US Equities Q1 Technical Outlook: Stocks in Overbought Territory. Can It Continue?

The technical picture is a little hard to read for the S&P 500 heading into the first quarter of 2024, with immediate resistance resting near the record high around the 4,817 level.

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Gold, Silver Q1 Forecast: Fundamental Drivers Align but Real Rates Pose a Threat

The article focuses on the fundamental outlook for precious metals in the first quarter, focusing specifically on gold and silver prices, taking into account interest rate dynamics, as well as the U.S. dollar’s broader trend.

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USD/JPY Q1 Technical Forecast: Will the US Dollar Downtrend Endure?

USD/JPY Q1 Technical Forecast: Will the US Dollar Downtrend Endure? The preceding quarter saw USD/JPY power up to highs not previously seen since mid-1990, thanks largely to those fundamental, interest-rate differentials.

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Crude Oil Q1 Fundamental Forecast: US Rate Cut Hopes Offer Support Amid Demand Worries

Oil prices hit their highest level of 2023 in September but have declined very sharply since, with shaky economic data keeping markets fretting about the demand outlook.

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Coinbase (COIN) – Growing Tailwinds as Cryptocurrency Interest Swells?

Coinbase, the largest cryptocurrency exchange in the US, has seen its shares perform strongly in the second half of this year, rallying from around $46 in early June to a current level of $150.

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Euro Q1 Technical Forecast: A Mixed Picture

EUR/USD closed out 2023 on a positive note, recovering a sizeable chunk of the decline witnessed in the second half of the year. The medium-term trend appears bullish but yield differentials will struggle to motivate a prolonged period of upside potential.

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Short USD/JPY - Rising Rate Cut Expectations and FX Intervention by the BoJ

USD/JPY held the high ground for the first half of Q4 2023 before finally declining from near the 2022 highs. The selloff gained traction following growing chatter toward the end of November regarding a policy shift from the BoJ.

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Bitcoin Q1 Fundamental Outlook – Positive Tailwinds on the Horizon

Bitcoin goes into the first quarter of 2024 with two specific events set to determine price action in Q1 – a spot Bitcoin Exchange Traded Fund (ETF) and the run-up into the latest Bitcoin ‘halving’ event.

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Bullish Gold: Top Trade Q1 2024

There are several factors influencing gold’s price that appear to be pulling in the same direction ahead of Q1 of 2024. These help to form the trading thesis and are outlined in the rest of this article along with technical considerations.

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Australian Dollar Technical Forecast: AUD/USD Enters Q1 at Key Resistance

This article presents an in-depth analysis of the Australian dollar’s outlook for the first quarter, providing valuable insights into price action dynamics and market sentiment.

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Q1 Top Trade: Bullish Russell 2000 as Soft-Landing Scenario Gets Traction

This article analyzes the technical and fundamental outlook for the Russell 2000 for the first quarter of 2024, examining the main variables that could determine its medium-term prospects.

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FTSE 100, DAX 40 on Track for Another Day of Gains on Last Trading Day of Year

Outlook on FTSE 100 and DAX 40 as the year 2023 draws to a close.

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GBP/USD Price Forecast: Fading Bullish Momentum for Pound

GBP prices are approaching key resistance while showing technical signals that could point to impending downside to come, while UK housing prices advance since November.

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The Collapse of Central Bank Forward Guidance

2023 was a year that lessened the stature of central bank forward guidance. Forward guidance is a tool used by central banks to communicate monetary policy projections.

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Mastering Risk Aversion: A Day Trader’s Top Lesson Learned

Another year and another lesson learned. As a day trader navigating the fast-paced and volatile world of financial markets, one crucial lesson stands out above the rest in 2023: mastering risk aversion.

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S&P 500 Within Whisker of January 2022 Record High While Nasdaq 100 Ploughs On

Outlook on S&P 500 and Nasdaq 100 as trading becomes lighter towards year-end.

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AUD/USD Price Forecast: Aussie Dollar Eyes US Jobless Claims

AUD prices continue their ascent as US economic data comes into focus later today.

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EUR/USD Breaks Out as GBP/USD Surges Toward Resistance, Gold Eyes Record

This article examines the technical outlook for gold (XAU/USD), EUR/USD and GBP/USD, identifying key price thresholds expected to be influential as 2023 draws to a close.

