US DOLLAR, EUR/USD, GBP/USD, NASDAQ 100, GOLD PRICE FORECAST The U.S. dollar slumps on falling yields following lower-than-expected U.S. inflation figures EUR/USD and GBP/USD break out to the topside, reaching multi-week highs Gold prices and the Nasdaq 100 also rally, flirting with key technical levels in both cases Recommended by Diego Colman Forex for Beginners
Number of traders net-short has increased by 1.13% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/USD BULLISH 48.95% 51.05% -27.45% Daily -13.69% Weekly 16.11% Daily 1.13% Weekly -10.27% Daily -6.71% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
GOLD, EUR/USD, NASDAQ 100 FORECAST Gold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation report The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday Headline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to clock
EUR/USD Forecast – Prices, Charts, and Analysis US and Euro Area inflation releases dominate this week’s economic calendar. Federal Reserve speakers are out in force this week. Recommended by Nick Cawley Get Your Free EUR Forecast The Euro is eyeing 1.0700 against the US dollar in early turnover with little in the way of news,
Share: EUR/USD consolidates in a narrow trading range near 1.0685 on Monday. The pair holds above the 50- and 100-hour EMAs; the RSI indicator shows a non-directional movement. The immediate resistance level is seen at 1.0718; 1.0655 acts as an initial support level. The EUR/USD pair oscillates within a narrow trading range below
Market Week Ahead: US Dollar, Gold, GBP/USD, EUR/USD, Cryptocurrencies Download our Q4 Top Trading Opportunities for Free Recommended by Nick Cawley Get Your Free Top Trading Opportunities Forecast A strong end to the week with risk markets popping higher going into the weekend. Equity markets reclaimed Thursday’s minor losses and continued to push ahead, with
Share: The Euro is seeing a thin rebound on Friday after declining steadily through the week. Concerns are mounting that the ECB may have to move more to cap inflation. Up Next: Tuesday sees EU GDP, US CPI inflation readings. The EUR/USD is seeing a minor rebound on Friday as the US Dollar
The EURUSD on Monday of this week reached up to test the 38.2% retracement of the move down from the July high to the October low near 1.07642. A high price on Monday reached 1.0756 just 8 pips short of that key target. EURUSD stalled the rally this week at the 38.2% retracement After a
US The Fed left interest rates unchanged as expected with basically no change to the statement. Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt. The recent US Core PCE came in line with expectations. The labour market is starting to
Share: EUR/USD struggles to stay in the green zone amid weaker US Dollar. Combined technical indicators support a positive outlook for the pair. The pair could revisit the 1.0750 major level aligned to the weekly high at 1.0756. EUR/USD hovers around 1.0710 during the early European session on Thursday, struggling to continue moving
