March 2021 – Page 10 – UAG Trade Asia

Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears

March 28, 2021
Forecast
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EUR/USD is sure to bounce back at some time but for now it’s hard to see anything but further losses as the EU struggles with a third wave of Covid-19 infections and more lockdowns.

British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP Levels to Watch

The British Pound has had a stellar start to 2021 however, although the currency’s long-term technical outlook remains bullish, fading momentum could lead to a period of consolidation in the week a…

March 27, 2021
Forecast
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Gold price action was directionless last week as the precious metal was caught between tempered US Treasury yields and a surging US Dollar. Should the two forces continue, XAU/USD might stagnate.

Crude Oil Technical Outlook: Levels to Watch as OPEC+ Meeting Looms

Crude oil price outlook for the week ahead hinges largely on the upcoming OPEC+ meeting. Here are the important technical levels worth watching with potential to guide the direction of oil prices.

March 27, 2021
Forecast
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The update to the US Non-Farm Payrolls (NFP) report may keep the US Dollar afloat as employment is expected to increase for the third consecutive month.

Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Stocks are trying to remain stable, but keep an eye on the NDX as it sits in a precarious spot and could sink the broader market.

Japanese Yen Forecast: USD/JPY Rips into Resistance- Bulls Eye 110

An outside-week reversal to fresh yearly highs has USD/JPY bulls threatening major uptrend resistance. These are the levels that matter on the weekly technical chart.

March 27, 2021
Forecast
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The Australian Dollar wobbled as Chinese stock markets flirted with a correction. Further losses there remain a risk to the Aussie as Treasuries eye the next non-farm payrolls report.

Gold Price Technical Forecast: Big Break Awaits as Gold Goes Range

Gold prices went from extreme overbought last August to extreme oversold this March. But what’s around the next corner?

March 26, 2021
Uncategorized
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TOKYO, March 26 Reuters The Bank of Japan will take a more handsoff approach in bond buying operations from April under new guidelines set last week, sources familiar with its thinking said, as it seeks to breathe life back into a market made dormant by its huge presence. The new approach will be clarified in […]

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Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears

British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP Levels to Watch

Gold Weekly Price Forecast: XAU Caught Between Treasury Yields and USD

Crude Oil Technical Outlook: Levels to Watch as OPEC+ Meeting Looms

US Dollar Rally to Benefit from Upbeat Non-Farm Payrolls (NFP) Report

Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Japanese Yen Forecast: USD/JPY Rips into Resistance- Bulls Eye 110

Australian Dollar May Wobble if Chinese and Tech Stocks Keep Sinking

Gold Price Technical Forecast: Big Break Awaits as Gold Goes Range

BOJ Eyes Shift to HandsOff Approach on Bond Buying

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