Dow Jones, S&P 500, Nasdaq 100 Forecast: Outlook Turns Dicey Again
The market had a big bounce following a mini-panic, but things could turn bearish again in the days/weeks ahead.
Source: dailyfx.com
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US Dollar Technical Forecast: Do or Die for DXY Trend – FOMC on Tap
The US Dollar is trading just below the yearly open with all eyes on the FOMC next week for guidance.
Source: dailyfx.com
Sterling Technical Forecast: GBP/USD Breakout Exhaustion- Cable Levels
Sterling surged more than 4.3% off the December lows with the GBP/USD breakout risking exhaustion here into technical resistance. Levels that matter on the weekly chart.
Source: dailyfx.com
Gold Technical Forecast: Gold Poised to Breakout of Fibonacci Trap
Gold prices are carving the January opening-range between key Fibonacci levels- the 618 battle lines are drawn. Levels that matter on the XAU/USD weekly chart.
Source: dailyfx.com
Platinum Price Forecast: XPT/USD Rise in Short Bets Risks Triggering a Potential Squeeze
Platinum prices are on track to put in a loss for 2021, but short bets have increased to levels not seen since September. That opens the door for a possible short squeeze, although technicals look ...
Source: dailyfx.com