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Japanese Yen Technical Forecast: JPY Index, AUD/JPY, CHF/JPY Chart Levels

Posted by By 17/12/2020Posted inForex
The Japanese Yen is at key technical levels against the Australian Dollar and Swiss Franc. Moreover, when equally weighted against its major counterparts, the Yen is set for a technical…
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How AUD & NZD Exchange Rates Are Impacted by China’s Economy

Posted by By 17/12/2020Posted inForex
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S&P 500 Gains on Fed, ASX 200 May Follow. Indonesia, Philippine Rates Next

Posted by By 17/12/2020Posted inForex
The S&P 500 rose after the Fed, initially weighed down by soft retail sales data. The ASX 200 may climb after stellar local jobs data. Indonesian and Philippine central banks…
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Australian Dollar Pushes Higher on Better-Than-Expected Jobs Data

Posted by By 17/12/2020Posted inForex
The Australian Dollar pushed higher against its major counterparts on the back of better-than-expected jobs data, as the unemployment rate unexpectedly fell to 6.8%.
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New Zealand Dollar Outlook: NZD/USD Nears Fresh Highs on Q3 GDP Beat

Posted by By 17/12/2020Posted inForex
The New Zealand Dollar continues near fresh multi-year highs following a record breaking third-quarter GDP print. Asia-Pacific trading now focuses on the upcoming Australian jobs report.
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USD Price Outlook: US Dollar Whipsaws on Fed Bond Buying Plans

Posted by By 16/12/2020Posted inForex
Wednesday's trading session was a volatile one as the US Dollar swung violently in the wake of fresh PMI data and an update from the Fed. What might be in…
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Dow Jones, Nasdaq 100, S&P 500 Forecasts After The Fed And Into 2021

Posted by By 16/12/2020Posted inForex
Markets negotiated the final FOMC meeting of the year Wednesday which reduced scheduled event risk until 2021. With few catalysts left, what will markets look to in the meantime?
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US Dollar Rises as FOMC Decision Holds Current Path

Posted by By 16/12/2020Posted inForex
The Federal Reserve's most recent monetary policy decision leaves rates unchanged at 0.00%-0.25%, as expected. No major changes to its asset-purchase plans were announced leaving the US Dollar high...
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Canadian Dollar Forecast: USD/CAD Sell-off Faces Downtrend Support

Posted by By 16/12/2020Posted inForex
The Canadian Dollar rally may be vulnerable at multi-year extremes as USD/CAD tests trend support. Here are the technical levels that matter on the Loonie weekly chart.
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Gold Price Remains Capped by 50-Day SMA Ahead of Fed Rate Decision

Posted by By 16/12/2020Posted inForex
The opening range for December raised the scope for higher gold prices, but bullion appears to be capped by the 50-Day SMA ($1872) ahead of the Fed rate decision.
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