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Oil Price Forecast: WTI at Major Support- Crude Break Could Fuel Collapse

Posted by By 17/09/2022Posted inForex
Oil prices plunged for a third-week but held above key technical support- threat remains for major price inflection. Levels that matter on the WTI weekly technical chart.
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S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead

Posted by By 17/09/2022Posted inForex
Sellers made a statement this week, printing a bearish engulf pattern after another highly-elevated CPI print, setting the stage for the September FOMC.
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S&P 500 and Dollar Could Be Rocked by More than a Big Fed Hike

Posted by By 17/09/2022Posted inForex
While I would not argue with the sentiment that the top, singular scheduled event risk on deck for the coming week is the FOMC rate decision, the course of markets…
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Canadian Dollar Forecast: CAD Struggling as Technical Hurdles and Depressed Oil Prices Form Perfect Cocktail

Posted by By 17/09/2022Posted inForex
The Canadian Dollar continued its struggles this week. However, with a host of technical hurdles just ahead and the FOMC meeting, could we see CAD gains in the week ahead?
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British Pound Weekly Forecast: GBP/USD Could Slump to Multi-Decade Lows

Posted by By 17/09/2022Posted inForex
GBP/USD is crumbling under the strength of the U.S. dollar as markets look forward to the upcoming BoE and Fed interest rate decisions
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Gold and Silver Technical Outlook: Diverging Trends in XAU/USD and XAG/USD

Posted by By 16/09/2022Posted inForex
A sharp fall this week has brought gold to a critical juncture. Silver has been relatively resilient. What are the key levels to watch in the short term?
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British Pound Forecast: GBP/USD Slumps to a 37-Year Low Ahead of the BoE

Posted by By 16/09/2022Posted inForex
GBP/USD dissolved earlier in the session as woeful UK retail sales figures and a robust US dollar sent cable spiraling to a new multi-decade low.
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Consumer Sentiment Rises for Third Month in a Row, Nasdaq 100 Retains Most Losses

Posted by By 16/09/2022Posted inForex
U.S. consumer sentiment extended its recovery in September, likely bolstered by falling gas prices, but the improvement is failing to boost risk appetite ahead of the Fed decision next week.
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S&P 500, Dow Jones, Nasdaq 100 Outlook: Bear Market Lows Coming into Focus

Posted by By 16/09/2022Posted inForex
U.S. stocks are breaking down into levels not seen since the earlier days of the summer rally; bear market lows anticipated to be met and exceeded in coming weeks.
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WTI Crude Oil Looks to Recover as Strong Dollar and Demand Concerns Weigh; 90.00 Level is Key

Posted by By 16/09/2022Posted inForex
WTI Prices could see a rebound heading into the FOMC meeting while demand concerns and persistent US dollar strength could cap gains.
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