British Pound Outlook: GBP/USD, EUR/GBP, GBP/JPY Technical Forecast
The British Pound (GBP) has remained resilient against USD, EUR and JPY as price action tests critical levels. GBP/USD, EUR/GBP, GBP/JPY technical levels.
Gold Prices Eye Fed Chair Jerome Powell Testimony and Inflation Data
Gold prices fell last week as Fed rate hike bets strengthened. Bullion traders expect a busy week ahead, with Fed Chair Jerome Powell set to testify before Congress and CPI…
Mexican Peso Weekly Forecast: U.S. Inflation Data May Spark a Rebound in USD/MXN
Market attention will focus on the U.S. inflation report next week. If December CPI accelerates further, bond yields are likely to gain more ground, fueling a bullish response in USD/MXN.
Stock Market Forecast for Next Week: Dipping Towards Big Support
Stocks are in pullback mode off record highs, looking towards support a bit lower to see if this is a minor correction or the beginning of a broader decline.
Bitcoin (BTC), Ethereum (ETH) – Collapsing Into Multi-Month Support as Sellers Triumph
A bad start to the year for Bitcoin and Ethereum holders with sellers taking control and driving the price ever lower. Important support nears.
Canadian Dollar Technical Forecast: USD/CAD, CAD/JPY
USD/CAD has retreated to a key area of longer-term support, but CAD bulls may find more potential on the CAD/JPY chart as looked at in this week's Canadian Dollar technical…
Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?
The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD?
Gold Technical Forecast: Gold Poised to Breakout of Fibonacci Trap
Gold prices are carving the January opening-range between key Fibonacci levels- the 618 battle lines are drawn. Levels that matter on the XAU/USD weekly chart.
US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Dec 23, 2021 when US 500 traded near 4,725.70.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.
GBP Fundamental Forecast: Sterling May be due a Breather but Remains Bullish
The Pound Sterling continues its stellar performance and while it may be due a pullback, the outlook remains bullish