In this section we have gathered all forex forecasts and market analyses that contain a video. If you like to listen to a video explaining the analysis based on a chart pattern, instead of a long text where you have to read the analysis, you have come to the right place. The headings below should give you a pretty good picture on what the respective video is about. If you’re looking for analyses of specific currency pairs, please visit our forex rates section, where you can see the latest analyses and videos for the respective currency pairs. Most analyses in the videos below are based on technical analysis primarily looking at support and resistance levels, and we would greatly appreciate any feedback from you as a reader here, contact us.
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Macroeconomic/ geopolitical developments US headline CPI data leapt by 1.2% in March, with the year-over-year rise at 8.5%, above consensus expectations to a four-decade high. More hawkish comments from Charles Evans of the Fed (historically a dove) regarding accelerated rate hikes echoed the comments the prior week from another dove, Lael Brainard. The European Central … Continued
Euro-Dollar holds key support (EURUSD forecast) Dollar Index also holds support (DXY forecast) US Dollar-Yen breaks up (USDJPY forecast) Aussie and Kiwi break down (AUDUSD and NZDUSD forecast)
Macroeconomic/ geopolitical developments Hawkish comments from Lael Brainard of the Fed (usually more of a dove) regarding rate hikes and balance sheet normalization saw Bonds yields surge last Tuesday, with growth/ tech stocks leading the US stock averages lower. This was affirmed by Wednesday’s FOMC Meeting Minutes, which reinforced a more hawkish threat from the … Continued
US Dollar Index breaks up (DXY forecast) But Euro-Dollar does not break down (EURUSD forecast) Blow off tops on Aussie and Kiwi (AUDUSD and NZDUSD forecasts)
US Dollar Index holds key support (DXY forecast) US Dollar-Yen reverses lower (USDJPY forecast) Aussie approaches major resistance (AUDUSD forecast)
Macroeconomic/ geopolitical developments The financial markets have been less dominated by the Russian invasion of Ukraine, as a lack of any significant escalation has seen a further shift towards more of a “risk on” theme for global risky assets (notably stocks) since mid-March. This has also been assisted by hopes from the Ukraine/ Russia talks … Continued
US Dollar-Yen continue its march higher (USDJPY forecast) Aussie approach major resistance (AUDUSD forecast) US Dollar-CAD continues its breakdown (USDCAD forecast)
Macroeconomic/ geopolitical developments The financial markets have once more been dominated by the Russian invasion of Ukraine, but with a shift towards more of a “risk on” theme through mid-March. This has been driven by hopes from minimally positive signals from the Ukraine/ Russia talks. And, although there have been some upsetting impacts on civilians, … Continued
Reversal on US Dollar Index but key support held (DXY forecast) Pound reaches breakout point (GBPUSD forecast) US Dollar-Yen reaches major upside target (USDJPY forecast)
Macroeconomic/ geopolitical developments The financial markets have again been dominated by the Russian invasion of Ukraine, with shifts between “risk on” and “risk off” themes. Further punitive sanctions including the US barring Russian oil imports has increased the threat to global trade and global economic growth. Global commodity prices have again risen aggressively, but also … Continued
Euro Future hits major downside target (EURUSD forecast) Pound breaks down (GBPUSD forecast) US Dollar-Yen breaks up (USDJPY forecast)
Macroeconomic/ geopolitical developments The financial markets have again been dominated by developments in the Russian invasion of Ukraine, with shifts between “risk off” and “risk on” themes. More punitive sanctions have seen European and U.K. stocks under particular pressure given the likely impact on global trade and the global economy. Global commodity prices have risen … Continued
US Dollar Index breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Pound hovers above final support (GBPUSD forecast) Aussie and Kiwi both break higher (AUDUSD & NZDUSD forecasts)
Macroeconomic/ geopolitical developments The markets were dominated last week with shifts between “risk off” then “risk on” themes with the Russian invasion of Ukraine. The “risk off” theme on the initial invasion quickly shifted to “risk on”, as is often seen when conflict is predicted by markets and then finally breaks out, “sell the rumour, … Continued
US Dollar Index fails back lower, but support intact (DXY forecast) Euro rebound to approach resistance (EURUSD forecast) Aussie holds support (AUDUSD forecast)
