• October 8, 2022
  • Technical Analysis
  • Comments : 0

S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead

A bounce in the early-portion of the week was aggressively-faded on Friday and focus now shifts to the next CPI report as a hawkish Fed continually reminds markets that they’re not finished yet....
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  • October 8, 2022
  • Technical Analysis
  • Comments : 0

Canadian Dollar Technical Forecast: Technicals Hint at Renewed Downside Pressure for the Loonie

Can a hawkish BoC and rising oil prices help keep the Canadian dollar on the front foot?...
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  • October 8, 2022
  • Technical Analysis
  • Comments : 0

Gold and Silver Technical Outlook: Upside Could be Capped for Now

Gold has managed to recoup some losses following the break below major support last month. Silver continues to be in its well-established three-month range. What is the outlook and what are the key levels to watch?...
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  • October 8, 2022
  • Technical Analysis
  • Comments : 0

Oil – US Crude IG Client Sentiment: Our data shows traders are now net-short Oil – US Crude for the first time since Jul 12, 2022 when Oil – US Crude traded near 93.70.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil – US Crude-bullish contrarian trading bias....
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  • October 7, 2022
  • Technical Analysis
  • Comments : 0

British Pound Technical Analysis: EUR/GBP, GBP/JPY, GBP/USD Rates Outlook

The British Pound is losing momentum quickly once again....
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  • October 7, 2022
  • Technical Analysis
  • Comments : 0

Gold Price Short-term Outlook: Gold Threatens Breakout of 2022 Downtrend

Gold prices surged more than 7% off the yearly lows with XAU/USD now threatening a breakout of the yearly trend. Levels that matter on the short-term technical charts....
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  • October 6, 2022
  • Technical Analysis
  • Comments : 0

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar has bounced from a key area of support and prices are threatening a short-term bullish breakout ahead of tomorrow’s NFP report....
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  • October 6, 2022
  • Technical Analysis
  • Comments : 0

DAX and CAC 40 Technical Outlook: Rally Viewed as Likely to Fail Soon

The German and French benchmarks are rallying off bear market lows, but once clearing rally over likely to head to fresh lows....
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  • October 6, 2022
  • Technical Analysis
  • Comments : 0

New Zealand Dollar Technical Outlook: NZD/USD and NZD/SGD Bullish Break Imminent?

NZD/USD and NZD/SGD look set to break above their recently established ranges. How much more upside and what are the key levels to watch?...
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  • October 6, 2022
  • Technical Analysis
  • Comments : 0

US Dollar Forecast: ’Buy the Dip’ Mentality Persists for DXY Index, USD/JPY

The structure of the bullish breakout remains ahead of the September US jobs report....
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