New Zealand Dollar Forecast: The Flying Kiwi? – Setups for NZD/JPY, NZD/USD
NZD/USD rates have slipped below their pandemic uptrend, while NZD/JPY rates continue to point higher. Is the Kiwi taking flight or grounded?
US Dollar Outlook: USD Rally Stalls Ahead of FOMC- DXY Levels
The Dollar snapped a two-week winning streak after faltering at technical resistance- all eyes on FOMC. Here are the levels that matter on the DXY technical charts.
Gold Price Trading at a Critical Level of Support; XAU Hold or Fold?
Gold weakness continues, and is doing so at an important level of support; watch how price action plays out here.
Bitcoin IG Client Sentiment: Our data shows traders are now at their least net-long Bitcoin since Jan 02 when Bitcoin traded near 32,175.37.
Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders rema…
France 40 IG Client Sentiment: Our data shows traders are now at their least net-long France 40 since Nov 11 when France 40 traded near 5,439.70.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian trading bias.
Gold Price Forecast: Gold Plunge Halted at Support- Bulls Face FOMC
Gold is poised to snap a three-week losing streak after rebounding off technical support- All eyes on FOMC. These are the levels that matter on the XAU/USD weekly chart.
Crude Oil Forecast – Keep an Eye on Channel as Correction Risk Rises
WTI crude oil is firmly heading higher but has a big level of resistance in its way and may soon be in correction mode.
Silver Technical Analysis – Important Test of Previously Broken 1-yr Trend-line
Silver broke the trend-line dating back to last March and is currently testing it; watch how price action plays out here.
Japanese Yen Technical Outlook: USD/JPY, NZD/JPY, CHF/JPY Chart Setups
The Japanese Yen is facing several key technical areas that may offer actionable trade levels against the US Dollar, New Zealand Kiwi and Swiss Franc.
US Dollar Reversal at Pivotal Point? USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar seems to be at a pivotal point against ASEAN currencies as USD/SGD, USD/THB, USD/IDR and USD/PHP face 200-day Moving Averages after prices recently reversed higher.