Check out our Economic Calendar for upcoming economic data and central bank events.
AUD Forecast –Prices May Add Gains to USD, EUR But JPY Holds
Last week, the Australian Dollar hinted it was about to appreciate. Not only was that the case, but AUD/USD and EUR/AUD may extend their reversals. AUD/JPY may find that difficult.
British Pound Forecast –Light on the Horizon?
A chink of light for Sterling bulls as a series of lower highs is seemingly broken.
US Dollar Forecast – Dollar Has Made the Bearish Break, Now It Is Looking for Momentum
The Dollar finally broke from its restrictive two-month range this past week, but the fledgling bearish breakdown has proven tepid when it comes to momentum. Will the markets find more charge in subsequent technical cues?
Equity Forecast –DAX Makes First Major Test, DJIA Gains Topping
DJIA may show gains beginning to Top Out. Meanwhile, the series of lower highs in the DAX may continue to suggest a bearish outlook.
Oil Forecast – Weak USD Gives Oil Biggest Weekly Gain in 2 Years
Crude oil’s outlook is dependent on factors of a weak US Dollar and an aggressive risk rally can continue to give oil the environment needed to support further strength.
Gold Forecast: Four-Week Winning Streak Fails at 1300
The gold price advance has lost stream just ahead of key resistance on the fourth consecutive weekly gain. Here are the levels that matter on the XAU/USD weekly chart.
Japanese Yen Weekly Technical Forecast: Pause after Flash Crash Leaves Technicals Unchanged
The high yield, risk-correlated JPY-crosses continued to gain ground alongside equity markets rallying, while the pairs like EUR/JPY and USD/JPY lagged the pack. For these latter two pairs, more downside is possible.
Euro Forecast - Euro Hanging onto Breakout by a Thread
The Euro finally broke free from its range but is holding onto breakout levels by a thread; needs to get into gear soon.