Euro Strikes Balance as Vaccine Hopes Offset by European Covid Spread

Hope was the big item to start the week and it couldn't come at a better time as Europe continues to struggle with Covid.
Euro Strikes Balance as Vaccine Hopes Offset by European Covid Spread posted first on your-t1-blog-url

USD/MXN Technical Outlook in Limbo as USD Still Has Loose Footing Against the Peso

The Peso is still weighing on the Dollar in the near and intermediate-term, but longer-term outlook still remains tilted in favor of the Dollar.
USD/MXN Technical Outlook in Limbo as USD Still Has Loose Footing Against the Peso posted first on your-t1-blog-url

Dow Jones Drifts Lower From All-Time High, Eyeing 28000 for Support

The Dow Jones Index retreated after hitting an all-time high of 29,933 on November 9th as profit taking kicked in. Bearish momentum appears to be prevailing with an eye on 28,000 for an immediate s...
Dow Jones Drifts Lower From All-Time High, Eyeing 28000 for Support posted first on your-t1-blog-url

Sterling Forecast: Cable Caught by Uptrend Resistance- GBP/USD Levels

Sterling tanked more than 1.3% off the highs after reversing off technical uptrend resistance- what now? Here are the levels that matter on the GBP/USD technical charts.
Sterling Forecast: Cable Caught by Uptrend Resistance- GBP/USD Levels posted first on your-t1-blog-url

S&P 500, Nasdaq 100 Charts – Stocks Up, Now What?

With the U.S. markets sitting on or near record highs traders are asking themselves if it is sustainable or not for now the trend should be respected, but a pullback may develop.
S&P 500, Nasdaq 100 Charts – Stocks Up, Now What? posted first on your-t1-blog-url

US Dollar Breakouts Struggling to Hold? USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar extended losses against ASEAN currencies, but some breakouts struggled holding. What is the road ahead for USD/SGD, USD/IDR, USD/MYR and USD/PHP?
US Dollar Breakouts Struggling to Hold? USD/SGD, USD/IDR, USD/MYR, USD/PHP posted first on your-t1-blog-url

Australian Dollar Forecast: Aussie Rally at Critical Trend Resistance

Australian Dollar is testing a critical technical confluence at multi-year downtrend resistance. These are the levels that matter on the AUD/USD weekly technical chart.
Australian Dollar Forecast: Aussie Rally at Critical Trend Resistance posted first on your-t1-blog-url