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US Dollar Drops Before China GDP, Singapore Dollar Up. Rupiah Eyes Bank of Indonesia

Posted by By 16/01/2022Posted inForex
The US Dollar weakened against ASEAN currencies such as the Singapore Dollar and Thai Baht as Emerging Market sentiment improved. Ahead, China GDP and the Bank of Indonesia are in…
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Weekly Technical US Dollar Forecast: Sell-Off May Be Finished

Posted by By 16/01/2022Posted inForex
The DXY Index’s rebound at a critical support region suggests that the worst of the sell-off may have been completed.
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Markets Week Ahead: Nasdaq 100, US Dollar, Australian Dollar, China GDP, Yen, BoJ

Posted by By 16/01/2022Posted inForex
The Nasdaq 100 slowed its descent despite 40-year high inflation, with the US Dollar pulling back as the Japanese Yen outperformed. The Australian Dollar is eyeing jobs and Chinese GDP…
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Goldman Sachs and Netflix Earnings Eyed as S&P 500 Faces "Reality Check"

Posted by By 16/01/2022Posted inForex
The US stock market is facing sectoral rotation from growth into value stocks, with banks earnings in focus next week. Rising yields and interest rates may undermine tech stocks and…
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Japanese Yen Fundamental Forecast: USD/JPY Eyes Bank of Japan

Posted by By 16/01/2022Posted inForex
The Japanese Yen managed to gain against its G10 peers last week, a rare occurrence as of late. A potential shift in the Bank of Japan's inflation outlook is on…
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Australian Dollar Technical Forecast: AUD/USD Tests Big Levels

Posted by By 16/01/2022Posted inForex
AUD/USD has recovered a portion of its recent losses but bulls have some difficult hurdles to conquer before the trend reverses.
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Euro Forecast: EUR/USD on the Offensive, but Road Ahead Remains Tough

Posted by By 15/01/2022Posted inForex
The Euro took the offensive against the US Dollar last week, but the road ahead for EUR/USD remains tough due to ECB and Fed monetary policy divergences.
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Sterling Technical Forecast: GBP/USD Breakout Exhaustion- Cable Levels

Posted by By 15/01/2022Posted inForex
Sterling surged more than 4.3% off the December lows with the GBP/USD breakout risking exhaustion here into technical resistance. Levels that matter on the weekly chart.
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Gold Price Tracks January Opening Range Going Into Fed Blackout Period

Posted by By 15/01/2022Posted inForex
The price of gold may consolidate during the Federal Reserve’s blackout period as it trades within the opening range for January.
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Crude Oil Technical Forecast: WTI at Risk of Brief Pullback Before the Next Leg Higher

Posted by By 15/01/2022Posted inForex
Oil maintains a positive outlook in 2022, but its overbought condition and price's proximity to key technical resistancemay pave the way for a brief pullback before the next leg higher.
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