US Dollar on Bearish Path - Technical Setups on USD/JPY, USD/CAD, AUD/USD
This article examines the technical outlook for USD/JPY, USD/CAD and AUD/USD, analyzing critical price levels that could act as support or resistance in the upcoming trading sessions.
Read MoreNasdaq 100, Gold Price Forecast: Has the Fed Greenlighted a Santa Claus Rally?
This article examines the technical outlook for gold and the Nasdaq 100, analyzing key price levels that, if breached, could precipitate outsize directional moves.
Read MoreOil Latest – Traders on the Sidelines as OPEC+ Meeting Nears
Oil traders are waiting for the delayed OPEC+ meeting, now scheduled for Thursday, to see if further output cuts are announced to help stabilize the price of oil
Read MoreUS Dollar Forecast: PCE, Powell to Set Market Tone, Setups on EUR/USD, USD/JPY
This article explores the technical outlook for EUR/USD and USD/JPY, analyzing price action dynamics and the key levels to monitor in the coming days ahead of several high-impact macro events.
Read MoreUSD/JPY Weekly Forecast: BoJ Policy Change Reinforced by Japanese CPI
JPY prices have managed to begin the week on the front foot as elevated Japanese inflation stokes hawkish bets.
Read MoreEuro Price Forecast: EUR Weakens on German GDP
EUR prices pulled back slightly as German GDP breached negative territory on the quarterly statistic. Ifo business climate and ECB speak in focus later today.
Read MoreBritish Pound Latest: GBP/USD Boosted by Positive PMI Data
UK business activity turned higher in November, according to the latest S&P Global flash PMI report, and that’s giving Sterling a boost across the board.
Read MoreOil Price Update: OPEC Delays Meeting and EIA Storage Data Rises Again
EIA Crude storage data builds on prior weeks’ levels as a pessimistic economic outlook weighs on future demand. OPEC + Postpones Meeting to 30th of November
Read MoreVantagepoint Stock of the Week Visa ($V)
This week’s a.i. Stock Spotlight is VISA ($V) Today we are going to talk and analyze a true titan in the world of finance and technology, Visa Inc. ($V). This ...
Read MoreUSD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next?
Bank of Canada will breathe a sigh of relief following a better-than-expected CPI print. The Central Bank will be hoping this is a start of a trend rather than a once off drop as we had in June.
Read MoreDow, Nikkei 225 and CAC40 Continue to Make Gains
The Dow is at its highest level since the summer, while the Nikkei 225 is contemplating more gains to take it to a multi-decade peak, and the CAC40 has regained the 200-day moving average.
Read MoreBritish Pound Latest: GBP/USD Testing 1.2500 on US Dollar Weakness
The US dollar is testing lows last seen at the start of September and that is giving cable another boost.
Read MoreOil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses
US oil is down in excess of 23% in the last two months as fears of an imminent slowdown in global growth weigh. Wednesday’s EIA report did not help short-term sentiment either.
Read MoreOil Price Outlook: Brent and WTI Suffer Further Losses
Oil declines around $3.5 today as markets continue to digest sizeable stock builds at a time when the US production levels soar and economic data appears to be easing
Read MoreEUR/USD Price Forecast: It’s Time for Eurozone Inflation
EUR prices pullback as markets prepare for Fed and ECB speak later today.
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