Dollar vs Mexican Peso Price Outlook: USD/MXN Rally to be Short Lived

Mexican Peso is attempting to snap a five-day losing streak with USD/MXN rebounding off key support. These are the levels that matter on the technical charts this week.

from DailyFX – Market News https://bit.ly/2ZIQer6
via IFTTT

Nasdaq 100 & Dow Jones Forecast: Are Stocks in for Another Leg Higher?

The Nasdaq 100 pressed to new heights as Asian equities surged higher on swelling volume. Will strength in other equity markets help extend the rally in US stocks?

from DailyFX – Market News https://bit.ly/2Z6zACB
via IFTTT

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Jun 10, 2020 when USD/JPY traded near 106.92.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3iDso8y
via IFTTT

Gold Price Forecast: Another Move to New Highs – Levels for XAU/USD

Gold price momentum remains bullish, and a move to fresh yearly highs – and the highest levels since 2011 – is in reach.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3e7Bx5Y
via IFTTT

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Jun 10, 2020 when USD/JPY traded near 106.92.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3iDso8y
via IFTTT