AUD/USD is trying to gain significant traction and remains in a range. A combination of various factors will revive USD demand and act as a headwind for the pair. Bets on further RBA rate...
Read More
2 Minutes
0 Minutes
EUR/USD PRICE ANALYSIS: FURTHER UPSIDE IN STORE ABOVE 1.0690
EUR/USD faces a corrective decline and falls to 1.0860. Short-term bullish bias remains intact above 1.0690. EUR/USD retreats for the second time in a row and revisits the 1.0860 area on Friday. Above the...
Read More
0 Minutes
UMich final January consumer sentiment 64.9 vs 64.6 expected
Original rating was 6.6Previously 59.7 Current status 68, vs. 68.6 Original Expectations 62.7 vs 62.0 OriginalAnnual Inflation vs 3)% Inflation . % internal. %. and the market reacts positively to these inflation numbers. Sometimes...
Read More
0 Minutes
US December pending home sales +2.5% vs -0.9% expected
average -0.0% (adjusted -2.6%) Index 76.9 vs. 73.9 previously This is the first improvement since May’s low of 6 points. „This recent decline in home sales is likely over,” said Lawrence Yun, NAR’s chief...
Read More
2 Minutes
GBP/JPY Forecast: Gets Pummeled
The size of the daily candlestick certainly suggests that there is a lot of selling pressure and momentum is on the downside. Looks like the market is right again. There has been talk of...
Read More
2 Minutes
EUR/USD Forecast: Breaks Out after CPI Number
I suspect we’ll continue to see a lot of volatility, but frankly it’s hard to bet against the euro right now, it’s rallied so hard and everyone is convinced the Fed will eventually pull...
Read More
2 Minutes
S&P 500 Forecast: Continues to Wait for the Jobs Figure
If we don’t make a big intraday move on Friday, I suspect we should see the market move more when we come back next week. , The SandP 500 is slightly lower in trading...
Read More
2 Minutes
WTI Crude Oil Forecast: Market Attempts to Recover on Thursday
I don’t think we’ll necessarily break out significantly from this, but I think the rallies in general will continue. West Texas Intermediate crude oil market is slightly higher during Thursday’s trading as we look...
Read More