{"id":7744,"date":"2022-05-16T08:07:50","date_gmt":"2022-05-16T08:07:50","guid":{"rendered":"https:\/\/www.sevenstarfx.com\/blog\/?p=7744"},"modified":"2022-07-08T08:19:51","modified_gmt":"2022-07-08T08:19:51","slug":"daily-market-outlook-16-may-2022","status":"publish","type":"post","link":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/","title":{"rendered":"Daily Market Outlook, 16 May, 2022"},"content":{"rendered":"<h3><span style=\"color: #cf2e2e\"><strong>Market Wrap: Stocks, Bonds, Commodities<\/strong><\/span><\/h3>\n<p>Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the Federal Reserve could tilt the economy into recession.<\/p>\n<p>The S&amp;P 500 gain (2.39%) ended at 4,023.89 points, while the Nasdaq Composite up 3.82% to 11,805.00. The Dow Jones Industrial was rose 1.47% to 32,196.66.<\/p>\n<p>MSCI\u2019s index of Asia-Pacific stocks outside Japan is ascend 0.02% to 641.02 levels. Australian index higher 0.25% to 7,093.10. Japanese Nikkei Index ascend 0.45% to 26,547.05.<\/p>\n<p>European stocks were negative on Monday, with the Stoxx Europe 50 Index lose 0.56% to 3,682.55, Germany&#8217;s DAX drop 0.62% to 13,942.12, and France&#8217;s CAC down 0.57% to 6,326.65, and U.K.&#8217;s FTSE 100 decrease 0.03% to 7,413.57.<\/p>\n<p>Benchmark 10-year U.S. Treasury fell as demand for safe assets ascend again, today 10-year bond yields a negative 2.9260.<\/p>\n<p>Oil prices rose about 4 percent on Friday as US gasoline prices jumped to a record high, China looked ready to ease pandemic restrictions and investors worried supplies will tighten if the European Union bans Russian oil.<\/p>\n<p>Spot Brent crude oil fell 1.46% to $109.92 per barrel. US West Texas Intermediate crude is down 1.20% to $107.33 a barrel.<\/p>\n<p>The yellow metal gold is drop 0.93% to 1,793.20 dollars per ounce.<\/p>\n<h3><span style=\"color: #cf2e2e\"><strong>Market Wrap: Forex\u00a0<\/strong><\/span><\/h3>\n<p>The U.S. dollar held firm in early European trade Monday, just off a 20-year high as traders sought out this safe haven amid concerns of slowing global growth and rising geopolitical tensions.<\/p>\n<p>Today, the U.S. dollar index measures the Greenback against a trade-weighted basket of six major currencies, which is a rose of 0.01% to 104.639.<\/p>\n<p>The Euro US Dollar (EUR\/USD) is a widely traded pair that is up 0.04% today. This left the pair trading around $1.04080.<\/p>\n<p>The Japanese yen was positive against the U.S. dollar on Monday as the stock up. Today USD\/JPY is gain 0.15% to 129.380 level.<\/p>\n<p>Another commodity-related currency negative against the U.S dollar, AUD\/USD drop 0.54 to 0.69030, and NZD\/USD lower 0.41% to 0.62570 level.<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">EUR\/USD Intraday:<\/span><\/strong> In a Consolidation Zone<\/h3>\n<p><strong>Our pivot point is at 1.03940<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take buy positions above pivot level with targets at 1.04870 &amp; 1.05690 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Below pivot looks for a further downside to 1.03070 &amp; 1.02440.<\/p>\n<p><strong>Comment:<\/strong> RSI above 50 levels and Pair above 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7739 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">GBP\/USD Intraday:<\/span> Major Resistance Level at 1.22600<\/h3>\n<p><strong>Our pivot point is at 1.22600<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Sell positions below pivot with targets at 1.21400 &amp; 1.20700 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: The price above pivot would call for further upside to 1.23600 &amp; 1.24390.<\/p>\n<p><strong>Comment<\/strong>:\u00a0 RSI below 50 levels pair below 20MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7740 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/GBPUSD-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">USD\/JPY Intraday: <\/span>Major Resistance Level at 129.580<\/h3>\n<p><strong>Our pivot point is at 129.580<\/strong><\/p>\n<p><strong>Preferable Price\u00a0<\/strong><strong>Action: <\/strong>Sell position below pivot with the target at 127.980 and 126.750 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: The upside breakout of the pivot would call for 131.010 and 132.280.<\/p>\n<p><strong>Comment<\/strong>: MACD is negative territory and pair below its 20MA &amp; 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7741 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/USDJPY-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">AUD\/USD Intraday: <\/span>Maj0r Support Level at 0.68930<span style=\"color: #000000\"><br \/>\n<\/span><\/h3>\n<p><strong>Our pivot point is at 0.68930<\/strong><\/p>\n<p><strong>Preferable Price Action:<\/strong> Buy Positions above pivot with targets at 0.70040 &amp; 0.70890 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Below pivot looks for a further downside with 0.68060 &amp; 0.67240 as targets.<\/p>\n<p><strong>Comment<\/strong>: RSI at 50 levels and Pair at 20MA &amp; 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7737 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/AUDUSD-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">CRUDEOIL Intraday:<\/span><\/strong> Trend on The Upside<\/h3>\n<p><strong>Our pivot point is at 107.07<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Above pivots Buy oil with 112.72 &amp; 116.63 as targets.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Sell crude below pivot with targets at 101.61 and 97.55 in extension.<\/p>\n<p><strong>Comment<\/strong>: MACD is in the positive territory and Pair above 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7738 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/CRUDEOIL-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">XAU\/USD Intraday: <\/span>Trend on The Downside<\/h3>\n<p><strong>Our pivot point is 1819.00<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Further downside to 1785.50 and 1760.40.<\/p>\n<p><strong>Alternative Price Action<\/strong>: If the price gives an upside breakout of a pivot, then the price extends to 1849.80 and 1875.60.<\/p>\n<p><strong>Comment<\/strong>: MACD is negative territory and pair below its 20MA &amp; 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7743 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/XAUUSD-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span> \u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">Dow Jones Intraday: <\/span>In a Consolidation Zone<span style=\"color: #cf2e2e\"><br \/>\n<\/span><\/h3>\n<p><strong>Our pivot point is 31,968.00\u00a0<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take Buy positions above pivot with targets at 32,388.00 &amp; 32,851.00.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Below 31,968.00 looks for further downside to 31,551.00 &amp; 31,137.00.