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Oil Price Forecast: WTI and Brent Face Challenges as Chinese Economy Remains in Focus

Posted by By 19/06/2023Posted inForex
Oil prices eye further gains as market participants weigh up potential stimulus from the PBoC. Can oil prices ignore the noise and tick higher?
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FTSE, DAX, S&P 500 Outlook: Indices Begin Week on a More Cautious Note

Posted by By 19/06/2023Posted inForex
Outlook on FTSE 100, DAX 40 and S&P 500 following last week’s Fed, BoE and BoJ monetary policy meetings.
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GBP/USD Price forecast: BoE Eyes UK CPI Ahead of Rate Decision

Posted by By 19/06/2023Posted inForex
GBP/USD holds steady going into a data heavy week with the recent pound rally looking to be slowing.
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Euro After ECB Rate Hike: EUR/USD, EUR/AUD, EUR/GBP Price Setups

Posted by By 19/06/2023Posted inForex
EUR could attempt to recoup some of the recent losses against some of its peers, thanks to ECB’s hawkish hike, oversold conditions, and a spate of underwhelming Euro area macro…
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Australian Dollar Softens After Bull Run. Will AUD/USD Test Support Levels?

Posted by By 19/06/2023Posted inForex
The Australian Dollar rolled over to start this week after a blitz higher on the back of a weaker US Dollar. If momentum remains intact, will AUD/USD make new highs?
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Asia Day Ahead: Wall Street Rally Pauses Ahead of Series of Fedspeak

Posted by By 19/06/2023Posted inForex
With the conclusion of the recent Federal Open Market Committee (FOMC) meeting, a series of hawkish Fedspeak is lined up on the horizon.
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Markets Week Ahead: S&P 500, Gold, US Dollar, Powell, BOE, Japan Inflation, RBA Minutes

Posted by By 18/06/2023Posted inForex
BOE is expected to raise interest rates just as hopes of more stimulus from China gain momentum. Markets will be looking for cues from Powell’s speech for a justification of…
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US Dollar Week Ahead: Bearish Bets Increase After Fed’s Hawkish Pause

Posted by By 18/06/2023Posted inForex
The US dollar index’s (DXY index) fall below key support suggests the market seems to be at odds with the US Federal Reserve’s hawkish hold.
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Gold Weekly Forecast: Gold (XAU/USD) Bears Fail to Find Acceptance Below 100-Day MA, Where to Next?

Posted by By 18/06/2023Posted inForex
Gold looks set to end a pivotal week with more questions than answers as market participants appear to be ignoring the Fed. Is a retest of $2000/oz on the cards?
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Euro Forecast: Bullish Breakout Signals Upward Price Trend Ahead for EUR/USD

Posted by By 17/06/2023Posted inForex
Market skepticism over the Fed's plans to resume tightening and expectations that the ECB will have to do more in the coming months to tame inflation could push EUR/USD higher…
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