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S&P 500 Run Looks to Earnings, Dollar Tumble to Rate Forecasts, Bitcoin to Market Stability

Posted by By 12/11/2022Posted inForex
The market received a broad jolt of volatility this past week from US indices to the Dollar pairs to cryptocurrencies. Seasonal expectations may support ‘hope’ for a return to quiet,…
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Australian Dollar Outlook: US Dollar Crunch Boosts Aussie

Posted by By 12/11/2022Posted inForex
The Australian Dollar roared to life last week after soft US CPI data sent Treasury yields and the US Dollar to the basement on hopes of a Fed pivot. Will…
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Gold Price Forecast: Gold Breakout Underway as Silver Eyes Resistance

Posted by By 11/11/2022Posted inForex
A gold price breakout is underway with a rally of nearly 5% taking price though yearly downtrend resistance. Levels that matter on the XAU/USD weekly technical chart.
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British Pound Weekly Forecast: Data Filled Week for GBP

Posted by By 11/11/2022Posted inForex
GBP/USD pushed higher last week but with a full UK economic calendar ahead, cracks could start to appear.
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Bitcoin Falls, ETH Tests Support on Fears of Cascading Crypto Crisis after FTX BK

Posted by By 11/11/2022Posted inForex
It was a big week for crypto and the worst does not seem to be over yet as this morning brings news of FTX bankruptcy and resignation of the embattled…
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US Consumer Sentiment Falls to Lowest Level Since July, Reinforcing US Dollar Weakness

Posted by By 11/11/2022Posted inForex
U.S. consumer sentiment halted its recovery in November and fell to its lowest level since July, a sign that Americans are becoming more pessimistic about the economic outlook.
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Crude Oil Price Still Building Big-picture Base

Posted by By 11/11/2022Posted inForex
WTI oil continues to build a broad base that could end up leading to an explosive move higher at some point in the not-too-distant future.
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USD/CAD Slides as the Dollar Index Suffers Worst Day of Losses in 2022

Posted by By 11/11/2022Posted inForex
USD/CAD finally breaks below the stubborn 1.35 level. Following the US CPI print are we seeing the beginning of a slowdown in rate hikes?
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EUR/USD Latest: EURUSD Prints Largest Single Day Rise Since 2020

Posted by By 11/11/2022Posted inForex
EUR/USD posted its highest single day rise since the start of the pandemic as softer US CPI data resulted in a sizeable downward revision in the dollar as well as…
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USD/JPY Weakness Leaves 140.00 as the Next Downside Objective

Posted by By 11/11/2022Posted inForex
USD/JPY made a failed attempt to break below 140 yesterday after the latest US inflation report showed price pressures cooling in the States.
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