Subdued upward momentum associated with the recent jump suggests Bitcoin’s rally is showing some signs of fatigue as it tests a tough hurdle. What’s next for Bitcoin and the key signposts to watch?
Kategorie-Archiv: Forecasts
Dollar Bullish Outlook Will Need to Shift from Rates to Volatility to Continue
The Dollar’s attempt to forge a true reversal from the past four months’ bear trend will likely need to shift its source of strength from rising Fed rate expectations to its discounted role as a safe haven. That means a focus on the VIX rather than Treasury yields.
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook: Will Key Support Levels Hold?
Upside momentum is fading on Wall Street, with the Dow Jones, S&P 500 and Nasdaq 100 in a neutral state heading into the new week. Will key support levels hold?
Gold Price Forecast: Fed Fears Drive XAU/USD to an Attractive Level
Gold prices experienced further losses this week, driving XAU to a new 2023 low of $1,827.7. As GC fell into oversold territory, bulls rushed in driving prices back toward $1,850.
Australian Dollar Outlook: Watch the Fed for AUD Direction
The Australian Dollar slid last week as the US Dollar found firmer footing on the prospect of more aggressive Fed rate hikes coming down the pipe. Will AUD/USD turn around?
US Dollar (DXY) Technical Forecast: Prints Fresh 6-Week High, Retracement Incoming?
Dollar Index rallied higher this week as Fed hawks and US data put the Dollar back on top. Can the rally continue?
Pound Forecast: UK Retail Data and Inflation Improve, Sterling Does Not
Both UK retail sales and inflation data printed better than expected and yet the local currency showed no improvement, reinforcing the negative sentiment around sterling
S&P 500, Nasdaq 100 Sell-Off Continues, Strong US Dollar Sours Equity Sentiment
US equity markets are battling against a strong US dollar and higher US bond yields. Monthly option expiry and Monday’s US bank holiday will increase volatility.
US Dollar Technical Outlook: Consolidation Within the Downtrend
Technical charts suggest it may be too soon to conclude the end of the global US dollar slide. The recent jump in the greenback appears to be a consolidation/correction within the overall downtrend. What is the outlook on some of the major currency pairs?
Gold Fundamental Forecast: US Yields and USD Guide Gold Ahead of CPI
A rise is US 2-year yields has weighed on gold’s hopes of clawing back recent losses. Yields and the dollar remain central to gold valuations heading into CPI next week