Dodgecoin Goes Parabolic as Bitcoin (BTC/USD) Backs Down
Dodgecoin soars while Bitcoin retreats to psychological support
Weekly Fundamental British Pound Forecast: Sterling Seeking Semblance of Stability
As UK vaccination rates have slowed, coupled with a backdrop of calmed UK Gilt yields, the British Pound’s relative appeal that carried it through the first three months of 2021 has been tarnished.
Gold Price Clears March High as Dovish Fed Rhetoric Drags on US Yields
The break above the March high ($1760) may push the price of gold towards the February high ($1872) as key reversal appears to be unfolding in April.
Consumer Sentiment Hits New Pandemic High in April But Misses Expectations
The Consumer Sentiment Index rose to its highest level since the onset of the pandemic in April but failed to meet expectations.
US Dollar Forecast: USD/ZAR, USD/CHF tests critical support
The US Dollar has fallen to critical support as risk sentiment continues to support both EM and carry trade.
Short EUR/MXN: Q2 Top Trading Opportunities
I’m short EUR/MXN in the second quarter, given the Euro’s resilience against EM currencies in the last 6 months, despite risk-on appetite bringing them back from March 2020 lows.
Euro Outlook - Conflicting Technical and Sentiment Signals Leave EUR/USD in Limbo
The single currency is struggling to break back above 1.2000 against the US dollar and a series of chart signals is muddying the outlook.
EUR Q2 2021 Fundamental Forecast
The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in the pair in the first quarter will reverse in Q2, and the answer is quite possibly yes.
British Pound (GBP) Forecast: Headwinds Persist - EUR/GBP Poised to Continue Bullish Trend
EUR/GBP keeps to its uptrend after clearing key resistance as EUR buyers consolidate momentum
Crude Oil Price Rise May Stall as Supply Swell Swamps Demand
Crude oil prices have mounted a spirited rebound thanks to heavy-duty outflow from US inventories but swelling supplies may cap upside follow-through.