Technical Forecasts News Today

The US dollar turned sharply lower after the recent, weaker-than-expected US Jobs Report, boosting EUR/USD back above 1.0800. A lack of meaningful EU data next week will leave the Euro exposed.

UK jobs and inflation data released next week may give cable a reprieve after a resurgent US dollar sent GBP/USD tumbling to a multi-month low.

US equity markets have enjoyed a positive week on benign economic data. Ahead, the latest look at US corporate earnings may add a dose of volatility to a range of indices.

The FTSE 100 is touching a fresh multi-month high and looks set to challenge last year’s peak.

US equity markets are stabilizing just off their weekly lows in thin turnover with little in the way of data or events to help shift market sentiment.

US equity market rallies have taken an NFP-induced pause at the end of the week but still remain in positive territory for the week.

(MENAFN - DailyFX) Equities charged higher across the globe this past peek as the ‘risk-on tone in financial markets continued recovering after some choppiness in late January. On Wall Street , the Dow Jones, S & P 500 and Nasdaq Composite climbed 1.00%, 1.23% and 1.73% respectively. Meanwhile, the FTSE 100 and Nikkei 225 advanced 0.94% and 2.72% respectively. The rosy mood certainly made its way into foreign exchange markets, where the anti-risk US Dollar and similarly-behaving Japanese Y...

Crude Oil Surges as Economic Recovery Aids Outlook, Copper Faces Technical Hurdle 2021-02-04 04:30:00 Thomas Westwater, Analyst Crude Oil, Economic Recovery, Copper, Technical Forecasts – Talking Points Crude Oil pushes into fresh yearly highs after OPEC+ holds production cuts EIA inventory figures point to bullish recovery as US economy recovers Copper prices in danger as Descending Triangle pattern sends bearish signal Oil ...