EUR/AUD turns higher, ASX 200 falters on sluggish Australian growth
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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.
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EUR/AUD turns higher, ASX 200 falters on sluggish Australian growth
Today 01:49 AM
USD/JPY selloff loses steam around support, bounce incoming?
Yesterday 10:21 PM
GBP/USD Recovery Vulnerable as Bear Flag Formation Takes Shape
Yesterday 07:55 PM
Australian Dollar Short-term Outlook: AUD/USD Coils into Support
Yesterday 07:14 PM
US Dollar Price Action Setups: EUR/USD, USD/JPY
Yesterday 06:28 PM
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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Australian Dollar Short-term Outlook: AUD/USD Coils into Support
Australian Dollar is poised for a breakout with AUD/USD coiling just above support near the yearly lows. Battle lines drawn on the Aussie short-term technical charts.
US Dollar Price Action Setups: EUR/USD, USD/JPY
The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.
S&P 500 Melt-Up? The Data-Driven Case for SPX Upside in December
What are the odds of a Deecember melt up in the S&P 500?
USD/CHF Pullback Faces Positive Slope in 50-Day SMA
USD/CHF may defend the rally following the US election should it track the positive slope in the 50-Day SMA (0.8692).
S&P500 Forecast: SPX falls as China - US trade tensions rise
U.S. stocks are edging lower on Tuesday after the S&P 500 and the NASDAQ closed at record levels in the previous session. Sentiment is souring after news that China will begin banning the export of some rare minerals to the US in a tit-for-tat escalation of the tech war
Euro Short-term Outlook: EUR/USD Threatens Bear Market Rebound
Euro rallied 2.5% off the yearly low with EUR/USD carving the December opening-range just below a key pivot zone. Battlelines drawn on the short-term technical charts.
EUR/JPY forecast: Technical Tuesday – December 3, 2024
The EUR/JPY is our featured technical chart, for not only a technical breakdown is looking increasingly likely, but the macro back backdrop makes for a bearish fundamental backdrop. In short, the euro is undermined because of Europe’s persistent economic and political challenges, while a potential rate hike from the Bank of Japan magnifies the yen's appeal. Against this backdrop, our short-term EUR/JPY forecast is bearish.
EUR/USD, Oil Forecast: Two trades to watch
EUR/USD rises, but the outlook remains weak below 1.06. Oil rises ahead of inventory data & OPEC’s meeting later in the week
USD/NOK, NOK/JPY: Rate differentials and sentiment skew directional risks
Risk sentiment and rate differentials are dictating directional risks for USD/NOK and NOK/JPY. With weakening ties to US rates and oil, and carry trade flows dominating NOK/JPY, we look at setups as we head toward year-end.
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