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Forex

British Pound Latest – UK PM Boris Johnson is Set to Resign, GBP Unfazed

Posted by By 07/07/2022Posted inForex
Under siege UK Prime Minister Boris Johnson is set to resign today after a series of gaffes left his position untenable.
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AUD/JPY Forecast – Bullish on Monetary Policy Disparity: Top Trading Opportunities

Posted by By 07/07/2022Posted inForex
AUD/JPY made a 7-year high in early June at 96.88 then pulled back to the just under 92.00 before settling back into a range. Broad Yen weakness has been seen…
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Stocks and Bonds Up, Dollar Down (For Now): Top Trading Opportunities

Posted by By 07/07/2022Posted inForex
It appears that towards the very end of last quarter we hit a major inflection point in the trend of higher dollar and rates and lower stocks, and anything perceived…
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GBP/AUD May Unwind Losses as BOE/RBA Implied Rate Paths Come Together: Top Trading Opportunities

Posted by By 07/07/2022Posted inForex
The British Pound suffered heavy losses through the first quarter of 2022. GBP/AUD dropped more than 10% from its January peak before hitting multi-year lows in April.
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Crude Oil Price Under the Pump on Wild Swings and US Dollar Strength. Where to for WTI?

Posted by By 07/07/2022Posted inForex
Crude oil has continued to slide after Fed meeting minutes pushed Treasury yields higher, boosting fears of recession. Will WTI find a base?
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AUD/USD Consolidates Around Yearly Low Ahead of US NFP Report

Posted by By 07/07/2022Posted inForex
AUD/USD may face headwinds later this week as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in employment.
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GBP/USD Recovery Hopes Appear Dim After Breaking June Low

Posted by By 06/07/2022Posted inForex
The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens…
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EUR/USD Falls Toward Parity as RSI Pushes into Oversold Territory

Posted by By 06/07/2022Posted inForex
EUR/USD may fall towards parity as the Relative Strength Index (RSI) pushes into oversold territory for the fourth time this year.
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S&P 500 Shakes Off the Blues as Bears Retreat, Oil Clobbered by Recession Risks

Posted by By 06/07/2022Posted inForex
The S&P 500 notches a small gain and breaks above 3,830, but rising recession risks create near-term headwinds, especially for growth-sensitive sectors.
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Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF

Posted by By 06/07/2022Posted inForex
The Euro has had a very bearish start to Q3 and there's been nary a stall or pullback in the move so far, setting up a troubling picture around the…
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