Australian Dollar Short-term Outlook: AUD/USD Breakdown Levels
Australian Dollar losses keep mounting with Aussie now approaching yearly downtrend support on a five-day decline. Levels that matter on the AUD/USD technical charts.
FX Week Ahead – Top 5 Events: UK GDP; FOMC Minutes; US Inflation Rate; China Inflation Rate; US Retail Sales
The coming week will feature growth and inflation data from several of the world’s major economies.
Crude Oil Price Forecast: Back into Dynamic Support/Resistance Zone – What’s Next?
The crude oil price rally is facing its first challenge.
Gold Price Outlook Bearish on Strong US Dollar, Hawkish Fed; XAU/USD Eyes US CPI
Gold prices slump on Monday amid rising U.S. dollar and fears that the Federal Reserve will follow through on its plans to raise interest rates aggressively in the coming months
S&P 500 Extends Slide as Traders Eye Economic Data, Bank Earnings
Stocks slide to start the week as bond futures point to soaring US Treasury yields.
Dax 40 Holds Ground as Energy Stocks Rise – Resistance Remains Key
Dax futures remain supported by energy stocks as bulls aim to clear critical resistance. With both Fibonacci levels and historical highs posing a threat for buyers, this week’s event risk…
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
Volatility continues to run in the British Pound after last week’s recovery started to get faded, and GBP/USD is threatening a break back-below the 1.1000 psychological level.
AUD, NZD Outlook: Weak Chinese Data Weighs on Aussie and Kiwi Dollar
Weak Chinese data plagues AUD and NZD as the FED continues to hike aggressively. Proximity to China and higher US rates/USD weigh on the currencies
Euro Forecast: EUR/USD Sinks Further, 20-Year Low Back in Play
The latest round of Russian missile strikes in Ukraine has driven risk-averse investors back into the arms of the US dollar, and that is sending EUR/USD ever lower.
Gold Outlook: XAU/USD Facing Strong Fundamental Headwinds, YTD Lows in Sight Once More
The precious metal has come under renewed pressure as it trades back below the key $1700 level. Will we see a new YTD low?