Forecasts & Analysis
Pullback In Commodities Sets The Stage For Next Leg Higher – What’s Next?
Commodity prices have been on a phenomenal run this quarter breaking records and notching up fresh highs. But as the quarter comes to a close prices are finally undergoing the usual pullback as trader’s bank profits and assess the markets next big move.
EUR/USD Volatility Spikes as the Bears Eye a Return to $0.9550
It has been a choppy start to the day for the EUR. Geopolitics and sentiment towards the economic outlook remain headwinds for the EUR.
Weekly Waves 26 September: EUR/USD, GBP/USD and Bitcoin
The GBP/USD made a huge drop from 1.0850 down to 1.03 earlier this morning, which seems to be part of an impulsive wave 3 (yellow).
ADA Price Prediction: Network Updates Support a Return to $0.50
After a bearish Sunday, it has been a choppy Monday for ADA. However, the migration of projects to the Cardano ecosystem should provide support.
NZD/USD Forex Technical Analysis – Negative Sentiment Continues to Weigh on Kiwi
With the Federal Reserve and a host of other major central banks tightening policy last week, the specter of a global recession looms ever closer.
GBP/USD Hits a low of $1.03565 to Bring Parity into Play
It is a quiet day on the UK economic calendar, with no stats to shift sentiment towards the Pound. Dip buyers will need to prevent heavier loss.
ADA, DOT, ETH, and SOL Weekly Review – SOL Bucked a Bearish Week
It was a choppy week for the crypto markets. While network updates delivered price support, the Fed and economic woes tested investor appetite.
AUD/USD Forex Technical Analysis – Declining Risk Sentiment Fueling Move into .6464 – .6402
The Aussie is trading near its lowest level in over two years amid an aggressive Fed and worries about global growth.
BTC Fear & Greed Index Avoids sub-20 Despite a Bearish BTC Session
BTC extended its losing streak to three sessions and ended Sunday at sub-$19,000 for a fourth day in the week to test investor resolve.