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Crude Oil Forecast: WTI Under Pressure as 95.00 Key Level and 200-SMA Provide Technical Hurdles

Posted by By 27/08/2022Posted inForex
WTI struggled to hold on to early gains this week as technical hurdles came into play. The 95.00 level provides a host of confluences that threaten to derail any further…
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US Dollar Forecast: Will Another Non-Farm Payrolls Print Offer a Tight Labor Market?

Posted by By 27/08/2022Posted inForex
The US Dollar is regaining upside moment against the backdrop of Fed hawkishness, quantitative tightening and market volatility. Another tight non-farm payroll report may offer the same.
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S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead

Posted by By 27/08/2022Posted inForex
Stocks got hit hard on Friday on the back of a hawkish Powell at Jackson Hole; the overall outlook has been negative this just adds to it.
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Bitcoin, Ethereum Sell-off Deepens as Fundamentals Drive Crypto Lower

Posted by By 27/08/2022Posted inForex
Bitcoin, Ethereum and alt coins ruined by Fed Chair Jerome Powell’s speech that sent cryptocurrency and risk assets into a sea of red. Next up is ISM and NFP, two…
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Australian Dollar Outlook: RBA in the Shadow of the Fed for Now

Posted by By 27/08/2022Posted inForex
The Australian Dollar had a whippy week after Chinese stimulus plans were over wrought by a Federal Reserve that got tough talking around a campfire in a ski resort.
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Gold and Silver Technical Forecast: Precious Metals at Risk

Posted by By 26/08/2022Posted inForex
Gold’s recent advance was capped at the 50 SMA while silver approaches a significant zone of support, where a possible break below, highlights levels last seen in 2020
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France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Jul 21, 2022 when France 40 traded near 6,184.80.

Posted by By 26/08/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.
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Federal Reserve Chairman Jerome Powell Speech Explained In 60 seconds

Posted by By 26/08/2022Posted inForex
Federal Reserve Chairman Jerome Powell Speech Explained In 60 seconds
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British Pound (GBP) Forecast: GBP/USD Plagued by Soaring Inflation, Energy Prices

Posted by By 26/08/2022Posted inForex
UK consumers and businesses are facing sharply escalating energy bills in the coming months, leaving the UK economy and the British Pound facing an unstable future.
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US Dollar Whipsaws Around Powell’s Jackson Hole Speech

Posted by By 26/08/2022Posted inForex
US Treasury yields are pressing higher, which may be the most important development coming out of Jackson Hole
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