Macroeconomic/ geopolitical developments The markets were dominated last week with shifts between “risk on” then “risk off” themes with conflicting reports regarding the potential for conflict starting between Russia and Ukraine. Reports of Russian troops withdrawing saw a “risk on” move earlier in the week, which was dismissed by Western statements regarding a potentially imminent … Continued
US Dollar Index defied by a short-term range (DXY forecast) Negatives appear on the Aussie Dollar (AUDUSD forecast)
Macroeconomic/ geopolitical developments Another inflationary shock to the upside with the release of the US CPI data on Thursday that saw a print of 7.5% on an annual basis, above consensus estimates and at its highest level for 40 years, since 1982. The surging inflation data from the US (and globally so far in 2022) … Continued
Euro tops out at major resistance to the tick on Thursday (EURUSD forecast) Euro-Pound tops out at its monthly resistance (EURGBP forecast) Positive appears on US Dollar-CAD (USDCAD forecast) US DollarYen reaches upside target (USDJPY forecast)
Macroeconomic/ geopolitical developments A more hawkish tone from global central banks with the Fed shifting more hawkish through January, on Thursday we saw the Bank of England and European Central Bank both signal a more hawkish tone. The Bank of England delivered a 25bp interest rate hike as anticipated, but the vote was close for … Continued
US Dollar Index posts major negative (DXY forecast) Euro signals major positive (EURUSD forecast) Uptrend over on Pound (GBPUSD forecast) Aussie posts fresh negative (AUDUSD forecast)
Macroeconomic/ geopolitical developments We got the US Federal Open Market Committee (FOMC) interest rate decision, statement and press conference on Wednesday and although markets moved initially to a “risk on” theme after the statement, the press conference saw a “risk off” shift, as, markets interpreted comments from Fed Chair Jerome Powell as opening the door … Continued
US Dollar breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Aussie breaks final major support Kiwi accelerates lower
A quiet week sees Pound, Aussie and Kiwi retreat (GBPUSD, AUDUSD, NZDUSD forecasts) The US Dollar Index reaches first upside target (DXY forecast) A major positive appears on EuroPound (EURGBP forecast)
Macroeconomic/ geopolitical developments Ongoing concerns of global inflationary pressures have seen an erratic start to the year for global markets, seen again last week. The US CPI data for December showed a 7% rise over a year, the highest inflation rate since 1982! Although this was priced in, it continues to fuel inflationary and higher … Continued
US Dollar Index hits major support and posts positive (DXY forecast) Pound uptrend over (GBPUSD forecast) Negatives appear on Aussie and Kiwi (AUDUSD and NZDUSD forecasts) Dollar-CAD reverses (USDCAD forecast)
Macroeconomic/ geopolitical developments 2022 kicked off with a continuation of the latter 2021 theme of rising concerns of global inflationary pressures. This saw a rise in not just US bond yields, but in global bond yields, particularly in the major, economic centres. This higher yield theme was reinforced by the release of the Minutes from … Continued
Negative on US Dollar Index needs conformation Pound holds monthly support Negatives on Aussie and Kiwi Uptrend on US Dollar-Yen ends
Macroeconomic/ geopolitical developments Concerns that the Omicron strain of COVID-19 could contribute to supply chain disruptions and weigh on global economic growth have resurfaced over the past week. This has been driven by global medical institutions warnings of the more contagious aspect of Omicron the surging numbers of cases in many countries (for example the … Continued
WTI and Brent Includes an educational piece on how to use spreads to qualify futures
Major positive on US Dollar Index (DXY forecast) And a negative on Euro (EURUSD forecast) Both need to be confirmed
Macroeconomic/ geopolitical developments Concerns that the Omicron strain of COVID-19 could contribute to supply chain disruptions and weigh on global economic growth have decreased over the past week. This has been due to positive sounding from vaccine providers and medical institutions regarding the efficacy of vaccines and that the variant could be less severe than … Continued
Aussie hits major final support and rallies strongly (AUDUSD forecast) Pound posts positive (EURUSD forecast) Euro-Pound reaches upside target (EURGBP forecast)
Aussie Dollar reaches major downside target (AUDUSD forecast) Kiwi breaks down (NZDUSD forecast) Support rises on the Dollar Index (DXY forecast) Cable sits just above final weekly based support (GBPUSD forecast)
US Dollar Index posts major negative (DXY forecast) Euro-Dollar a positive (EURUSD forecast) USD-JPY breaks down (USDJPY forecast) Aussie Dollar approaches major support (AUDUSD forecast)
Macroeconomic/ geopolitical developments The standout event last week was the US CPI data on Wednesday, which came in much higher than expected at 6.2% year-over-year, its highest level since 1990. This fuelled ongoing, underlying inflation concerns, seeing global stock indices setback (then bounce), whilst global bonds pushed to higher yields. Tesla saw a steep decline … Continued
