EUR/USD Forecast: Euro Ekes Out Marginal Gains Ahead of US CPI
The Euro lays apprehensive at a key area of confluence as US CPI nears, while the recent sideways EUR/USD price action is setup for a breakout post-announcement.
Gold Price Latest – XAU/USD Prints a Fresh Three-Month Low
Gold is trying to make a recovery after printing a new 3-month low earlier in the session as all eyes turn towards the latest US inflation report.
US Dollar Stays Strong on Higher Volatility as Risk Aversion Eases. New Highs Next?
The US Dollar has pulled back from 20-year highs as Fed hikes are in focus again ahead of US CPI data. Where to for the US Dollar index (DXY)?
Gold Price Forecast: XAU at Major Support Level as US CPI Nears
Gold prices may fall below confluent support on tonight's US inflation data. A drop below the 200-day SMA and trendline support may see prices hit the 2022 low.
Australian Dollar Bumped Up on China CPI and PPI. Where to for AUD/USD?
The Australian Dollarmoved up slightly after China's inflation gauges were a notch above expectations. Will AUD/USD recover recent loses?
S&P 500, Dow Jones Forecast: Stock Market Volatility Ahead as Retail Traders Buy?
As the S&P 500 and Dow Jones near a bear market, retail traders have been buying into recent losses on Wall Street. Is this a warning sign that more market…
Chinese Yuan Forecast: USD/CNH Eyes Chinese CPI Data Ahead of US Inflation
The Yuan may see volatility on China's inflation data today. The Dollar is also in focus, with the US following up with its inflation data. Meanwhile, USD/CNH's technical posture may…
S&P 500, Nasdaq 100 Outlook: US Inflation Data to Make or Break the Market’s Spirit
The S&P 500 and Nasdaq 100 will be sensitive to the April US CPI report. Any sign that inflation has peaked and is easing quickly will be bullish, but a…
New Zealand Dollar Technical Analysis: After Sharp Drop, Support Nears – Setups in NZD/JPY, NZD/USD
The major NZD-crosses have been hit hard, a knock-on effect from China’s entrenched zero-COVID strategy.
Euro Forecast: EUR/USD Bear Flag Formation Takes Shape
EUR/USD may continue to consolidate over the coming days as a bear-flag formation takes shape.