Forecasts & Analysis

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.

It has been a choppy start to the day for the EUR. Geopolitics and sentiment towards the economic outlook remain headwinds for the EUR.

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).

After a bearish Sunday, it has been a choppy Monday for ADA. However, the migration of projects to the Cardano ecosystem should provide support.

The beginning of the week raises the question, what is behind the relative resilience of cryptos?

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.

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.

It was a choppy week for the crypto markets. While network updates delivered price support, the Fed and economic woes tested investor appetite.

The Aussie is trading near its lowest level in over two years amid an aggressive Fed and worries about global growth.

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.