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EUR/USD Outlook Hinges on ECB Interest Rate Decision

Posted by By 20/07/2022Posted inForex
The European Central Bank (ECB) interest rate decision may drag on EUR/USD if the Governing Council lays out a preset path in normalizing monetary policy.
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Gold Price Forecast: Selling Slows but Doesn’t Stop – Levels for XAU/USD

Posted by By 20/07/2022Posted inForex
Gold prices continue to edge lower, thanks in part to a dispiriting fundamental and technical backdrop.
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Canadian Dollar Price Outlook: USD/CAD Reversal Slams into Support

Posted by By 20/07/2022Posted inForex
A Canadian Dollar counter-offensive takes USD/CAD into support at the monthly range lows. Levels that matter on the short-term Loonie technical charts.
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S&P 500 and Dow Jones Continue to Push Higher as Focus Shifts to ECB, Earnings

Posted by By 20/07/2022Posted inForex
Stocks continued higher on Wednesday as sentiment remains upbeat heading into earnings season.
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UK Oil – Looking to Rotate, Wave 4 Correction Completed and Rejected off 200 Moving Average

Posted by By 20/07/2022Posted inForex
UK oil has been consolidating since March 22 high at 133.107 all the down to July 2022 lows at 94.480 and it seems like it is looking to re-test the…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

Posted by By 20/07/2022Posted inForex
The US Dollar has pulled back, and now the focus shifts to Europe for the ECB rate decision. Can the bank bring some life back to the Euro and, in-turn,…
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Central Bank Watch: BOE & ECB Interest Rate Expectations Update; July ECB Meeting Preview

Posted by By 20/07/2022Posted inForex
How aggressive will the Bank of England and European Central Bank be over the coming weeks?
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USD/JPY Technical Analysis – Price Action Pointing Towards Big Move Soon

Posted by By 20/07/2022Posted inForex
USD/JPY continues to work its way higher in a rising wedge that could very soon lead to an outsized move.
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DAX, DOW and FTSE Retreat as Safe Haven Bids Return

Posted by By 20/07/2022Posted inForex
Indices retreat as sentiment shifts; safe haven bids return.
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Nasdaq Price Forecast: Index Awaits More Tech Earnings, Tesla Next

Posted by By 20/07/2022Posted inForex
The Nasdaq rose after Netflix revealed “less-bad results”. The lower USD and apparent easing of recession fears boosts NDX ahead of Tesla Q2 earnings
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