Canadian Dollar Price Forecast: USD/CAD Reverses - Did Loonie Bottom?
USD/CAD is putting in an aggressive reversal after testing the 1.2800 level. Did USD/CAD just top as the Loonie bottomed... Read more
Gold Price Forecast: GLD Rally Cut Short, Confluent Support Holds The Low
Gold prices put in a nasty month of June but a very strong first half of July. After building an evening star last week,... Read more
New Zealand Dollar Swoons In Risk-Off Trade. Will Markets Steady?
The New Zealand Dollar is flirting with a breakdown amid a dour day for Asia-Pacific markets. Traders may now look to th... Read more
Japanese Yen Forecast: USD/JPY Falls With Treasury Yields On Haven Flows
A breakdown in market sentiment sent haven flows into the Japanese Yen along with Treasuries as a new wave of Covid caus... Read more
AUD/USD Under Fire As Australian Lockdowns Ramp Up, Risk Trends In Focus
The Australian Dollar faces a deteriorating economic backdrop as Covid-induced lockdowns across its home country ramp up... Read more
New Zealand Dollar Forecast: NZD/USD Surges On Red Hot Q2 CPI Print
The New Zealand Dollar gained against the US Dollar and its other peers after a red hot Q2 CPI print, confirming the RBN... Read more
USD, JPY Strengthen As Bitcoin Threatens A Break - Did Oil Just Top?
It was an abnormally busy summer Thursday but signals are continuing to stack up that a big move may be afoot. Today we ... Read more
US Dollar Faces Day Two Of Powell Testimony. Will It Hold Up?
The US Dollar was notably resilient despite what the markets saw as dovish rhetoric from Fed Chair Jerome Powell. Will i... Read more
US Dollar May Extend Upward As Powell Reiterates Policy Pivot
The US Dollar may continue to push higher, building on gains scored after June’s sizzling CPI data, as Fed Chair Jerom... Read more
US Dollar May Resume Rise As CPI Data Drives Fed Policy Bets
The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timel... Read more
Gold Price Forecast: Gold Gears Up For Big Test With Inflation, Powell
Gold prices put in their worst month in over four years in June, and tomorrow brings inflation data with Powell speaking... Read more
Yen Rallies On Rates Theme: USD/JPY, EUR/JPY, GBP/JPY
We're in the summer and ranges are common, but the Yen may be threatening a larger reversal as US rates continue to fall... Read more
US Dollar May Score Key Break Vs. Aussie As Market Mood Sours
The US Dollar may score a key breakout against its Australian namesake as China clamps down on tech firms and the Fed fr... Read more
Oil Price Forecast: Crude Catches Resistance Near Six-Year-Highs
Crude oil has been bid up to fresh highs and buyers are threatening another breakout, with prices testing a key zone on ... Read more
Euro May Fall Vs. US Dollar As FOMC Minutes Drive Fed Outlook
The Euro may fall against the US Dollar as minutes from June’s FOMC meeting reinforce bearish technical positioning af... Read more