• February 10, 2023
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Euro Forecast: EUR/USD Gains but Bullish Momentum May Run Out of Steam Soon

EUR/USD resumes its ascent on risk-on sentiment following a brief correction, but bullish momentum could soon run out of steam as Europe’s economic outlook remains difficult....
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  • February 9, 2023
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DAX 40 Price Outlook: Siemens Positive Q1 Results Sends the Index Higher

The DAX index gapped up at the open today after a very strong move in Asian equities. Siemens’ positive Q1 earnings leads the index further into overbought territory...
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  • February 9, 2023
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British Pound Latest: GBPUSD Pushing Higher on US Dollar Weakness

The UK is likely to avoid a technical recession this year, according to the NIESR, but with growth expected close to zero, it may be a close-run thing....
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  • February 9, 2023
  • Market News
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WTI Oil Hits Fresh Weekly High, Retracement Before Continuation?

WTI Oil has posted 3 successive days of gains following a double bottom pattern and renewed optimism around China’s growth prospects....
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  • February 9, 2023
  • Market News
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AUD Price Forecast: RBA Shielding Aussie Dollar Against Hawkish Fed

The Australian dollar awaits key economic data for some short-term directional partiality. AUD/USD will break a key level soon....
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  • February 9, 2023
  • Market News
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US Dollar Takes a Breather after Fed Hawks Boosted it. Will USD/JPY Climb Again?

The US Dollar reclaimed the ascendency overnight after the Federal Reserve got its message across loud and clear and the markets believed them this time. Where to for USD/JPY?...
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  • February 9, 2023
  • Market News
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S&P 500 Tumbles with the Fed Fuelling the Rate Hike Heat. Will Wall Street Recover?

The S&P has pulled back from last week’s 2023 peak as Federal Reserve tightening concerns continue to plague equity markets. If interest rates go higher for longer as promised, where does that leave Wall Street?...
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  • February 9, 2023
  • Market News
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S&P 500 Winds Up Without a Clear Catalyst, Dollar Needs a Stronger Shove

The markets have downshifted this week with the lighter economic docket giving greater weight to the technical barriers that are prevalent across the benchmarks. Will the S&P 500 and Dollar be able to earn a break and traction before next week’s US CPI stirs the speculative waters again?...
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  • February 9, 2023
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EURUSD Shifts from Reversal to Range, Market Interest Growing While SPX Ebbs

The EURUSD’s dramatic reversal from an unsuccessful break above the midpoint of the 2021-2022 range around 1.1000 has lost traction. Market conditions and the docket support ranging and breakouts without follow through, but behind this market there is a groundswell that distinctly contrasts other ...
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  • February 9, 2023
  • Market News
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Silver Price Forecast: XAG/USD Attempts to Find Support at Well-Known Level

Silver, much like gold, has had a tough time of late. Dropping like a stone from a well-defined zone of resistance, now attempting to find its feet at prior support...
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