Commodities

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

US Dollar Price Outlook: USD Recovery Hinges On Upcoming Inflation Print

The near-term trajectory of the US Dollar hinges on inflation figures for the month of February and the total demand for... Read more

Gold Price Forecast: Gold Jumps, Bear Market Bounce Or Something More?

Gold has lost as much as 14.41% so far in 2021, is it finally nearing a turn? Or is this a mere pullback/pause in a bigg... Read more

Euro Price Forecast: EUR/USD Perched Atop 200-MA With ECB In Focus

The divergent monetary policy outlooks of the European Central Bank and Federal Reserve may continue to drive the EUR/US... Read more

Mexican Peso Price Forecast: USD/MXN Breakout To Fibonacci Resistance

It's been a counter-trend type of year so far for USD/MXN. But with a key Fibonacci level coming into play following a f... Read more