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Forecast for EUR/USD on June 3, 2020
EUR/USD Risk appetites continue to grow despite protests and riots in the US: S&P 500 gained 0.82% yesterday, gold fell 0.69%, yield on...
Posted On 02 Jun 2020
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//June 2, 2020
Forecast for AUD/USD on June 3, 2020
AUD/USD Optimistic data on the Australian economy came out this morning, on Wednesday. As we expected, GDP for the first quarter turned out to be...
Posted On 02 Jun 2020
Forecast for USD/JPY on June 3, 2020
USD/JPY Following a two-week sideways movement, the USD/JPY pair finally pulled up yesterday due to the continuing rise in risk appetites: the...
Posted On 02 Jun 2020
Crude Oil Futures Settle At Near 3-month High
Crude oil prices moved higher on Tuesday amid expectations the OPEC-led productions cuts will be extended well beyond the previously agreed...
Posted On 02 Jun 2020
Getting Ready For BOC Interest Rate Decision
The BOC meeting tomorrow is going to be special. Not because we’re forecasting a major change in policy, but because it’s the first to be...
Posted On 02 Jun 2020
Is USDCNH About To Reverse?
Chinese Factory Sector Recovery Stalling? The latest Chinese manufacturing PMI was released this week by the Chinese national statistics agency....
Posted On 02 Jun 2020
XAUUSD Higher At The Open, But Fails To Build Up Momentum
Gold prices opened higher on Monday, but price action has failed to make any major gains. We expect to see a flat close which could potentially...
Posted On 02 Jun 2020
WTI Crude Oil Reverses Gains After Rising Above 35.50
Oil prices rose to a two-month high on Monday, briefly rising above 35.50. But prices quickly gave up the gains. The retracement will likely see...
Posted On 02 Jun 2020
GBPUSD Pulls Back After Briefly Hitting Resistance At 1.2424
The GBPUSD currency pair is making steady advances after prices found support near 1.2277. The gains saw the British pound aiming for the 1.2424...
Posted On 02 Jun 2020
EURUSD Fails To Breakout Above Resistance At 1.1132
The common currency made attempts to rise past the 1.1132 price level on Monday. However, the gains were quickly erased as the currency was...
Posted On 02 Jun 2020
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
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