Stock Market Forecast for the Week Ahead

The S&P 500 and Dow Jones have pushed into record territory after a string of upbeat economic data sparked a wave of risk appetite and bullish price action. Seasonality may help drive further gains.

from DailyFX – Market News https://bit.ly/31MUM0K
via IFTTT

AUD/USD Trades Within Head-and-Shoulders Formation Ahead of RBA

The Reserve Bank of Australia (RBA) interest rate decision may undermine the head-and-shoulders formation in AUD/USD if the central bank alters the forward guidance.

from DailyFX – Market News https://bit.ly/31KxpFk
via IFTTT

FX Week Ahead – Top 5 Events: RBA Rate Decision; FOMC Minutes; Mexico Inflation; China Inflation; Canada Jobs

The economic calendar has turned to a new month and quarter, but the holiday weekend has thinned out what would otherwise be a supersaturated economic calendar.

from DailyFX – Market News https://bit.ly/3mj7VIC
via IFTTT

USDJPY Outlook A Correction or Reversal of the Prevailing Bull Trend?

Amid a rising tide that has seen many risk-leaning assets climb to new highs, USDJPY topped a 12 month high last week that cleared out key tech levels. So, is the pullback to start this week a corr…

from DailyFX – Market News https://bit.ly/2Q1G6Iv
via IFTTT

Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom

Gold prices have given up as much as 14.4% in early 2021 trade, continuing the theme of Gold weakness from the August high. Is that course set to change?

from DailyFX – Market News https://bit.ly/3rR7bLV
via IFTTT