The following Australian Dollar Technical Forecast for Q3 2020 was prepared by Robin Stevens, a technical analyst in Australia. Robin is based in Sydney and has over ten years of experience in the field of forex trading. I’m a currency trader and…
The S&P 500 and FTSE 100 are some of the most important stock market metrics that investors depend on to make their stock market investing decisions. There are some factors you should consider before going on a wild stock market ride. One…
US Recession Watch, June 2020 – The Deceitful US Yield Curve? Well, let’s face it folks, for the US economy to recover from the current depression, the Federal Reserve is going to have to spend some money. Yes, a stimulus package has…
Just as it did in November of last year, Canadian Dollar (CAD) is expected to do well in the next few months. The Canadian dollar has been rising over the past several months due to several factors including rising crude oil prices,…
Canadian Dollar Price Outlook: USD/CAD Grinds Around Big Fig Support Level This is a bullish market! The Canadian Dollar Price Outlook is a bearish indicator in the Bullish Signal charts. The large amount of monetary base is the primary reason why the…
Gold price remains constrained, risk-on rally stalls, volatility is high and momentum is not as good as last quarter. Based on my three key points above, there seems to be no evidence of support levels. It doesn’t matter what the market is…
The NZD/USD rate is at a new low of around 62. The year-to-date average is 65. The retail sales report is expected to come out at the end of this month. It will be interesting to see how the housing markets in…
Numerous studies have been carried out to show the relative prices of Gold and Silver. Gold is generally considered to be the strongest form of investment, but it is only the price that matters. In contrast, silver’s price reflects the strength of…
The Central Bank Watch: Carry Trade Yield Appeal Wiped Out for AUD, CAD & NZD has made a big splash on the global markets today. It is made by Ryan Harkaway, who is known as a market observer with twenty years of…
The CAD/USD break out is finally back. It is one of the more important news events of the last week, and the price is beginning to take a dive. It will be very difficult for the USD to get back to par…
