US Dollar Outlook: DXY Forms Head And Shoulders Pattern Ahead Of FOMC
The US Dollar Index (DXY) is at risk of extending its recent slide lower as prices carve out a bearish Head and Shoulder... Read more
AUD/USD May Rise If Australian Inflation Data Impresses, FOMC In Focus
Wall Street took a step back on concerns over future fiscal relief, led by small-cap stocks. Meanwhile, the Australian D... Read more
Gold Price Forecast: XAU/USD Resistance Bound Ahead Of The Fed
Gold prices are going on six months of digestion now as markets like Bitcoin or Gamestop have went ballistic. Will the F... Read more
Yen, Dollar May Extend Rise As Stocks Fall After China Drains Liquidity
The anti-risk Yen and US Dollar rose while stocks swooned in Asia-Pacific trade as China pulled close to US$12 billion f... Read more
Mexican Peso Price Forecast: USD/MXN Above 20.00 As Bulls Break Out
USD/MXN is breaking out to the upside to resolve a short-term falling wedge. But there's a longer-term wedge that remain... Read more
DAX 30 Outlook: Eyeing Yearly High With Business Climate Data In Focus
Germany’s benchmark DAX 30 index may continue pushing higher, despite diminishing growth forecasts for 2021, as the nu... Read more
US Dollar Outlook: DXY Eyeing Yearly Lows On Biden Fiscal Stimulus Bets
Accommodative monetary policy conditions and the prospect of additional deficit spending under a Biden administration ma... Read more
EUR/USD Hovering Above Support As ECB Rate Decision Shifts Into View
EUR/USD rates may gain ground in the coming days if the European Central Bank opts to keep its monetary policy setting s... Read more
S&P 500 Index Outlook: Yellen's Calls For Fiscal Support To Buoy SPX
The S&P 500 index looks set to continue it s climb to fresh all time highs on the back of Treasury Secretary nominee... Read more
British Pound Outlook: GBP May Rise As Covid-19 Cases Begin To Fall
The British Pound could gain ground against the haven-associated Japanese Yen and US Dollar as the number of daily coron... Read more
Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead Of BoC
The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tighte... Read more
Nasdaq 100 Weighed Down By Tax Hike Fears As Biden Unveils Relief Plan
The tech-heavy Nasdaq 100 index may continue to slide lower in the near term, weighed down by the notable climb in bond ... Read more
DAX 30 Poised To Extend Climb Despite Threat Of Extended Restrictions
Germany’s benchmark DAX 30 index may continue pushing higher in the near term, despite the threat of elongated lockdow... Read more
Bitcoin (BTC) Builds For The Next Big Break, BTC/USD Levels
Is Bitcoin a bubble in process of bursting, or is this a simple pullback on the way to fresh higher-highs? Read more
US Dollar May Resume Slide As Yields Turn Lower On Strong Treasury Demand
Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is ... Read more