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US Dollar on Cusp of Breaking Down, Key Levels to Watch in Final Days of 2023

This article offers an analysis of the U.S. dollar's technical and fundamental outlook, examining essential price thresholds that could act as support or resistance in the coming trading sessions

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FTSE 100 and DAX 40 Resume Ascent in Line With US and Asian Stock Indices

Outlook on FTSE 100 and DAX 40 during the final week of 2023.

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USD/JPY Price Forecast: Guarded BoJ Leaves Yen on Offer

JPY prices were weighed down this Wednesday morning after the BoJ’s Summary of Opinions reflected a hesitant central bank with regards to monetary policy changes.

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Gold Prices Defy Key Resistance Area, USD/JPY Stuck Below 200-Day SMA for Now

This article explores the technical profile for gold and USD/JPY, focusing on important price thresholds that could be relevant heading into the final trading sessions of 2023.

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US Dollar in Risky Waters, Technical Setups on EUR/USD, GBP/USD, Gold

This article examines the technical outlook for EUR/USD, GBP/USD, and gold, analyzing important price levels that could act as support or resistance in the last week of 2023.

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Top Lesson of 2023 - Discipline is Paramount in Rapidly Changing Markets

Trading in forex or other financial assets necessitates a steadfast commitment to a carefully devised plan and effective risk management.

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Market Week Ahead: Gold Pops, US Dollar Drops, GBP/USD and EUR/USD Rally

The US dollar is trading at a fresh five-month low after data on Friday showed inflation slowing further. Ahead a holiday-shortened week and a quiet economic calendar.

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US Dollar on Thin Ice, Setups on EUR/USD, USD/JPY, GBP/USD for Final Days of 2023

This article zooms in on the technical outlook for EUR/USD, USD/JPY, and GBP/USD, analyzing essential price thresholds to monitor in the final trading sessions of 2023

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Gold Weekly Forecast: XAU/USD Propelled by Softer US Inflation Outlook

Gold prices extend their upside rally ahead of the last trading week of 2023 which isn’t expected to provide too much in terms of volatility. XAU/USD looks to hold above $2050.

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FTSE 100 Slips as UK on the Brink of Recession while DAX 40 Flatlines

​​Outlook on FTSE 100 and DAX 40 ahead of Christmas holiday.

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USD Price Forecast: DXY Faces Barrage of US Data

USD prices trade at a major area of confluence that has held firm since May 2021 as core PCE deflator, durable goods orders and Michigan consumer sentiment looms.

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US Dollar Sinks, Holds on For Dear Life, Setups on Gold, EUR/USD, GBP/USD

This article focuses on the technical outlook for EUR/USD, GBP/USD and gold, analyzing the main price thresholds to watch in the coming day

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USD/JPY Price Forecast: USD/JPY May Struggle to Find Acceptance Below the 142.00 mark

USD/JPY tested key support today at 142.00 but a failure to break this level tomorrow could lead to a recovery. Will US PCE data prove to be a much-needed catalyst?

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US Q3 GDP Revised Lower Dragging the Dollar Index Along, Gold Rises

Final reading of Q3 2023 GDP shows US economy grew by 4.9%, downwardly revised from the 2nd estimate of 5.2%. Another positive which adds to rate cut expectations but PCE data tomorrow holds the key.

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Bitcoin (BTC) Eyes a Fresh Multi-Month High, Solana (SOL) Continues to Outperform

Bitcoin is pushing higher again and is close to printing a fresh multi-month high as the cryptocurrency risk on rally continues.

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Dow, Nasdaq 100 and Nikkei 225 Steady after Wednesday’s Losses

Indices hit a brief bout of volatility yesterday, jolting them out of their quiet move higher for a time.

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CAD Price Forecast: Loonie Flirts With Key Support

USD/CAD prices are trading at extreme levels ahead of Canadian earnings and retail sales as well as the US GDP report.

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Gold (XAU/USD) Price – Lining Up for a Year-End Rally if US Inflation Cooperates?

Gold is pushing gently higher and testing old resistance levels ahead of the last major data release of the year, US PCE. Will a benign number give gold another push higher?

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FTSE 100 Rallies on Softer Inflation, Dax 40 and S&P 500 Grind Higher Still​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflations surprises to the downside.

