Tag Archives: FTSE
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New Zealand Dollar Forecast: NZD/USD May Rise After Chart Resistance Break
The New Zealand Dollar broke above chart resistance after the RBNZ struck a less dovish tone than markets expected. Upcoming economic data from China may push NZD/USD to test the 0.6900 level.
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Weekly US Dollar Technical Forecast:Keeping the Bears at Bay, Range Persists
The DXY Index is lingering below multi-year trendline support, but has yet to find any significant follow-through to the downside.
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US Dollar Technical Outlook: Make or Break Support Before End of Year?
The US Dollar Index (DXY) continues to trade around long-term support, but is still in limbo as it is unable to validate it or break on through.
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EUR/CHF IG Client Sentiment: Our data shows traders are now at their least net-long EUR/CHF since Nov 29 when EUR/CHF traded near 1.10.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bullish contrarian trading bias.
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Gold Price Outlook: XAU/USD Vaccine Sell-off Tests Key Support Zone
Gold prices are struggling since news of a Covid-19 vaccine with the decline challenging key support. Here are the levels that matter on the XAU/USD technical charts.
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