ForexR analyst
Nathan Brooks
US Markets & Federal Reserve Analyst
Nathan covers US economic releases and what they mean for the dollar. He separates what the data show from what markets appear to expect, and explains policy-sensitive events calmly.
- Covers
- US dollar; Federal Reserve; US inflation and employment
- Editorial voice
- Structured, attentive and evidence-focused
- Published
- 99 analyses
Latest From Nathan Brooks
Forex Market Update: Dollar Firmer, Bias NeutralDollar pairs are higher on the day in the London and New York overlap, but daily trends are mixed, so the dollar read stays neutral ahead of today's 13:30 UTC labor data.
Nasdaq 100 (US100) Forecast: Rebound, Trend Still DownNasdaq 100 (US100) is up 2.02% on the day at 27029, but daily, four-hour and hourly trends all point down, with the daily pivot at 27162.1 only 133.1 points above.
USD/CAD Forecast Today: Testing Pivot Bounds Before Labor DataUSD/CAD trades with a neutral bias near R1 support at 1.40461, constrained by conflicting technical trends. Simultaneous US and Canadian labor market reports stand as today's major catalysts.
Forex Market Update for the New York Session: Commodities LeadCommodities advance while equity futures pull back during the New York overlap. Major currency pairs trade in tight ranges ahead of key US labor data and central bank speeches.
USD/CAD Trades Near Intraday Lows Ahead of Jobless Claims and BoCUSD/CAD shows mixed daily momentum while intraday trends point lower. The immediate focus remains on support at 1.39317 ahead of today's US data and BoC remarks.
Forex Market Update: Dollar Slips in New York Session as Gold JumpsThe dollar trades softer against most majors in the New York session even as trend signals stay mixed; gold leads gainers near 4040 while ADP and ISM Services PMI readings are still ahead.
Nasdaq 100 (US100) Forecast Today: Pinned Near the PivotNasdaq 100 is down 0.28% on the day and trading between the daily pivot and R1 after a volatile post-election range, with daily and H4 trend down but H1 momentum mixed ahead of ADP and ISM Services data.
USD/CAD Forecast Today: Pair Drops Below 1.4000 Ahead of US ISMUSD/CAD sits lower on the day, caught between conflicting daily and intraday trends. The market awaits US ADP and ISM Services data for the next potential catalyst.
Forex Market Update: New York Session Eyes US JOLTS DataThe dollar is mixed across majors in the London-New York overlap, with gold holding below the 3985.38 resistance level and crude oil leading the day's gains as US JOLTS data and a BoC Macklem speech headline the session's calendar.
Nasdaq 100 (US100) Outlook Today: Bias Stays Bearish Below PivotUS100 sits between S1 and the daily pivot with daily, H4 and H1 trends all pointing down; today's JOLTS and Factory Orders data are the next scheduled catalysts.
USD/CAD Forecast Today: Price Pinned Between Pivot and S1USD/CAD trades at 1.39692, down 0.11% on the day, boxed between S1 at 1.39582 and the daily pivot at 1.3976 ahead of US JOLTS data and BoC Governor Macklem's speech.
Forex Market Update New York Session: EUR Climbs as Crude DropsIn the London and New York overlap, equity indices and Gold lead daily gains while WTI Crude Oil drops 3.45%, creating mixed signals across major currency pairs ahead of key US ISM data.
Nasdaq 100 (US100) Outlook: Holding Between Pivot and R1Nasdaq 100 (US100) trades at 28581.4, up 0.7% on the day, holding between the daily pivot at 28498 and R1 resistance at 28907.9 while daily, H4 and H1 trends stay lower ahead of today's US ISM Manufacturing PMI.
USD/CAD Forecast Today: Price Consolidates Ahead of US ISM DataUSD/CAD trades sideways between 1.39681 and 1.39953 amid mixed technical signals on the daily and hourly charts. Near-term direction remains focused on today's US ISM data and tomorrow's US Midterm Elections.
Forex Market Update: New York Session, Dollar Still MixedDollar bias is neutral in the London and New York overlap: GBP/USD is up on the day, USD/JPY is under S1, and Bitcoin and gold are the two largest declines.
Nasdaq 100 (US100) Technical Update Today: Index Positions Below S1The Nasdaq 100 declines 1.52% on the day, positioning below S1 resistance at 28812.3. All observed timeframes point to a downward trend as the market awaits US economic data and scheduled Federal Reserve commentary.
USD/CAD Forecast Today: Pair Tests Support Ahead of Canadian GDPUSD/CAD trades under pressure below 1.4000 as conflicting technical trends point to a neutral near-term outlook. Traders await today's Canadian GDP and US employment cost data for directional cues.
Forex Market Update: New York Session Stays MixedIn the London and New York overlap the dollar lean is neutral: USD/JPY is up 0.15% on the day, EUR/USD is down 0.23% near S1, and the ECB release is still ahead at 13:15 UTC.
Nasdaq 100 (US100) Forecast Today: Tech Index Slides Ahead of GDP DataThe Nasdaq 100 trades lower in a mixed technical environment as traders await heavy US economic data. Price sits between immediate support at S1 and resistance at the previous day low.
USD/CAD Forecast Today Stays Neutral Under 1.4USD/CAD is neutral at 1.3995 in the London session, with four-hour and one-hour trends down and the daily trend mixed. Nearest levels are 1.39878 and the daily pivot at 1.40162.
Nasdaq 100 (US100) Forecast Today Is NeutralNasdaq 100 (US100) at 29778 is up 0.49% and still between the daily pivot at 29494.1 and R1 at 29859.2. Daily and H4 trends are mixed against an up H1, with the Fed decision at 18:00 UTC.
USD/CAD Forecast Today: Rangebound Ahead of BoC and Fed DecisionsUSD/CAD trades just below R1 at 1.40656 as markets await interest rate decisions from both the Bank of Canada and the Federal Reserve today. The technical signals are mixed across multiple timeframes.
Forex Market Update: Dollar Mixed in New York OverlapInto the London and New York overlap the dollar is mixed: firmer versus the euro and yen, softer versus the Australian dollar, with EUR/USD already under S1 at 1.1155.
Nasdaq 100 Tests Immediate Resistance as Traders Digest US EconomicNasdaq 100 tests the previous day high while short-term and long-term trends conflict. Traders await a dense block of US economic data to provide directional clarity.