NASDAQ 100 FORECAST: The Nasdaq 100 rebounds off technical support heading into the weekend following a selloff in the previous trading sessions Amazon leads the charge higher thanks to solid corporate earnings Despite the positive mood on Wall Street, market risks remain elevated ahead of the Fed decision next Wednesday Trade Smarter – Sign up
Japanese Yen Prices, Charts, and Analysis BoJ meeting is key for the Yen. USD/JPY is testing the BoJ’s resolve. Download our Free Q4 Japanese Yen Forecast Recommended by Nick Cawley Get Your Free JPY Forecast The Federal Reserve, Bank of England and the Bank of Japan all announce their latest monetary policy decisions next week
Share: AUD/USD recovers its recent losses on the softer USD. The preliminary US Q3 GDP rose 4.9%, Continuing claims rose to the highest reading since May. The markets anticipate the potential additional rate hike from the RBA at the November meeting. Investors will focus on Australian PPI, and US monthly core Personal Consumption
NASDAQ 100 OUTLOOK: Nasdaq 100 breaks down, falling to its lowest level since late May after breaching a key floor For sentiment to improve, cluster support in the 14,150/13,930 range must hold at all costs This article analyzes the key technical levels worth watching on the NDX in the coming days. Trade Smarter – Sign
Japanese Yen (USD/JPY) Analysis USD/JPY goads Japanese officials after latest move above 150 Japanese government bond yields rise, prompting more buying from the BoJ US PCE data tomorrow and the Bank of Japan meeting concludes on Tuesday The analysis in this article makes use of chart patterns and key support and resistance levels. For more
Pound Sterling (GBP/USD) Analysis GBP/USD struggles to build positive momentum as USD makes a comeback Lack of bullish drivers for GBP ahead of high impact US data highlights bearish path IG client positioning reveals further divergence in positioning – contrarian bearish bias maintained The analysis in this article makes use of chart patterns and key
US Dollar, Euro, British Pound vs. Japanese Yen – Outlook: USD/JPY is once again testing the psychological 150 mark. Risk of intervention is growing amid speculation of a tweak in BOJ YCC policy. What is the outlook and what are the key levels to watch in select JPY crosses? Looking for actionable trading ideas? Download
Share: The highlight of the Asian session will be RBA Bullock’s appearance before the Senate Economics Legislation Committee. Later in the day, the European Central Bank will announce its monetary policy decision, and the US will release critical economic data, including Q3 GDP and Jobless Claims. Here is what you need to know on
EUR/USD, AUD/USD OUTLOOK: Traders will closely watch U.S. GDP data on Thursday The U.S. economy is forecast to have grown by 4.3% in the third quarter Strong economic activity numbers could boost the U.S. dollar, sending both EUR/USD and AUD/USD sharply lower Most Read: USD/CAD Fails to Sustain Breakout after Bank of Canada Decision. What’s