Bitcoin (BTC/USD) Bull Flag, Ethereum (ETH/USD) Bumps Back Above 2k
Bitcoin continues to coil, taking on the form of a bull flag; but Ethereum (ETH/USD) may actually have a stronger bull case near-term.
FTSE 100 Poised to Extend Gains Despite AstraZeneca Vaccine Concerns
The UK benchmark FTSE 100 may shrug aside concerns regarding the AstraZeneca coronavirus vaccine and push to fresh post-crisis highs, on the back of swelling optimism as Britain progresses to the n…
NZD/USD May Lift on Travel Bubble but Technical Signal Shows Short-term Pullback
The New Zealand Dollar is moving lower within a Falling Wedge pattern against the US Dollar. A travel bubble between New Zealand and Australia may help bolster the two neighboring nations’ economic…
Dow Jones, Nasdaq Forecast: Equities May Extend Gains on Falling Treasury Yields
Disappointing wage growth figures and the prospect of a smaller-than-expected infrastructure spending package may cool inflation fears, tame the rise in long-term Treasury yields and in turn pave t…
AUD/NZD Aims Higher as Australian Dollar Eyes RBA Financial Stability Review
AUD/NZD is moving slightly higher after Tuesday’s RBA rate decision, guided by a supportive moving average. Meanwhile, markets are digesting the IMF’s most recent WEO update.
Bitcoin (BTC/USD) Pulls Back, Remains Bullish with Breakout Potential
Bitcoin bulls bid the crypto-currency right back up to that 60k handle. That remains as resistance, at least for now.
US Dollar Forecast: Jobs Figures, Vaccine Divergence to Drive USD Higher
The divergent handling of the coronavirus pandemic, and the wait-and-see stance of the Federal Reserve, may open the door for the US Dollar to continue driving higher against the Euro.
New Zealand Dollar Forecast: NZD/USD May Move Higher as Economic Optimism Grows
NZD/USD is recapturing some of its losses from March as traders grow more optimistic about the economic recovery following solid US data prints.
Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom
Gold prices have given up as much as 14.4% in early 2021 trade, continuing the theme of Gold weakness from the August high. Is that course set to change?
S&P 500 Forecast: Fresh All-Time High May Set Narrative for Q2 Trading
The S&P 500 broke above resistance to kick the second quarter off before the extended Easter weekend. Will the bullish move set the narrative for the remainder of the second quarter?