Signals and Analysis from the DailyForex Trading Room - August 02, 2021


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Latest Market Analysis
DAX Forecast: Index Limps into the Weekend - 02 August 2021
2021-08-02 08:57:17

The DAX Index fluctuated during the trading session on Friday as it headed into the weekend.

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WTI Crude Oil Forecast: Market Continues to Plow Higher - 02 August 2021
2021-08-02 08:52:00

The West Texas Intermediate Crude Oil market continued to show signs of strength during the trading session on Friday as it tried to break towards the $75 level.

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USD/CAD Forecast: USD Clings to 50-Day EMA Against Loonie - 02 August 2021
2021-08-02 08:46:16

The US dollar bounced a bit during the trading session on Friday as we reached towards the 50-day EMA and the previous trendline that had been so important.

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S&P 500 Forecast: Index Continues to Levitate at High Levels - 02 August 2021
2021-08-02 08:40:18

The S&P 500 has been choppy during the trading session on Friday as we try to figure out where to go next.

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NASDAQ 100 Forecast: Looking Ready to Recapture Highs Again - 02 August 2021
2021-08-02 08:33:29

The NASDAQ 100 initially sold off during the trading session on Friday but recovered again at the uptrend line as we continue to see plenty of buyers jump into this market.

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