US Dollar Index breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Partial profits in order on the Aussie (AUDUSD forecast)
Macroeconomic/ geopolitical developments The Federal Reserve Open Market Committee (FOMC) met on Wednesday and as expected announced the start of tapering their monthly bond purchases by USD 15 billion later in November and December. However, the FOMC statement again highlighted an expectation for inflation to moderate and signalled no rush to tighten monetary policy. Markets … Continued
US Dollar Index stats at major resistance (DXY forecast) Pound threatens to breakdown (GBPUSD forecast) Major bear trap lies below on Euro-US Dollar (EURUSD forecast)
Macroeconomic/ geopolitical developments The busiest week of the US earnings season saw mixed earnings from Big Tech, with positives from Facebook, Microsoft and Google, and a positive announcement for Tesla, but significant misses from Apple, and Amazon. Further progress was seen on Biden’s proposed social infrastructure bill Despite losses after the Apple and Amazon releases, … Continued
Major positive on the US Dollar Index, but needs confirmation (DXY forecast) Negative on Euro-US Dollar (again, needing confirmation, EURUSD forecast)
Macroeconomic/ geopolitical developments Earnings season continued in the US last week, with positive earnings surprises across sectors, reinforcing solid results from the financial sector the prior week. But Snapchat parent Snap did disappoint on Friday, dragging the tech sector and Nasdaq lower to end the week. Fiscal stimulus hopes also helped the “risk on” theme … Continued
Negatives appear on Cable (GBPUSD forecast) Aussie and Kiwi also post negatives (AUDUSD and NZDUSD forecasts) US Dollar-Yen uptrend ends (USDJPY forecast)
Macroeconomic/ geopolitical developments Although the FOMC meeting minutes on Wednesday did indicate that bond purchase tapering is likely to begin before the end of 2021, the minutes also revealed that Fed officials are currently looking to keep interest rates at or near zero for the next couple of years. Data has suggested that both supply … Continued
US Dollar Index remains trapped (DXY forecast) Euro-Dollar posts rare positive pattern (EURUSD forecast) US Dollar-Yen accelerates up (USDJPY forecast)
Macroeconomic/ geopolitical developments Positive soundings on the US debt ceiling talks have helped riskier assets (such as stocks/ equities) in early October. The “risk off” theme that struck global financial markets in September has started to reverse back to a “risk on” theme, despite the extension to higher yields across global bond markets (led by … Continued
US Dollar Index goes sideways (DXY forecast) Euro-Dollar has major support below (EURUSD forecast) US Dollar-Yen breaks up (USDJPY forecast) Positive appears on Euro-Pound ahead of major support (EURGBP forecast)
Macroeconomic/ geopolitical developments The “risk off” theme that had struck global financial markets earlier in September resumed into month-end as inflation concerns returned, alongside higher yield pressures. Global stock indices reversed previous recovery rebounds, looking technically vulnerable. Debt ceiling and stimulus uncertainty are also weighing on riskier assets. Although the federal government passed a short-term … Continued
The US Dollar Index stalled in a major resistance zone and posts negative meaning profits taken on long positions. US Dollar-Yen posts false breakout up and builds reversal
Macroeconomic/ geopolitical developments The “risk off” mode that has gripped global financial markets in September due to growth and inflation concerns was intensified early last week with Evergrande contagion worries. However, these contagions fears have eased through the week, as have the growth and inflation worries, which have seen global stock indices post robust recovery … Continued
Aussie holds support (AUDUSD forecast) A negative on USD-CAD (USDCAD forecast) A major “Bear Trap” lies below on the Euro-Dollar (EURUSD forecast)
Macroeconomic/ geopolitical developments Ongoing growth and inflation concerns have left global financial markets in “risk off” mode, and still vulnerable to further erratic, “risk off” moves. Growth concerns have been sparked by three main factors: ongoing supply chain worries fuelling inflation fears Inflation worries putting the spotlight on Central Banks and in particular the Fed … Continued
US Dollar Index breaks up (DXY forecast) Euro breaks down, but futures has a major support nearby (EURUSD forecast) Aussie drifts down (AUDUSD forecast) Dollar-CAD breaks up (USDCAD forecast)
