DAX 30 & CAC 40 Technical Outlook: Elevated Risk of a Setback
The DAX continues to grind into record territory, while the CAC powers ahead most impressively; there are technical risks to the rise.
FOMC Event Risk: How Will the Market React
Federal Reserve the main event of the week. Dot plots, Fed statement and Powell press conference in focus.
EUR/GBP Price Forecast – Rangebound For Now But Support May Soon be Tested
EUR/GBP remains stuck in a rut but the recent series of lower highs suggests buyers are running out of steam
US Dollar Setup: USD/CAD, USD/JPY, EUR/USD Ahead of FOMC
The US Dollar is holding range as investors await Fed’s views on rising prices
Crude Oil Price Outlook: Strength to Persist as Global Economy Expands
The price of Brent crude oil has hit its highest level since April 2019 and is well placed to advance further although, as ever, prices could consolidate first.
Chinese Yuan (CNH) Muted While China's Economic Recovery Slows
Softer than expected economic data reinforces view that the Chinese economic recovery is slowing.
British Pound (GBP/USD) Boosted As UK Inflation Beats Expectations
GBP/USD moved back towards 1.4100, despite a robust US dollar, after the latest UK inflation report showed price pressures continuing to build.
Gold Prices Extend Lower as Traders Eye FOMC For Tapering Clues
Gold prices fell for a fourth day and broke a key chart support ahead of the FOMC meeting. Uncertainties surrounding the Fed’s timeline for tapering stimulus weighed on bullion and…
S&P 500, Dow Jones Analysis: Rising Long Exposure Seems Ominous With Fed Nearing
The S&P 500 and Dow Jones could be at risk as retail investors increase their long exposure in them ahead of the Fed rate decision. What are key technical levels…
Swiss Franc Technical Forecast: USD/CHF, EUR/CHF, CHF/JPY Charts to Watch
The Swiss Franc has seen a bout of strength in recent months against several peer currencies. Here are technical levels to watch in USD/CHF, EUR/CHF, and CHF/JPY.