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Forex Forecast & Forex Technical Outlook for 05 December 2022 to 09 December 2022

Forex Forecast & Forex Technical Outlook for 05 December 2022 to 09 December 2022

The US Payroll increased by 263K in November, while the unemployment rate remained unchanged at 3.7%. The average hourly earnings rose by 0.6%, with an increase in personal spending of 0.7%. There are some signs that inflation has peaked in some countries. For example, the Eurozone price experienced relief from the price pressures for the…

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Forex Forecast & Forex Technical Outlook for 21 November 2022 to 25 November 2022

Forex Forecast & Forex Technical Outlook for 21 November 2022 to 25 November 2022

Following the previous week’s CPI report, the headline PPI showed a 0.2% increase while the retail sales showed a better-than-expected 1.3% in October. The upside pressure came from a 1.3% jump in motor vehicles and a 4.1% rise in gasoline stations. The October CPI data for the UK, Japan, and Canada showed a negative picture…

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Forex Forecast & Forex Technical Outlook for 07 November 2022 to 11 November 2022

Forex forecast and forex technical outlook. Follow our weekly forex forecast for 07 November 2022 to 11 November 2022

The recent Non-farm payroll report showed how US employers continued adding jobs in October. It is a sign that the labor market remained tight, and the next Fed meeting could come with additional rate hikes. However, the upcoming policy decisions need more clues from the incoming data as the October payroll does not move the…

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Forex Forecast & Forex Technical Outlook for 31 October 2022 to 04 November 2022

Forex Forecast & Forex Technical Outlook for 31 October 2022 to 04 November 2022

There are several surprises this week, and the most awaited event is the Federal Open Market Committee meeting. In this meeting, the Fed is expected to raise the interest rate by another 75 bps, followed by three similar moves in June, July, and September. According to fed chair Jerome Powell, there is no painless path…

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Forex Forecast & Forex Technical Outlook for 24 October 2022 to 28 October 2022

Forex Forecast & Forex Technical Outlook for 24 October 2022 to 28 October 2022

Last week’s economic data showed that the US economy has remained resilient, where tighter policies could impact some sectors. Industrial production regained momentum in September, but some signs of slower growth are ahead, supported by manufacturing surveys.  On the other hand, the real estate sectors were affected by higher interest rates, falling 8.1% in September…

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Forex Forecast & Forex Technical Outlook for 03 October 2022 to 07 October 2022

Forex Forecast & Forex Technical Outlook for 03 October 2022 to 07 October 2022

Central banks’ policies will be key price-driving events in October, but the latest job report of the US could indicate whether the Fed has reached the peak of hawkishness. The latest panic in the market with the renewed rush on USD bulls, other banks like the Reserve Bank Of Australia and New Zealand could extend…

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Top Forex Brokers Review
Top Forex Brokers Review
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