Macroeconomic/ geopolitical developments The ongoing global spread of the COVID-19 Delta variant and the concerns regarding the new Mu variant, have impacted on growth expectations. In addition, ongoing supply chain worries have continued to fuel inflation fears and accentuate growth concerns. These factors leave global financial markets vulnerable to erratic, “risk off” moves. On Thursday … Continued
US Dollar send positive signal (DXY forecast) Euro signals negative (EURUSD forecast) Aussie negative statement (AUDUSD forecast)
Macroeconomic/ geopolitical developments The standout economic event last week was the August US Employment report on Friday, which was disappointing, the headline Non-Farm Payroll (NFP) data missed expectations, posting at 235K, with 750K expected. Prior monthly gains were revised higher though, whilst the Unemployment Rate fell to a pandemic-era low at 5.2%. Global Purchasing Managers … Continued
Euro stalls ahead of major upside target US Dollar Index major support looms below Kiwi reaches next upside target
Reversals in Aussie and Kiwi (AUDUSD and NZDUSD forecasts) NZDUSD is still below its breakdown point having signalled a false breakdown
Macroeconomic/ geopolitical developments The standout economic event last week was the Jackson Hole Economic Policy Symposium, but it ended up as a non-event, as Fed Chair Powell did not signal anything different than previously communicated with respect to removing policy accommodation. The chaos, unrest and terrorist activity in Afghanistan has had muted impact on global … Continued
Macroeconomic/ geopolitical developments The standout event last week was the Fed Minutes which showed increasing talk of tapering Bond purchases later this year. The data even last week were the US Retail Sales numbers which fell 1.1% in July (though June data was revised higher). Chinese stocks remain under pressures with the ongoing regulatory clampdown … Continued
Pound, Aussie and Kiwi break down (GBPUSD, AUDUSD, NZDUSD forecasts) Dollar Cad breaks up and hits major upside target (USDCAD forecast)
Macroeconomic/ geopolitical developments The standout event in a light data week was the US Consumer Price Index (CPI) data, with the ex-Food & Energy number coming in at 0.3%, below consensus estimates. On the fiscal side, the US Senate passed the infrastructure spending bill, approximately USD 1 trillion with about USD 560 billion of new … Continued
Negative USD signal (DXY forecast) Positive on Euro (EURUSD forecast) Pound holds support (GBPUSD forecast) So does Euro-Pound (EURGBP forecast)
US Dollar holds support (DXY forecast) Negatives appear on Pound and Aussie (GBPUSD and AUDUSD forecast) Yen holds support and reaches first upside target (USDJPY forecast)
Macroeconomic/ geopolitical developments Last week, global financial markets were still digesting the big event of the prior week with the US Federal Reserve signalling a more hawkish tone than the financial markets had anticipated. Fed officials this past week have sought to calm markets and allay fears that they were about to start to tighten … Continued
US Dollar support focus (DXY forecast) Pound send positive signal, but resistance above (GBPUSD forecast) Positives also on Aussie and Kiwi, but still see resistances (AUDUSD and NZDUSD forecasts) Negatives on US Dollar-CAD signals end of uptrend (USDCAD forecast)
Macroeconomic/ geopolitical developments The big event of the past week was US Federal Open Market Committee (FOMC) interest rate decision and statement on Wednesday. The FOMC dot plot chart at least two quarter-point rate increases in 2023. This was a more hawkish tone than the US and global financial markets had anticipated, causing significant price … Continued
Euro breaks down (EURUSD forecast) Pound support disappears (GBPUSD forecast) Aussie breaks down and Kiwi closes below major support (AUDUSD and NZDUSD forecasts) US Dollar-CAD breaks up (USDCAD forecast)
Macroeconomic/ geopolitical developments US CPI data was higher than expectations, with the headline data posting at 5% year-on-year for May, at its fastest pace since August 2008, with the core rate at 3.8%, its highest for nearly three decades. But Bond markets and stock indices shrugged off this data, with moves to lower yields and … Continued
US Dollar Index holds support and threatens to break up (DXY forecast) Euro closes just above key support (EURUSD forecast) Negative on Pound needs to be confirmed (GBPUSD forecast) US Dollar-CAD breaks up (USDCAD forecast)
Macroeconomic/ geopolitical developments Another quiet week in financial markets up until Friday, despite a busy data calendar. Markets kicked into life after Friday’s US Employment report, which saw 559K jobs added in May, which was slightly worse than expectations. Over the weekend, the G7 agreed a global minimum corporate tax of 15%. Global financial market … Continued
Dollar Index holds key weekly support Key support rises on the Euro Negative appears on Dollar Yen Negative also seen on Pound. Tug of war in Dollar-CAD, awaiting the breakout.
