Archiv für den Monat: November 2021
Dow Jones, S&P 500, Nasdaq 100 Forecasts for the Week Ahead: Inflation Hedges?
The Dow Jones, S&P 500 and Nasdaq 100 turn to Fedspeak as inflation fears brought volatility to stocks this past week. Still, the bull market remains intact amid underlying fundamentals.
Japanese Yen Fundamental Forecast: USD/JPY Eyes Further Upside on Japan GDP
The Japanese Yen may continue weakening versus the US Dollar if Japan reports a worse-than-expected GDP growth figure. Will USD/JPY remain on the path higher?
Euro Forecast: EUR/USD May Fall Further in Week Ahead, 1.14 Likely
The drop in EUR/USD last Wednesday was significant, taking the pair below 1.15 to its lowest level since July 21 last year. That has opened the way for further losses, to 1.14 and beyond.
USDCHF closes the week on a bullish note, but there is work to do
Three day up streak to end the week
The USDCHF closed the week on a more bullish note.
Now on Friday, the high price did stall just ahead of a swing line target at 0.92412 (see red numbered circles) and backed off (helped by the weaker Michigan consumer confidence), and retraced most of the days gains. However,
The USDCHF closed the week on a more bullish note.
Now on Friday, the high price did stall just ahead of a swing line target at 0.92412 (see red numbered circles) and backed off (helped by the weaker Michigan consumer confidence), and retraced most of the days gains. However,
The GBPUSD trades to the lowest level since Dec 2020
Price is down for the 3rd week in a row
The GBPUSD traded to the lowest level since December 2020 this week. The move lower took the price down for the 3rd week in a row and take the price closer to its 100 week MA at 1.3277. The 200 week MA is at 1.3164 which
The GBPUSD traded to the lowest level since December 2020 this week. The move lower took the price down for the 3rd week in a row and take the price closer to its 100 week MA at 1.3277. The 200 week MA is at 1.3164 which