GBP/USD Forecast:Pound Continues to Drift Aimlessly Against Dollar on Monday
The British pound continues to see a lot of noise, as traders recognize that London is going to be hesitant in cutting rates rapidly, just as the Americans could do.
USD/JPY Forecast:US Dollar Continues to Creep Higher Against the Japanese Yen
The US dollar continues to see a lot of noise, as traders have recently tried to push the Federal Reserve into perceived rate cuts coming quickly. This is something the trading community has been wrong about for some side.
NASDAQ 100 Forecast: Finds Buyers on Dips Again
The NASDAQ 100 continues to see a lot of noise, but at this point in time, the markets are consistently seeing NYC buying.
Gold Forecast: Gold Bounces After Huge Drop. Now What?
The gold market continues to be one that a lot of people will be watching closely. The brutal selloff on Friday caught a lot of people off guard, and now the entire world seems to be watching closely.
Euro Falls Again on Monday as Fed Choice Weighs on Markets
The euro did try to rally a little bit during the early hours here on Monday but simply cannot hang onto gains at the moment as the Federal Reserve Chairman nominee has the markets rethinking things.
USD/CAD Forecast: US Dollar Continues to Rise Against Loonie After Manufacturing PMI
The US dollar has rallied against the Canadian dollar again during the day on Monday as the widely reported death of the US dollar seems to be premature.
Silver Forecast: Silver Struggles on Monday in Continuation of the Plunge Last Week
Silver continues to see a lot of noisy behavior as the market initially tried to recover on Monday after plunging right at the open. That being said, we have seen the sellers come back into the silver market and it now is simply hanging around the 50-day EMA.
Bitcoin, Ether Recover After Weekend Crypto Crash
The cryptocurrency market suffered a brutal selloff over the weekend, as Bitcoin and Ether prices plunged amid cascading liquidations and macro pressures.
NZD/USD Forex Signal:New Zealand Dollar Looks Vulnerable on Monday (SIGNAL)
The 0.60 level is being tested, and it is a large round psychologically significant figure that mattered quite a bit multiple times in the past. This is an area that we are going to have to pay closer attention to.
Dax Forecast:German DAX Continues to See Supporters on Monday
The German DAX had a strong session on Monday, gaining over 1%, despite the initial sell off. Once traders got over the idea of the metals sell off being so brutal, it looks like we started to focus on fundamentals again.
