Setups

S&P 500, SPX, NASDAQ 100, NDX - OUTLOOK:The S&P 500 index and the Nasdaq 100 index have retreated from key resistance.Markets will be looking for indications of a Fed pivot from Powell’s tone and comments later Thursday.What are…

JAPANESE YEN PRICE, CHARTS AND ANALYSIS:Yen Gets Temporaray Boost on Rumors of BoJ Increase in Inflationary Forecasts.BoJ Threats of Intervention are Starting to Become a Regular Occurrence. How Long Before it Loses its Shine?IG Client…

HANG SENG, CSI 300, HSI - Outlook:Hang Seng Index’s rebound ran out of steam toward the end of last week.China data released last week showed the economy is yet to witness a solid recovery.What is the outlook and what are the key levels to…

US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action:USD/JPY is flirting with the psychological 150 mark.EUR/JPY continues to be capped at key resistace; AUD/JPY is holding above key support.What is the outlook and what are…

Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook:EUR/USD has rebounded from quite strong support.Downside in EUR/AUD could be limited; EUR/NZD’s slide is losing steam.What is the outlook and the key levels to watch in key…

HANG SENG, KOSPI, TOPIX – Price Action:The Hang Seng Index, Kospi, and Topix have rebounded from key support despite the latest escalation in geopolitical tensions.Hang Seng has some tough hurdles to clear before the weak outlook…

Euro Price Setups: EUR/USD, EUR/GBP, EUR/JPYEU PMI data shows modest improvement but demand hampers growthEUR/USD: Treasury yields outpace Bund yields, ECB more likely to have peakedEUR/GBP: Mean reversion in focus as bullish potential…

Euro Vs US Dollar, Japanese Yen, British Pound – Outlook:EUR/USD looks deeply oversold as it tests strong support.EUR/GBP is attempting to break above a minor resistance; EUR/JPY looks heavy.What is the outlook and the key levels to watch…

British Pound Vs US Dollar, Euro, Japanese Yen – Price Setups:Still-hot UK wage growth hasn’t translated into higher GBP/USD yet.EUR/GBP is holding above vital support, frustrating bears.GBP/JPY continues to be well guided by a rising…

Australian Dollar Vs US Dollar, Euro, British Pound – Price Setups:AUD/USD is attempting to form a temporary base.The consolidation/correction in EUR/AUD and GBP/AUD may not be over yet.What is the outlook and the key levels to watch in…