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NZD/USD Rate Defends January Opening Range Ahead of US CPI

Posted by By 12/01/2022Posted inForex
NZD/USD may stage a larger rebound over the coming days as the exchange rate defends the opening range for January.
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AUD/USD Eyes Chinese Inflation Data After US Dollar Takes Hit on Powell Testimony

Posted by By 12/01/2022Posted inForex
The Australian Dollar gained versus a broadly weaker US Dollar after Fed Chair Powell testified before Congress overnight. Chinese inflation and factory-gate prices are on tap for today's APAC sess...
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Long GBP/JPY as the Carry Trade Theme Re-Emerges in 2022: Top Trade Q1 2022

Posted by By 11/01/2022Posted inForex
The Yen remains a popular currency in FX markets for many reasons and in this case it's due to its appeal in the "carry trade". A carry trade exists whenever…
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Nasdaq 100 & ARKK Blast Higher, but US CPI Data May Spark a Reversal. Dead Cat Bounce?

Posted by By 11/01/2022Posted inForex
Nasdaq 100 & ARKK built on yesterday's recovery and posted big gains on Tuesday, but the rebound could soon be reversed if U.S. inflation data triggers further rises in bond…
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US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY

Posted by By 11/01/2022Posted inForex
Tomorrow brings a highly-anticipated CPI report out of the U.S., with expectations for a 7-handle on the headline print. This webinar looked at various scenarios around the theme.
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Gold Price Recovery Emerges Ahead of US CPI Report Despite Hawkish Fed

Posted by By 11/01/2022Posted inForex
Fresh developments coming out of the US may keep the price of gold afloat as inflation is expected to pick up for the fourth consecutive month.
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Sterling Technical Forecast: GBP/USD Rips to Persistent Resistance

Posted by By 11/01/2022Posted inForex
The Sterling rally is trying to mark a fourth consecutive week with GBP/USD now approaching multi-month downtrend resistance. Levels that matter on the weekly chart.
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Canadian Dollar Forecast: Oil Fueling Loonie’s Rise – Setups in CAD/JPY, USD/CAD

Posted by By 11/01/2022Posted inForex
Continued gains by crude oil prices are helping propel the Canadian Dollar at the start of 2022.
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US Rates Run as Markets Gear Up for Possible March Rate Hike – Stocks Wobble

Posted by By 11/01/2022Posted inForex
U.S. equities started the weak with a sell-off but a strong bounce developed mid-session yesterday. And tomorrow brings a highly-watched CPI report with headline inflation expected to print a 7-han...
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Dow Jones, S&P 500, Nasdaq 100 Forecast: Reversal Off Support Bullish

Posted by By 11/01/2022Posted inForex
The market tested important trend support and showed signs that the pullback may be over; levels and scenarios to watch.
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