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Japanese Yen Forecast: USD/JPY Rally at Risk into Resistance / FOMC

Posted by By 16/03/2021Posted inForex
The USD/JPY breakout is eyeing critical resistance with the FOMC & BoJ rate decisions on tap this week. These are the levels that matter on the weekly technical chart.
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USD/CAD Decline Stalls Ahead of Canada CPI, Fed Rate Decision

Posted by By 16/03/2021Posted inForex
Key event risk on tap for later this week may sway the near-term outlook for USD/CAD if the Federal Reserve adjusts the forward guidance for monetary.
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Dow Jones, S&P 500, Nasdaq 100 Technical Analysis: Old School Leading

Posted by By 16/03/2021Posted inForex
The U.S. markets are generally strong these days; hard to fight, but paying up presents its own risk as pullback risk climbs.
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February Retail Sales Miss Expectations in Stimulus Check Interlude, USD Stronger

Posted by By 16/03/2021Posted inForex
Retail Sales in February printed at -3.0%, sharply lower than forecast of -0.5%, as consumer spending slowed after booming in January.
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Japanese Yen Forecast: FOMC vs BoJ, USD/JPY Vulnerable to a Reversal

Posted by By 16/03/2021Posted inForex
USDJPY implied volatility at highest level since US election as focus turns to FOMC and BoJ.
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USD/ZAR Outlook: South African Rand Stable Ahead of Fed Announcement

Posted by By 16/03/2021Posted inForex
The Rand remains at risk of wiping out recent gains depending the upcoming FOMC meeting , while strong technical patterns remain.
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DAX 30 Forecast: Fed Meeting in Focus as Indecision Pushes for Consolidation

Posted by By 16/03/2021Posted inForex
Rising bond yields see indecision creep into the DAX 30 as strong resistance emerges at 14,600
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Bitcoin (BTC/USD), Ethereum (ETH/USD) Price Outlook – Sharp Sell-Off Looks Contained

Posted by By 16/03/2021Posted inForex
The recent sharp sell-off in the cryptocurrency market looks like it has now finished and fresh all-time highs may be brewing.
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British Pound (GBP) Latest: GBP/USD Still Edging Lower Ahead of BoE

Posted by By 16/03/2021Posted inForex
GBP/USD continues to ease back after failing to overcome resistance at 1.40 ahead of Thursday’s meeting of the Bank of England’s rate-setting monetary policy committee.
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Euro Forecast: EUR/USD Resilient Despite Vaccine Setback, Dovish ECB

Posted by By 16/03/2021Posted inForex
The Euro has remained resilient in the face of worrisome news on the vaccine front and the dovish stance of the ECB, which suggests that EUR/USD rates could extend recent…
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