Japanese Yen Forecast: USD/JPY Breakout Targets Critical Resistance
The USD/JPY breakout has ripped into key resistance at fresh yearly highs heading into the July / 3Q open. The levels that matter on the weekly technical chart.
Options traders hold steady on inflation expectations
The year-on-year CPI reading was a comparison with April 2020, the height of the pandemic’s economic destruction, so it makes sense to remove some volatility.
Gold Price Forecast: Is the Bullish Trend Dead and Done?
Gold prices just finished their worst month since November of 2016, and after that instance, the FOMC hiked rates eight times over the next two years. Are Gold bears telling us something?
Damocles’ sword is set to tumble above a commodity supercycle
If the stock market can add another 15% to the 1H S&P 500 total return in 2H, broad commodities may stabilize, but potential peaks in copper and bond yields emphasize predominant deflationary risks.
DAX & CAC 40 Technical Outlook: Toeing the Line
The DAX and CAC continue to lean on trend-line support; a breakdown may be nearing.
New Zealand Dollar Outlook, Losses to Resume? NZD/USD, NZD/JPY and NZD/CAD
The New Zealand Dollar may be readying to resume losses against the US Dollar after a Dead Cat Bounce. NZD/JPY and NZD/CAD trade lower, with both pairs facing key wedge chart patterns.