• April 4, 2023
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Australian Dollar Dips After RBA Leave Rates Unchanged. Will AUD/USD Top Out?

The Australian Dollar gave up some ground with the RBA keeping the cash rate at 3.60% but not ruling out further tightening down the track. Is a pause enough to push AUD/USD lower?...
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  • April 4, 2023
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Crude Oil Price Steady After Stunning Run Higher on OPEC+ News. Where to for WTI?

Crude oil prices are enjoying the view from new heights after an astonishing leap to start the week on the back of OPEC+ cutting their production targets. Will WTI recover further?...
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  • April 4, 2023
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US Dollar Slide Fast Approaching Pivotal Support Zone After ISM Manufacturing Miss

The US Dollar continued its slide, with disappointing ISM Manufacturing amplifying its selloff. This means the DXY Dollar Index is quickly approaching a pivotal area of support....
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  • April 4, 2023
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Canadian Dollar Outlook: USD/CAD Breaks Down as Oil Soars, Trendline Support at Risk

USD/CAD breaks below the psychological 1.3500 level on Monday and falls towards trendline support at 1.3420, the next important technical floor to watch in the near term....
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  • April 4, 2023
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GBP/USD Defies Confluence Resistance, EUR/USD at Brink of Major Bullish Breakout

GBP/USD and EUR/USD rally at the start of the week, supported by broad-based U.S. dollar weakness, with both pairs advancing towards key technical resistance levels at the time of writing....
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  • April 3, 2023
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Gold Price Forecast: $1950 Holds Firm as Gold Starts NFP Week with a Bang

Spot Gold has enjoyed a strong rally since tapping the $1950 mark this morning, but price action remains mixed. Will the $2000 handle remain a step too far for the precious metal?...
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  • April 3, 2023
  • Market News
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US Dollar (DXY) Pares Opening Gains After Rate Hike Expectations Move Higher

The US dollar is giving back all this morning’s opening gains after this weekend’s OPEC+ output cut gave rate hike expectations a push higher....
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  • April 3, 2023
  • Market News
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EUR/USD Recovers Above the 1.0800 Handle as Sentiment Improves

EURUSD has rallied some 70-odd pips from its Asian session lows as the 1.0800 level remains pivotal. Where to next for EURUSD?...
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  • April 3, 2023
  • Market News
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USD/CAD Price Forecast: Cyclical Canadian Dollar Pauses at Key Technical Level

USD/CAD teeters on the edge of a major support zone that if broken could see the loonie tumble. A big fundamental week lies ahead that could lead to such a move for CAD....
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  • April 3, 2023
  • Market News
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Gold Price Dips as US Dollar Firms While Crude Oil Soars. Where to for XAU/USD?

The gold price slipped today with the US Dollar tracking higher along with Treasury yields due to inflation fears reigniting after OPEC+ cut oil production targets. Lower XAU/USD?...
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