Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing
The Australian Dollar may struggle despite ongoing optimism from Wall Street as falling bond yields and inflation expectations sap AUD/USD’s appeal. Focus on the Federal Reserve next.
DAX 30 & FTSE 100 Wedge Breaks Look Imminent, Catalyst Required
The DAX 30 and FTSE 100 have worked themselves into similar rising wedge patterns that may suggest a break lower is imminent. That said, such a breakdown may be difficult to establish given current...
GBP/USD Weekly Forecast: Last Chance for Currency Volatility on FOMC Meeting
GBP/USD continues to trade in ranges as volatility dwindles.UK Data to play second fiddle to FOMC.
EUR/USD June Open Range Vulnerable as ECB Sticks to Higher PEPP
EUR/USD may threaten the opening range for June following the ECB rate decision as the exchange rate struggles to retain the rebound from the monthly low (1.2104).
South African Rand Price Action Setups: USD/ZAR, EUR/ZAR, GBP/ZAR
Rand analysis has been riddled with complexities this week but after a rollercoaster price action ride, things seem to have settled as markets head to a close. Get your USD/ZAR, EUR/ZAR and GBP/ZAR...
U.S. Consumer Sentiment Rebounds but Fails to Create Volatility as Markets Await the Fed
U.S. Consumer sentiment rebounds in June and jumps to 86.4, a sign that household spending may remain healthy to continue to drive the economic recovery.
South African Rand Price Action Setups: USD/ZAR, EUR/ZAR, GBP/ZAR
Rand analysis has been riddled with complexities this week but after a rollercoaster price action ride, things seem to have settled as markets head to a close. Get your USD/ZAR, EUR/ZAR and GBP/ZAR...
Inflation (CPI), The Fed & ECB – FinTwit Trends to Watch
FinTwit was abuzz this week which was in stark contrast to actual financial market reactions. Inflation data, ECB interest rate announcements as well as focus on the Fed for next week enthralled ma...
EUR/GBP Price Forecast - Negative Sentiment May Test Recent Range Support
EUR/GBP continues to probe the lower bound of the multi-week trading range and support may be tested soon.
Gold Price Forecast: Gold Upside Test as US Rates Drop - Last Chance for Volatility
Gold hovers around 1900. Markets take transient view to inflation. FOMC provides last chance for volatility.