Commodities

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

Bitcoin Blindsided By Ban Warning From Dalio, BTC Near Key Support

BTC posed an aggressive pullback after Ray Dalio mentioned the elephant in the room. But Bitcoin bulls are nearing a big... Read more

Dow Jones, Russell 2000 Probing Key Support As Reopening Trade Unwinds

The unwinding of the reopening trade in the face of a wave of fresh lockdowns and rising cases in Europe has weighed on ... Read more

US Dollar To Four-Month-Highs: EUR/USD, USD/CAD

The US Dollar has set a fresh four-month-high, even with rates softening as the Fed has sought to soothe some nerves ove... Read more

US Dollar (DXY) Price Forecast: Demand For Havens To Fuel USD Rebound

The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent day... Read more