Key moments in the USDX week ahead forecast:[0:00] – Intro [0:08] – Key moments in the USDX week ahead forecast: [0:00] – Intro [0:08] – USDX analysis of this weekUSDX analysis of this week More By This Author:USDX Weekly Technical Analysis
October 28, 2023
Image Source: Unsplash BackgroundIn the fall of 2020 the cannabis sector went parabolic, soaring 202% in just 4.5 months, peaking on February 9th, 2021 only to collapse by 71% over the ensuing 12 months to end up 13% below where the
EUR/USD: Awaiting the Pair at 1.0200? Having started the past week on a positive note, EUR/USD approached a significant support/resistance level at the 1.0700 zone on Tuesday, October 24, before reversing and sharply declining. According to several analysts, the correction of the
If you haven’t yet purchased that big bag of Halloween candy this year, be prepared for sticker shock. CPI and PPI data from the BLS, chart from Fred, the St. Louis Fed data repository.The CPI for candy and gum is
This is how I see Forex forecast analysis today for the GBPUSD week ahead, with my outlook and the setups I am looking to trade.Key moments in the GBPUSD week ahead forecast:[0:00] – Intro[0:08] – GBPUSD analysis of this weekMore
Image Source: PexelsThe daily charts have shown that indices have been in a bit of a free-fall recently, so the focus now shifts to weekly timeframes. The S&P 500 was the last of the leading indices to break weekly-trend support, lining up
Image Source: PexelsMarkets have been facing a 5% dilemma. The benchmark Treasury yield recently closed just above 4.9%, a fresh 16-year high. The market could likely turn broadly positive, and lower rates may be just around the corner. In the meantime, I still
If there was any doubt left in your mind whether or not the oil and gas industry is literally running like greased lightning nowadays, it has been reported that ExxonMobil is still seeking out new M&A opportunities – even after the firm’s
If there was any doubt left in your mind whether or not the oil and gas industry is literally running like greased lightning nowadays, it has been reported that ExxonMobil is still seeking out new M&A opportunities – even after the firm’s
Image: BigstockThe world’s biggest economy emerged stronger than expected in the third quarter, defying all the challenges, including the war in Ukraine and the Middle East, as well as persistently higher interest rates. This is especially true as the economy
