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Canadian Dollar Price Forecast: USD/CAD Threatens Breakout, Inflation on Deck

USD/CAD is testing a big level and tomorrow brings Canadian inflation followed by FOMC minutes. Buckle up.> https://forexinworld.com/forex-signals/

Gold Price Forecast: Four-Day Rally Stalls Ahead of 50-Day SMA

Lack of momentum to climb back above the 50-Day SMA ($1800) may undermine the recent recovery in the price of gold as a ‘death cross’ takes shape in August.> https://forexinworld.com/forex-signals/

Dow Jones Advances Despite Growth Concerns, Hang Seng Tests Support

The cyclically-oriented sectors led the decline whereas defensive ones gained on Monday. Lingering viral concerns and poor Chinese economic data weighed sentiment. Asia-Pacific markets opened modes...> https://forexinworld.com/forex-signals/

Japanese Yen Outlook: USD/JPY Falls on Soft US and Chinese Data. AUD/JPY Eyed

The Japanese Yen outperformed, sending USD/JPY lower as market sentiment mostly soured and global bond yields declined on Monday. AUD/JPY may rise on the RBA meeting minutes.> https://forexinworld.com/forex-signals/

USD/CAD Price Outlook: Rising Support to Challenge Resistance

USD/CAD price action is edging higher to start the week as crude oil comes back under pressure. US Dollar volatility might accelerate with retail sales data and FOMC minutes on tap for release.> https://forexinworld.com/forex-signals/

Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

The Dow Jones and S&P 500 rose as the Nasdaq 100 ranged. Treasury yields seem to be on the rise, with stocks eyeing Fed Chair Jerome Powell, FOMC Minutes and US retail sales data.> https://forexinworld.com/forex-signals/

USD/ZAR Outlook: Doubtful South African Rand Centers on FOMC

The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USD/ZAR.> https://forexinworld.com/forex-signals/


 

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