Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?

The Japanese Yen dipped today as GDP weighs and the US Dollar regains its ascendency with building concern for a significant slowdown next year. Where to for USD/JPY?

from DailyFX – Market News https://bit.ly/3HjIN0X
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Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD?

The Euro has steadied against the US Dollar on Thursday as the market ponders the path of Fed rate hikes and technical resistance levels remain overhead for now. Will EUR/USD rally?

from DailyFX – Market News https://bit.ly/3W4ef7z
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Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge in Focus

Crude oil prices are nearing a 10 percent loss this week, which would be the worst since March amid rising recession woes. WTI appears to be trading within a Falling Wedge chart pattern.

from DailyFX – Market News https://bit.ly/3uCNUkY
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S&P 500 and USDJPY Abide Technical Ranges Even as Volatility and Recession Fears Grow

The economic docket is thinning out, shifting the focus from imminent volatility catalysts to anticipation for the heavy fundamental seas next week. That may or may not chasten the recent rebound in VIX, but it is likely to bolster the weight of technical barriers from the likes of the S&P 500 and USDJPY.

from DailyFX – Market News https://bit.ly/3Fe9KjK
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