Category: Market Outlook
Euro Price Action Analysis Post-ECB: EUR/USD, EUR/JPY
Euro Talking Points:This morning brought an ECB rate decision to the table at which the European Central Bank posed their largest ever rate hike of 75 [...]
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY
Japanese Yen Talking Points:The Japanese Yen is in free-fall and that’s not necessarily a ‘new’ statement – but over the past day USD/JPY has jumped [...]
Japanese Yen Stumbles Against US Dollar as Japan Faces Higher Steel Prices
Japanese Yen, USD/JPY, Covid, Steel Prices, Technical Outlook - TALKING POINTSAsia-Pacific markets face US Dollar headwinds going into the weekend Ja [...]
S&P 500, Nasdaq 100, Dow Jones Forecast Ahead of Non-Farm Payrolls (NFP)
Indices Talking Points:US Stocks have taken on a tone of weakness following Chair Powell’s speech at Jackson Hole last Friday. While equity rallies h [...]
Dax 40 Dives as Equity Rout Widens After Fed Chair Powell Returned to Hawkish Script
DAX 40, CSI 300, Hang Seng, Fed, Crude Oil, US Dollar, Natural Gas - Talking PointsThe Dax 40 has been caught up in the post Fed meeting meleeAll equ [...]
Australian Dollar Traders Higher Alongside Dow Jones Before Powell Speech
Australian Dollar, AUD/USD, China, Iron Ore, Technical Outlook - TALKING POINTSAustralian Dollar climbs with US stocks as traders shift back into ris [...]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points:US Dollar strength has come rushing back and DXY is testing a key spot of resistance at the 19-year highs that were establis [...]
Euro Price Action Setups: EUR/USD Persistence, EUR/JPY Resistance
Euro Talking Points:Like moths to a flame, Euro bears are back for another fight at the parity handle of EUR/USD. This is a major psychological level [...]
When Will Euro Sellers Pose a Sustained Break Below Parity?
Euro Talking Points:Tomorrow brings European inflation numbers and the expectation is for another jump, this time to 8.9% from last month’s 8.6% head [...]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points:The US Dollar is pulling back after a breakout from a bull flag formation yesterday. At the source of the USD breakout was a [...]
Australian Dollar Down on Soft Chinese Data, Yen Up After Japan GDP Report
AUSTRALIAN DOLLAR, YEN, CHINA DATA, JAPAN GDP – Talking Points:Chinese economic data inspires a risk-off mood in currency marketsJapanese Yen higher [...]
Gold Continues Support Bounce, Builds Rising Wedge
Gold Talking Points:It’s been quite the change in Gold over the past few weeks after a major zone of support came into play around two-year-lows. Gol [...]
Euro Caught in the Range as US Dollar Sidelined Ahead of CPI. Will EUR/USD Break Out?
Euro, EUR/USD, US Dollar, Crude Oil, Hang Seng, DXY, AUD, CAD, NOK, NZD - Talking PointsEuro remains moribund for now but that may change if the US D [...]
S&P 500, Nasdaq 100, Dow Jones: Grinding into Key Resistance
Indices Talking Points:The S&P 500 is approximately 14.62% above the June low, with the Nasdaq 100 putting in a move of as much as +20.92% and th [...]
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY
US Dollar Talking Points:The US Dollar has continued to pullback after last week’s FOMC rate decision. The Fed didn’t say anything particularly dovis [...]