Gold Weekly Forecast: Gold Prices Preparing for a Break Out?

Posted April 10th, 2021 by BonTrade and filed in BonTrade News

Key resistance remains a challenge for gold, eyes on US CPI for breakout.

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Gold Weekly Forecast: Gold Prices Preparing for a Break Out?

New Zealand Dollar Forecast: The Fight Between RBNZ Policy Bets and Wall Street

Posted April 10th, 2021 by BonTrade and filed in BonTrade News

The New Zealand Dollar is in a tricky spot. On one hand, rising stocks can propel NZD. On the other, a dovish RBNZ ahead could cool bond yields as the government tackles soaring housing costs.

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New Zealand Dollar Forecast: The Fight Between RBNZ Policy Bets and Wall Street

Australian Dollar Forecast: Dovish RBA to Counterbalance Robust Chinese GDP Print

Posted April 10th, 2021 by BonTrade and filed in BonTrade News

The RBA highlighting several key risks to the local economy in its semi-annual Financial Stability Review may drive AUD lower against haven-associated currencies despite the expectation of strong Q…

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Australian Dollar Forecast: Dovish RBA to Counterbalance Robust Chinese GDP Print

British Pound (GBP) Fundamentals Remain Positive Despite Sterling Drifting Lower

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

The British Pound is giving back some of its multi-month gains with some pairs testing notable support despite a positive fundamental backdrop

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British Pound (GBP) Fundamentals Remain Positive Despite Sterling Drifting Lower

USD/TRY, USD/ZAR, USD/MXN Key Levels Forecast for the Week Ahead

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

EM FX weekly: USD/TRY volatility jumps, USD/ZAR, USD/MXN await key US CPI data.

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USD/TRY, USD/ZAR, USD/MXN Key Levels Forecast for the Week Ahead

Oil Q2 2021 Technical Forecast

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

After an impressive start to 2021, the oil forecast for the second quarter of the year is lacking an overly optimistic tone given a weaker picture for demand and stronger growth in rival supply, as…

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Oil Q2 2021 Technical Forecast

S&P 500, Russell 2000, Corporate Bond Fund Flows as Q2 2021 Begins

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

The S&P 500, Russell 2000, and Corporate Bond ETFs have had mixed reactions to recent developments in the global macro outlook.

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S&P 500, Russell 2000, Corporate Bond Fund Flows as Q2 2021 Begins

NZD/USD Trades Within March Range Ahead of RBNZ Rate Decision

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

NZD/USD may continue to consolidate ahead of the RBNZ rate decision on April 14 as the bank is expected to keep the official cash rate (OCR) at the record low of 0.25%.

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NZD/USD Trades Within March Range Ahead of RBNZ Rate Decision

Canadian Dollar (CAD) Rallies After Jobs Report Smashes Estimates

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

Canadian Dollar spikes as employment report smashes estimates. USD/CAD hits session lows.

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Canadian Dollar (CAD) Rallies After Jobs Report Smashes Estimates

GBP/USD Technical Outlook – Support Under Pressure as US Dollar Firms

Posted April 9th, 2021 by BonTrade and filed in BonTrade News

GBP/USD is looking to break multi-week support, and threaten a medium-term trendline, as Sterling’s strength fades across the board.

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GBP/USD Technical Outlook – Support Under Pressure as US Dollar Firms