Macroeconomic/ geopolitical developments A quiet week in financial markets with muted central bank activity and a relatively light data calendar. The standout on Wednesday was a more hawkish tone from the Reserve Bank of New Zealand (RBNZ). This helped the New Zealand Dollar post firm gains across the Forex board. Cryptocurrencies remained volatile, with Bitcoin … Continued
Positives appear on US Dollar-Yen (USDJPY forecast) Negative signalled on Aussie (AUDUSD forecast) Dollar-CAD posts extremely rare positives! (USDCAD forecast)
Macroeconomic/ geopolitical developments Inflation concerns remain, after the recent spike in US CPI data. The Fed Minutes on Wednesday highlighted an improving US economy but still far from the Fed’s goals, this did not have a significant impact on global financial markets. Tensions in Gaza have eased with an Israel-Hamas ceasefire announced. The Indian COVID … Continued
Dollar Index repeatedly holds final critical support (DXY forecast) Negative on Dollar-Yen (USDJPY forecast) And on Kiwi (NZDUSD forecast) These need to be confirmed by a breakdown through support
Macroeconomic/ geopolitical developments The US Consumer Price Index released on Wednesday came in at 4.2% from a year ago and 0.8% from March, significantly higher than expected. This data heightened US and wider inflation concerns, which had already spooked Big Tech stocks through mid-May, pulling broader equity indices lower. Tensions in Israel have had little … Continued
US Dollar fails at key resistance Euro holds support Aussie and Kiwi need to confirm fresh negatives
An interview with Jack Schwager, legendary author of the Market Wizards series of trader interviews, who has 22 years experience as a Director of Futures Research for some of Wall Street’s largest firms, including Prudential Securities. Jack is also currently championing Fund Seeder, as a co-founder. FundSeeder.com is a platform devised to find unknown global trading talent and to connect these unknown but … Continued
Dollar Index fails to confirm bullish signal and then breaks down Euro holds support and breaks up Positives on Aussie and Kiwi US Dollar-CAD accelerates lower
Macroeconomic/ geopolitical developments US President Biden announced his $1.8 trillion American Families Plan (human infrastructure) to complement the $2 trillion infrastructure plan announced at the end of March. Earnings season has continued with more positives, with Amazon, Google, Apple, Facebook and Tesla all beating estimates (though the price action on these stocks has not been … Continued
Major sell on Euro (EURUSD forecast) Negative on Pound (GBPUSD forecast) Major support on Aussie switches to resistance (AUDUSD forecast) US Dollar-Canadian Dollar breaks down (USDCAD forecast)
Macroeconomic/ geopolitical developments US President Biden announced a potentially significant increase in Capital Gains Tax (CGT) rates, which had a negative impact on US (and global) risk assets. Earnings season has continued with mostly positives, though Netflix missed the expectations of analysts on new subscribers, which was a broader negative for new media/ big tech. … Continued
US Dollar Index breaks down (DXY forecast) Euro breaks up (EURUSD forecast)
Dollar Index negative signal (DXY forecast) Pound posts positives (GBPUSD forecast) Euro-Pound Reversing (EURGBP forecast)
Macroeconomic/ geopolitical developments US Retail Sales data for March came in extremely strong on Thursday, beating expectation with a rise of 9.8% MoM. Earnings season has kicked off in earnest in the US, with the Banks and Financials leading the way, in most instances beating expectations. The European vaccine rollout has improved, although it still … Continued
