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access_timeSeptember 24, 2023
Latest:
  • RBC: BOJ unlikely to shift policy any time soon; puzzling that analysts are bullish on JPY
  • People’s Bank of China adviser – China has limited room for further monetary policy easing
  • Markets Week Ahead: US Dollar, British Pound, Euro, Key Inflation Gauge, German CPI
  • US Dollar Technical Weekly Outlook: EUR/USD, GBP/USD in Focus as Downtrends Continue
  • S&P 500, Dow Jones Forecast: Fed Rate Path Weighs on Equities
  • Newsquawk Week Ahead: Highlights include US PCE, EZ Flash CPI & China Caixin PMI
  • Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead
  • USDCAD has a down, up and down week and is closing the week between MA levels
  • WTI crude oil futures settle at $90.03
  • The Fed’s Daly (non-voting member): We are closer to our destination

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Category: Analyst Picks

This category covers the latest forex analyst picks, which are recommendations from professional traders on which currencies to trade. Analyst picks can be a great way to get insights into the forex market and to find potential trading opportunities.

Analyst Picks

Bearish Copper Outlook on Diverging US-China Data

Posted onSeptember 6, 2023

Robust US data lifts the dollar while waning Chinese industrial activity opens up downside risks for copper Source

Analyst Picks

Short WTI Following Wedge Breakout

Posted onAugust 16, 2023

WTI appears vulnerable following wedge breakout. Are we finally in for a deeper retracement? Source

Analyst Picks

Bullish USD/CNH: High-Flying US Yields, Worsening Chinese Data

Posted onAugust 15, 2023

USD receives support from rising US treasury yields while Chinese fundamental data continues to slide. Potential for benchmark rates cuts next week (LPR) Source

Analyst Picks

XAU/USD Price Forecast: Gold Bulls Stalk Falling Wedge

Posted onAugust 8, 2023

Gold prices could be in for an imminent rebound as bullish technical patterns unfold. Source

Analyst Picks

Euro Stoxx 50 Showing Signs of Fatigue as EU Data Worsens

Posted onAugust 1, 2023

EU manufacturing data revealed an even worse outlook for the single market economy in July, sending European indices lower after printing fresh new high Source

Analyst Picks

AUD/NZD Preps for Golden Cross

Posted onJuly 20, 2023

AUD/NZD is setup both fundamentally and from a technical analysis standpoint to push higher. Source

Analyst Picks

EUR/GBP to Remain Under Pressure as Yields, Terminal Rates Favour Sterling

Posted onJuly 18, 2023

EUR/GBP hints at further downside ahead of a crucial UK core inflation print on Wednesday. Should the wider measure if inflation remain, EUR/GBP could be …

Analyst Picks

Markets Might be Pricing in Policy Uncertainty That May Present Opportunities

Posted onJuly 13, 2023

Range Trading – More of the Same for Markets as Uncertainty Remains the Certainty. Source

Analyst Picks

USD/JPY Setup: Awaiting Pullback to Fibonacci Support Before Next Bullish Leg

Posted onJuly 7, 2023

USD/JPY rallied significantly in June, but has begun to dribble lower this month. Despite the recent pullback, the pair’s fundamental and technical outlook remains constructive. …

Analyst Picks

Descending Triangle Unfolding on EUR/USD

Posted onJuly 5, 2023

The euro is testing key support and may breakdown further should fundamentals align with the bearish technical chart signals. Source

Analyst Picks

Bullish GBP/USD Setup Around the BoE Rate Decision

Posted onJune 20, 2023

Cable has enjoyed a notable bull run which appears to be taking a breather ahead of the BoE decision. The retracement may offer an opportunity …

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Recent Posts

  • RBC: BOJ unlikely to shift policy any time soon; puzzling that analysts are bullish on JPY
  • People’s Bank of China adviser – China has limited room for further monetary policy easing
  • Markets Week Ahead: US Dollar, British Pound, Euro, Key Inflation Gauge, German CPI
  • US Dollar Technical Weekly Outlook: EUR/USD, GBP/USD in Focus as Downtrends Continue
  • S&P 500, Dow Jones Forecast: Fed Rate Path Weighs on Equities

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