Outlook

Crude Oil, WTI, Brent, OPEC+, Fed, China, RBOB Crack Spread, Backwardation – Talking PointsCrude oil is on the front foot going into August after an astounding JulyOPEC+ production cuts might be having their desired effect as growth pick…

EURO FORECASTEUR/USD rose modestly after the Federal Reserve announced its July monetary policy decisionThe Fed resumed its tightening campaign after a brief pause last month, raising interest rates by 25 basis points to 5.25%-5.50%, but…

JULY FOMC MEETING KEY POINTS:The Fed is expected to raise interest rates by 25 basis points to 5.25%-5.50%With a quarter-point hike fully priced in, attention should be on the tightening roadmapPowell is likely to offer guidance on the…

Euro, EUR/USD, US Dollar, Bollinger Bands, Volatility, Island Reversal, Fibonacci - Talking pointsEuro bearishness has unfolded with some signals having added weightEUR/USD price action has seen mixed volatility outcomes with event risk…

EURO FORECAST:The Fed is expected to raise rates by 25 basis points on WednesdayThe ECB will unveil its monetary policy announcement on Thursday, followed by the Bank of Japan on FridayThis article looks at EUR/USD and EUR/JPY’s key tech…

Euro, EUR/USD, US Dollar, Bollinger Bands, Island Reversal, Fibonacci - Talking pointsThe Euro bullishness has paused with technical indicators asking questionsEUR/USD price action going into the weekend may reveal short-term directionIf…

Euro, EUR/USD, US Dollar, Fibonacci, Range, Momentum, Trend - Talking pointsThe Euro rally is pushing to test some resistance levels but is yet to break the rangeThe ascending trend seems intact for now and momentum might be unfoldingSome…

CANADIAN DOLLAR FORECAST:The Bank of Canada will announce its July monetary policy decision on WednesdayThe central bank is seen lifting interest rates by 25 basis points to 5.0%BoC’s guidance is likely to shape the course of the Canadian…

FED MINUTES KEY POINTS:Fed minutes from the June meeting show that central bank officials believe that additional policy firming may be warranted to curb price pressuresThe account of the two-day session also reveals that policymakers are…

GOLD PRICES FORECAST:Gold prices were subdued on Wednesday after Fed chair Powell indicated that the central bank plans on hiking two more times this yearTaking into account recent weakness, the precious metal has fallen more than 2.5% in…