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access_timeSeptember 23, 2023
Latest:
  • 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
  • British Pound Weekly Forecast: Respite Unlikely As Fundamentals Wilt
  • USDCHF higher this week and back above 200 day MA. What next for next week’s trading?
  • EURUSD bangs against the 100 hour MA for the 2nd consecutive day
  • The AUDUSD and NZDUSD charts are telling the same story. What next?
  • Feds Bowman: Further interest rate increases likely appropriate with inflation still high
  • Fed Collins: Despite encouraging recent data, inflation remains too high

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Category: Forecasts

This category covers the latest forex forecasts, which are predictions of how currencies will move in the future. Forex forecasts can be a great way to get insights into the forex market and to plan your trading strategy.

Forecasts

Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead

Posted onSeptember 23, 2023

Gold and Silver managed to recover toward the end of the week despite broad-based US Dollar strength. Further upside looks likely, but a host of …

Forecasts

British Pound Weekly Forecast: Respite Unlikely As Fundamentals Wilt

Posted onSeptember 22, 2023

Sterling has lost a sizeable amount of fundamental support with the Bank of England holding rates steady. Worsening fundamentals point to an extended selloff Source

Forecasts

Japanese Yen Technical Outlook: USD/JPY, EUR/JPY Exchange Rates in Focus

Posted onSeptember 16, 2023

The Japanese Yen remains in a broadly bearish posture against the US Dollar and the Euro. What are key technical levels to watch for in …

Forecasts

Gold, Silver Forecast: Precious Metals’ Rally to Come Under Threat

Posted onSeptember 16, 2023

Gold rose late on Friday as risk sentiment dipped. This week, a hawkish Fed could put an end to minor gains as US yields, USD …

Forecasts

Euro Forecast: EUR/USD’s Fate in Fed’s Hands, EUR/JPY Carves Out Falling Wedge

Posted onSeptember 16, 2023

Within this article, we delve into the technical aspects of EUR/USD and EUR/JPY, exploring essential price support and resistance levels that merit significant attention in …

Forecasts

Nasdaq 100, S&P 500 Forecast: US Indices Remain Indecisive Ahead of a Massive Week

Posted onSeptember 16, 2023

US Indices remained indecisive this week as flip-flopping sentiment resulted in a flat close to the week. US Federal Reserve Meeting and the impending UAW …

Forecasts

Australian Dollar Forecast: The Battle Continues for AUD/USD and AUD/NZD

Posted onSeptember 15, 2023

The Australian Dollar staged a comeback of sorts last week with volatility remaining subdued ahead of the Fed’s meeting on Wednesday. Some headwinds may lie …

Forecasts

US Dollar Forecast: How Will US Inflation Data Impact Yields and USD?

Posted onSeptember 10, 2023

The upcoming August U.S. inflation report will play a crucial role in shaping financial markets, determining the trajectory of Treasury yields and the U.S. dollar …

Forecasts

Gold/Silver Forecast: Real Yields to Drive XAU/USD, XAG/USD

Posted onSeptember 10, 2023

Precious metals are in search of some positive catalysts, and the sector is looking to US real yields for some reprieve. What is the outlook …

Forecasts

Crude Oil Early September Rally Sets the Stage for Another Monthly Gain?

Posted onSeptember 9, 2023

After an early jump, crude oil prices are on course for a 4th monthly. While bearish reversal signals brew, the broader trend remains firmly bullish. …

Forecasts

Euro Forecast: ECB to Save EUR/USD Slide? EUR/GBP in Neutral Zone

Posted onSeptember 9, 2023

An outside chance of a hike from the ECB presents an opportunity to halt EUR/USD selloff. UK GDP and jobs data could reinforce Governor Bailey’s …

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Recent Posts

  • 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
  • British Pound Weekly Forecast: Respite Unlikely As Fundamentals Wilt

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