Deutsche Bank says there’s a 90% chance of recession. But, without one, S&P 500 can get to 5,000.
One of Wall Street’s most pessimistic banks is conceding that the economic outlook has improved. But Deutsche Bank, in a new update of its house view, still says there’s a 90% chance of a U.S. recession this year. It says that while there’s evidence inflation has peaked, it’s still well above central-bank targets and likely […]
EURUSD Potential for bearish drop towards previous swing low
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURUSD Potential for bearish drop towards previous swing lowTypeBearish ReversalPreference:Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price being below the Ichimoku cloud, indicating a […]
EURUSD Shifts from Reversal to Range, Market Interest Growing While SPX Ebbs
EURUSD, Range, Futures, Open Interest and Sentiment Talking Points: The Market Perspective: EURUSD Bearish Below 1.0700 As EURUSD is held up by the 50-day SMA with a dearth of high-profile event risk through the rest of this week, it is worth throttling the time frame to evaluate more timely levels A four-hour chart of EURUSD […]
EUR/USD: A fall from grace or a positioning squeeze or both? – Credit Agricole
Credit Agricole CIB Research discusses EUR/USD outlook and sees the pair is slightly cheap around current levels. “There are a number of drivers behind the EUR’s sudden fall from grace. In the case of EUR/USD, we had the reassessment of the Fed outlook in the wake of last week’s Non-farm payrolls that boosted the USD […]
EUR/USD Reverses Gains While USD/JPY Aims Higher – Analytics & Forecasts – 8 February 2023
EUR/USD is correcting lower and trading below 1.0800. USD/JPY is rising and might aim more upsides if it stays above the 130.20 support. Important Takeaways for EUR/USD and USD/JPY · The Euro started a downside correction from the 1.1035 resistance zone. · There is a key bearish trend line forming with resistance near 1.0750 on […]
Surfing the Waves with Gregor Horvat: EURUSD, AUDUSD, GBPUSD, XAUUSD, DAX, CADJPY & More!
Surfing the Waves with Gregor Horvat: EURUSD, AUDUSD, GBPUSD, XAUUSD, DAX, CADJPY & More! – Orbex Forex Trading Blog Home Technical Analysis Surfing the Waves with Gregor Horvat: EURUSD, AUDUSD, GBPUSD, XAUUSD, DAX, CADJPY & More! […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (8 February 2023)
2023.02.08 2023.02.08 Short-term analysis for oil, gold, and EURUSD for 08.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. XAUUSD buyers try […]
EURUSD Trend Reversal Stalls after Powell Remarks
EURUSD, Dollar, Interest Rate and FOMC Talking Points Talking Points: The Market Perspective: EURUSD Bearish Below 1.0700 The technical structure behind EURUSD the past four months has put the power back into the bulls’ control, but the strong reversal just of the past four days may change our course Fed Chairman Powell caused more than […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (7 February 2023)
2023.02.07 2023.02.07 Short-term analysis for oil, gold, and EURUSD for 07.02.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. EURUSD reached the […]
Long-term trend remains tilted to the upside – SocGen
Share: The rally in EUR/USD came to a shuddering halt after the dovish market interpretation of the ECB rate decision. Still, economists at Société Générale note that the long-term points to the upside. Further profit-taking cannot be ruled out “Tactically, further profit-taking cannot be ruled out.” “The ECB may try to correct the […]