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EUR/USD Technical Price Outlook: Euro May Crunch- Breakout Imminent

Posted by By 11/05/2022Posted inForex
Euro is contracting within the weekly opening-range at multi-year lows- the battle-lines are drawn into the close. Levels that matter on the EUR/USD technical charts.
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Canadian Dollar Forecast: Turning Point Nearing? Setups in CAD/JPY, USD/CAD

Posted by By 11/05/2022Posted inForex
Both CAD/JPY and USD/CAD rates have reached meaningful inflection points.
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US Dollar Price Action Setups: Prepping for Pullback? EUR/USD, USD/JPY

Posted by By 11/05/2022Posted inForex
The US Dollar has been really strong for almost a full year now, but over the past couple of weeks, buyers have been spinning their wheels at resistance.
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Monthly Forex Seasonality – May 2022: Typically a Good Month for USD

Posted by By 11/05/2022Posted inForex
The fifth month of the year usually sees gains for the US Dollar.
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Crude Oil Technical Forecast: Oil Coil Continues- WTI Breakout Levels

Posted by By 11/05/2022Posted inForex
Oil plunged more than 6% this week with crude continuing to contract within a massive consolidation range. The technical levels that matter on the WTI weekly chart.
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How Current Markets Will Impact Traders | DailyFX Exclusive Q2 Forecast

Posted by By 11/05/2022Posted inForex
DailyFX analysts give their expert predictions and their 2022 Q2 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...
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FTSE 100 Technical Analysis: Outlook at the Mercy of Global Markets

Posted by By 11/05/2022Posted inForex
It took some time, but sellers finally caught up to the FTSE; levels and lines to watch in the days ahead.
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US Inflation Cools to 8.3% but Eases Less than Forecast, Nasdaq 100 Sinks as Yields Rise

Posted by By 11/05/2022Posted inForex
April U.S. inflation moderated on an annual basis, cooling to 8.3% from 8.5% in March, but declined less than forecast, increasing the likelihood of a more front-loaded Fed policy response.
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USD/CAD Pre-CPI Setup: Loonie Chart Analyzed Ahead of the Data Print

Posted by By 11/05/2022Posted inForex
With inflation expected to print lower than March’s figure, markets could look for softer USD plays with USD/CAD’s technical set up warranting a closer look
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USD, Gold, S&P 500: How Have Markets Reacted to US CPI

Posted by By 11/05/2022Posted inForex
US CPI to provide catalyst for next market direction.
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