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Editors’ Picks

AUD/USD Forecast: Aussie up with gold and equities recovering

The AUD/USD pair recovered some ground on Friday but fell short of trimming weekly losses, settling in the 0.7770 price zone. The aussie benefited from the better market mood that sent equities and gold prices higher

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Chart of the Week: Gold on the approach to $1,855

The price is strongly bullish on the weekly chart, but again, there are prospects of a downside correction albeit with room to the upside to test deeper into resistance.

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EUR/USD Weekly Forecast: Fed may fuel the next leg of rally, bulls eye 1.2240

EUR/USD has been extending its gains amid dovish Fed policy and the eurozone's vaccination drive.   Eurozone PMIs and Fed meeting minutes are set to move the currency pair. Mid-May's daily chart is pointing to further gains.The FX Poll is showing mild downside pressure. 

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Dogecoin bulls hold the key for 40% gains

Dogecoin price is at a pivotal point, resulting in a 40% upswing or 30% sell-off. A swift surge beyond $0.522 and a retest of this level confirms a bullish outlook. If DOGE slices through the $0.351, it will put an end to the optimistic narrative.

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AMC Entertainment Holdings surges on triangle breakout, targets $14.54 and $20

AMC has done it again and in the process is stealing the GameStop crown. Supposedly a movie about the whole GameStop saga is in the works, but if AMC has its way it will be stealing the show. Coming to an AMC theatre near you: "AMC to the moon". AMC closed Thursday at $12.77 for a nice gain of 23.7%, thank you very much.

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