S&P 500, Nasdaq, Dow Jones Forecast: Key Support Bounces Now in Play

The S&P 500, Nasdaq and Dow Jones all ran into key support levels to start this week – which led to today’s bullish response. But can buyers still push a Santa Rally?

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British Pound (GBP/USD) Latest: The US Dollar is Back in the Driver’s Seat

The next move in GBP/USD will be decided by US economic data before the holiday season lull sets in.

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EUR/USD Forecast: Euro Bolstered by GfK Consumer Confidence

The euro grapples with positive German consumer sentiment and a stronger USD ahead of U.S. consumer confidence data later today.

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Crude Oil Holds the High Ground as Risks Swirl in BoJ Aftermath. Will WTI Rally?

Crude oil has consolidated recent gains as volatility around it calms down after yesterday’s wild ride that saw the Japanese Yen blaze higher. Will further tightening impede WTI?

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Australian Dollar Pummelled in the Japanese Yen Melee Post BoJ. Where to for AUD/JPY?

The Australian Dollar nosedived against the Japanese Yen after the Bank of Japan adjusted its monetary policy that might follow the RBA example. Will AUD/JPY keep going lower?

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Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal?

One of the FX market’s favorite measures of risk trends, the Yen-driven carry trade, suffered one of sharpest collapses in years. Yet, the Bank of Japan driven move didn’t feed all the way back up the speculative line. With the liquidity countdown continuing, is there still room for breaks from the S&P 500 and Dollar pairs?

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Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY

The Japanese Yen went on a massive run last night and the big question now is continuation potential in USD/JPY, EUR/JPY and GBP/JPY.

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FTSE 100, DAX 40 and Dow Jones Industrial Average Reversing into Large Ranges

The surprise tightening of monetary policy from the Bank of Japan caused a shake up in Asian capital markets and spilled over modestly to the subsequent European and American sessions. Yet, follow on the DAX’s, FTSE 100’s and Dow’s retreat may not need to rely on this disconnected event.

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EUR/USD Eyes Gains as US Dollar Retreats and Euro Area Data Continues Improvement

EUR/USD Bounces off support yet low liquidity could cap any significant gains. Could we remain rangebound ahead of the New Year?

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US Dollar Benefits as BoJ Capitulates to Tighter Policy, Sinking Risk Assets

The US Dollar ascendency got back on track against most currencies except the Japanese Yen after the Bank of Japan surprisingly tightened monetary policy today.

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Japanese Yen Roars on BoJ Policy Adjustment. New Lows for USD/JPY?

The Japanese Yen leapt higher against the US Dollar today after the Bank of Japan changed their yield curve control target range. Where to for USD/JPY?

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S&P 500 Slide is Stretched While Majors Positioned for Various Reversals

The S&P 500 carried over the bearish momentum that risk trends experienced last week, but the index looks stretched and faces significant technical barriers ahead. Meanwhile, the Dollar-based majors are staged for technical reversal with event risk and liquidity conditions blurring the intent for the next stage.

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S&P 500, Dow Jones, Nasdaq 100 Sink as Treasury Yields Climb, APAC Stocks at Risk

The S&P 500, Dow Jones and Nasdaq 100 sank on Monday as Treasury yields rallied, extending moves from last week. This is leaving APAC equities, like the Nikkei 225 and ASX 200, at risk.

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

The US Dollar printed a doji for last week’s candle after running into support at the prior 2017 swing high, but can EUR/USD and GBP/USD force bearish turns?

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USDJPY, AUDJPY and CADJPY: Can the BOJ Trigger Loaded Technical Patterns?

While many of the major central banks have already closed their books on their policy for 2022, the Bank of Japan will decide its last effort Tuesday morning. Though it is considered a fully-committed dove which has anchored the Yen, those unquestioned expectations and serious technicals from pairs like CADJPY present potential.

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Euro Update – EUR/USD Nudging Higher on German Ifo Beat

The single currency is starting the week in positive territory, helped by a better-than-expected set of German Ifo sentiment results.

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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AUD/USD Forecast: Downside Potential for Aussie Despite China Policy Support

AUD/USD begins the week on the front foot however, technical analysis hints at potential Aussie weakness to come.

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Euro Firms on US Dollar Weakness as Fed Hawks Undermine Equities. Has EUR/USD Peaked?

The Euro made some headway today after the US Dollar backtracked despite the Federal Reserve signalling rates will go higher and for longer. Where to for EUR/USD?

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Japanese Yen Ran Higher on a Potential BoJ Policy Shift. Will USD/JPY Break Lower?

The Japanese Yen got a boost against the US Dollar today after news over the weekend of a possible tilt toward a more flexible monetary policy for the Bank of Japan in 2023.

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