S&P 500 and FTSE 100 Forecasts for the Week Ahead
S&P 500 posts worst month since 2020 Covid crash. All eyes on Powell for direction.
US Dollar Technical Forecast: DXY Exhausts into 19-Year Highs
US Dollar surged for a fourth consecutive week before pulling back from fresh multi-year- exhaustion into May? The technical levels that matter on the weekly chart.
Oil Price Forecast: WTI and Brent Biased Higher as Supply Fears Remain at the Fore
Oil is likely to remain supported in the short term amid expectations Europe will soon announce a plan to ban Russian oil imports and bets that the JCPOA nuclear deal will not be reinstated soon.
Euro Forecast: EUR/USD Selloff Stalls Ahead of Fed Rate Decision
The Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace.