Weekly Forex Forecast – NASDAQ 100 Index, USD/JPY, GBP/USD
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GBP/USD: Weekly Forecast 4th June
The GBP/USD jumped upwards in the middle of last week, as the currency pair reacted to comments from two U.S Federal Reserve […]
EUR/USD: Weekly Forecast 4th June
The EUR/USD made a new monthly low in the middle of last week, but then turned upwards as the currency pair reacted […]
Trading Support and Resistance – USD/JPY, USD/CHF
Last week, I made no weekly forecast, as there were no unusually large counter-trend price movements, which is the basis of my […]
Pairs in Focus This Week – GBP/USD, EUR/USD, USD/JPY, USD/CA
The GBP/USD has had a bullish week but is probably worth noting that we gave back significant gains on Friday as a […]
Continues to Look Like a “Buy on the Dip”
Overall, the British pound market is likely to continue experiencing volatility, which is a characteristic shared by many currency pairs at present. […]
Markets Recover Nicely on Thursday
It is crucial to closely monitor the 200-Day EMA, as a breakdown below this level could lead to negative consequences. Silver experienced […]
USD/JPY Forecast: Continues to See Noise
The 50-Day Exponential Moving Average (EMA), which currently sits around the ¥136 level, is rising sharply. It is likely to serve as […]
Turns Things Around on Thursday
That’s probably the biggest threat to the markets right now, if the Federal Reserve suddenly becomes even more hawkish, and some people […]
Continues to see Volatility and Overall Nega
The movement of commodities and the prospect of global economic growth will play a significant role in determining the direction of the […]
Continues to See Fight to the Upside
At the end of the day, the British pound initially experienced a pullback during Thursday’s trading session but quickly regained strength. The […]
Uncertain action in the Oil markets
Despite expectations of a short-term bounce, it is unlikely to result in a significant trend change. The West Texas Intermediate Crude Oil […]