US Dollar Technical Forecast for the Week Ahead
The Dollar sell-off following Friday’s CPI number has the DXY running lower towards the 200-day MA.
Canadian Dollar Forecast: Outlook Hinges on Inflation Data Following USDCAD Plunge
Inflation data comes into focus for Loonie traders after a major week for USDCAD.
Japanese Yen Technical Outlook: Is the USD/JPY Rally Done?
A sharp slide last week has raised the odds of an interim top in USD/JPY. How could the trend play out in the short term and what are the signposts…
EUR/USD Rate Eyes August High Ahead of US Retail Sales Report
EUR/USD is on track to test the August high (1.0369) ahead of the US Retail Sales report amid growing speculation for a smaller Federal Reserve rate hike in December
GBP Technical Forecast: Sterling Drivers Remain Limited Despite USD Boost
The pound may appear to have turned a corner when viewed against the dollar but wider comparisons confirm that GBP remains under pressure
Gold Price Forecast: Soft US Inflation Data Has XAU/USD Eyeing Less Hawkish Fed
Gold prices rallied the most since March 2020 last week as a softer US inflation report saw traders price in a less hawkish Federal Reserve. Ahead, eyes are on Fedspeak,…
WTI Crude Oil Technical Forecast: Morning Star Candlestick Pattern Hints at Higher Prices
WTI price action not providing the clearest picture at present. Any further gains likely to be capped by double top formation.
US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields
The U.S. dollar could extend its near-term correction as slowing U.S. inflation could keep Treasury yields biased to the downside as traders reprice lower the path of monetary policy.
S&P 500, Nasdaq, Dow Jones, DAX Forecast for the Week Ahead
If stocks don't sell-off on bad news, there's probably something else going on. And for the Nasdaq and S&P 500, that may be a continued squeeze after bullish breaks of…
Cryptocurrency Meltdown Pauses After FTX and Alameda Implosion
Two of the biggest names in the cryptocurrency market, FTX and Alameda, may be worthless now after revealing losses running into billions of US dollars.