EUR/USD: Weekly Forecast 4th December – 10th December
EUR/USD entered the weekend at near-term highs, challenging levels not seen since June 2022. Optimistic bullish speculators who were looking…
EUR/USD: Amidst Holiday Trading a Bullish Trajectory Erupts
The recent trend in EUR/USD received an additional injection of jet fuel into the positive behavioral sentiment yesterday. EUR/USD steadily…
USDMXN: UPSIDE RISKS TO DOMINATE – COMMERZBANK
In early November, USDMXN fell below 19.50. However, economists at Commerzbank believe that the risks are now tilted to the…
AUD/USD Forecast: Continues to Dump
After all, this is a market that is also heavily influenced by mainland China and Asian markets. AUD/USD is down…
USD/JPY Forecast: Continues to Wait for Jobs Number
Frankly, I just don’t see how the Bank of Japan can change the course of this market, even though it…
GBP/USD ERASES DAILY LOSSES AND RETURNS TO THE 1.1600 RESISTANCE AREA
Sterling is reversing the previous downtrend and returning to the 1.1600 area. Fed rotation rumors keep USD bulls on a…
US: ATLANTA FED GDPNOW FOR Q3 DECLINES TO 2.8%
According to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow 2.8% annually in…
“Bet against me!”: Jim Cramer announces the reverse ETF
After learning that an ETF firm was betting against his stock, TV personality Jim Cramer had a message for those…
USD/JPY Technical Analysis: Renewed Selling Operations
After three bullish trading sessions, the price of the USD/JPY currency pair moved with gains to the 144.90 resistance level, near the…
GBP/USD Technical Analysis: More Losses are Likely
The renewed pullback in global markets has put more pressure on the British Pound. and all indications are that more…