Forecasts & Analysis
USD/JPY Fundamental Daily Forecast – Dollar/Yen Soars after Bank of Japan Stands Pat on Ultra-Easy Policy
Japanese government bond yields tumbled the most in two decades on Wednesday after policymakers decided to keep its yield curve controls in place.
ADA Price Prediction: Stablecoin Launch Needed to Deliver $0.400
ADA found much-needed support from the broader crypto market this morning. However, investors will need a catalyst to come in from the sidelines.
SHIB Eyes the November High of $0.00001364 on Shibarium Upgrade
SHIB was in breakout mode this morning, with DOGE in tow. While there were no network updates, the anticipated Shibarium upgrade remains the key.
GBP to USD Forecasts: Return to Sub-$1.22 Hinged on the CPI Report
It is a busy day for the GBP to USD, with the UK CPI report for November to draw interest. Hotter-than-expected numbers could refuel recession fears.
XRP Set for a Choppy Session as SEC v Ripple Case Takes Center Stage
After a bullish Tuesday, XRP was under pressure this morning. Today’s Court filing and pending Court rulings continue to test buyers despite the optimism.
BTC Fear & Greed Index Signals Climbs to Signal a Bullish BTC Session
This morning, the Fear & Greed Index moved closer to the Greed zone despite a BTC loss on Tuesday, signaling a bullish session as FTX contagion risk fades.
Crypto Market Daily Highlights – ETH Sees Winning Streak End
It was a bearish Tuesday session for the crypto market, with recession fears giving the bulls a breather. US economic indicators will influence later today.
EUR/USD Bears Target Sub-$1.0750 on ECB Policy Chatter
It’s a relatively busy day for the EUR/USD, with finalized December inflation numbers for the Eurozone in focus. ECB policy chatter will also influence.
Gold Price Forecast XAU/USD – Profit-Taking Shifts Momentum to Downside
A short-term pullback in gold prices could be in the cards since traders have already priced in a smaller-than-usual rate hike by the Fed in February.
Investors Speculate on Forward Guidance of the Fed With Little to No Clarity From Experts
The opinions of analysts and economic “experts” contain a varying spectrum of forecasts.