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Aud/usd technical: hovering below the 200-day moving average as rba looms

AUD underperformed among the major currencies against the USD from 27 to 28 July 2023 ex-post FOMC, ECB, and BoJ. Split view among economists and inte...

August 1, 2023, 3:01 am

Fxwirepro:gbp/ nzd neutral in the near-term, scope for downward resumption

GBP/NZD declined on Monday as higher commodities prices and improved risk appetite drove capital flows to kiwi dollar. GBP/NZD turned lower on the ses...

July 31, 2023, 10:14 pm

Morgan stanley sees potential for a late cycle us equities rally, similar to 2019

A note on Monday from Morgan Stanley strategist Mike Wilson. He has been bearish through 2023 but sees ...

July 31, 2023, 10:05 pm

Loandepot: bearish as mortgage market struggles

loanDepot has experienced negative Net Income in recent quarters and this trend is expected to continue. Stock price performance has diverged from neg...

July 31, 2023, 5:09 pm

Usd/jpy retesting strong intraday resistance

USDJPY is retesting the 142 – 143 resistance zone as a larger 3-3-5 regular A-B-C flat correction, where wave C can be already in final stages. So, ...

July 31, 2023, 2:38 pm

Eur/usd technical analysis: the break of the bullish trend c

Last week’s exciting trading was generally bearish for the performance of the price of the eur/usd cu...

July 31, 2023, 1:14 pm

Usd/cad needs to either break well through 1.3250 or 1.3150 to make clearer directional progress – scotiabank

There appears to be firm resistance to USD/CAD advances through the low/mid 1.32s while bearish breakou...

July 31, 2023, 12:14 pm

Aud/usd technical analysis

On the hourly chart of AUD/USD at FXOpen, the pair gained bearish momentum below the 0.6720 zone. The A...

July 31, 2023, 11:04 am

Usd/cad outlook: heading to monthly loss on end to fed hikes

The US dollar is on track for a monthly loss. Preliminary data indicated a contraction in Canada’s economy in June. US inflation rose at the slowest...

July 31, 2023, 10:21 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3219; (P) 1.3236; (R1) 1.3270; More…. Intraday bias in USD/CAD remains neutral as sideway consolidation continues. Outlook stay...

July 31, 2023, 7:42 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9546; (P) 0.9570; (R1) 0.9616; More… Intraday bias in EUR/CHF remains neutral for consolidations above 0.9520. While stronger r...

July 31, 2023, 7:34 am

Technical outlook and review

DXY: The DXY is demonstrating a bearish trend at the moment, being positioned below a significant desce...

July 31, 2023, 7:13 am

Stocks this week: buy nvidia and advanced micro devices

The traditionally bearish month of September is looming. Here are two August trades that are likely bes...

July 31, 2023, 6:00 am

Eur/usd could resume decline, euro zone cpi next

Key Highlights EUR/USD declined below the 1.1100 and 1.1050 levels. A major bearish trend line is formi...

July 31, 2023, 3:19 am

Jpmorgan says they are remaining bearish on the japanese yen after the boj last week

JPMorgan affirmed it was remaining with its bearish vioew on the JPY In their note JPM said that while ...

July 30, 2023, 10:21 pm

Japanese yen forecast: usd/jpy, gbp/jpy bounce off support after boj disappointment

Forecast: Neutral japanese yen gave up progress on Bank of Japan disappointment usd/jpy is eyeing a bearis...

July 29, 2023, 7:29 pm

Speculator extremes: cocoa, gbp, mxn, palladium & 2-year top bullish & bearish positions

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on ...

July 29, 2023, 4:51 pm

Aud/usd weekly forecast: upbeat us data capping gains

Consumer confidence, GDP, and initial jobless claims indicated US economic strength. The FOMC meeting during the week led to a rate hike, supporting t...

July 29, 2023, 1:28 pm

Gbp/usd weekly forecast: traders dial back on jumbo hike bets

The Bank of England might not implement another significant rate hike next week. Investors remain confident in a stronger pound. The Bank of England w...

July 29, 2023, 1:25 pm

Yen staying bearish after a wild ride; dollar index presses key resistance

The global financial markets found themselves in a flurry of volatility in the past week, underpinned by policy decision of three major central banks ...

July 29, 2023, 9:49 am


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