AUD/USD Chart Flags Bullish Potential as RBA Nears Amid China Lockdowns

AUD/USD is trading within a bullish Flag chart pattern as Asia-Pacific traders focus on central bank policy, the war in Ukraine and ongoing lockdowns in China.

from DailyFX - Market News https://ift.tt/eOmgC2B
via IFTTT

Cross Asset Forecasts for Q2 2022

Cross asset fundamental and technical forecasts to prepare you for Q2 2022.

from DailyFX - Market News https://ift.tt/gUeJcAd
via IFTTT

Bitcoin Price Forecast Q2 2022: Still Not Immune from Market Risk

Q1 hasn't been easy for investors. In fact, the stock market had one of its worst starts to a year in history, rivaled by the GFC and great depression. Of course, Bitcoin as a high beta asset hasn'...

from DailyFX - Market News https://ift.tt/WVDOKC5
via IFTTT

Short EUR/CAD: Top Trade Opportunities

The first quarter of 2022 ended with the US dollar, Australian dollar and Canadian dollar as standout performers while the Turkish Lira, Russian Ruble, Japanese Yen and the Euro were among the wors...

from DailyFX - Market News https://ift.tt/YeCbZ1A
via IFTTT

Short SPX: Top Trade Opportunities

As 2021 wound to a close, the animal spirits that had become the stock market for much of the previous year were being broken. Then in Q1 the market itself broke. The recent decline was deep, but h...

from DailyFX - Market News https://ift.tt/1BxL2uP
via IFTTT

JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?

The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD, AUD, GBP ...

from DailyFX - Market News https://ift.tt/vBOs8nJ
via IFTTT

Gold Price Forecast Q2 2022: Outlook Proves Mixed

There's no two-ways about it: gold prices outperformed our expectations in Q1 22. Our rationale for not taking a bullish outlook on gold was, and still is, well-grounded: central banks, including t...

from DailyFX - Market News https://ift.tt/xycOSRd
via IFTTT

EUR Forecast Q2 2022: A Badly Battered Euro May Find a Lifeline in Ukraine, But Can an Upswing Last?

The Euro suffered punishing losses in the first quarter of 2022. The currency is on pace to shed almost 3 percent against an average of its major counterparts, marking the worst three-month perform...

from DailyFX - Market News https://ift.tt/tbmWKqR
via IFTTT

Bearish USD/CAD: Top Trade Opportunities

Amid heightened geopolitical and fundamental risks, the safe-haven appeal of the US Dollar and the hawkish rhetoric of the Federal Reserve has allowed USD to strengthen against its major counterpar...

from DailyFX - Market News https://ift.tt/UHZ3F1q
via IFTTT

Energy Stocks Look Attractive on Soaring Oil: Top Trade Opportunities

The first quarter was quite eventful for Wall Street, but the war in Eastern Europe was clearly a standout. Geopolitical tensions rattled financial markets, weighed on equities, and sparked a commo...

from DailyFX - Market News https://ift.tt/OZE57MR
via IFTTT

AUD Forecast Q2 2022: Commodities and Central Banks in Focus

The Australian Dollar made an 18-month low in January, eclipsing the November 2020 nadir of 0.6991 by a small margin.

from DailyFX - Market News https://ift.tt/0TKhgpx
via IFTTT

Long Ethereum (ETH/USD): Top Trade Opportunities

The outlook for Ethereum, both technically and fundamentally, is starting to look rosy and this should feed through into its price over the coming quarter.

from DailyFX - Market News https://ift.tt/aPv0hYU
via IFTTT

Getting Long the Semiconductor Space via SMH: Top Trade Opportunities

Whether we blame rising rates, supply chain issues, or the war in Ukraine, the semiconductor space has seen significant downside this year with SMH down 16% to end the first quarter of trading.

from DailyFX - Market News https://ift.tt/pveXItS
via IFTTT

Equities Forecast Q2 2022: Fed Policy Remains the Biggest Risk for Equity Markets

A volatile first quarter for US equities, which grappled with not only an inflation-fighting Federal Reserve but also increased geopolitical tensions.

from DailyFX - Market News https://ift.tt/pRMKxmU
via IFTTT

US Dollar Forecast Q2 2022: Dollar Rate Hikes, Conversion and Safety Appeal

It is difficult to tell what role the Dollar will play in the global financial system heading into the second quarter of 2022. On the one hand, traditional risk assets have held back the tide of a ...

from DailyFX - Market News https://ift.tt/cqE78hM
via IFTTT

Crude Oil Forecast: WTI Price Drop Extends on US SPR Release, Brent Losses Outpace

Oil prices continue to fall on Friday during Asia-Pacific hours as traders digest the US move to release one million barrels of oil per day from the Strategic Petroleum Reserve. Brent prices underp...

from DailyFX - Market News https://ift.tt/wqYEUPR
via IFTTT

EUR/USD Reveres from 50-Day SMA with US NFP Report on Tap

Fresh data prints coming out of the US may drag on EUR/USD as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

from DailyFX - Market News https://ift.tt/rILAVt3
via IFTTT

NZD/USD May Fall as APAC Traders Brace for US Jobs Report

The New Zealand Dollar may fall against the US Dollar as Asia-Pacific traders brace for tonight's US jobs report. Asian equity markets may fall after US-listed Chinese tech stocks plunged overnight.

from DailyFX - Market News https://ift.tt/PHQydDI
via IFTTT

Gold Price Forecast: Rebound Takes Shape Following Test of 50-Day SMA

The price of gold may stage a larger recovery over the coming days as it appears to be reversing course after testing the 50-Day SMA ($1896).

from DailyFX - Market News https://ift.tt/zg793cn
via IFTTT

Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rate hike odds have increased meaningfully for both the BOE and ECB in recent weeks.

from DailyFX - Market News https://ift.tt/h8KeoT3
via IFTTT