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GBP Breaking News: CPI Miss Aligns UK With Other Economies

GBP prices weakened as UK inflation showed a drastic decline that could lead to the BoE cutting rates earlier than expected.

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Gold Price Forecast: Bulls Seize Control on Growing Safe Haven Appeal, $2050 Up Next

Gold enjoyed a rally toward the $2050/Oz mark before facing some selling pressure as Fed rate cut expectations continue to sway back and forth. PCE data later in the week could prove key to where Gold prices end the week.

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Dow and Nasdaq 100 hold firm, while Nikkei 225 Rallies

US indices continue to consolidate, but the Bank of Japan’s (BoJ) decision to leave policy unchanged has given the Nikkei 225 a boost.

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AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?

Australian Dollar is in a good place fundamentally to continue its recent gains against the Greenback. The technical picture however hints at a brief retracement before bullish continuation.

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Oil Price Forecast: Oil Surges on Supply Chain Concerns as Red Sea Disruptions Intensify

Oil prices received a shot in the arm this morning as increased attacks on ships in the Red Sea intensify. A sign of things to come in 2024?

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USD/JPY Setup Ahead of the Final Bank of Japan Meeting for 2023

Speculation around a policy pivot from the BoJ has eased this last week but is likely to re-emerge in Q1 2024 as labour market data provides a clearer picture. USD/JPY edges up

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Euro (EUR) Latest: German Ifo Highlights Ongoing German Economic Weakness, ECB Rate Pushback

German companies are turning more pessimistic about the economy, according to the latest Ifo report, and this will add to calls for the ECB to loosen monetary policy sooner rather than later in 2024.

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FTSE 100, Dax 40 and S&P 500 Flatline

​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of German Ifo business climate

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British Pound (GBP) Latest: GBP/USD on Hold Ahead of Inflation Report

Sterling remains firm heading into the final trading week of the year with traders primed for the latest UK inflation report on Wednesday.

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Market Week Ahead: Gold Regains $2k, GBP/USD, EUR/USD Rally as USD Slides

Central bank policy decisions and guidance help to stoke price action this week, while next week’s busy economic calendar could give markets a final pre-Christmas burst of volatility.

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US Dollar in Peril with Core PCE on Deck, Setups on EUR/USD, GBP/USD, USD/JPY

The November U.S. PCE report will be key for the U.S. dollar in the short term. Weaker-than-expected numbers could reinforce the greenback's recent decline, but strong numbers could trigger a bullish reversal.

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FTSE 100, Dax 40 and S&P 500 Lose Upside Momentum​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid $5 trillion triple witching

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Cable on Track for Remarkable Recovery after Hawkish BoE Messaging

Markets expect fewer interest rate cuts for the UK in 2024 than in the US. This, along with a hawkish BoE statement has helped buoy sterling into the end of the week

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Gold Price Forecast: Fed Pivot Opens Pathway for New Fresh Record, XAU/USD Levels

Gold prices push higher and defy key technical resistance, driven by falling yields and a weaker U.S. dollar following the Fed's dovish pivot at its December policy meeting.

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US Dollar Demolished by Fed’s Dovish Pivot, Tech Setups on EUR/USD and USD/JPY

This article focuses on the technical outlook for EUR/USD and USD/JPY, examining critical price levels that can act as support or resistance following the recent increase in volatility.

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US Dollar Sinks on Fed Dovish Pivot, Setups on EUR/USD, USD/JPY, GBP/USD

This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD, examining key price levels after the Fed’s dovish pivot.

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GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD

GBP is vulnerable ahead of tomorrow's BoE meeting following a week of soft data. Will the BoE outdo the Fed with rate cut expectations?

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Fed Stays Put, Sees Three Cuts in 2024; Gold and US Dollar Take Split Paths

The Fed held interest rates unchanged for the third straight meeting and signaled that it may deliver 75 basis points of easing in 2024, a dovish outcome for U.S. yields and the dollar.

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Oil Price Forecast: Oil Rises as OPEC+ Predicts Record Demand in 2024

Oil prices shook off the COP28 deal to phase out fossil fuels as OPEC+ doubles down on its demand forecasts for 2024. Will the IEA report due tomorrow concur with the cartel?

