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US Dollar Looks Increasingly Vulnerable: USD/SGD, USD/THB, USD/IDR, USD/PHP

Posted by By 24/12/2021Posted inForex
The US Dollar appears vulnerable to ASEAN currencies. USD/SGD is eyeing a Triple Top as USD/IDR broke under a Rising Wedge. Will USD/PHP losses resume after a trendline breakout?
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Gold Prices Lift as the US Dollar Battles Sentiment. Will XAU/USD Break Higher?

Posted by By 24/12/2021Posted inForex
Gold prices moved toward the upper band of recent ranges as risk appetite improved, undermining the US Dollar. Will XAU/USD shine?
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AUD/USD Gains on Encouraging Covid Data as S&P 500 Closes at Record High

Posted by By 24/12/2021Posted inForex
AUD/USD put in a fresh December high overnight as risk assets rallied on ebbing Covid fears. The APAC session may be subject to lighter-than-usual trading volumes as markets wind down…
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US Dollar Forecast: DXY Index at Ascending Triangle Support, USD/JPY Eyes 2021 Highs

Posted by By 23/12/2021Posted inForex
The US Dollar (via the DXY Index) is plodding along near ascending triangle support.
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Bitcoin (BTC/USD) Prices Test Resistance, Risk Sentiment Bolsters Gains

Posted by By 23/12/2021Posted inForex
Bitcoin prices temporarily rise above trendline resistance as US sentiment supports riskier assets. Is a potential ‘Santa Claus’ rally fueling demand for stocks and digital assets?
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British Pound Technical Analysis: GBP/JPY, GBP/USD, EUR/GBP Rates Outlook

Posted by By 23/12/2021Posted inForex
The turn higher by GBP-crosses may have more room to run through the end of 2021.
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Will the Santa Claus Rally Finally Begin? – MKT Call: Macro

Posted by By 23/12/2021Posted inForex
The VIX futures and options expiry was on Wednesday, potentially clearing the path for risk assets to rally through the end of the year.
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US Core PCE Hits 4.7%, Beating Expectations, US Dollar (DXY) Moves Higher

Posted by By 23/12/2021Posted inForex
The Fed's favored measure of US inflation, core PCE, rose by 4.7% on an annualized basis.
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Bank of England Hiking Cycle: FTSE 100, FTSE 250, GBP/USD, GBP/EUR Analysis

Posted by By 23/12/2021Posted inForex
BoE rate hike impact on UK assets 3-months after liftoff
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High Beta Currencies Benefit From Year-End Short Squeeze, Reflecting on GBP/JPY Top Trade

Posted by By 23/12/2021Posted inForex
Year-End Short Squeeze and Thin Volumes Exacerbates FX Price Action
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