British Pound Outlook Hinges On Brexit Progress Ahead Of Key Deadline
The British Pound could be at risk of a reversal lower as Brexit negotiations between the European Union and Britain fai... Read more
US Dollar Price Outlook: DXY Eyeing Yearly Lows Ahead Of FOMC Minutes
The US Dollar Index (DXY) is eyeing a test of the yearly low on vaccine progress and robust economic data ahead of the r... Read more
Russell 2000, Dow Jones To Rise On Vaccine Results, Biden Transition
The Dow Jones and Russell 2000 indices seem poised to extend gains, buoyed by coronavirus vaccine progress and the trigg... Read more
Gold Price Forecast: Gold Breaks Down To Fresh Four-Month-Lows
Gold prices broke down this morning, setting a fresh four month low. But, are buyers ready to relinquish the reins to se... Read more
DAX 30 Index Consolidating Below Key Resistance Ahead Of PMI Release
Germany’s DAX 30 index is consolidating constructively below resistance ahead of a slew of PMI releases and Chancellor... Read more
US Dollar And Japanese Yen May Rise On Fed, Treasury Sniping
The anti-risk US Dollar and Japanese Yen may turn higher as sniping between the US Treasury Department and the Federal R... Read more
S&P 500 At Risk As Tightening Restrictions Douse Vaccine Optimism
The S&P 500 index may slide lower despite a flurry of positive vaccine headlines as several US states move to tighte... Read more
USD/CAD Rates May Resume Downtrend On Positive Inflation Data
The USD/CAD exchange rate may continue to slide lower on vaccine optimism and resilient crude oil prices ahead of Canadi... Read more
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD
The US Dollar continues to grasp on to a longer-term trendline, and sellers have had ample opportunity to push for that ... Read more
EUR/USD, EUR/JPY May Slide Lower Ahead Of Euro-Area Inflation Data
EUR/USD and EUR/JPY rates may slide lower on dovish rhetoric from several members of the European Central Bank ahead of ... Read more
Gold Prices Testing Key Resistance As Vaccine Optimism Fades
Gold prices are poised to push higher on fading vaccine optimism and the potential adjustment of the Federal Reserve’s... Read more
EUR/CHF Breakout Hints At Further Gains For Germany's DAX 30 Index
The risk-gauging EUR/CHF exchange rate may be hinting at further upside for Germany’s benchmark DAX 30 index, as price... Read more
Australian Dollar Forecast: AUD/NZD May Rise On Positive Hong Kong GDP
Wall Street ended lower on the day as rising U.S. Covid cases pinged sentiment. Still, Asian economic data may boost ris... Read more
Nasdaq 100 Index Carving Out Bull Pennant Ahead Of US Inflation Data
The tech-heavy Nasdaq 100 index could be poised to break higher as prices carve out a Bull Pennant continuation pattern ... Read more
Japanese Yen: USD/JPY May Fall As Election Gives Way To Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid si... Read more