S&P 500 Forecast: Plunges Below the 50-Day EMA

The Federal Reserve held a meeting during the business session on Wednesday and announced a rate…

DAX Forecast: Continues to Find Support at Elevated Levels

I also think this market is still at risk of a major breakout as people around…

EUR/USD Forecast: Continues to Follow the Same Channel

Looking at the chart, you can see that the 200-day EMA is sitting below and may…

Major indices close with modest changes

Major indexes closed little changed after shrugging off a stronger-than-expected jobs report. The Dow industrial average…

Week Ahead: highlights include OPEC+, RBA, BoC, China Trade/CPI, Uni. of Mich.

OPEC is likely to continue production policy. Opinion data from the University of Michigan in the…

EUR/USD Technical Analysis: Attempts to Bounce Face Obstacles

The price of the currency pair EUR/USD is trying to rise for two days in a…

TRY/USD Forex Signal: Expectations of a Rate Cut After Today’s Central Bank Meeting

On the technical front, the Turkish lira stabilized against the dollar, registering little change in a…

USDJPY COULD SEE A BIG REVERSAL LOWER BY END-Q1 2023 – ING

March 2023 is particularly volatile for USDJPY. Economists at ING believe the pair could trade at…

GOLD PRICE FORECAST: XAUUSD’S TECHNICAL PICTURE SUGGESTS THAT THE BULLISH BIAS STAYS INTACT

Gold prices struggled to build on last week’s impressive gains. FXStreet’s Eren Sengezer reports that XAUUSD…

Daimler Truck: Small question mark on future demand

In the third quarter, Daimler Truck increased sales by 27 percent to nearly 135,000 vehicles. Turnover…