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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

Australian Dollar Forecast: New Lows Question the Outlook for AUD/USD and AUD/JPY

Posted onSeptember 8, 2023

The Australian Dollar is struggling to get off the matt with rates on hold and the global economic outlook under question. Treasury yields are rising …

Forecasts

British Pound Forecast: GBP/USD, EUR/GBP Face Heavyweight Risk Events

Posted onSeptember 8, 2023

After a quiet few days for data and events, next week the calendar has a few high importance releases that will shift British Pound pairs. …

Forecasts

Silver, Gold Price Forecast: Market Trend Hinges on Data, Key Levels in XAU/USD

Posted onSeptember 3, 2023

Gold and silver prices could rise in the coming days if interest rate expectations shift in a more dovish direction on bets that current economic …

Forecasts

Euro Forecast: EUR/USD at 7-Week Loss as EUR/JPY Shows Signs of Reversing

Posted onSeptember 2, 2023

The Euro confirmed a 7-week losing streak against the US Dollar after closing under the 100-day Moving Average. With EUR/JPY breaking lower, things are not …

Forecasts

US Dollar Forecast: DXY Poised to Extend Rally Despite Suggestions the Fed May be Done

Posted onSeptember 2, 2023

The Dollar Index (DXY) roared back to life to end the week on a high. Softening labor market data suggests the Fed may be done …

Forecasts

Japanese Yen Forecast: USD/JPY Consolidates, GBP/JPY at Decision Point

Posted onSeptember 2, 2023

The yen remains vulnerable as BoJ and Government officials dismiss policy changes and FX intervention threats. US and UK rates, yields near peaks but carry …

Forecasts

Australian Dollar Forecast: Range Trade Intact for Now for AUD/USD and AUD/JPY

Posted onSeptember 1, 2023

The Australian Dollar held firm against crosswinds that are bruising sentiment and against a US Dollar that is looking for its own identity as uncertainty …

Forecasts

US Dollar Forecast: Powell Adopts Hawkish Tone but DXY Eyes Potential Retracement

Posted onAugust 27, 2023

The Dollar Index (DXY) continued its impressive run ending the week with a hawkish message by Fed Chair Powell. Will the DXY sustain its momentum …

Forecasts

Japanese Yen Forecast: USD/JPY, GBP/JPY Establish and Reinforce Resistance

Posted onAugust 26, 2023

The Japanese Yen showed some resilience this past week after persistent weakness since the beginning of this year. Still, it remains a long road ahead …

Forecasts

Euro Forecast: ECB ‘Sources’ add to Euro Fragility Ahead of CPI Print

Posted onAugust 26, 2023

EUR/USD on track for a sixth successive week of declines as ECB council communicate caution on rates due to a fragile economy. EUR/JPY vulnerable Source

Forecasts

Australian Dollar Forecast: Consolidation for AUD/USD and AUD/JPY For Now

Posted onAugust 25, 2023

The Australian Dollar steadied the ship last week but although it is languishing against a US Dollar that continues to gain ground on the Fed …

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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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