Gold Price Outlook: XAU Overbought As Cycles Drive The Bullish Trend
Gold prices remain perched near seven-year-highs but long-term overbought readings may hinder short-term bullish continu... Read more
USD May Rise On Virus-Hit Q1 GDP Data & Jobless Claims Report
The US Dollar may catch a haven bid if secondary Q1 GDP data and jobless claims statistics rattle markets and puts a pre... Read more
Dow Rallies As Nasdaq 100 Drops - Swapping Trends Or Topping Out?
For the past two months the Nasdaq 100 has handily outperformed the Dow but so far this week the script has flipped. Read more
EU To Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking
The EU Commission will unveil its proposal for a regional recovery fund to counter economic pain amid the coronavirus ou... Read more
Euro Outlook Appears Bearish Ahead Of German IFO Data
The Euro may suffer versus its G10 counterparts after German IFO data is released as the region wrestles with the recess... Read more
Euro Eyes ECB Minutes As GBP Braces For Brexit Woes Ahead
Euro traders will be closely watching the release of the ECB meeting minutes amid tension with the German high court. GB... Read more
British Pound Price Outlook: GBP/USD Bounces - Will Sellers Respond?
Last week ended with fear in the British Pound but this week has been noticeably more upbeat, even with the talk of poss... Read more
EUR/GBP Chart Setup Ahead Of ECB Minutes, UK PMI Data
The Euro and British Pound may see higher-than-usual volatility ahead of the release of UK PMI data and ECB meeting minu... Read more
Crude Oil Price Breakout Eyed, Will The Canadian Dollar Rally?
Crude oil prices broke to the upside, hitting a 10-week high. Will the Canadian Dollar move higher? Markets shrugged off... Read more
EUR/USD Outlook Bearish Ahead Of FOMC Minutes, Eurozone Data
The Euro may face heightened liquidation pressure ahead of the release of key Eurozone economic data while the US Dollar... Read more
New Zealand Dollar Stalls? Dow Jones Turns, Stat Flaks Moderna Vaccine
The New Zealand Dollar may be stalling after Stat criticized Moderna’s virus drug trial, reversing most gains in the D... Read more
Nasdaq Surge Continues As S&P 500 Lags; FOMC As The Driver
It's not often that one might have a valid complaint against a 36.8% rally in less than two months, but that may be the ... Read more
US Dollar, Yen May Rebound As Powell And Mnuchin Testify
The US Dollar and Japanese Yen may rebound as sobering Congressional testimony from Fed Chair Powell and Treasury Secret... Read more
Yen Sinks, Dow Jones Rips On Moderna Virus Drug Trial. USD/JPY May Rise
The Japanese Yen slumped as Moderna’s coronavirus vaccine trial sent the Dow Jones to its best day in almost 6 weeks. ... Read more
Gold Price Outlook: GLD Fresh High As Powell Says FOMC Has 'No Limit'
Gold prices set another fresh seven-year-high after this week's open, and with a loose and passive FOMC, there may be mo... Read more