Gold Price Tops Near Major Resistance After Fed Speech
XAU/USD is strongly bullish after failing to retest the uptrend line. A new lower low activates a corrective phase. The Canadian retail sales could move the rate today. The gold …
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AUD/USD Weekly Forecast: Markets Brace for RBA Rate Hike
The Federal Reserve maintained its current interest rates on Wednesday. The US reported weaker-than-expected employment figures. Australia’s central bank might increase its key policy rate by 25 basis points on …
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FTSE Price Prediction: Covid19 fears Remain A Dampener
FTSE Price Reacts Mutedly To BoE Interest Rate Decision Coronavirus Delta variant still causing problems for economic recovery FTSE expected to trade sideways for the time being as inflation expected …
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Tapering Talks by Fed and BOE Continue to Direct Markets, NFP to Watch
BoE decided to leave the policy rate at 0.1%. The rise of the delta variant won’t hurt the economy. Fed taper talks boosted the USD. The US dollar has gained …
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DXY Price Struggling to Resume Bull Wave, Risk Sentiment Weighs
DXY remains under pressure as long as it stays below the immediate resistance levels. The US high-impact data reported tomorrow could shake the markets and change the sentiment. A breakout …
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RBA Meeting and Governor Lowe Speech Preview
At their August 3 monetary policy meeting, Reserve Bank of Australia (RBA) board members kept the official cash rate (OCR) at a record low of 0.10 %. The central bank …
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MANA Price Prediction: Time To Buy Decentraland As It Rises?
MANA price makes a beeline for the $80 level Decentraland now up by almost 9% over the past 24 hours More buyers have entered the market as SEC Chair Gensler’s …
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Ethereum Price Surges Above $2,700 Ahead of London Hard Fork Launch
Ethereum price trades above $2,700 in anticipation of the London Hard Fork launch. Roughly 75% Ethereum nodes are ready for the Ethereum London Hard Fork. The upgrade could see ETH …
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Is DXY Price Correction Over till mid-91.00? US Data in Spotlights
The DXY Dollar Index price has found temporary support and is now struggling to gain. Unfortunately, the pressure is still high, so we’ll have to wait for the US data …
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US Nonfarm Payrolls Preview: July Jobs Data to Signal Peak Recovery?
Nonfarm payrolls for July expected to see 880,000 jobs added US NFP may continue strong performance seen in May and June data Wage inflation and tapering front of mind for …
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