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AUD Forecast: FOMC Communication Pivotal for Australian Dollar

AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data.

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UK Breaking News: GDP Misses Forecasts, Sterling Dips Ahead of FOMC

UK GDP disappoints ahead of major central bank meetings. The pound is understandably weaker heading into the FOMC and BoE meetings

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Nasdaq 100 Consolidates Higher After Breakout. Will the Fed End Exuberance?

The Nasdaq 100 consolidates higher and reaches its best level since early 2022 after pushing past key resistance levels, but the Fed may end its upward momentum if it issues a hawkish policy outlook.

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Gold Price Forecast: Sellers in Control Following Failed $2000 Retest, FOMC Next

Gold’s attempt to break back above the $2000 mark was met with selling pressure today as US CPI data provided a somewhat mixed bag. Will the FOMC assist Gold bulls or are we in for further downside?

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GBP Breaking News: Mixed UK Jobs Report Should Not Deter BoE

GBP prices remain resistant after UK jobs data provided some varied information. GBP/USD & EUR/GBP now look to US CPI & ZEW economic sentiment.

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Oil Price Forecast: Oil Eyes Continued Recovery but Market Participants Remain Cautious

Oil prices remain under pressure as fund managers ramp up their bearish outlook and the IMF warns of the pitfalls to global growth should the global economy fragment into two blocs.

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US Dollar Forecast: All Eyes on US Inflation, Setups on EUR/USD, USD/JPY, GBP/USD

This article analyzes the technical profile for major U.S. dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, examining critical price levels that could act as support or resistance ahead of U.S. CPI data.

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Bitcoin (BTC/USD) Price Forecast: Eyes on $40k Support as ARK Sell More Coinbase (COIN) Shares

Bitcoin failed in its attempt to break the $45k handle prompting a pullback which could in part be down to profit taking. ARK sell more COIN shares to balance ETF weighting.

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Gold Pullback Extends After NFP Print Rejuvenated the Dollar, US Yields

NFP data hinted once again that the labour market is resilient, cooling aggressive rate cut expectations and providing the dollar with a helping hand

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FTSE 100, Dax 40 and S&P 500 Lose Upside Momentum in Low Volume Trading

Outlook on FTSE 100, DAX 40 and S&P 500 ahead this week’s plethora of central bank meetings.

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Euro Price Forecast: Colossal Data Filled Week for EUR/USD

EUR prices brace for upcoming US inflation data alongside FOMC and ECB rate announcements later this week

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Markets Week Ahead: Gold, EUR/USD, GBP/USD, USD/JPY, US Inflation, Fed, ECB, BoE

The week ahead is likely to bring elevated market volatility, courtesy of impactful events on the economic calendar, including US inflation data, UK GDP figures, and significant monetary policy announcements from the FOMC, BoE and ECB.

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US CPI, Fed Decision to Guide US Dollar, Setups on EUR/USD, USD/JPY, GBP/USD

This article examines the technical outlook for major US dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, dissecting the critical price thresholds that could come into play this week ahead of US inflation data and the Fed’s decision.

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USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change

JPY upside may be slowing as NFPs showed a robust US labor market. This week sees the FOMC in action and US inflation to drive volatility.

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AUD Forecast: Australian Households Managing Tough Financial Conditions, RBA’s Brischetto

AUD prices held onto yesterday’s gains after the RBA’s Brischetto praised the ability of Australian households to meet financial obligations in difficult circumstances.

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US Jobs Report Preview: What’s Next for Gold, US Dollar, Yields & Nasdaq 100?

Gold prices, Treasury yields, the U.S. dollar and the Nasdaq 100 will be quite sensitive to the November U.S. nonfarm payrolls report, as the employment data can have a direct impact on the market's assessment of the Federal Reserve's monetary policy path.

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Euro Price Action Setups: EUR/USD, EUR/GBP Post GDP Revision

The Euro enjoyed a productive day despite poor fundamental data. Can the gains continue heading into next week's ECB meeting?

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Oil Price Forecast: $70 a Barrel Holds Firm as China Adds to Demand Concerns

Oil prices continue to slide on Chinese demand and import concerns. Is the YTD low at risk of a retest?

