What’s the Probability of an End of Week S&P 500 or GBPUSD Break?
S&P 500, Sentiment, FOMC, Dollar, USDJPY and VIX Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; S&P 500 Bearish Below 4,030 The S&P 500 continues…
Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend
Gold, XAU/USD, US Dollar, PPI, Rising Wedge, Technical Analysis – Briefing: Gold prices marked time as US Dollar, Treasury yields diverged All eyes turn to US PPI and sentiment data…
Dow, DAX 40 and FTSE 100 Show Similar Setups Before Similar Event Risk
Dow Jones Industrial Average, DAX 40 (DAX30), FTSE 100 and Rate Hike Talking Points: The Market Perspective: Dow Bearish Below 33, 150 and DAX Bearish Below 14,150 The FOMC is…
Pound Dollar Lacks Conviction as Price Action Stalls
GBP/USD Talking Points GBP/USD slides from major resistance as bullish momentum subsides. Pound Dollar faces technical headwinds in anticipation of next week’s event risk. FOMC and BoE (Bank of England)…
S&P 500 and Nasdaq 100 Latest – Bearish Sentiment Prevails Ahead of the Fed
S&P 500 and Nasdaq 100 – Technical Forecasts and Analysis S&P 500 continues to respect the longer-term downtrend. Nasdaq 100 looking to invalidate a month-old bull flag formation. Recommended by…
WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low
WTI Crude Oil (CL1!) News and Analysis WTI prices test Biden’s SPR price range target EIA data reveals greater draw of crude stocks last week WTI crude oil technical considerations…
USD/CAD Eyeing Upside Breakout Following Dovish BoC Rate Hike
Key Points: Advertising Recommended by Zain Vawda Get Your Free USD Forecast MOST READ: Canadian Dollar Forecast: USD/CAD Looks Poised for Further Upside, BoC Rate Decision Holds the Key USD/CAD FUNDAMENTAL OUTLOOK…
Aussie Steady but Key 0.67 Level at Risk
AUD/USD ANALYSIS & TALKING POINTS USD poised to strengthen as FOMC looms, leaving AUD vulnerable. Positivity around China has not borne fruit for AUD as COVID cases rise. Rising wedge…
Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?
Japanese Yen, USD/JPY, US Dollar, USD/CAD, AUD/USD, Crude Oil, Gold – Talking Points The Japanese Yen trickled lower after the US Dollar resumed strengthening Central banks continue to tighten despite…
Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD?
Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD? The Euro has steadied against the US Dollar on Thursday as the market ponders the…