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Broker Forecasts - Forex technical analysis and forecast: Majors, equities and commodities
The EUR/USD pair continues developing a consolidation range around 1.0823. By now, it has expanded the range downwards to 1.0808. Today the market has performed a technical test of 1.0823 from below.
The Market News Today: US GDP Forecast at 3.2%, Eyes on Fed and Market Response
Key US economic data – steady GDP, rising jobless claims, home sales rebound – to sway Fed moves, stocks, rates, dollar, and gold.
USD/JPY Forecast: Japan’s Intervention Warnings Boost Yen
The USD/JPY forecast leans slightly bearish as Japan’s intervention warnings breathe new life into the yen. After hitting a 34-year low on Wednesday, the yen recovered as investors became cautious ...
Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuates As AU Inflation Misses Forecasts
The Pound to Australian (GBP/AUD) exchange rate traded in a wide range on Wednesday as Australian inflation missed forecasts. At the time of writing GBP/AUD was trading at €1.9352, virtually unchanged ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat After EIA Report
Natural gas remains under strong pressure as traders focus on mild weather forecasts. From the technical point of view, natural gas is moving towards the $1.60 – $1.65 level. WTI oil is mostly flat as ...