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Gold Prices Struggle as US Retail Sales, Consumer Confidence Data Approach

Posted by By 14/01/2022Posted inForex
Gold prices struggled to capitalize as the US CPI report knocked back the Dollar. The spotlight now turns to retail sales and consumer confidence data, with the Fed outlook in…
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Euro Boosted by US Dollar Decline as Markets Price In Fed Rate Hikes. Where to for EUR/USD?

Posted by By 14/01/2022Posted inForex
The Euro continues to move higher as the markets now seem comfortable with their pricing of the Fed's hawkishness. Has EUR/USD put in a low for the year?
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Australian Dollar Shrugs off China Trade Surplus Surge, Where to for AUD/USD?

Posted by By 14/01/2022Posted inForex
The Australian Dollar brushed aside China’s trade surplus surging as imports materially slowed. If this trend continues, will the AUD/USD be left vulnerable?
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S&P 500 Index Pulls Back on Hawkish Fed Comments, APAC to Open Lower

Posted by By 14/01/2022Posted inForex
The S&P 500 index plummeted 1.42% following a slew of hawkish-biased Fed speeches. Technology stocks underperformed, weighing on sentiment across Asia Pacific markets. US bank earnings are in focus...
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Chinese Yuan Forecast: USD/CNH Targets Key Resistance Ahead of China’s Trade Data

Posted by By 14/01/2022Posted inForex
The Chinese Yuan is on track to hold onto its gains versus the US Dollar as the APAC trading week wraps up. APAC traders have China's December trade data and…
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USD/CAD Extends Bearish Price Series Ahead of US Retail Sales Report

Posted by By 13/01/2022Posted inForex
USD/CAD remains susceptible to a further decline as the exchange rate extends the series of lower highs and lows from the start of the week.
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Nasdaq 100 Plummets Amid Widespread Tech Weakness, but Airlines Buck the Trend

Posted by By 13/01/2022Posted inForex
The Nasdaq 100 sank on Thursday, dragged down by a large sell-off in the tech space, but the reopening trade rallied on expectations the end of the pandemic will unleash…
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AUD/USD Clears December High After Defending Monthly Opening Range

Posted by By 13/01/2022Posted inForex
AUD/USD may stage a larger recovery over the coming days as the exchange rate clears the December high (0.7278) after defending the opening range for January.
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New Zealand Dollar Technical Forecast: NZD/USD Rally Faces First Test

Posted by By 13/01/2022Posted inForex
New Zealand Dollar surged to multi-week highs today with the Kiwi recovery now eyeing a technical pivot zone. The levels that matter on the NZD/USD weekly chart.
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EUR/USD Technical Analysis: Euro Breakout to Resistance, EUR/USD Levels

Posted by By 13/01/2022Posted inForex
Euro bulls were finally able to force a breakout in EUR/USD. But - now what? Will the pair find further bullish drive or will USD bulls respond after a fast…
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