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USD/JPY Rises Amid Volatile Trading as APAC Session Eyes Chinese Inflationary Gauges

Posted by By 09/03/2022Posted inForex
The Japanese Yen fell versus the US Dollar as Wall Street traders were whipsawed in another volatile day of equity trading. APAC traders eye February inflation and producer price data…
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Canadian Dollar Forecast: USD/CAD Eyes 2021 High with US CPI on Tap

Posted by By 08/03/2022Posted inForex
Data prints coming out of the US may fuel the recent advance in USD/CAD as the Consumer Price Index (CPI) is expected to increase for the sixth consecutive month.
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S&P 500 Forecast – After Brief Dead Cat Bounce Bears Regain Market Control

Posted by By 08/03/2022Posted inForex
The S&P 500 ends the day lower and falls for the fourth consecutive day in a volatile trading session amid rising geopolitical risks stemming from the war in Ukraine.
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Euro Forecast: EUR/USD Rebound Emerges Ahead of ECB Rate Decision

Posted by By 08/03/2022Posted inForex
The European Central Bank (ECB) interest rate decision may curb the recent rebound in EUR/USD as the Governing Council is widely expected to retain the current policy.
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Crude Oil Forecast: Oil Explodes Towards Record High As War Deepens

Posted by By 08/03/2022Posted inForex
Oil prices have exploded amid the Russian invasion of Ukraine- a technical breakout of the uptrend risks a run on the highs. The levels that matter on the weekly chart.
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Top Trade and Market Opportunities In Q1 of 2022

Posted by By 08/03/2022Posted inForex
DailyFX analysts give their expert predictions and their 2022 Q1 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...
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Canadian Dollar Outlook: USD/CAD Blasts Through Resistance & Sets New 2022 High

Posted by By 08/03/2022Posted inForex
The Canadian dollar is failing to capitalize on the strong rally in oil prices, as investors fear that the energy market crisis could create a stagflationary environment.
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US Dollar Forecast: DXY Breakout Continues; USD/JPY Remains in Triangle

Posted by By 08/03/2022Posted inForex
The US Dollar (via the DXY Index) is holding near its highest level since May 2020.
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AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Feb 28, 2022 11:00 GMT when AUD/USD traded near 0.73.

Posted by By 08/03/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bearish contrarian trading bias.
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FTSE 100 Forecast: UK Benchmark Halts Recent Skid Despite Risks to EU, Sluggish Wall Street Trade

Posted by By 08/03/2022Posted inForex
The FTSE 100 posted decent gains on Tuesday despite worrying price action on Wall Street and lingering fears surrounding the war in Ukraine.
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