DailyFX - Feeds all

DailyFX - Feeds all


Nasdaq 100 Index Forecast: Eyeing 15,300 With Upward Trajectory Still Intact

Posted: 08 Aug 2021 07:00 AM PDT

The Nasdaq 100 index may be challenging a key resistance level at 15,300 this week amid an upward trend. The MACD indicator edged lower however, suggesting that momentum may be weakening.

Mexican Peso Weekly Forecast: USD/MXN on the Lookout for Banxico Meeting and Fed Commentary Post NFP

Posted: 07 Aug 2021 09:00 PM PDT

USD/MXN finds strong resistance at 20.00 as sellers attempt to gather momentum

Euro Forecast: EUR/USD Likely to Hold its Ground in Week Ahead

Posted: 07 Aug 2021 03:00 PM PDT

The Euro is currently being pulled one way by a growing Eurozone economy and the other by a dovish ECB. The result is likely to be opportunities to trade the range in EUR/USD.

Gold Fundamental Forecast: XAU/USD Eyes CPI After NFP Plunge

Posted: 07 Aug 2021 09:00 AM PDT

Gold prices plunged lower after a hotter-than-expected NFP report bolstered the US Dollar and Fed rate hike bets. The yellow metal turns its focus to CPI figures.

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