EUR/AUD turns higher, ASX 200 falters on sluggish Australian growth
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USD/JPY Snaps Bearish Price Series Ahead of US NFP Report
USD/JPY may stage a large recovery over the remainder of the week as it snaps the recent series of lower highs and lows.
Silver Price Forecast: Silver Three-Week Support Build at $30
Silver prices have put in a strong bounce this week following last Friday’s hold of higher-low support at a key spot on the chart.
US Dollar: A Contrarian Perspective on How Trump’s Second Term Could Weaken the USD
How a shift in trade policy, the extension of tax cuts, the appointment of Scott Bessent as Treasury Secretary, and potential threats to Federal Reserve independence could pave the way for a weaker greenback under Trump.
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USD/JPY Snaps Bearish Price Series Ahead of US NFP Report
Today 08:20 PM
Silver Price Forecast: Silver Three-Week Support Build at $30
Today 07:32 PM
EUR/USD Struggles to Trade Back Above Former Support Zone
Today 05:55 PM
Canadian Dollar Forecast: USD/CAD Strength After Trump Tariff Threat
Today 04:03 PM
US Dollar Short-term Outlook: USD Bulls Eye Resistance Ahead of NFP
Today 02:02 PM
EUR/USD Struggles to Trade Back Above Former Support Zone
The opening range for December is in focus for EUR/USD as it appears to be stuck in a narrow range.
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Canadian Dollar Forecast: USD/CAD Strength After Trump Tariff Threat
USD/CAD put in a massive spike last week after a threat of 25% tariffs on Canada, but when that move pulled back buyers continued to hold support at the key level of 1.4000.
Nasdaq 100 Forecast: QQQ rises ahead of Fed Chair Powell's speech
U.S. stocks are pushing higher, with the NASDAQ 100 and the S&P 500 adding to yesterday’s record-high close ahead of comments from Federal Reserve Chair Jerome Powell. Investors are brushing off geopolitical risks, and attention is on a slew of US economic data; ADP payrolls were weaker than forecast, and ISM services PMI, as well as factory orders, are due to be released shortly. The data, along with Fed Chair Powell could give further insight into the future path for rates.
US Dollar Short-term Outlook: USD Bulls Eye Resistance Ahead of NFP
A rebound off trend support keeps the focus on a breakout of the weekly range heading into NFPs on Friday. Battle lines drawn on the DXY short-term technical charts.
Gold Forecast: XAU/USD faces key test from US data
After falling a big 3% last Monday, gold has been trading in tight ranges since, holding mostly within that day’s range. In other words, it hasn’t fallen any further, although it has also made little upside progress.
DAX, GBP/USD Forecast: Two trades to watch
DAX rises to record highs despite weak PMI data. GBP/USD falls as UK services PMI falls to its lowest level in a year.
EURUSD, Dow Forecast: On Edge Ahead of Key US Data
EURUSD, Dow Forecast: The EURUSD maintains its rebound above the key 1.0333 level, while the Dow pauses near record highs above 45,000, and the DXY holds steady at critical support ahead of Friday's NFP.
EUR/AUD turns higher, ASX 200 falters on sluggish Australian growth
Today's growth figures are unlikely to force the RBA into any easing action, but it has been enough to weigh on the Australian dollar and ASX 200. And this could allow EUR/AUD to continue higher after a 4-day retracement.
USD/JPY selloff loses steam around support, bounce incoming?
Having fallen over 5% from the November high already, the two days of indecision around support alongside a bullish divergence suggest USD/JPY could be vulnerable to some bullish mean reversion.
GBP/USD Recovery Vulnerable as Bear Flag Formation Takes Shape
GBP/USD may stage additional attempts to test the May low (1.2446) as a bear-flag formation appears to be taking shape.
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