
British Pound Forecast: GBP/USD Head-And-Shoulders Could Target Sub-1.33
A confirmed break below 1.3400 would create a bearish head-and-shoulders pattern on GBP/USD and open the door for a drop to below 1.3300 - see why!
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A confirmed break below 1.3400 would create a bearish head-and-shoulders pattern on GBP/USD and open the door for a drop to below 1.3300 - see why!
AUD/USD appears to be trading in a defined range after clearing the December high (0.6515).
EUR/USD may continue to coil above the 50-Day SMA (1.0890) as it defends the weekly low (1.1308).
Crude Oil Forecast: Oil’s track to 74 was halted by positive US GDP and declining inventories. What’s next for FOMC and NFP Week?
Crude Oil Forecast: Beyond the positive oil outlook of the summer season, GDP figures and clean energy transitions are weighing on oil prices.
Crude Oil Forecast: Oil is dropping further into its consolidation, following the steep drops of the commodities market
Crude Oil Forecast: oil’s uptrend is facing challenges between resistance levels and inventory changes. What’s next for today’s inventory release?
Crude Oil Outlook: Oil charts are set to gear up this week with a confluence of factors including economic growth metrics, geo-political tensions, inventories, and OPEC policies.
The largest and most important part of the Australian economy is struggling under the weight of higher borrowing costs, adding to the risk the Reserve Bank of Australia (RBA) may be forced to start lowering policy rates sooner than other central banks, keeping the Australian dollar under pressure.
Australia’s economy is slowing, but there’s a chance GDP could come in softer than the RBA’s own forecast. And that could weigh on AUD/USD on renewed RBA-cut bets.
The European Central Bank (ECB) is likely to acknowledge that the current state of the Eurozone economy, with growth hovering around zero, is not great. However, it will probably highlight more forcefully signs suggesting that inflation is not making swift progress towards their 2% target, particularly in light of the persistent pressure on wages.
USD/CAD has rallied each of the first four days so far this week to trade above 1.3800, essentially the pair’s highest level since last October...
What are the top 10 biggest economies in the world? Find out with our complete guide to the economies by GDP, GDP per capita and PPP GDP.
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