Latest Forex, Commodities and Indices News
Bitcoin (BTC) Outlook – Buy the Dip or Sell the Bounce?
Bitcoin (BTC) Chart and AnalysisBitcoin's tepid rebound Important resistance levels will likely hold any move higher Federal Reserve chair Jerome Powell put the dampers on [more]
Crude Oil Forecast: Russia-Ukraine Crisis Creates Upside Risks for WTI & Brent Prices
WTI OIL WEEKLY FORECAST: CAUTIOUSLY BULLISHCrude oil has risen aggressively in recent weeks amid supply and demand imbalances. Since its December low, WTI is up [more]
Australian Dollar Outlook: All Eyes on the RBA as Fed Fallout Continues
AUSTRALIAN DOLLAR FORECAST: BEARISHThe Australian Dollar has the RBA poised for action ahead Commodities and yield spreads can't fight a runaway US Dollar Fed hawkishness [more]
Financial markets on roller coaster as investors accumulate gold
Gold and silver markets took a hit this week following the Federal Reserve's meeting announcement. Although Fed officials didn't make any policy changes, they did [more]
GBP/JPY dips back to low 154.00s, still nursing tentative recovery from earlier weekly lows
GBP/JPY dipped back from earlier highs near 155.00 to the low 154.00s but remains within recent ranges. The pair is still trading in the green [more]
AUD/JPY to plummet towards 78.78 on a daily close below 80.70
The Australian dollar fell off the cliff against the Japanese yen, down 0.77%. Market sentiment has improved in the session, but in the FX market, [more]
Week Ahead on Wall Street (SPX) (QQQ): Apple turns risk back on but can it hold after January falls
January is looking likely to see the S&P 500 (SPY) fall by 8%. The January effect has an 80% follow-through for the rest of the [more]
Gold Price Forecast – XAU/USD Declining Towards Big Spot on Charts
Gold Price Technical Outlook: NeutralGold is declining towards a big level of support Major horizontal level helped by confluent trend-line Gold Price Forecast - XAU/USD [more]
Shiba Inu price struggles to hold support, could drop by 20%
Shiba Inu price has held to a support zone in the $0.000020 value area. Extremely tight trading range since Tuesday. A 20% drop is coming [more]
AUD/USD consolidates under 0.7000 level at 18-month lows, focus turns to key RBA meeting/US data next week
After dipping to fresh 18-month lows under the 0.7000 level, AUD/USD has been consolidating. There are now not any major levels of support until the [more]
EUR/USD Price Analysis: Clings to 1.1150s but downside risks remain
The EUR/USD is under heavy downward pressure, as the pair eyes May 2020 swing lows. EUR/USD bulls failure to defend 1.1100, it would open the [more]
European stocks roll back, as a wild week draws to a close
After the strong gains of yesterday, European markets have slipped back heading into the weekend, with the FTSE100 slipping back into negative territory for the [more]
Experts believe Binance Coin is poised for a short-term rally after recent bloodbath
Binance Coin recovered from the recent drop in its price, starting a price rally during crypto bloodbath. Binance Smart Chain is on its path of [more]
Top 3 Price Prediction Bitcoin, Ethereum, XRP: Cryptos at risk of breaking critical support
Bitcoin price action mixed, solid cases for bear or bulls to take over. Ethereum price in a similar conundrum as Bitcoin. XRP price presents a [more]
EUR/JPY flatlines within recent ranges in mid-128s as focus shifts to upcoming ECB meeting/Eurozone inflation
EUR/JPY was flat on Friday despite a heavy Eurozone data slate amid a calm end to the week. Focus now turns to next week's ECB [more]
Gold Price Forecast: XAU/USD bears eye $1721 as gold fall extends
The yellow metal has fallen close to 4% in the week, spurred by a hawkish US central bank. Fed's Kashkari expects that the Fed would [more]
USD/ZAR: Room for a further reversal of the move lower – MUFG
Analysts at MUFG Bank, have a trade idea of a long position of the USD/ZAR, with an entry level at 15.500, a target at 16.300 [more]
Fed: FOMC likely to hike rates by 125 bps over the course of 2022 – Wells Fargo
Analysts at Wells Fargo think the FOMC will announce the commencement of balance sheet reduction at the July 27 meeting. They look for the Federal [more]
EUR/USD: Recent developments support forecast for a slide to 1.1000 in Q1 – MUFG
Analysts at MUFG Bank, point out that policy divergence and geopolitical risks will remain a weight on the euro in the near term, reinforcing the [more]
Canada: Labor market data for January is expected to weaken substantially – RBC CM
The Bank of Canada kept the interest rate unchanged this week but signalled imminent tightening at the next meeting in March. Next week, the key [more]
US: Labor costs slow, but still rising at a scorching rate – Wells Fargo
Data released on Friday showed the Employment Cost Index (ECI) rose 1% during the fourth quarter, and 4% during the year. Analysts at Wells Fargo [more]
WTI eases back below $88.00 level after printing fresh seven-year highs, OPEC+ meeting next week eyed
WTI hit fresh seven-year highs at $88.82 on Friday, but has since pulled back under $88.00 again. WTI remains on course for healthy on the [more]
British Pound Forecast: GBP/USD Awaits Potential BoE Balance Sheet Bonanza
GBP/USD ANALYSISBoE projection: 25bps rate hike QT may be on the horizon. IG client sentiment bearish. AdvertisementBRITISH POUND FUNDAMENTAL FORECAST: MIXEDSterling has been on a [more]
Bitcoin Weekly Forecast: Federal Reserve cannot tame BTC’s uptrend
Bitcoin price action is exposed to risk-off sentiment as more professional money is invested to Bitcoin. The underlying strength of Bitcoin as an asset remains [more]