CAD
The Canadian Dollar may extend gains against the Euro and Japanese Yen on the back of resilient oil prices, a hawkish sh... Read more
Euro Price Outlook: Delayed Ratification Of Recovery Fund To Weigh On EUR
The delayed ratification of the EU recovery fund, and increased pace of bond-buying by the European Central Bank, may le... Read more
Dow Jones, Nasdaq 100 Hampered By Tax-Hike Talks, Archegos Block Sales
The forced liquidation of billions of dollars’ worth of US shares, and talk of tax hikes from the Biden administration... Read more
Canadian Dollar Forecast: US Inflation Data To Trigger USD/CAD Downtrend?
The Canadian Dollar may resume its period of dominance against the US Dollar in the near term on the back of the BoC’s... Read more