Commodities

Crude Oil Price Forecast: CL Snaps Back - Pullback Or Reversal?

Crude oil prices have snapped back and taken out a big level of support along the way. Is a bigger reversal brewing in o... Read more

Euro Price Outlook: EUR/USD Holds Range Amid Covid-19 Third Wave Fears

The recent resilience of the EUR/USD exchange rate may begin to fade in the face of renewed lockdown measures in Germany... Read more

Bitcoin (BTC/USD) Backs Down, Ethereum (ETH/USD) Sets Range

Crypto currencies are on their back foot, with Ethereum sticking to what's been a consistent range as Bitcoin bulls take... Read more

British Pound Forecast: Covid-19 Suppression Buoying GBP/USD, GBP/JPY

The rapid distribution of coronavirus vaccines, falling infection rates, and a cautiously optimistic Bank of England may... Read more

Canadian Dollar Outlook: USD/CAD Rebound Dicated By Retail Sales Data

Tumbling crude oil prices and a rebounding US Dollar could ignite a short-term recovery in USD/CAD rates. However, bette... Read more

Gold Price Forecast: XAU Grasps For Long-Term Fibonacci Support

Gold prices have been down since August but are not yet out, as Gold price action is clinging to the 38.2 retracement of... Read more

British Pound Price Forecast: Optimistic BoE To Buoy GBP/USD, GBP/JPY

A cautiously optimistic outlook from the Bank of England will probably pave the way for the British Pound to extend its ... Read more

US Dollar Forecast: FOMC Summary Of Economic Projections To Dictate USD

The US Dollar’s near-term trajectory will ultimately depend on whether the Federal Reserve steps-in to cap long-term r... Read more

New Zealand Dollar Outlook: NZD/USD May Rise Ahead Of FOMC, New Zealand GDP

Asia-Pacific markets may see neutral movement as investors prepare for tomorrow's binary high-impact events, with the US... Read more

Euro Forecast: EUR/USD Resilient Despite Vaccine Setback, Dovish ECB

The Euro has remained resilient in the face of worrisome news on the vaccine front and the dovish stance of the ECB, whi... Read more

USD/JPY Threatens Key Multi-Month High, BOJ's Kuroda Speech Eyed

Liquidity concerns in China outweighed economic data surprises to drive the CSI 300 lower. Meanwhile, traders are focuse... Read more

Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD

The Canadian Dollar has been a raging bull as Oil prices have continued to bring bulls to the bid with all of USD/CAD, C... Read more

Canadian Dollar Forecast: BoC Tapering Bets To Buoy CAD Against JPY, USD, EUR

A flurry of better-than-expected economic data may intensify Bank of Canada tapering bets and open the door for the Cana... Read more

Australian Dollar Outlook: Iron Ore May Pull AUD/USD Higher If Chinese Data Impresses

The Australian Dollar may see an influx of strength if iron ore prices rise on better-than-expected Chinese economic dat... Read more

Euro, DAX 30 Forecast: ECB Rate Decision To Dictate Near-Term Trajectory

The European Central Bank’s upcoming interest rate decision may clear a path for the Euro to gain ground against its m... Read more