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Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Sell

Gold and Silver Outlook: XAU/USD, XAG/USD May Rise as Retail Traders Sell

Gold and silver prices may rise given that retail traders have recently increased their net-short exposure in these precious metals. What are key leve...
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Australian Dollar Technical Outlook: AUD/USD Rally Gains Steam

Australian Dollar Technical Outlook: AUD/USD Rally Gains Steam

The Australian dollar’s rally against the US dollar is gaining momentum on growing optimism over China’s reopening and rising commodity prices. Wh...
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Japanese Yen Gains After Strong Demand at 2-Year Treasury Auction, Where to?

Japanese Yen Gains After Strong Demand at 2-Year Treasury Auction, Where to?

The Japanese Yen gained alongside a drop in US bond yields. The 2-year Treasury auction showed demand at its highest since 2020. Where to for USD/JPY?...
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USDJPY Outlook: A Break Decided Between Rate Forecasts and Risk Trends

USDJPY Outlook: A Break Decided Between Rate Forecasts and Risk Trends

There are competing forces on Dollar, which have prevented the benchmark currency from developing a clear trend. Those competing fundamental winds are...
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Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read

Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read

Risk trends continue to exhibit anxiety amid chop that fully undermining major technical levels. Meanwhile, the Dollar has been remarkably stoic with ...
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S&P 500, Nasdaq, Dow Jones Forecast: 200 DMAs in Play

S&P 500, Nasdaq, Dow Jones Forecast: 200 DMAs in Play

The S&P 500 found support at its 200-day moving average this morning, while the Nasdaq has its own 200 dma as key resistance and the Dow as key su...
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CAD Breaking News: BoC’s 25bps Rate Hike Receives Dovish Reaction, Loonie on Offer

CAD Breaking News: BoC’s 25bps Rate Hike Receives Dovish Reaction, Loonie on Offer

The Bank of Canada raised rates by 25bps this Wednesday leaving markets forecasting no more rate hikes to come for the year. USD/CAD finds support....
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Bitcoin Price Forecast: BTC/USD Hesitant as Bullish Momentum Fades

Bitcoin Price Forecast: BTC/USD Hesitant as Bullish Momentum Fades

Bitcoin prices have fallen back into a narrow range that has formed around the September high of $22,781. Will a break of this zone determine the next...
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Euro Latest: EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers

Euro Latest: EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers

Sentiment in the German economy ‘has brightened’ according to the latest Ifo report and this may give ECB a bit more ammunition as they continue t...
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