Euro Forecast: EUR/USD Price May Head Lower Ahead of German Election

Posted September 19th, 2021 by BonTrade and filed in BonTrade News

While the meetings of central bankers in the US, Japan and the UK will be front, left and center of traders’ minds this coming week, it would be wise not to ignore next Sunday’s German Federal Elec…

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Euro Forecast: EUR/USD Price May Head Lower Ahead of German Election

Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance

Posted September 18th, 2021 by BonTrade and filed in BonTrade News

The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support.

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Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance

Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting

Posted September 18th, 2021 by BonTrade and filed in BonTrade News

The US Dollar (via the DXY Index) is trending higher as markets expect more taper talk at the September Fed meeting.

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Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting

Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength

Posted September 18th, 2021 by BonTrade and filed in BonTrade News

The Japanese Yen is eyeing the upcoming Bank of Japan rate decision and CPI figures, but JPY crosses will likely remain dependent on broader market sentiment.

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Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength

Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes

Posted September 18th, 2021 by BonTrade and filed in BonTrade News

The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?

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Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes

GBP/USD Forecast: China Risks, Fed & BoE Decisions, GBP Reversal?

Posted September 17th, 2021 by BonTrade and filed in BonTrade News

Aside from the rising uncertainty in China over Evergrande default risks, two central bank decisions will dominate the market theme next week.

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GBP/USD Forecast: China Risks, Fed & BoE Decisions, GBP Reversal?

USD/JPY Eyes Monthly High Ahead of FOMC Meeting amid Rise in US Yields

Posted September 17th, 2021 by BonTrade and filed in BonTrade News

USD/JPY appears to be on track the test the monthly high (110.45) as the 10-Year Treasury Yield climbs to a fresh weekly high (1.37%).

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USD/JPY Eyes Monthly High Ahead of FOMC Meeting amid Rise in US Yields

USD Price Action: US Dollar Rallies to Sept High, Focus Shifts to the Fed

Posted September 17th, 2021 by BonTrade and filed in BonTrade News

The US Dollar is trading at a fresh September high and next week brings the FOMC. Can the Dollar challenge its next resistance level even before the announcement?

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USD Price Action: US Dollar Rallies to Sept High, Focus Shifts to the Fed

Top 10 Candlestick Patterns To Trade the Markets

Posted September 17th, 2021 by BonTrade and filed in BonTrade News

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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Top 10 Candlestick Patterns To Trade the Markets

GBP/USD Anticipation Grows as FOMC and BoE Loom, UK Retail Sales Drop

Posted September 17th, 2021 by BonTrade and filed in BonTrade News

Fundamental anticipation ahead of FOMC and BOE leaves GBP/USD stuck in a tight range

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GBP/USD Anticipation Grows as FOMC and BoE Loom, UK Retail Sales Drop