USD/CAD Forecast: Slams into Support
The market continues to pay attention to the oil market as crude oil has been very noisy recently. USD /…
USD Index Forecast: Hovers around 50% Fibonacci Level
The US dollar has been on the ropes for a while now, but over the last week or two we…
NASDAQ 100 Forecast: Bounces from Significant Support
Volume and liquidity are very important issues at this time of year, and traders have no other way to protect…
S&P 500 Forecast: Rallies to Trade Back into Consolidation
Sometimes I expect this market to just drift back and forth looking for some liquidity to place positions. The SandP…
EQUITIES SEEN HIGHER BY THE END OF NEXT YEAR – JP MORGAN
According to JP Morgan economists, the stock has been hampered by macro issues that will start to emerge in 2023…
USD/CNY TO GRADUALLY DIP TOWARDS 6.80 BY END-2023 – SOCGEN
The Chinese yuan has come a long way and recovered from a low of 7.32 in late October to around…
Kuroda’s 'bazooka’ may have hit its mark, says close ally
For some context, Ito is also being touted as a possible successor to Kuroda in top BOJ positions, having previously…
The NZD is the strongest and the JPY is the weakest as the NA session begins
It’s heading into the year end but nevertheless the forex markets are in motion. The NZD and AUD are leading…
AUD/USD PRICE ANALYSIS: STRUGGLES AT THE 20-DAY EMA, DROPS BELOW 0.6700
Risk aversion has affected high-beta currencies such as the Australian dollar. Global central banks, which raised interest rates and looked…
SILVER PRICE ANALYSIS: XAG/USD BOUNCED AT THE 20-DMA, RECLAIMS $23.00 ON RISK AVERSION
Silver price rebounds and remains on the rise despite the rise in the US dollar. In the near term, XAG/USD…