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Australian Dollar Fundamental Forecast: Bearish Australian Dollar slowed its broader descent but remains vulnerableDovish RBA, surging Covid cases, Beijing crackdowns threaten AUDSofter US non-farm payrolls data may offer upside relief … Read More
GBP/USD drops further to 1.3890, but secures weekly gains Dollar gains momentum late on Friday and trims weekly losses. Cable heads for biggest weekly gain since May. Next week’s key … Read More
Forex news for North American traders on July 30, 2021. The North American session started with concerns about the stock market and lingering fears above Covid. The earnings from Amazon after the close showed … Read More
August seasonals highlight the risks July was a volatile month where a bid in bonds eventually spooked the broader markets. Seasonally, August is a time to be worried about risk … Read More
Bitcoin (BTC/USD) Price Action: Bitcoin bounce back from $40,000USD weakness and institutional interest have supported this week’s crypto reboundBTC/USD remains supported by key technical indicators Bitcoin (BTC/USD) and other major … Read More
100 day MA at 40162.95 The price of Bitcoin is heading toward the weekend trading with the price hanging just below it’s 100 day MA. That MA currently comes in … Read More
Up $0.33 or 0.46% on the day The price of WTI crude oil futures are settling at $73.95. That’s up $0.33 or 0.46% on the day. For the week, the … Read More
Trade for the coming week Mitsubishi UFG suggests selling EUR/GBP in its weekly FX pick. The pair suggests selling it from spot at 0.8520 with a target of 0.8350 and … Read More
Gold spins its wheels again The $1834 resistance level and some moderate US dollar buying today spelled trouble for gold today, even with yields dipping another 3 bps today. Technically, … Read More
Today, I am following up on the article I posted in May 2021, which was looking for Microstar to bottom imminently for the next leg higher. You can view this … Read More
