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Gold Looks to Powell for a Confirmation
Gold, XAU/USD - Technical Setup:Gold is above quite strong converged support area.XAU/USD is now attempting to break a crucial resistance which could expose the upside toward 1876.What are the key levels to watch?
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Japanese Yen Firms Ahead of Powell and BoJ as US Dollar Pauses. Where to for USD/JPY?
The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be pivotal for USD/JPY direction.Japanese Yen, USD/JPY, US Dollar, BoJ, Powell, Fed,…
Reverses from three-week high towards previous resistance surrounding $78.50
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WTI takes offers to refresh intraday low, snaps four-day uptrend.
RSI’s retreat from overbought…
Best Week Since July Offers Near-Term Bullish View
Natural Gas, Strongest Weekly Rally Since Mid-July – Technical Update:Natural gas prices rallied the most since July last weekThis continues to offer a near-term bullish perspectiveIt remains difficult to overturn the broader bearish view…
Cable retreats towards resistance-turned-support near 1.2000
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GBP/USD pares the first weekly gain in three as traders brace for the key data/events.
Upside break…
XAU/USD bulls focus on Federal Reserve Chairman Powell, United States jobs report
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Gold price snaps four-week downtrend amid early March, eyes more upside.
Mixed United States data,…
AUD/USD, coiled and it gives us plenty of risk events this week, including the RBA
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AUD/USD traders get set for a busy week.
The RBA, NFP and Fed chair will be the main focus.
The…
Speculative Frenzy at Risk ahead of Key US Jobs Report
STOCK MARKET WEEK AHEAD OUTLOOK: BEARISH TO NEUTRALS&P 500 and Nasdaq 100 close the week higher despite rising Treasury yieldsThe Fed’s hawkish monetary policy outlook remains a key risk for stocksPowell’s testimony before Congress and…
Dow Jones, S&P 500, US Dollar, Powell, NFPs, RBA, BoC, BoJ
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Get Your Free Equities Forecast
Global risk appetite improved this past week. On Wall Street, the Dow Jones and S&P 500 rallied 1.79% and 1.86%, respectively. Meanwhile,…
Forex and Cryptocurrency Forecast for March 06 – 10, 2023 – Analytics & Forecasts…
EUR/USD: Pause in the 1.0600 Zone ● On Thursday, March 02, the DXY dollar index broke again through the bar at 105.00 points but could not stay there. As usual, the dollar was supported by an increase in US government bond…