US Dollar Forecast- Dollar and the Markets Contemplate Volatility and QE Amid extreme financial market volatility swings and talk of US stimulus plans, the US Dollar finished out a second consecutive week in the red. Japanese Yen Forecast – Japanese Yen To Extend Gains on Global Slowdown, Fed Tightening Fears A lull in homegrown event risk will keep macro-level trends in focus for the Japanese Yen in the week ahead British Pound Forecast – GBP/USD Rebound ...
Price & Time Analysis: EUR/USD EUR/USD has traded in a sideways to higher range since finding support near 1.2500 at the start of the monthOur near-term trend bias is higher in the euro while over 1.2605The 61.8% retracement of the 2012/2014 advance (polarity) at 1.2785 needs to be overcome to set off a more important correcttive move higherEarly next week is the next minor turn ...
Gold Eyes 2013 Lows Post NFPs- Fed Minutes in Focus Fundamental Forecast for Gold: Bearish Gold Braces For A Bumpy Ride On NFP, Natural Gas Dives On Storage Data Gold Holding Up at 1206…1240 Next? Gold prices are markedly lower this week with the precious metal off by more than 2.1% to trade at $1191 ahead of the New York close on Friday. The losses come on the back of a strong employment report with improving US data ...
US Dollar Forecast - Dollar’s Rally Has Grown Even More Extreme The Dollar’s rally grows more remarkable with each week…at the same time that it grows more difficult to believe.There is no denying its bullish bearing. British Pound Forecast - British Pound Selling to Continue on Static BOE, Hawkish FOMC Minutes The British Pound is vulnerable to continued selling as a status-quo BOE policy announcement and hawkish FOMC minutes erode the UK unit’s yield appeal. ...
Talking Points: US Dollar Sets 4-Year High, Working on 7th Straight Up DayS&P 500 Edging Downward as Sellers Eye September BottomGold Aims to Extend Down Move After Hitting a 9-Month Low US DOLLAR TECHNICAL ANALYSIS – Prices are working on a seventh consecutive advance, extending to a new four-year high. A daily close above the 38.2% Fibonacci expansion at 11130 exposes the 50% level at 11200. Alternatively, a reversal back below the 23.6% Fib at 11043 clears ...
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