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Oil Fundamental Forecast: WTI to Head Lower in Q2 as Fundamentals Weaken

Posted by By 09/04/2023Posted inForex
OPEC forecasts a drop in global oil demand in Q2 as the Biden administration backtracks on SPR refills, effectively removing a zone of support
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Euro Q2 Technical Forecast: EUR/USD Presents Attractive Price Action for Now

Posted by By 08/04/2023Posted inForex
Despite retaining a positive bias in early 2023, EUR/USD has lacked strong bullish conviction. The outlook, however, could change if prices break out of recent ranges.
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Japanese Yen Q2 2023 Fundamental Forecast: Safe Haven Appeal to Keep Yen Supported

Posted by By 08/04/2023Posted inForex
The Yen looks set to benefit from its safe-haven appeal, while the incoming BoJ Governor Ueda is likely to keep policy unchanged in the short-term.
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British Pound Q2 2023 Technical Forecast: GBP/USD and EUR/GBP

Posted by By 08/04/2023Posted inForex
Are there any attractive Q2 set-ups against Sterling? Two currencies spring to mind.
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Will Systemic Risks Make or Break Bitcoin in Q2?

Posted by By 08/04/2023Posted inForex
As fears of financial instability continue to drive risk sentiment, Bitcoin prices have surged and could continue to be driven by the same systemic risks in the second quarter.
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Gold Q2 2023 Technical Forecast: Uncertainty Lies Ahead for XAU/USD

Posted by By 07/04/2023Posted inForex
Spot gold looks to the upside at the start of Q2 2023 from a technical perspective as XAU/USD eyes the $2000 resistance handle, but how long will this last?
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US Dollar Outlook – Direction of Travel May Be Lower as Jobs Data Overstates Strength

Posted by By 07/04/2023Posted inForex
The U.S. dollar traded slightly higher heading into the weekend following the release of the March U.S. jobs report, but is likely to head lower if the Fed embraces a…
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March Jobs Report: Nonfarm Payrolls Rise by 236,000, Wage Growth Cools to 4.2%

Posted by By 07/04/2023Posted inForex
The U.S. economy added 236,000 jobs in March, a healthy but slower pace of hiring than seen earlier in the year. Meanwhile, the unemployment rate fell to 3.5% from 3.6%…
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Australian Dollar Drops as Currency Markets Await US NFPs, Will AUD/USD Keep Going?

Posted by By 07/04/2023Posted inForex
The Australian Dollar fell as US jobless claims data briefly jittered markets ahead of the highly anticipated non-farm payrolls report. Will AUD/USD extend lower next?
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Bitcoin Poised for a Breakout as Possibility of a Demand Surge Grows

Posted by By 06/04/2023Posted inForex
Is Bitcoins recent pause setting up the world largest crypto for a volatile breakout to rival the bullish cycles of 2019 and 2021? Or will deleveraging play a part as…
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