Bitcoin (BTC), Ethereum (ETH) Slump Going Into a Potentially Volatile Weekend
The cryptocurrency is a sea of red again and has given back nearly all of this week’s mini-rebound. Weekend volatility could see more losses.
USD/CAD Technical Forecast: Pullback in Danger of Becoming a Reversal
USD/CAD retraced a big chunk of the Fed sparked rally; next week we may find out whether the pullback becomes a full reversal or not.
Australian Dollar Outlook: AUD/USD, S&P 500, Chinese Stocks Rise. Fedspeak, NFPs Eyed
The Australian Dollar recovered with the S&P 500 and Shanghai Composite. Was it another overreaction to the Fed? AUD/USD turns to RBA Governor Philip Lowe, Fedspeak and US NFPs next.
Gold Price Forecast: XAU Builds into Range After Fed-Fueled Fire Sale
A rather clean and consistent range appeared in Gold prices this week after the massive sell-off that showed up in the first few weeks of June.
GBP/USD Weekly Forecast: Awaiting US NFP to Dictate GBP/USD Outlook
GBP/USD bulls caught out by wait and see BoE, while 1.4000 caps GBP rallies.
Midyear outlook: Gulf, South Africa financials
Gulf and South African financials’ 2H earnings prospects have been boosted by Covid-19 vaccine rollouts, but our analysis nevertheless shows divergent outcomes across the region.
Gold Price Outlook: XAU/USD Looking to Trend Support Just Below
Gold hasn’t found much sponsorship since plunging post Fed meeting, looking to a rising line of support from 2019 as the next test.
Cash flow of world’s oil drillers heads for record $348 billion
The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near $150 a barrel more than a decade ago, according to Rystad Energy.
New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?
New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.
Australian Dollar Technical Analysis: Ranges Persisting; Flags Forming? Setups in AUD/JPY, AUD/USD
Both AUD/JPY and AUD/USD have traded sideways to lower in recent weeks. Are the sideways consolidations topping patterns or flags?