Category Archives for Market Forecasts
Week Ahead – Central Banks Take Center Stage In Markets
The week of January 20, 2020 will open with a renewed batch of event risk as Central Banks take center stage with monetary policy decisions, along with an avalanche of economic data that will likely keep investors glued to their monitors for this new week of trading. The first central bank to make a policy […]
Continue readingFundamental Outlook For Week of September 30, 2019
The Dollar has fared well among currencies, after a week of relatively quiet, and yet bumpy market behavior, as on-going political uncertainty continues to weigh on risk-oriented assets and entice investors to prefer the safe haven buck. The start of the 2019 fourth quarter, which technically begins on Tuesday, will have a calendar week that […]
Continue readingPre-FOMC Market Behavior and Analysis – September 18, 2019 (Video)
For today’s trading session, market participants were reluctant to place any aggressive bets in dollar-based or dollar-denominated assets ahead of today’s FOMC Monetary Policy Report & corresponding press conference. Despite the release of a few market driving indicators prior to the US Opening Bell, there was still little follow-through in most “majors” as investors […]
Continue readingNZD/USD Gapped Lower On Geo-Political Risks
There may be a potential sell opportunity forming on the NZD/USD. The kiwi versus the buck (NZD/USD) gapped lower at the start of this week’s trading due to a combination of geo-political risks over the weekend. Weekend events initiated risk averse price action at the weekly open, as investors remain uncertain about the extent of […]
Continue readingGBP/NZD Approaches Supply Zone Ahead of Further Weakness
There may be a potential sell opportunity forming on the GBP/NZD. The pound versus kiwi (GBP/NZD) has been trapped in consolidation for some weeks as shifting headlines concerning Brexit, and the US-China Trade War continue to prolong a mood of uncertainty among investors. But the pair is poised to approach fresh supply at 1.9330/9411, which […]
Continue readingFundamental Outlook For Week of August 19, 2019
For the week of August 19, 2019, we’re expecting to see a continuation of the summer doldrums that we typically witness during this time of the year, as investors & hedge fund managers take a recess ahead of the final trading quarters of the year. Since the economic docket appears to be sparse during the […]
Continue readingFinancial Markets Are Searching For Safer Harbors
The financial markets opened the new week of trading with most transactions in favor of safer harbors. The greenback was on the defensive against most currencies, as risk aversion intensified due to increasing concerns over renewed tensions in the US-China Trade negotiations. Most dollar-denominated pairs, like EUR/USD & AUD/USD, were sustained for most of the […]
Continue readingNZD/JPY Retraces Ahead of Trend Continuation Lower
There may be a potential sell opportunity forming on the NZD/JPY. The current weakness in Kiwi versus Yen (NZD/JPY) was initiated by a dovish shift in the RBNZ’s (Reserve Bank of New Zealand) monetary policy statement and forward guidance in interest rates , which surprised investors and sent the Antipodean currencies tumbling lower on the […]
Continue readingEUR/USD Trend Continuation Sell Opportunity Forming
There may be a potential sell opportunity forming on the EUR/USD. On Wednesday of last week, price expanded higher on this pair after the sell off of USD due to Wednesday’s FOMC announcement. This push higher caused the pair to breakout of a daily descending channel. However, on last Thursday and Friday, we saw US […]
Continue readingUSDCHF May Be Expanding Lower After Testing Supply
There may be a potential sell opportunity forming on the USD/CHF. Ever since January 9th, 2019, the bulls have been pushing this pair higher, creating higher highs and higher lows due to good US fundamentals and signs of economic softening or slowdown coming out of the European Union. The USD/CHF climb higher has recently found […]
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