USD/CAD Rate Outlook Hinges on Canada Employment Report
Data prints coming out of Canada may keep USD/CAD under pressure as employment is expected to increase for the fourth consecutive month.
Japanese Yen Technical Forecast: USD/JPY Surges to Multi-Decade High
The Dollar breakout may be vulnerable as the Japanese Yen attempts to mount a counter-offensive off multi-year extremes. Levels that matter on the USD/JPY weekly chart.
FX Week Ahead – Top 5 Events: UK No-Confidence Vote; RBA Rate Decision; ECB Rate Decision; Canada Jobs Report; US Inflation Rate
The first full week of June will see several ‘high’ rated data releases from all around the globe.
Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/AUD
The ECB meets on Thursday and with inflation running over 8% the big question is when the ECB will make that first move and by how much.
S&P 500 Cools from Premarket Highs as Traders Brace for Major Event Risk
The S&P 500 has retreated from session highs around 4170 to post modest gains of roughly 0.4%.
Crude Oil Price Forecast: Technicals Turn More Constructive – What's Next?
Crude oil prices have traded through and sustained a move above multi-month range resistance.
Gold Price Forecast: Gold Recovery Builds Rising Wedge to Resistance
Gold prices have recovered quite a bit since the May low, but that recovery has taken on the form of a rising wedge moving right up to a key level…
Monthly Forex Seasonality – June 2022: Weaker USD, Stronger AUD, CAD, & NZD
The sixth month of the year is usually good for risk, and weaker for the US Dollar.
USD/CAD Technical Outlook: Trending Towards Big Support
USD/CAD weakness has been extremely persistent; floor below under 12500 looks at risk of getting tested soon.
Euro Price Forecast: EUR/USD Gearing Up for ECB Rate Decision
The euro is in for a big week with the ECB rate decision later this week, while EUR/USD is on the cusp of key area of confluence.