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  1. USD/CAD Weekly Forecast

    by , 09-05-2022 at 10:08 AM
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    The Bank of Canada (BoC) interest rate decision may keep USD/CAD afloat as the central bank is expected to adjust its approach in combating inflation.
    The daily price is located above 200 SMA in the bullish area of the chart: price is trying to break resistance level at 1.32 to above for the bullish trend to be continuing. Alternatively, the price will be on secondary ranging waiting for direction of the strong trend to be started.

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  2. Euro ( EUR) Forecast

    by , 09-04-2022 at 09:05 PM
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    The European Central Bank needs to hike interest rates by 75 basis points at next week's meeting and confirm that it will continue to tighten monetary policy to throttle back runaway inflation.

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  3. USD Weekly Forecast

    by , 09-04-2022 at 06:47 PM
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    USD enters the week on a firm footing as the US Dollar Index (DXY) anticipates the ECB interest decision on Thursday. ISM non-manufacturing PMI in focus.
    The daily price was bounced from 103.94 resistance level to below for the secondary correction within the primary bulluish trend to be started.

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  4. Australian Dollar Outlook

    by , 09-04-2022 at 12:57 PM
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    The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost AUD/USD?
    The daily price broke Ichimoku cloud to below for the primary daily bearish reversal: the price is 0.6770 support level for the bearish trend to be continuing or for the secondary ranging market condition to be started.

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  5. Gold Price Forecast

    by , 09-03-2022 at 09:28 PM
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    Gold prices rebound off psychological support at a critical juncture that has provided a pivot point for the imminent move. The daily price crossed symmetric triangle pattern to below for the primary bearish trend to be continuing and it was stopped by support level at 1688 and psy level at 1700: the price was bounced from those levels to above for the secondary ranging to be started.

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