Short USD/JPY, Long USD/CNH: Q2 Top Trading Opportunities

4 April 20214 April 2021

It was a bizarre beginning to a New Year for the US Dollar, but given 2020 I’m not sure how surprising it should be. Continue...

Read Time:20 Second

USD/CHF Amid Yield Differentials: Q2 Top Trading Opportunities

The Franc’s struggle is likely due to rising bond yields in the United States relative to Switzerland, and may continue throughout the second quarter as...

Read Time:15 Second

Short AUD/USD, AUD/JPY: Q2 Top Trading Opportunities

With a head-and-shoulders formation and the establishment of a downward trend in RSI, traders should be mindful. Continue Reading:... Search Web: Short AUD/USD, AUD/JPY: Q2...

Read Time:17 Second

USD Recovery and Resistance Hurdles: Q2 Top Trading Opportunities

Look for topside exhaustion early in the quarter to give way to larger pullback - losses should be limited by 91 IF price is indeed...

Read Time:21 Second

USD/JPY Breakout Potential: Q2 Top Trading Opportunities

USD/JPY is on my radar as a breakout candidate after several years of narrowing price action. The price action in Q1 was some of the...

Read Time:20 Second

USD/CNH as Reflation Hopes Build: Q2 Top Trading Opportunities

While USD/CNH has rebounded from a two-and-half year low, the Federal Reserve’s dovish-tilted policy guidance and the PBOC’s neutral stance suggest that the currency pair...

Read Time:17 Second

USD Q2 2021 Fundamental Forecast

2 April 20214 April 2021

Through the opening quarter of 2021, there were significant changes in focus from an incredible charge in retail appetite to anticipation for reopening economies after...

Read Time:18 Second

March ISM Manufacturing PMI Hits Highest Level Since 1983, USD Rotates Higher

The ISM Manufacturing PMI for March rose to its highest level since 1983, showing strong activity from the manufacturing sector as the economic recovery continues....

Read Time:16 Second

USD/CAD Price: Waiting on OPEC+ for Further Guidance

USD/CAD is stuck in the middle of a four-month range and will look to the latest OPEC+ meeting for guidance. Continue Reading:... Search Web: USD/CAD...

Read Time:16 Second

Australian Dollar Forecast: Key AUD/USD, AUD/NZD Levels to Watch

Modest bounce from 2021 low for AUD/USD, while month/quarter end flows look set to drive G10 FX. Continue Reading:... Search Web: Australian Dollar Forecast: Key...

Read Time:21 Second

Gold Prices Rebound on Weaker USD, Crude Oil Holds Breath for OPEC+ Meeting

Gold prices returned to above $1,700 from a key support level as the DXY US Dollar index retreated form a four-month high. Oil traders are...

Read Time:20 Second

AUD/USD Pressured as Treasury Selloff Forecasts Stronger USD, Trade Data Eyed

AUD/USD is clinging to a vital support level after a rise in US Treasury yields bolstered the case for a stronger USD. Traders are eyeing...

Read Time:12 Second

Bitcoin (BTC/USD) Poised for Fresh Highs or Major Reversal?

Bitcoin prices continue to edge higher despite regulatory controversy Continue Reading:... Search Web: Bitcoin (BTC/USD) Poised for Fresh Highs or Major Reversal? [siteorigin_widget class="WP_Widget_Recent_Posts"][/siteorigin_widget] [siteorigin_widget...

Read Time:19 Second

USD/JPY Rally Eyes March High as RSI Sits in Overbought Territory

USD/JPY appears to be on track to test the March 2020 high (111.72) as the Relative Strength Index (RSI) holds above 70 and sits in...

Read Time:19 Second

USD/ZAR Outlook: Rand Resilient Despite Revealing Quarterly Bulletin

South African Rand remains robust as global factors continue to command influence over the minor pair. Key economic updates are high on the agenda this...

Read Time:17 Second

Bitcoin (BTC/USD) & Ethereum (ETH/USD) Momentum Suggests New All-Time Highs Are Near

The cryptocurrency market continues to push higher with market heavyweight Bitcoin within touching distance of a new record high Continue Reading:... Search Web: Bitcoin (BTC/USD)...

Read Time:18 Second

Chinese Yuan Forecast: USD/CNH May Fall After Strong PMI Figures

USD/CNH may fall after Chinese PMI figures show economic activity remains strong in China, but safe-have USD bids may outweigh the upbeat data. Continue Reading:......

Read Time:18 Second

Australian Dollar Forecast: AUD/USD Eyes Biden Speech, Economic Data

AUD/USD is trading against the neckline of a Head and Shoulders pattern and is likely set to see movement on today's PMI release from China....

Read Time:20 Second

USD/CAD to Track Monthly Range Amid Failure to Hold Above 50-Day SMA

30 March 20214 April 2021