The US Dollar is facing a very high probability of volatility and a breakout from an extremely tight range out of necessity. However, that doesn’t guarantee that what we absorb will lead to a definitive trend. Here are the stakes for the Greenback with the Fed rate decision, top US earnings and nonfarm payrolls on tap.
Schlagwort-Archiv: Market
Australian Dollar Technical Outlook: AUD/USD Tests Key Resistance
AUD/USD has run into key resistance ahead of a spate of central bank rate decisions, including the US Federal Reserve, the European Central Bank, and the Bank of England. What is the outlook and what are the key levels to watch?
S&P 500 and Nasdaq 100: Get Ready for an Event Packed Week Ahead
US equity market traders will be looking forward to next week’s action-packed data and earnings calendar and all the volatility it brings with it.
S&P 500 and NASDAQ 100 INDEX Technical Outlook: Turning Bullish
Developments on the charts suggest US equity indices could be preparing for a break higher, raising the prospect that the worst could be over for now. What is the outlook on the S&P 500 index and the Nasdaq 100 index and what are the levels to watch?
Japanese Yen Technical Forecast: USD/JPY Bounces After Kuroda Comment
USD/JPY has made a loud turn from the bullish trend that dominated in the first nine months of last year. But for how long can USD/JPY pull back?
Canadian Dollar Outlook: Markets Think Next Week’s BoC Rate Hike Will be the Last
The Canadian Dollar is eyeing next week’s Bank of Canada monetary policy announcement. A 25-basis point rate hike is priced in. Will it conclude the tightening cycle?
S&P 500 and NASDAQ 100 INDEX Technical Outlook: Still Not Out of the Woods
US equity indices have lagged behind the performance of some of their peers in recent weeks and it appears that they are still not out of the woods. What is the outlook on the S&P 500 index and the Nasdaq 100 index and what are the levels to watch?
Dollar Searches for Break from Range with EURUSD and USDJPY Prime Candidates
The holidays are passed, but the restrictive trading conditions seem to have carried over into the second half of January. The Dollar has been trapped in a tight range through this week as market participants await a clear signal. Will we get it amid key event risk like the US 1Q GDP release next week?
Pound Fundamental Forecast: Constrained Consumers Send GBP Lower
The pound continues to grapple with many fundamental challenges. The main ones include stubbornly high prices, declining economic activity (spending).
Australian Dollar Outlook: CPI Moves into View
The Australian Dollar made a six-month peak last week as the US Dollar continues to weaken with the Fed in focus. Local CPI data is due this week. Will it push AUD/USD higher?