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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: Market Outlook

This category covers the latest forex market outlook, which is an overview of the current state of the forex market and the factors that are likely to influence it in the future. The forex market outlook can be a great way to get a sense of the overall direction of the market and to identify potential trading opportunities.

Market Outlook

Asia Day Ahead: Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

Posted onAugust 22, 2023

The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq. …

Market Outlook

Euro Steadies as Hang Seng Tanks on PBOC’s Shallow Cut. Lower EUR/USD?

Posted onAugust 21, 2023

The Euro eked out small gains to start the week as the US Dollar adjourns it bull run while China’s stimulus measures fall short of …

Market Outlook

Markets Week Ahead: Gold, US Dollar, Nasdaq 100, Treasury Yields, Jackson Hole, China

Posted onAugust 20, 2023

Surging Treasury yields pushed down gold prices as the US Dollar outperformed and equity markets wobbled. Ahead, all eyes are on the Fed’s Jackson Hole …

Market Outlook

HK/China Equities Test the Line in the Sand; Hang Seng, CSI 300 Price Setups

Posted onAugust 17, 2023

China/Hong Kong equities are testing crucial support areas that could define the trend for the next few weeks, possibly months. What is the outlook and …

Market Outlook

Hawkish Tilt in Fed Minutes, While Trade Data in Asia Weakened: Gold, USD/SGD, US Dollar

Posted onAugust 17, 2023

It was another down day in Wall Street, as statements from the FOMC minutes did not reflect the level of unity among policymakers to pause …

Market Outlook

Crude Oil Collapses as China Woes the US Dollar Strength Take its Toll

Posted onAugust 16, 2023

Crude oil prices broke lower yesterday and has underperformed today as developments out of China has risk assets on the backfoot amidst US Dollar reclaiming …

Market Outlook

S&P 500 Below 50-day MA, VIX up 11% as Market Caution Persists: S&P 500, NZD/USD, GBP/USD

Posted onAugust 16, 2023

The pull-ahead in US retail sales validates soft landing hopes but also leaves room for rates to be kept high for longer, with market sentiments …

Market Outlook

Australian Dollar Defies Gravity with Action Out of China, the PBOC and Japan

Posted onAugust 15, 2023

The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing …

Market Outlook

Markets Week Ahead: US Dollar, Gold, Crude Oil, Nasdaq 100, RBNZ, FOMC Minutes, CPI

Posted onAugust 13, 2023

The US Dollar outperformed alongside Treasury yields last week, pushing down gold prices. Meanwhile, crude oil prices just barely managed a 7th consecutive weekly gain. …

Market Outlook

Asia Day Ahead: Subdued Start in Asia as Wall Street Rally Fizzles

Posted onAugust 11, 2023

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting …

Market Outlook

Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

Posted onAugust 9, 2023

The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick …

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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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