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GBP Price Forecast: UK House Price Index Rises for 2nd Consecutive Month

GBP/USD prices are attempting a pullback as UK house prices surprised to the upside as US labor markets come under the spotlight later today.

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Crude Oil Forecast: Prices in Freefall as Pivotal Technical Support Caves In

This article delves into the reasons behind oil’s recent selloff. The piece also examines the commodity’s technical outlook, analyzing critical price thresholds that should be on every trader's radar in the coming days and weeks.

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Bitcoin (BTC/USD) Price Forecast: On the Way to $50K or Retracement First?

Bitcoin takes a breather with key resistance resting at the $45k mark. Will Bitcoin experience a significant pullback as option markets hint at a push toward the $50k handle?

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Gold Price Forecast: Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

Gold’s failure to close below the $2020/oz support area yesterday prompting a retest of key resistance hovering at $2032/oz. Will the NFP print facilitate a new leg to the upside?

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Yen Price Update: Officials Mum on Policy Overhaul, USD/JPY Consolidates

BoJ officials aren’t prepared to commit to a timeframe when negative interest rates will come to an end. Data is yet to convince the committee to end decades long stimulus and USD/JPY consolidates ahead of NFP

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Euro Price Forecast: EUR Threatened by Dovish ECB & Bleak Forecasts

EUR prices stay depressed as markets digest less aggressive commentary from ECB officials as rate expectations see cuts in the first quarter of 2024.

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Nasdaq 100 Up After Support Rejection, Gold Down Despite Collapse in US Yields

In this article, we analyze the technical outlook for the Nasdaq 100 and gold prices, examining major price levels that could act as support and resistance later this week.

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US Dollar Setups: USD/JPY Gains as GBP/USD Trends Lower, AUD/USD Hammered

This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.

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AUD Breaking News: RBA Holds Rates, Aussie Dollar Slips

AUD prices weakened against the USD after the RBA decided to maintain current rates as inflation and wage growth looks to be softening.

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Gold Clobbered after Fakeout; EUR/USD, Nasdaq 100 Hit by Rebound in US Yields

In this article, we scrutinize the technical outlook for gold, EUR/USD and the Nasdaq 100, analyzing major price levels that could come into play throughout the week.

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GBP/USD Price Forecast: Mixed Technical Signals and a Stronger US Dollar Weigh on Cable

Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.

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US Dollar Flies as US Yields Spring Back to Life, Setups on USD/JPY, AUD/USD

In this article, we analyze the technical outlook for USD/JPY and AUD/USD, taking into account market sentiment and price action dynamics. We also examine key levels that may act as support or resistance later this week.

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CAD Price Forecast: Loonie Stalls Ahead of BoC

USD/CAD prices are cautious ahead of US and Canadian economic data with the US dollar possibly looking to make a comeback.

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Bitcoin (BTC), Ethereum (ETH) Surge to Fresh 18-Month Highs

Bitcoin and Ethereum have broken through prior areas of resistance and are back at levels last seen 18 months ago.

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XAU/USD Breaking News: Gold Reaches All-Time Highs

Gold prices almost hit the $2150 level as safe haven demand from increasing tensions in the Middle East. XAU/USD now looks to be in for a breakdown lower.

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Markets Week Ahead: Gold in Record Zone as Dow Breaks Out; EUR/USD, USD/JPY Eye NFP

The U.S. ISM services PMI and November U.S. employment data will take center stage this week. These reports are likely to offer invaluable clues about the health of the U.S. economy, which could set the tone for financial markets.

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US Dollar’s Trend Hinges on US Jobs Data, Setups on EUR/USD, USD/JPY, GBP/USD

This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD. It also examines key price levels that could come into play ahead of the November U.S. jobs report.

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Oil Weekly Forecast: Crude Oil Markets Dissatisfied by OPEC+

Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.

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Gold Weekly Forecast: XAU Eyes NFP After Powell

Gold prices rallied to end the week well above the $2000 mark as XAU/USD heads into the overbought zone.

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FTSE 100, Dax 40 and S&P 500 Remain Bid as Inflation Slows

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a strong November.

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CAD Price Forecast: Loonie Susceptible to Canadian Jobs Report & Fed Chair Powell

USD/CAD prices have reached a key inflection point with a possible upside reversal looming. Canadian employment and Fed speak crucial for short-term guidance.

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