Australian Dollar Outlook: AUD/USD, AUD/JPY May Drop as Retail Traders Go Long
The Australian Dollar may fall as retail traders increasingly bet that AUD/USD and AUD/JPY could rise. What are key technical levels to watch for to the downside?
NZD/USD Rebound Aims Higher After Upbeat Consumer Confidence Data
NZD/USD's overnight rebound may extend higher after an upbeat consumer confidence report from ANZ Bank. A broader risk-on tone may see assets move higher in today's Asia-Pacific session.
Nasdaq 100 the Frontrunner on Turnaround Tuesday. Is the Santa Claus Rally On?
The Nasdaq 100 Index gained over 2% as markets recovered from the largest 3-day decline since September.
Australian Dollar Technical Analysis: Bullish Rally Potential Emerges – Setups in AUD/JPY, AUD/USD
Both AUD/JPY and AUD/USD rates have started to show early signs of basing, suggesting that a turn higher may soon emerge.
Gold Price Forecast: Bullish Impulse Fading – Levels for XAU/USD
Last week’s bullish outside engulfing bar isn’t producing much by way of upside for gold prices.
Will the Santa Claus Rally Finally Begin? – MKT Call: Macro
The VIX futures and options expiry is mid-week, potentially clearing the path for risk assets to rally through the end of the year.
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
Omicron variant concerns aren’t weighing significantly on expected rate moves.
Silver Price Forecast: Rebound from Support Looks Unconvincing – Levels for XAG/USD
The rally from recent lows lacks vigor, suggesting that more downside could be ahead.
Crude Oil Outlook:Will Omicron Continue to Hinder Oil Prices?
WTI crude oil prices continue to rise as prices reclaim key psychological levels. Supply constraints and heightened demand likely support the recent rise.
EUR/USD May Have One More Move Left Before Year End
The Euro continues to coil up and move sideways; there are some key levels and lines you will want to watch that could signal the direction of one last move…