EUR/USD At Risk of Retreat Below 1.05 Key Level
EUR/USD faces significant headwinds around the 1.05 level. A host of key data releases lie ahead this week which could facilitate the pairs next move.
Crude Oil Weekly Forecast: Brent Dampened by China’s COVID, OPEC+ & U.S. Data to Follow
Brent crude oil extends its move downward after market sentiment soured on the back of a worsening COVID situation in China while focus shifts to OPEC+ and US data.
Japanese Yen Technical Outlook: More USD/JPY Weakness Ahead?
The failure of USD/JPY to extend gains last week could be a warning sign of some more downside in the near term. How much more weakness may be ahead, and…
Australian Dollar Blitzed by China Covid Concerns Souring Sentiment. Where to for AUD/USD?
The Australian Dollar is under pressure again after the US Dollar reclaimed the ascendency amid a market rout as China faces domestic heat over continuing Covid-19 related lockdowns.
EUR/USD Technical Outlook: Retreat Imminent?
The recent stalling of momentum is a sign that the Euro’s rally against the US Dollar is showing signs of fatigue, pointing to the risk of an imminent retreat. If…
US Dollar Grabs the High Ground on Growth Risks. Will the USD (DXY) Index Bounce?
The US Dollar steadied into the trading week as global economic conditions continue to flag warnings for prospects going forward. Has the DXY put a bottom in place?
Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, British Pound, Euro, Gold
A holiday-shortened week saw some impressive moves across a range of financial markets, buoyed by a slightly less hawkish FOMC.
GBP/USD Technical Outlook: Time For a Breather
GBP/USD’s spectacular two-month rally could be due for a breather. What are the signposts to watch?
Japanese Yen Weekly Forecast: 140 Key for USD/JPY Ahead of U.S. Economic Data
The Japanese Yen looks to face a week stacked with U.S. centric data which could give USD/JPY traders some guidance as we head into December.
Euro Week Ahead: EUR/USD Heading for Best Month Since 2010? Eyes on Eurozone CPI
The Euro is likely heading for its best month since September 2010 as the markets focus on relativity between the Fed and ECB. EUR/USD is eyeing Eurozone CPI and non-farm…