Greenback Outperforms The Loonie For The First Time This week
The USD/CAD pair is trading in the positive region for the first time this week as the greenback recovers but could face tough competition from...
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/10/15/US-Dollar-Price-Action-Setups-EURUSD-GBPUSD-USDJPY-USDCAD.html The US Dollar has pulled back to test support at prior resistance, and next week...
USD/JPY Weekly Price Forecast – US Dollar Skyrocketed Against Japanese Yen
The US dollar has skyrocketed against the Japanese yen during the course of the week, going absolutely parabolic. At this point, a pullback is desperately...
GBP/USD Weekly Price Forecast – British Pound Breaks Barrier to the Upside
The British pound has broken higher during the course of the trading week, clearing the 1.37 handle. By doing so, the market looks as if...
EUR/USD Weekly Price Forecast – Euro Just Under 200 Week EMA
The Euro has gone back and forth during the course of the week showing even more confusion in this general vicinity. It looks as if...
GBP/JPY Weekly Price Forecast – British Pound Skyrockets Against Japanese Yen
The British pound has skyrocketed against the Japanese yen during the course of the week, making a fresh, new high. Because of this, it looks...
AUD/USD Weekly Price Forecast – Australian Dollar Reaches Towards 50 Week EMA
The Australian dollar has rallied significantly during the course of the trading week to reach towards the 50 week EMA. At this point, the market...
Michigan’s Consumer Sentiment Data Disappoints, DXY Largely Unchanged
Michigan’s Consumer Sentiment Data Disappoints, DXY Largely Unchanged https://www.dailyfx.com/forex/market_alert/2021/10/15/Michigans-Consumer-Sentiment-Data-Disappoints-DXY-Largely-Unchanged-RS.html The preliminary data for the University of Michigan’s consumer confidence survey missed expectations
Inflation Has Already Peaked. Has Gold Peaked Too?
Inflation reached its peak in June, but it doesn’t mean it will go away. The more persistent it is, the higher the odds of a...
Beware, Gold Bulls — That’s the Beginning of the End
Strong words, I know. Can I back them up? Well, what we see now – looking at various markets – does indeed look like the...
Gold Price Flag Suggests A Big Rally May Start Soon
In my opinion, I believe Gold will attempt to settle between $1700 and $1860 over the next 4+ weeks as we move closer to the...
China GDP, Bitcoin (BTC) & S&P 500 INDEX (SPX) – FinTwit Trends to Watch
China GDP, Bitcoin (BTC) & S&P 500 INDEX (SPX) – FinTwit Trends to Watch https://www.dailyfx.com/forex/market_alert/2021/10/15/China-GDP-Bitcoin-BTC-SP-500-INDEX-SPX-FinTwit-Trends-to-Watch-WV.html Fintwit is alive this week as Bitcoin hits $60000, U.S....
Ethereum Catalysts on the Rise as Bulls Keep Control
The Ethereum price is inching closer to its all-time high.
Aussie Loses Steam, Risks The AUD/USD Pair Dropping Below 0.7400
The AUD/USD pair could drop below the 0.7400 psychological level as the Aussie loses steam and the greenback starts recovering.
USD/JPY Price Forecast – US Dollar Continues Parabolic Run Against The Yen
The US dollar has rallied during the course of the trading session on Friday to break above the ¥114 level rather significantly and it is...
GBP/USD Price Forecast – British Pound Continues to Power Higher
The British pound has broken higher again during the trading session on Friday, breaking the top of the shooting star from Thursday.
GBP/JPY Price Forecast – Sooner or Later, Gravity Will Return
The British pound has shot straight up in the air again during the trading session on Friday, as we continue to go completely parabolic. Having...
EUR/USD Price Forecast – Euro Continues to Struggle in The Same Area
The Euro has rallied a bit during the course of the trading session on Friday but gave up gains above the 1.16 level yet again.
AUD/USD Price Forecast – Aussie Dollar Fighting 200 Day EMA
The Australian dollar has rallied a bit during the trading session on Friday to reach towards the 200 day EMA yet again. By doing so,...
EUR/USD Trading Around1.1600 As The Dollar Rebounds With Yields
The EUR/USD pair is battling around the 1.1600 level as the greenback recovers following the rebound of the US Treasury yields over the past few...
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