Macroeconomic/ geopolitical developments On the Central Bank side last week, we had the Federal Open Market Committee (FOMC) Meeting Minutes released on Wednesday and Fed Chairman Powell spoke on Thursday. The FOMC Meeting Minutes and speech by Powell simply reiterated a still ongoing dovish stance. This has seen US yields retreat from multi-year yield highs … Continued
A quiet week sees the US Dollar retreat to first support (DXY forecast) The Euro reaches its upside target (EURUSD forecast) Major reversal on Euro-Pound (EURGBP forecast)
Macroeconomic/ geopolitical developments The global Market and US Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) reports were out on Thursday and were broadly better than expected. The US Employment report for March was released on Friday and the Non-Farm Payroll data far exceeded the anticipated number of 675K, posting at 916K, whilst … Continued
Minor positive appears on Euro (EURUSD forecast) Dollar-Yen continues to outperform (USDJPY forecast) Small positive appear on Aussie and Kiwi and negative on USDCAD (AUDUSD, NZDUSD and USDCAD forecasts)
Macroeconomic/ geopolitical developments In various speaking engagements this past week Fed Chairman Jerome Powell has reiterated the US Central Bank’s dovish stance. This saw US yields (and global bonds) move back modestly to lower yield territory (from recent high yield extremes). The German Ifo business climate index for March posted at to 96.6 from 92.7 … Continued
Dollar Index and Dollar-Yen break up (DXY and USDJPY forecasts) Aussie and Kiwi post positives (AUDUSD and NZDUSD forecasts) EuroPound close to restarting the downtrend (EURGBP forecast)
Macroeconomic/ geopolitical developments The focus this past week was on the US Federal Open Market Committee (FOMC) interest rate decision, statement and press conference, with a still very dovish stance emphasised again. However, a slight shift in the dot plot chart towards a possibly earlier than expected rate hike in 2022 from some members eventually … Continued
A very quiet week sees resistance drop on the Dollar Index and lowers the breakout point (DXY forecast) Positive appears on Dollar-CAD (USDCAD forecast) A major buy signal appears on Euro-Pound (EURGBP forecast)
Macroeconomic/ geopolitical developments President Biden’s $1.9 trillion COVID relief bill was passed into law this week. A lower-than-expected US CPI report on Wednesday calmed inflationary worries and built on the strong US jobs report from the prior week. This sent value stocks surging higher and allowed for a rebound in growth stocks, which continue to … Continued
Dollar reverses (DXY forecast) Euro posts positive along with Pound (EURUSD and GBPUSD forecasts) Kiwi holds support and Dollar-CAD close to breaking down (NZDUSD and USDCAD forecasts)
Macroeconomic/ geopolitical developments Another relatively quiet week for global financial markets from a macroeconomic and geopolitical perspective, but as at the end of February price action across the major asset classes was still volatile. The ongoing development last week was the continuing surge in global yields, particularly in the US and notably at the longer … Continued
Dollar Index break up (DXY forecast) Euro reaches first downside target (EURUSD forecast) Kiwi also hits support target (NZDUSD forecast)
Macroeconomic/ geopolitical developments This past week has been all about frenzied stock market exuberance, often a reflection of an inflating equity market “bubble” and the fears and concerns that this activity brings. GameStop shares have skyrocketed in the past week having already seen an aggressive rise in January, driven by a herd mentality of individual … Continued
Here is an in-depth interview with Jim Martens, Elliott Wave International’s (EWI) Senior Currency Strategist and editor of the trader-focused Currency Pro Service. In this interview, we will discuss the Major currency pairs, including EURUSD, the US Dollar Index (DXY), GBPUSD, USDCHF, USDJPY, AUDUSD and USDCAD. Here is a link to a free report on trading … Continued