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EUR/USD Falters Amid Fed Speeches but DAX and FTSE Resilience Holds

Posted by By 05/04/2022Posted inForex
A series of Fed speeches & optimistic ISM data drive EUR/USD lower. Dax loses grip but remans resilient above 14,000. FTSE reclaims 7,600 but can bullish momentum hold?
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Australian Dollar Technical Outlook: Aussie Exhaustion Risk

Posted by By 05/04/2022Posted inForex
Australian Dollar rallied nearly 10% off the yearly lows with the breakout now probing critical uptrend resistance. Levels that matter on the AUD/USD technical charts.
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S&P 500, Nasdaq 100 Forecasts: Stocks Stall as Treasury Yields Surge

Posted by By 05/04/2022Posted inForex
The focus is on the Fed this quarter and we're already hearing some hawkish Fed-speak which is pushing Treasury yields higher - but will the FOMC actually deliver?
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ISM Services Gauge Jumps and Dispels Recession Fears, US Dollar Gains as Yields Rise

Posted by By 05/04/2022Posted inForex
U.S. services sector growth picks up momentum and rebounds in March after a moderate performance in February, allaying recession fears and lifting the U.S. dollar.
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EUR/USD Technical Analysis: Trending Back Towards March Low

Posted by By 05/04/2022Posted inForex
The EUR/USD is falling again and could be on its way back to the March lows and worse; levels and lines to watch in the near-term.
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GBP/USD Held in Check by US Dollar Headwinds

Posted by By 05/04/2022Posted inForex
Sterling is nudging higher against the US dollar, but with little in the way of UK data for the rest of the week, the greenback will continue to drive GBP/USD.
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USD/JPY Price Outlook: Kuroda Monitoring “Rapid moves”, Household Spending Improves

Posted by By 05/04/2022Posted inForex
BoJ Governor Kuroda remains supportive of weaker yen but expressed concern over “rapid moves”. Household spending increases but masks challenges to disposable income
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Australian Dollar Forecast: Key AUD/USD Levels to Watch

Posted by By 05/04/2022Posted inForex
Outlook for AUD/USD remains geared towards 0.7800 as RBA prepares markets for higher interest rates.
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EUR/USD Forecast: Proposed Sanctions Unmasks Key Level as Euro Fades

Posted by By 05/04/2022Posted inForex
Technical patterns on EUR/USD show price action testing crucial levels as intended U.S. and European sanctions create downside pressure for the Euro.
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Australian Dollar Boosted by RBA Hinting at Hikes. New Peaks for AUD/USD?

Posted by By 05/04/2022Posted inForex
The Australian Dollar was lifted by commentary rather than action from the RBA. They left rates unchanged at 0.10% as they await Q1 CPI.
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