US Dollar Flies as US Yields Spring Back to Life, Setups on USD/JPY, AUD/USD
In this article, we analyze the technical outlook for USD/JPY and AUD/USD, taking into account market sentiment and price action dynamics. We also examine key levels that may act as support or resistance later this week.
Oil Price Forecast: WTI Prints Double Bottom Pattern. Recovery Incoming?
Oil prices continued to slide for the majority of the Asian and European sessions before finding support at recent lows. Geopolitical risks and technicals hint at recovery in price.
Euro Update: EUR/USD Meets Support, While EUR/GBP Looks to Halt Major Sell-off
The Euro has encountered great difficulty as the currency surrenders ground against a number of G7 currencies as the economic outlook worsens, expected rate cuts accumulate
CAD Price Forecast: Loonie Stalls Ahead of BoC
USD/CAD prices are cautious ahead of US and Canadian economic data with the US dollar possibly looking to make a comeback.
FTSE 100 Stalls While Dax 40, S&P 500 Near July Highs
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of this week’s US unemployment data.
Bitcoin (BTC), Ethereum (ETH) Surge to Fresh 18-Month Highs
Bitcoin and Ethereum have broken through prior areas of resistance and are back at levels last seen 18 months ago.
XAU/USD Breaking News: Gold Reaches All-Time Highs
Gold prices almost hit the $2150 level as safe haven demand from increasing tensions in the Middle East. XAU/USD now looks to be in for a breakdown lower.
Markets Week Ahead: Gold in Record Zone as Dow Breaks Out; EUR/USD, USD/JPY Eye NFP
The U.S. ISM services PMI and November U.S. employment data will take center stage this week. These reports are likely to offer invaluable clues about the health of the U.S. economy, which could set the tone for financial markets.
US Dollar’s Trend Hinges on US Jobs Data, Setups on EUR/USD, USD/JPY, GBP/USD
This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD. It also examines key price levels that could come into play ahead of the November U.S. jobs report.
Oil Weekly Forecast: Crude Oil Markets Dissatisfied by OPEC+
Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.