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Gbp/jpy weekly forecast – british pound completely reverses trajectory against yen
The British pound initially looked very weak against the Japanese yen, but by the time the close came on Friday, it looks like we are ready to turn ar...
October 6, 2023, 5:09 pm
Crude oil weekly price forecast – crude oil markets get hammered for the week
The crude oil markets have gotten hammered during the course of the week, as it looks like traders are suddenly worried about demand. The post Crude O...
October 6, 2023, 4:39 pm
Usd/jpy weekly forecast – us dollar pulls back to find buyers again
The US dollar has pulled back during the course of the week, reaching down to the ¥147.80 level only to turn around. The post USD/JPY ...
October 6, 2023, 4:33 pm
Gbp/usd weekly forecast – british pound recovers for the week
The British pound has fallen initially during the week, only to turn around and fly in the face of the employment figures on Friday. The post GBP/USD ...
October 6, 2023, 4:28 pm
Eur/usd weekly forecast: inflation figures to make it or break it
The US Nonfarm Payroll report showed a strong American labor market. EUR/USD bearish continuation puts parity on the table before year-end. The EUR/US...
October 6, 2023, 4:14 pm
Gold price weekly forecast: oversold conditions could help xau/usd find a foothold
The $1,840 level (Fibonacci 50% retracement of the long-term uptrend) aligns as first resistance. A daily close above this threshold could open the do...
October 6, 2023, 3:59 pm
Gbp/usd weekly forecast: pound sterling to retain bearish bias, eyeing us cpi, uk gdp
Downside risks remain intact for Pound Sterling against the US Dollar in the week ahead. The Pound Sterling struggled to stay resilient against the Un...
October 6, 2023, 3:59 pm
Oil drops: turbulence in the crude oil market
Oil Drops: Turbulence in the Crude Oil Market Despite a brief Friday uptick, oil prices plummeted, marking their sharpest ...
October 6, 2023, 3:55 pm
weekly summary and review 6th october 2023
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of October 6th ...
October 6, 2023, 3:49 pm
Eur/usd weekly forecast – euro continues to break down
The euro has broken down significantly during the course that we, as we continue to see a lot of strength in interest rates in America. The post EUR/U...
October 6, 2023, 3:40 pm
Silver weekly price forecast – silver bounces from the lows
Silver has initially plunged during the week, but has turned around to recover from the lows of the week to show signs of a potential pushback. The po...
October 6, 2023, 3:33 pm
Gold weekly price forecast – gold looks miserable
Gold markets have continued selling off during the week, but there were signs of stabilization late in the trading week. The post Gold ...
October 6, 2023, 3:29 pm
weekly market wrap: bitcoin falls 1.3% following u.s. jobs report
Bitcoin fell 1.3% in the hour following the U.S. jobs report, fueling market concerns that borrowing costs will remain high over a longer period of ti...
October 6, 2023, 3:29 pm
Natural gas weekly price forecast – natural gas markets breakout finally
Natural gas markets have finally broken out on the weekly chart, after forming a huge rounding bottom p...
October 6, 2023, 3:22 pm
S&p 500 weekly price forecast – s&p 500 test 50-week ema
The S&P 500 has broken down significantly during the course of the week, testing the 50-Week EMA, although is starting to stabilize on Friday. The pos...
October 6, 2023, 3:19 pm
weekly focus – rise in us yields not going to last
A massive sell-off in bond markets have over the past weeks pushed long US government bond yields to new highs. The 10Y UST yield has risen 60bp over ...
October 6, 2023, 2:34 pm
Oil futures headed for biggest weekly drop since march
Oil futures are volatile amid supply issues with a sell-off this week that has investors claiming it's an overcorrection. In related news, a Wall Stre...
October 6, 2023, 2:26 pm
Baker hughes data reveal a third straight weekly decline in the active u.s. oil-drilling rig count
Baker Hughes bkr on Friday reported that the number of active U.S. rigs drilling for oil fell by 5 to 497 this week. That followed two consecutive wee...
October 6, 2023, 1:10 pm
Greenback’s resurgence: stellar job growth propels usd towards weekly dominance
Dollar is showing impressive strength in the early US session, boosted by job growth figures that nearly doubled market predictions. While wage growth...
October 6, 2023, 1:07 pm
weekly market recap (02-06 october)
Monday: The Chinese PMIs over the weekend were all in expansion with NBS PMIs beating expectations and Caixin ones missing them: NBS Manufacturing PMI...
October 6, 2023, 1:00 pm