Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
The Dow Jones and S&P 500 rose as the Nasdaq 100 ranged. Treasury yields seem to be on the rise, with stocks eyeing Fed Chair Jerome Powell, FOMC Minutes and…
Dollar Outlook Finds Strong EURUSD and GBPUSD Ranges, AUDUSD Breakout Potential
The Dollar ended this past week with an impressive tempo on a reversal from 93.20 for the DXY and 1.1700 for EURUSD. While ranges look the more feasible path next…
USD/ZAR Outlook: Doubtful South African Rand Centers on FOMC
The rand heads into the week with its focus firmly on local economic data and the upcoming FOMC meeting which could provide near-term directional bias for USD/ZAR.
Australian Dollar Technical Forecast: AUD/USD, GBP/AUD, AUD/JPY Chart Setups
The Australian Dollar faces actionable trade setups versus the US Dollar, British Pound, and Japanese Yen. Here are the levels to watch.
Euro Forecast: EUR/USD Prepares to Break Critical 1.17 Support Level
Stronger GDP growth in the US than the Eurozone this year and an earlier tightening of US monetary policy will likely continue to put downward pressure on EUR/USD, taking it…
GBP/USD Outlook Mired by Failure to Push Above 50-Day SMA
The negative slope in the 50-Day SMA (1.3884) casts a bearish outlook for GBP/USD amid the string of failed attempts to push back above the moving average.
Gold Flash Crash Reversed, Fed Gears Up for Taper Signal
Gold breaks key pivot, resistance ahead likely to cap. Fed Officials talk tapering.
US Dollar Forecast: FOMC Minutes to Detail Tapering Debate
The US Dollar pivoted lower this past week with USD price action weakening broadly on the back of decelerating inflation and plunging consumer sentiment. Will FOMC minutes revive US Dollar…
Dow Jones, Nasdaq 100, and S&P 500 Tech Forecasts for the Week Ahead
US equities gained again this week with fresh all-time-highs in both the Dow and the S&P 500.
Bitcoin (BTC), Ethereum (ETH) Probing Multi-Week Highs, Alt-Coin Surge Continues
Bitcoin is set to print its 4th weekly green candle in a row, the first time this has happened since late January when prices rallied to a fresh all-time high…