Forecasts & Analysis
GBP to USD Forecast – British Pound Pulls Back From Familiar Resistance Barrier
The British pound has pulled back again during trading on Monday, to kick off the week with a familiar barrier in mind.
GBP/JPY Forecast – British Pound Continues to Threaten Upward Momentum
The British pound has rallied again against the Japanese yen during trading on Monday, as it looks like it’s doing everything he can to break out to the upside.
EUR/USD Forecast – Euro Gives Up Early Gains to Kick Off the Week
The Euro shot higher during the trading session on Monday morning, breaking above the 1.09 level. However, it has run into a wall of selling pressure.
AUDUSD Forecast – Australian Dollar Touches the Top of Channel
The Aussie dollar has rallied again during the session on Monday to touch the top of the channel that we have been in for a while.
Q4 Earnings and Inflation Updates To Influence Fed’s Move
Investors are braced for a busy week of Q4 earnings as well as critical inflation updates that could influence the Fed’s future moves.
EUR/USD Forecast – Hovering Near 9-Month High on Hawkish ECB Member Comments
ECB governing council member Klaas Knot said interest rates would rise by 50 basis points in both February and March.
Natural Gas Price Fundamental Daily Forecast – Consolidating at 19-Month Low Despite Less Cold Forecasts
In another bearish sign, hopes are fading for late winter extreme cold with the premium on March futures over April falling to a record low of zero.
Bitcoin Recharges With Optimism, Aims for a $25K Area
Like in the good old days, the crypto market is feeding off the rise in stock indices but growing ahead of the curve.
Oil Price Fundamental Daily Forecast – Rally Stalls in Thin Trade, but China Demand Outlook Offers Support
WTI and Brent crude oil are hovering near a one-month high in anticipation of stronger Chinese demand as the country rebounds from COVID curbs.