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AUD/USD Price Forecast: PMI’s Hurt Aussie Dollar Ahead of FOMC Minutes

Posted by By 05/07/2023Posted inForex
AUD/USD bears begin the day in charge but with FOMC minutes to come, will we see a breakout from the developing ascending triangle pattern?
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Crude Oil Range Bound Ahead of OPEC+ Gathering and FOMC Minutes

Posted by By 05/07/2023Posted inForex
Crude oil prices appear somewhat in flux as traders look to today’s OPEC+ gathering that could see some market-moving headlines. The Fed’s FOMC meeting minutes may also provide some volatility.
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Asia Day Ahead: Focus on FOMC Minutes as US Markets Reopen After Holiday

Posted by By 05/07/2023Posted inForex
With the US markets back online from the Independence Day holiday, market focus will be on the FOMC minutes ahead.
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Q3 Top Trade: Short EUR/GBP as A Hawkish BoE and Price Action Support Further Downside

Posted by By 04/07/2023Posted inForex
EURGBP looks well on its way to print fresh lows in Q3 as the Bank of England faces the toughest challenge out of all the major Central Banks. 0.8200 incoming?
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Short USD/ZAR: Top Trade Opportunities

Posted by By 04/07/2023Posted inForex
Rand strength could be the top trade for Q3 2023 as USD/ZAR hit all time highs in Q2.
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Gold Price Recovery Continues with the 100-Day MA Up Ahead

Posted by By 04/07/2023Posted inForex
Spot Gold is enjoying a positive day as it appears the power of the fourth may be on the precious metals side. A range breakout is required for a sustainable…
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USD/ZAR Price Forecast: Rand Rallies on Chinese Export Restriction

Posted by By 04/07/2023Posted inForex
USD/ZAR is trading 0.70% lower today as local commodities may have stronger demand after China announced they will be curbing key chip making exports.
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Crude Oil Prices Creep Up on News of More Production Cuts

Posted by By 04/07/2023Posted inForex
There was a time when news of output cuts from Saudia Arabia and Russia would have given the oil market a serious boost. Now perhaps it only slows the fall.
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USD/JPY, EUR/JPY Price Forecast: Intervention Concerns Provide Optimism for Yen Bulls

Posted by By 04/07/2023Posted inForex
Yen holding its ground at present as market participants remain wary of potential intervention. Range breakouts may provide some intraday opportunities.
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Dow & Nasdaq 100 return to recent highs, while Nikkei 225 drops back

Posted by By 04/07/2023Posted inForex
oth the Dow and Nasdaq 100 have seen a revival in recent days, while the Nikkei’s bounce has stalled this morning.
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