AUD/USD bounces back above 0.7650 amid risk-recovery

AUD/USD extends the bounce above 0.7650, as the risk sentiment recovers amid retreating US Treasury yields, which put a check on the US dollar's rally. The aussie cheers upbeat NAB Business Survey while shrugging off the sell-off in iron-ore prices. 



Cardano price looks primed to breakout to new all-time highs

Cardano advances unabated on its path towards decentralization. The so-called “Ethereum killer” will reach 100% decentralization by the end of March.  ADA price is holding key support at $1.10 as volume remains light.

Read more

Gold looks to regain $1,700 as US Treasury yields drop

Gold consolidates recent losses from nine-month low flashed the previous day. US stimulus may arrive on Wednesday, US 10-year Treasury yields snap four-day winning streak. Risks remain mildly bid, US dollar refreshes highest levels since Nov 2020.

Gold News

GBP/USD attempts a bounce around 1.3850 amid improving mood

GBP/USD trades close to 1.3850, staging an impressive bounce from 1.38 amid a rebound in the risk sentiment and a drop in the US Treasury yields. 50-day SMA offers immediate support, monthly top adds to the upside barriers.



More Latest News

Stop losing your money! 
Learn to trade with us!

24/7 signals + Webinars    



EUR/USD Price Forecast 2021: Euro-dollar long-term bullish breakout points to 1.2750

EUR/USD market players hope for a return to economic growth by mid-2021. Central banks are likely to maintain their ultra-loose monetary policy for longer than the pandemic. EUR/USD price has turned bullish after breaking above a descendant trend line coming from 2008.

Read full analysis

GBP/USD Price Forecast 2021: Cable braces for calendar comeback amid three exits

With Brexit talks out of the way, markets can focus on the consequences of this historic change. With Trump’s turmoil over, Biden’s tight work with the Fed is key to dollar action. Coronavirus vaccination should finish the crisis by year-end, yet a bumpy road awaits.

Read full analysis

USD/JPY Price Forecast 2021: Dollar-yen to keep falling in the year of healing

Japan’s cultural advantage over the US might result in a faster economic comeback. Central banks’ ultra-loose monetary policy has come to stay. USD/JPY price forecast 98.95 as a potential bearish target for 2021.

Read full analysis

AUD/USD Price Forecast 2021: Winning the covid crisis insufficient for the aussie to withstand Chinese boomerang

Australia weathered the covid crisis better than most, sending the AUD higher by year-end. Momentum from the crisis and central bank action could extend the trend early in 2021. AUD/USD price forecast poll for 2021 is moderately bullish.

Read full analysis

Gold Price Forecast 2021: XAU/USD looks to build on 2020 gains with central banks staying dovish

Gold price surged to all-time highs above $2,000 in 2020. Gold forecast remains bullish in 2021 as central banks keep committed to supporting recovery. XAU/USD price could push higher if it manages to break above $1,930.

Read full analysis

Bitcoin Price Forecast 2021: BTC reaching new horizons, aiming for $100,000

Bitcoin’s future looks bright as the digital asset has surpassed $20,000 for the first time. Several multi-million investments have propelled the flagship cryptocurrency towards new all-time highs in 2020. On-chain metrics are highly in favor of Bitcoin in the long-term.

Read full analysis

Technical Confluences Detector

Dhwani Mehta

Gold (XAU/USD) bulls are trying hard to extend the recovery momentum from nine-month lows of $1676, finding some respite from the retreat in the US Treasury yields across the curve. The turnaround in the Asian equities, thanks to the Chinese intervention, has lifted the market mood, lifting the metal at the US dollar’s expense.

Gold Price Chart: Key resistance and support levels

The Technical Confluences Detector shows that gold is struggling to take out a major resistance at $1692, which is the convergence of the previous high four-hour and Fibonacci 38.2% one-day.

The buyers will then look to recapture the Fibonacci 61.8% level at $1700, above which powerful barrier at $1706 could challenge the bulls’ commitments.

Acceptance above the latter is critical to unleashing further recovery gains towards $1715-$1717 levels, which is the intersection of the previous month low and the Fibonacci 38.2% one-week.

