Saturday, 16 April 2022

Gold Price Forecast: XAU/USD to Fall Alongside Inflation Expectations

Gold bulls put in work last week, pushing bullion prices up around 1.5% after a red-hot US CPI report. However, sellers may step in soon on falling inflation expectations and growingly hawkish cent...

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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 ...

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Friday, 15 April 2022

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.

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US Dollar Forecast: Fed Chairman Powell to Speak at IMF Meeting

Developments coming out of the IMF 2022 Spring Meeting may influence the US Dollar as Chairman Jerome Powell is scheduled to speak at the event.

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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 ...

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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'...

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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...

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Australian Dollar Outlook: AUD Undermined by USD as Fed Hikes All Priced In

The Australian Dollar has strong fundamentals, but a hawkish Fed has favoured the US Dollar up to now. Fresh data is some way off, what will drive AUD/USD?

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Thursday, 14 April 2022

Crude Oil Price Forecast Q2 2022: Robust Demand Still Met with Limited Supply

The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as expectations fo...

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British Pound (GBP) Forecast: Cable On the Back Foot Going Into Easter

GBP/USD looks to enter the Easter weekend in the red after a strong comeback on Wednesday. The pound is in for a quiet week next week with focus on the US.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

It was a big week for the US Dollar, with an 8.5% CPI print and fresh 20-year highs in USD/JPY.

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Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

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Wednesday, 13 April 2022

Singapore Dollar Soars, Monetary Authority of Singapore Tightens, USD/SGD Eyes Support

The Singapore Dollar is aiming for its best day against the US Dollar in 5 weeks after the Monetary Authority of Singapore (MAS) tightened policy. USD/SGD is eyeing support next.

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Crude Oil Price on Track to Clear Opening Range for April

The price of crude oil may stage a larger advance over the remainder of the week if it manages to clear the opening range for April.

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NZD/USD Breaks Support as APAC Traders Brace for Australian Jobs Report, PBOC Action

NZD/USD broke through a critical trendline overnight despite yesterday's RBNZ rate hike. APAC traders are bracing for Australia's March jobs report and a potential RRR cut from the PBOC.

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Goldman Sachs, Wells Fargo, Citigroup & Morgan Stanley Earnings Eyed After JPMorgan Flops

Major banks will continue to report first quarter results in the coming days. On Thursday, earnings from Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley will be in the spotlight.

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Australian Dollar May Rise as Europe Seeks Alternatives: Top Trade Opportunities

The Australian Dollar could be poised to benefit in the second quarter, appreciating from the spillover effects caused by Russia's attack on Ukraine

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EUR/USD Technical Risks & More with John Kicklighter and Pete Mulmat

Every month, DailyFX Chief Strategist and IG US CEO Pete Mulmat sit down to discuss their favorite forex pairs. This week, John and Pete discussed USD sentiment, risks in EUR/USD, and commodity cur...

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AUD/USD Rebounds from Weekly Low with Australia Employment on Tap

Fresh data prints coming out of Australia may prop up AUD/USD as employment is expected to increase for the fifth consecutive month.

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How to Create a Trading Plan in 7 Steps

A trading plan guides traders through the trading process. Learn how to set one up in 7 steps.

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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...