Weekly Technical Euro Forecast: Upside Potential Persists
The Euro appears to be consolidating after recent upside moves; there is plenty of room in futures positioning for speculators to drive prices higher.
Nasdaq 100 May Start a Catch-Up Rally as Inflation Pressure Eases
Technology stocks cruised into the weekend with a positive mood, as inflationary pressure eased alongside commodity prices. The Nasdaq 100 index is positioned for a catch-up rally if this narrative...
Australian Dollar Analysis: AUD/USD, AUD/JPY, AUD/CAD, EUR/AUD Technical Setups
The Australian Dollar remains in a consolidative state, might that change? Here are technical setups for AUD/USD, AUD/JPY, AUD/CAD and EUR/AUD in the week ahead.
Crude Oil Forecast: Iran Nuclear Deal Nears, Oil Bulls Unwind
Iran nuclear deal optimism sparks pullback in crude oil prices, but unlikely to derail outlook
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
The British Pound continues to show strength but GBP/USD and GBP/JPY are nearing very big levels on the chart.
US Dollar Forecast: Yields, Inflation, Fed Taper Debate Are Key
US Dollar selling pressure prevailed and steered the DXY Index -0.3% lower last week in spite of Fed taper talks growing more heated. Eyes on inflation and yields to gauge…
Gold Price Outlook: XAU Strength Likely to Continue on Dovish Fed, PCE in Focus
Gold strength may continue in the near term as the Fed stands firm on their transient inflation outlook. Nevertheless, hotter-than-expected PCE figures on Friday pose a potential headwind to XAU/USD.
Nasdaq 100, DAX 30, FTSE 100 Technical Forecasts for the Week Ahead
Heightened volatility and modest losses have seen the major indices test key trendlines that, if broken, could open the door to deeper declines. In the week ahead, bulls may look…
Bitcoin, Ethereum, Alt-Coins – Buyers Beware, Bullish Sentiment Broken, IRS Weighs In
Wednesday’s violent cryptocurrency capitulation has shattered this year’s bull surge and the market may take a long time to recover if it recovers at all
CAD Technical Forecast: USD/CAD Treading Water Around 2017 Low
USD/CAD has been trading around the 2017 low for nearly two weeks; risk still tilted in favor of more weakness.