Monday, 31 January 2022

AUD/USD Bouncing Off Support as RBA Policy Decision Looms Into View

Australian dollar traders are gearing up for some additional volatility in the weeks ahead as the RBA gets set to announce its latest monetary policy decision tomorrow.

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Sunday, 30 January 2022

Euro Jumps Ahead of EU GDP and German CPI as US Dollar Pauses. Where to for EUR/USD?

The Euro found some support today as the US Dollar paused, with growing geopolitical concerns boosting energy commodities. Will EUR/USD make new lows?

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Gold Prices Extend Lower Amid Hawkish Fed, Geopolitical Tensions

Gold prices extended a 4-day losing streak as traders mulled a steeper curve for the Fed’s rate hike trajectory and a strong US Dollar. Russia-Ukraine tensions may cushion its downside however.

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Crude Oil Soars to New Heights Despite a Strong US Dollar. Where To For WTI?

Crude oil has continued its run upward as a perfect storm of geopolitical tensions, supply concerns and technical hedging pushes prices up. Will WTI go higher?

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S&P 500 Rebound May Lead Nikkei 225 Higher, Hong Kong Trading Half-Day

US stocks rallied on Friday as Apple’s stellar results boosted market sentiment. The nonfarm payrolls report and a slew of tech earnings will be in focus this week. Chinese markets will be shut for...

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AUD/USD Cautiously Higher After China Manufacturing PMI. RBA Inbound

AUD/USD is probing higher after impressive Chinese PMI data. Aussie Dollar traders are eying tomorrow's Reserve Bank of Australia (RBA) policy decision.

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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, AUD/USD, EUR/USD, GBP/USD

The Dow Jones and S&P 500 recovered during a wild trading week. Will the US Dollar continue its rise and is gold at risk ahead of NFPs? All eyes are on the RBA, ECB and BoE. Earnings from Amazon an...

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S&P 500 Forecast for the Week Ahead

Fed Chair Powell unfazed by recent stock market rout, aggressive policy tightening priced in.

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Euro Weekly Fundamental Forecast: EUR/USD Slide to Continue

The Euro has taken a beating this week after markets received confirmation of the new hawkish Fed. High impact data next week: GDP, inflation and the ECB rate decision

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Saturday, 29 January 2022

Gold Price Snaps January Opening Range Amid Detailed Fed Exit Strategy

Fresh data prints coming out of the US may keep the price of gold under pressure as the NFP report is anticipated to show a further improvement in the labor market.

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US Dollar Outlook: Hawkish Fed Has Markets Eyeing NFPs, RBA, ECB and BoE

The US Dollar may remain on the offensive next week. The RBA, ECB and BoE may offer hawkish tilts, risking further market volatility. Then, all eyes are on non-farm payrolls.

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Bitcoin (BTC) Outlook – Buy the Dip or Sell the Bounce?

Bitcoin's latest recovery is looking increasingly tired as it nears a zone of important resistance.

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Friday, 28 January 2022

Crude Oil Forecast: Russia-Ukraine Crisis Creates Upside Risks for WTI & Brent Prices

Oil has rallied sharply over the past two months and appears overbought by some metrics, but prices may remain supported over the short term on rising geopolitical tensions in Eastern Europe.

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Australian Dollar Outlook: All Eyes on the RBA as Fed Fallout Continues

The Australian Dollar is under the pump despite favourable fundamentals as the US Dollar surges on the back of a hawkish Fed.

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Thursday, 27 January 2022

NZD/USD Rate Eyes September 2020 Low as RSI Sits in Oversold Territory

NZD/USD may attempt to test the September 2020 low (0.6512) as the Relative Strength Index (RSI) sits in oversold territory.

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Bitcoin Selloff Eases Amid Broader Weakness, but Bear Flag Forms Casting Doubt on Recovery

Bitcoin is struggling to gain ground after Wall Street surrendered early gains, which pushed haven flows into the US Dollar. The APAC session may see another risk-off move to end the week.

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S&P 500 Gives Back Premarket Gains in Choppy Session, Apple Earnings Beat

The S&P 500 gave back overnight gains in a choppy session as market participants looked to Apple earnings after the closing bell.

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Nasdaq 100 Sheds Gains as Traders Sell the Rip amid Hawkish Fed Policy Outlook

The Nasdaq 100 gives up gains and ends the day sharply lower as traders become increasingly concerned about the Fed policy outlook and its implications for valuations and the economy

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USD/CAD Rallies Toward Monthly High Ahead of US PCE Report

Fresh data prints coming out of the US economy may push USD/CAD towards the monthly high (1.2814) as inflation is expected to increase for the fourth consecutive month.

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Bitcoin Setup – BTC/USD Crawls Along Support After Hawkish Fed

Bitcoin (BTC) prices have recovered slightly after failing to breach $32,000. With the Fed rate decision on the horizon, key technical levels remain intact.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...