Gold Price Forecast: Gold Bulls Make a Push from Neckline Support
Gold found support at a double-bottom neckline and has since rallied by more than $60 off of the lows.
AUD/USD Hits Fresh Multi-Month Low as Delta Variant Worries Accelerate
The Australian Dollar extended its fall against the US Dollar as the Covid Delta variant weighed against the chance for a clean economic recovery.
Gold Price Forecast: Is the Bullish Trend Dead and Done?
Gold prices just finished their worst month since November of 2016, and after that instance, the FOMC hiked rates eight times over the next two years. Are Gold bears telling us something?
New Zealand Dollar Forecast: Covid Resurgence Puts Sentiment to Test
The New Zealand Dollar is trading largely unchanged as traders evaluate the growing risks posed by the quickly spreading Delta Covid variant.
Mexican Peso Short-Term Outlook Hinges on NFP Data, Levels to Watch in USD/MXN
USD/MXN volatility could rise in the coming days with the NFP report on tap for Friday. Strong employment data could boost the dollar, while a soft print is likely to benefit the Mexican peso.
Canadian Dollar Forecast: USD/CAD Bounce from Key Zone – Loonie Levels
USD/CAD has started to show characteristics of a short-term bullish trend, reversing a 14-month sell-off in the pair. Can bulls drive into 1.2500?
US Dollar May Rise if ADP Jobs Data Supports Hawkish Fed Pivot
The US Dollar may extend higher if the ADP gauge of private-sector US jobs growth underpins a cautiously hawkish Fed monetary policy pivot.
Australian Dollar Outlook: Delta Variant Weighs on Outlook, Chinese PMIs on Tap
The Australian Dollar moved lower against the Greenback overnight as investors become increasingly concerned over the spread of the highly transmissible Delta Covid variant. AUD/USD is eyeing Chine…
Bitcoin (BTC/USD), Ethereum (ETH/USD) Take on Tone of Recovery
Crypto markets are recovering from last week’s breakdown move, with both Bitcoin and Ethereum putting in short-term higher-highs and lows.
Australian Dollar Outlook: Lockdowns Straining AUD’s Path, RBA Outlook
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Philip Lowe is eyed.