EUR/USD Technical Analysis: Important Test Underway
EUR/USD is testing an important area of resistance within the context of a downtrend; what happens here will be important for its outlook.
US Dollar (DXY) Treading Water as US Inflation Report Nears
The US dollar is quiet ahead of Friday's US Inflation Report which is expected to show price pressures in the US hitting another three-decade high.
Pound Sterling Price Analysis: GBP/USD Selling Pressure Continues as Institutions Weigh-in
An already underperforming Pound Sterling has been hit by the UK gov’s enhanced restrictions dubbed “Plan B”. Key Technical levels considered.
Australian Dollar Forecast: Aggressive AUD/USD Rebound Facing Topside Hurdle
Sharp AUD/USD Rebound To Face Marginal Pullback as Risk Appetite Sours
FTSE 100 Price Outlook: London Stocks to Advance Further as UK Rate Hike Fears Fade
The Bank of England looks increasingly unlikely to increase UK interest rates next Thursday, and that’s positive for the FTSE 100 index of the major London-listed stocks.
British Pound Wilts on Omicron Restrictions and a Less Hawkish BOE. Where To GBP/USD?
The British Pound continues to give up ground on new Covid-19 restrictions and as the BOE is seen as less likely to raise rates. Is the downtrend intact for GBP/USD?
Crude Oil Rose as Omicron Pfizer Vaccine Study Boosted WTI Outlook, Where to?
WTI crude oil prices climbed as Pfizer showed that a third dose of their vaccine offered some protection against the Omicron Covid-19 variant. Will the commodity breach key resistance?
Gold Price Forecast: XAU Fundamentals Look Bleak But Upside Potential Lingers
Gold prices have been ranging over the last 24 hours as stock market volatility cooled. The upside path for XAU is cloudy, but geopolitical factors present a possible spark to…
AUD/USD Dances on China CPI and PPI Gap. Will the Aussie Hold Ground?
The Australian Dollarappears comfortable holding higher ground as China's inflation gauges show a burgeoning gap between CPI and PPI. Will AUD/USD stay strong?
Australian Dollar Prepares for Chinese Inflation and Factory Gate Prices Data
The Australian Dollar is in focus as China readies to release consumer inflation and factory gate prices for November. AUD/USD looks to rise for a fourth session as prices test…