British Pound (GBP) Forecast: Brexit Protocols and Weak Growth, a Prelude to Next Week’s UK Data
GBP plagued by fundamental and geopolitical headwinds as next week’s inflation and jobs data draw closer.
Australian Dollar Forecast: AUD/USD, AUD/JPY Tracking Risk Sentiment, Risks Remain
Risks remain titled to the downside for the Australian Dollar
Gold Price Forecast: XAU/USD Breaks Lower, Will it Hold Before the Weekend Starts?
Gold prices aimed lower over the past 24 hours, taking out a critical rising trendline from August. Will XAU/USD confirm the breakout, opening the door to further losses?
EUR/USD Rate Eyes 2017 Low as Bear Flag Formation Unfolds
EUR/USD is on the cusp of testing the 2017 low (1.0340) as a bear flag formation unfolds, with the decline in the exchange rate pushing the RSI back below 30.
NZD/USD Rebound Hopes Dashed After Poor PMI Data as APAC Eyes China Credit Data
The New Zealand Dollar may struggle to recover against the USD after PMI data showed that New Zealand's manufacturing sector cooled in April. APAC traders are on the watch for…
S&P 500 Flirts with Bear Market as Wall Street Generals Get Picked Off One by One
After a wild session, the S&P 500 ends the day in negative territory, registering its weakest close for 2022 on risk-off sentiment triggered by stagflation and monetary policy concerns.
AUD/USD Rate Selloff Pushes RSI Back Into Oversold Territory
The move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in AUD/USD like the price action seen earlier this month.
Fed Cant Stop Hiking (even if they wanted to) | tasty clips
Ilya and Victor touch on the state of US Equities and the market's changing sentiment toward how many rate hikes the Fed may need.
Canadian Dollar Technical Outlook: USD/CAD Rally Pushing Seven Weeks
Canadian Dollar massacre continues with USD/CAD attempting a seventh consecutive weekly rally into uptrend resistance. Levels that matter on the near-term Loonie charts.
Gold Prices Saddled by Higher Real Yields, Strong US Dollar, Downside Breakout Eyed
Gold prices have plunged recently and now trade slightly above a key support near $1835. If this floor is broken, downside pressure could accelerate, paving the way for a move…