GBP/USD Forecast: Pulls Back on Friday
Technical support from the 50-Day EMA is likely to come into play, and resistance near the 1.27 level should be monitored The […]
Natural Gas Forecast: Continues to Drift Around
In the short term, the $2.00 level is likely to serve as a floor in the market, but support extends all the […]
EUR/USD Forecast: Shows Hesitation in Uptrend
It is important to note that the Federal Reserve remains very tight with its monetary policy, which could put some gravity on […]
GBP/USD Forecast: Continues to Reach Higher
The British pound has been enjoying a positive run as the US dollar struggles. The GBP/USD has experienced significant gains again during […]
AUD/USD Forecast: Looks at Overhead Resistance
Recently, the market has been fluctuating between 0.66 and 0.68, and now that it is at the upper end of the range, […]
Silver Forecast: Recognizes Gravity, for Now
Ultimately, silver has been trading back and forth and may be showing signs of exhaustion, but a short-term pullback would make sense […]
AUD/USD Forecast: Continues to Chop Around
Ultimately, a lot of this will come down to what the US dollar is doing in terms of risk appetite. The AUD/USD […]
Silver Forecast: Recognizes Gravity, For Now
Caution is necessary when it comes to silver due to the noisy market, but it’s believed that there is still a strong […]
Natural Gas Forecast: Continues to Underwhelm
Traders should also be cautious of significant psychological barriers such as the $3.00 level. If the market breaks above this level, it […]
Crude Oil Forecast: Continues to Find Sellers
Traders remain cautious about buying crude oil due to the significant drop in prices, indicating concerns about global growth. On Monday, West […]
Gold Forecast: Remains Bid on Dips
Despite the expected high volatility, the uptrend in the gold market is expected to continue. Gold markets showed signs of life during […]
USD/ZAR Forecast: May 2023
Although the USD/ZAR finished the past week with some selling, it is clear that nervous results are still being produced in the […]