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access_timeSeptember 23, 2023
Latest:
  • 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
  • ECB’s de Cos: Underlying inflation is now easing

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Category: Market Outlook – North American Market

This category covers the latest forex market outlook for the North American market. The North American market is the largest market in the world, so it is important to stay up-to-date on its activities.

Market Outlook - North American Market

S&P 500, Nasdaq Weekly Outlook: Banking Sector Stress Takes Center Stage

Posted onMay 5, 2023

US equities have struggled to clear past their recent highs even as the US Federal Reserve hinted at a pause in the hiking cycle. As …

Market Outlook - North American Market

Can the Japanese Yen rely on its safe-haven appeal in Q2 – Will USD retaliate?

Posted onApril 10, 2023

While the BoJ is expected to maintain the current status quo throughout Q2, the focus remains on the Fed’s next move.

Market Outlook - North American Market

US Crude Oil and USDCAD Push Synched Range Swings Ahead of US CPI

Posted onFebruary 13, 2023

Congestion is a common affliction across the financial markets, but expectations for a CPI volatility punch is high. For crude oil’s and USDCAD’s broad ranges, …

Market Outlook - North American Market

Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed

Posted onFebruary 2, 2023

The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – …

Market Outlook - North American Market

USD Breaking News: CB Consumer Confidence Declines Ahead of FOMC

Posted onJanuary 31, 2023

CB Consumer Confidence decreases to 107.1 (vs est 109) – higher interest rates weigh on the business confidence and the short-term employment outlook.

Market Outlook - North American Market

S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead

Posted onDecember 16, 2022

Bears made a noticeable re-appearance this week with a steely focus on 2023 price action, but will bears make a push into the end of …

Market Outlook - North American Market

SPX, Nasdaq Slide; USD, EUR/USD Tendencies of Turn After CB Onslaught

Posted onDecember 15, 2022

Markets remained on the move today through ECB and BoE rate decisions. A massive options expiry is on the calendar for tomorrow, which can keep …

Market Outlook - North American Market

Dollar Surges and S&P 500 Drops After Fed Hikes 50bps Raises 2023 Forecast

Posted onDecember 14, 2022

The Federal Reserve announced its last rate decision of 2022 and it offered the ‘pivot’ that many had expected. A 50bp rate hike ended the …

Market Outlook - North American Market

Dollar’s Post-CPI Tumble Already Leveling Out as Focus Shifts to FOMC

Posted onDecember 13, 2022

Following a further slowdown in US inflation data, the Dollar has extended its slide to test lows not seen in six months. For a number …

Market Outlook - North American Market

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted onDecember 12, 2022

The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from …

Market Outlook - North American Market

Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend?

Posted onDecember 10, 2022

The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is …

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Recent Posts

  • 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?

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