Read Full Report


Cardano price looks primed to breakout to new all-time highs

Cardano’s protocol moves closer to full decentralization while ADA price awaits for volatility to strike back. IOHK, the development company behind Cardano, announced that the network is 90% through the goal of having all blocks being created by community stake pools, putting an end to the federated nodes. 

More Cardano News

Enjin Coin Price Forecast: ENJ could take a breather before rallying 25%

Enjin coin price has gone parabolic in the last few days and could retrace 13% due to a sell signal presented by the Tom DeMark (TD) Sequential indicator. Now, ENJ could take a small breather before rallying another 25%. Enjin coin price shows massive buying activity, which has led to the creation of an interim all-time high at $1.95. 

More Enjin news

Ethereum Price Analysis: ETH eases ahead of the key hurdle to $2,000

Ethereum consolidates recent gains around $1,820, declining for the first time in five days, during early Tuesday. In doing so, the altcoin takes a U-turn from the highest level since February 22, also declining before the key $1,890-75 resistance area.

More Ethereum News

Stellar bulls need to cross the key $0.4370 hurdle for a 40% upside

XLM/USD takes the bids around $0.4190 as crypto traders clean their screens for Tuesday’s move. Even so, the Stellar Lumens (XLM/USD) stays below the strong hurdle to the north comprising 21-day SMA and a falling trend line from February 13.

More Stellar Lumens News



Customize your rates


EUR/USD Weekly Forecast: ECB and US Treasury yields to make it or break it

The EUR/USD pair fell to a fresh 2021 low at 1.1892 this week, ending with a handful of pips above this level. The dollar soared across the board following comments from the head of US Federal Reserve Jerome Powell. Federal Reserve chief Powell pushed government bond yields to fresh one-year highs.

Read full analysis

GBP/USD Weekly Forecast: Is the rally reversible? Stimulus, NFP, and shots in the arm closely watched

King Dollar is back – as bond yields continue rising. Despite Britain's vaccination campaign, sterling has lost some steam, with the market somewhat fearing tax hikes. US inflation figures are returning to the spotlight exactly as fiscal stimulus is set for a critical vote. 

Read full analysis

USD/JPY Weekly Forecast: Overbought conditions could threaten the parabolic rise

The rally in USD/JPY that kicked-off from around 105.00 gained further momentum over the last week, in what markets witnessed a parabolic rise. The major settled Friday near 108.35, gaining almost 200-pips or 1.65% on a weekly basis. The pair hit the highest levels in 12 months on Friday at 108.64 before easing slightly into the weekly closing.

Read full analysis

AUD/USD Weekly Forecast: Aussie bulls won’t give up easily

AUD/USD kick-started the week with a positive tone, rising to 0.7837, but fell to its lowest in three weeks, below the 0.7700 threshold. The slump was all about demand for the American currency amid renewed strength in government bond yields. The RBA is working out its way to control the yield curve.

Read full analysis

Bitcoin Weekly Forecast: BTC bull rally remains strong in the long-term according to technicals

Bitcoin price has rebounded from a key support level on the daily chart and aims for a full recovery. The past week has been quite volatile for the flagship cryptocurrency experiencing moves of up to 10% in just 24 hours. MicroStrategy has continued to accumulate.

Read full analysis

Gold Weekly Forecast: XAU/USD remains vulnerable unless it manages to reclaim $1,760

The XAU/USD pair staged a technical rebound at the start of the week and advanced to $1,760 as the US Treasury bond yields continued to pull away from the yearly highs set in the previous week.  However, the poor performance of major equity indexes helped the USD preserve its strength.

Read full analysis

FXS Signals



Become Premium! Now more Live Sessions!

Enjoy FXStreet educational webinars with the most advanced advice and market commentary and best trading tips and techniques to help you be a better trader. Small group sessions & Multi-device Service.Now more than 35 Forex monthly live webinars!



Date Event Title Sponsor More Info
Premium Actionable Trade Ideas Gonçalo Moreira, CMT Event Details
Premium Gauging market sentiment as of March 2021 Kaia Parv, CFA Event Details
Premium Thinking and trading like a Wall Street Bank Sam Seiden Event Details
Premium US Pre-Market Open Ed Ponsi, CTA Event Details
Be Premium Now