Forecasts & Analysis |
EUR/USD and a Run at $1.10 in the Hands of US Inflation Numbers
It is a busy day ahead for the EUR/USD. While ECB chatter and euro area stats will influence, US inflation and personal spending will have the final say.
EUR/USD Forecast – Encountering Strong Resistance at 1.0936 – 1.0943 ahead of US GDP Report
The U.S. economy likely maintained a strong pace of growth in the fourth quarter as consumers boosted spending on goods.
U.S. Dollar Index (DX) Futures Technical Analysis – Subdued Trade Ahead of US Advanced GDP Report
Today’s U.S. GDP Report will show a strong pace of growth last quarter but momentum appears to have slowed considerably towards the end of the year.
ADA Price Prediction: Bulls to Target $0.400 on Stablecoin Updates
Following the Wednesday rebound, ADA was on the move this morning, with $0.400 in sight for the first time since November 8 on network updates.
AUD/USD and NZD/USD Fundamental Daily Forecast – Buyers Tentative Ahead of US GDP Report
AUD/USD and NZD/USD traders are bracing for a slew of U.S. economic data that could influence next week’s Fed interest rate decision.
ETH Return to $1,700 Hinged on US Stats and Shadow Hard Fork News
After a bullish Wednesday, it has been a choppy morning for BTC and ETH. US stats and corporate earnings will draw interest in the afternoon session.
SHIB Return to $0.000013 Hinged on US Stats and Shibarium News
Following a bullish Wednesday session, it was a mixed morning for SHIB and DOGE. Network updates and whale stats will remain the key drivers near-term.
USD/JPY Fundamental Daily Forecast – BOJ Policymakers Remain Divided on Wage, Inflation Outlook
Many BOJ board members agreed on the need to retain ultra-loose monetary policy to support the economy and help companies raise pay.
XRP Price Return to $0.45 Hinged on SEC v Ripple Court Rulings
It was a bullish XRP session on Wednesday. However, the lack of Court rulings from the SEC v Ripple case will leave the broader crypto market to influence.
BTC Fear & Greed Index Signals a BTC Return to $25,000
Following a return to $23,000 on Wednesday, BTC was back on the move this morning. However, US economic indicators will influence in the afternoon.