The market will likely see a lot of short-term back and forth, but looking at less scalp, there isn’t much to do here until we get past Friday’s volume, maybe even later. GBP/USD rose...
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2 Minutes
2 Minutes
NZD/USD Forecast: continues to power higher against the greenback
Remember, you have to look at this not just through the lens of the Fed, but is the global economy continuing to expand, so there are a lot of external forces here. NZD/USD showed...
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2 Minutes
NASDAQ 100 Forecast: Plunges Through Broadening Wedge
Only when the market stabilizes and breaks above the 200-day EMA would I be very bullish on this market, and frankly, I believe we have a lot of work to do before we get...
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2 Minutes
GBP/USD Forecast: Continues Upward Grind
Investors are trying to figure out whether the Federal Reserve plans to pull back from the market, which means they’re trying to figure out whether Jerome Powell will sound more hawkish or more hawkish...
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2 Minutes
SILVER PRICE FORECAST: XAG/USD DROPS BELOW $19.50 AS TRADERS BRACE FOR NEXT WEEK’S FOMC DECISION
Silver is falling below the 100-day exponential moving average (EMA) and extending its losses to the 50-day EMA at $19.08. US Core PCE rose 5.1% on the year, beating estimates, paving the way for...
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1 Minute
AUDJPY PRICE ANALYSIS: PLUNGES FROM MONTHLY HIGHS, STRUGGLES TO RECLAIM THE 100-DMA
AUD/JPY rebounds from weekly highs and ends the week with a minimal loss of 0.07%. The Japanese authorities intervened in the currency market to strengthen the Japanese yen. AUD / JPY Price Forecast: The...
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2 Minutes
BTC/USD Forecast: Looks Ready to Fall Further
The market is a situation that looks like trouble just waiting to happen, especially as we have seen so much negativity in the stock market after the Jerome Powell speech. The BTC/USD has fallen during the...
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1 Minute
AUD/USD Forecast: Market to Remain Choppy
If we were to break down below the bottom of the candlestick for the day, that could be a very negative sign, perhaps sending this market much lower. The AUD/USD pair has fallen rather hard during...
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1 Minute
USD/JPY Forecast: USD Recovers Against Japanese Yen
The USD/JPY currency pair rallied a bit Monday as the Japanese yen recovery has stalled. At this point, the ¥136 level is an area that a lot of people will pay attention to. If we were...
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1 Minute
AUD/USD Forecast: Aussie Continues to Flirt With 0.69
The US dollar has been the main currency known for a while, but the Aussie dollar has turned around to show signs of life. At this point, the AUD/USD currency pair looks as if it is trying...
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