The technicals for US Indices hint at further downside ahead following a positive start to 2023. Can US data out this week reignite the bullish momentum?
Kategorie-Archiv: Forecasts
Australian Dollar Outlook: The Good Times Keep Rolling
The Australian Dollar steadied during the week despite the RBA hiking rates and the trade surplus continuing to fill the coffers of exporters and the government. Will AUD/USD go higher?
Gold Price Forecast: XAU/USD Stalks Technical Support Around $1,870.
Gold prices have stalled in a narrow range of technical support and resistance between $1,870 and $1.880. With XAU/USD trading flat, breakout potential builds.
Euro Week Ahead: EUR/USD Downside in Focus With US CPI Ahead
The Euro suffered its worst 2-week drop since September as markets aligned themselves closer with what the Fed sees for tightening this year. EUR/USD faces US CPI next.
British Pound (GBP) Fundamental Outlook for the Week Ahead
UK growth flatlined in Q4 2022 according to the Office for National Statistics (ONS) today, leaving Sterling caught in the growth vs. inflation conundrum.
Gold Price Forecast: XAU/USD Awaits Fedspeak after Absolute Blowout Jobs Report
Gold prices are bracing for another volatile week with the focus shifting to Fedspeak after an absolute blowout jobs report. Will dovish expectations erode, plunging XAU/USD?
S&P 500 and NASDAQ 100 INDEX Technical Outlook: How Much More Upside?
While the key central banks’ interest rate decision may have been in line with expectations, it has left US equities in a bullish state. How much more upside for the S&P 500 index and the Nasdaq 100 index?
Dollar Ends Busy Week with Rate Boost, Could Its Safe Haven Appeal Kick In?
The economic calendar this past week was loaded with high profile event risk that generated serious volatility in assets and themes. Collectively, the event risk seems to have bolstered market-based Fed forecasts, which has helped the Dollar. That said, its safe haven properties likely carry far more potential ahead.
Bitcoin Price Analysis: BTC/USD Momentum Turns Wearisome in Muted Range
Bitcoin prices struggled to gain traction this week after BTC/USD failed to break psychological resistance at $24,000. Is a breakout on the horizon?
Australian Dollar Outlook: US Dollar Dominates Ahead of RBA
The Australian Dollar has sprung back to life as the demise of the US Dollar gathers steam after markets interpreted the Fed as not overly hawkish. Will an RBA hike see AUD/USD go higher?