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US Dollar Technical Analysis: Test of Support Lies Just Ahead

Posted by By 08/11/2022Posted inForex
The DXY looks poised to decline into support in the very near future; test could have intermediate-term implications.
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S&P 500 Price Update: US Equities Appear Upbeat Ahead of Major Event Risk

Posted by By 08/11/2022Posted inForex
Risk appetite has risen in recent days upon hopes of China easing up on its zero Covid strategy. But, inflation and the economy remain the chief concerns for equity markets
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GBP/USD Surrenders 1.15 Confluence Area, Short-Term Upside Remains a Possibility

Posted by By 08/11/2022Posted inForex
Cable enjoyed a bullish start to the week with further gins likely to depend on the US inflation print. Will we see a return of dollar bulls?
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Euro (EUR) Latest: Hawkish ECB Talk Boosts the Euro, EUR/USD Parity Being Tested

Posted by By 08/11/2022Posted inForex
ECB board members have been out on the wires confirming that the central bank will continue to target inflation with higher rates for longer, and that’s giving the single currency…
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Crude Oil Forecast: Brent Limited by China’s COVID Policies and Stronger USD

Posted by By 08/11/2022Posted inForex
Brent crude cautiously awaits US midterm results as it trades lower after Chinese reopening concerns.
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GBP/USD Technical Outlook: Has the British Pound Bottomed?

Posted by By 08/11/2022Posted inForex
The British Pound’s rally against the US Dollar has slowed down recently. What does this mean for the medium-term trend and what are the signposts to watch?
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Euro Holds High Ground as US Dollar Sidelined Ahead of Mid-Terms. Higher EUR/USD?

Posted by By 08/11/2022Posted inForex
Euro, EUR/USD, US Dollar, Mid-term, Crude Oil, Gold, RBNZ, Orr - Talking Points
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Bitcoin and Ethereum Technical Outlook: Have They Run Their Course?

Posted by By 08/11/2022Posted inForex
Bitcoin and Ethereum are testing stiff hurdles, raising the odds that the recent rally may have run its course. What is the outlook and what are the levels to watch?
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Dollar Collapse Paused and S&P 500 Unsure as Extreme Volatility Confronts CPI Wait

Posted by By 08/11/2022Posted inForex
Last week ended on a full-blown tumble from the US Dollar, but that unexpected plunge didn’t readily carry over to the new trading week. Systemic uncertainties remain but catalysts to…
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Copper Prices May Resume Triangle Breakout as Speculators Ease Short Bets

Posted by By 08/11/2022Posted inForex
Copper prices are slightly lower in Asia-Pacific trading, but last week’s triangle breakout may resume as speculators trim short bets. China poses the biggest question mark for the red metal.
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