<\/p>\n<p><strong>Comment<\/strong>: RSI at 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-7742 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10-1024x465.jpg\" alt=\"\" width=\"1024\" height=\"465\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10-1024x465.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10-300x136.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10-768x349.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10-1536x698.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/WS30-10.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicate Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span> \u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Wrap: Stocks, Bonds, Commodities Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[124,89,329,10,28,3,155,220,26,328,33,327,72,323,31,101],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Market Outlook, 16 May, 2022 | Seven Star FX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Outlook, 16 May, 2022 | Seven Star FX\" \/>\n<meta property=\"og:description\" content=\"Market Wrap: Stocks, Bonds, Commodities Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Seven Star FX\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SevenStar.FX\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-16T08:07:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-08T08:19:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-1024x465.jpg\" \/>\n<meta name=\"author\" content=\"SevenstarFX\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:site\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SevenstarFX\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\"},\"author\":{\"name\":\"SevenstarFX\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\"},\"headline\":\"Daily Market Outlook, 16 May, 2022\",\"datePublished\":\"2022-05-16T08:07:50+00:00\",\"dateModified\":\"2022-07-08T08:19:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\"},\"wordCount\":827,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"keywords\":[\"bitcoin\",\"covid19\",\"CRUDE FELL\",\"CRUDEOIL\",\"dow jones\",\"gold\",\"japan\",\"nasdaq\",\"Oil\",\"omicron\",\"S&amp;P 500\",\"STOCK PLUNGE\",\"US Dollar\",\"virus\",\"Wall Street\",\"yellow metal\"],\"articleSection\":[\"Daily Market outlook\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\",\"name\":\"Daily Market Outlook, 16 May, 2022 | Seven Star FX\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\"},\"datePublished\":\"2022-05-16T08:07:50+00:00\",\"dateModified\":\"2022-07-08T08:19:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sevenstarfx.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Market Outlook, 16 May, 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"name\":\"Seven Star FX\",\"description\":\"Forex Trading\",\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\",\"name\":\"Seven Star FX\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"contentUrl\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"width\":260,\"height\":100,\"caption\":\"Seven Star FX\"},\"image\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SevenStar.FX\/\",\"https:\/\/twitter.com\/sevenstarfx\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\",\"name\":\"SevenstarFX\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"caption\":\"SevenstarFX\"},\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Market Outlook, 16 May, 2022 | Seven Star FX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/","og_locale":"en_US","og_type":"article","og_title":"Daily Market Outlook, 16 May, 2022 | Seven Star FX","og_description":"Market Wrap: Stocks, Bonds, Commodities Wall Street surged on Friday to end higher, closing the book on a week of wild market gyrations as relief at signs of peaking inflation&hellip;","og_url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/","og_site_name":"Seven Star FX","article_publisher":"https:\/\/www.facebook.com\/SevenStar.FX\/","article_published_time":"2022-05-16T08:07:50+00:00","article_modified_time":"2022-07-08T08:19:51+00:00","og_image":[{"url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2022\/05\/EURUSD-10-1024x465.jpg"}],"author":"SevenstarFX","twitter_card":"summary_large_image","twitter_creator":"@sevenstarfx","twitter_site":"@sevenstarfx","twitter_misc":{"Written by":"SevenstarFX","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#article","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/"},"author":{"name":"SevenstarFX","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088"},"headline":"Daily Market Outlook, 16 May, 2022","datePublished":"2022-05-16T08:07:50+00:00","dateModified":"2022-07-08T08:19:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/"},"wordCount":827,"commentCount":0,"publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"keywords":["bitcoin","covid19","CRUDE FELL","CRUDEOIL","dow jones","gold","japan","nasdaq","Oil","omicron","S&amp;P 500","STOCK PLUNGE","US Dollar","virus","Wall Street","yellow metal"],"articleSection":["Daily Market outlook"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/","url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/","name":"Daily Market Outlook, 16 May, 2022 | Seven Star FX","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#website"},"datePublished":"2022-05-16T08:07:50+00:00","dateModified":"2022-07-08T08:19:51+00:00","breadcrumb":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-16-may-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sevenstarfx.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Daily Market Outlook, 16 May, 2022"}]},{"@type":"WebSite","@id":"https:\/\/www.sevenstarfx.com\/blog\/#website","url":"https:\/\/www.sevenstarfx.com\/blog\/","name":"Seven Star FX","description":"Forex Trading","publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization","name":"Seven Star FX","url":"https:\/\/www.sevenstarfx.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","contentUrl":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","width":260,"height":100,"caption":"Seven Star FX"},"image":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SevenStar.FX\/","https:\/\/twitter.com\/sevenstarfx"]},{"@type":"Person","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088","name":"SevenstarFX","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","caption":"SevenstarFX"},"url":"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/7744"}],"collection":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/comments?post=7744"}],"version-history":[{"count":2,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/7744\/revisions"}],"predecessor-version":[{"id":8174,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/7744\/revisions\/8174"}],"wp:attachment":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media?parent=7744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/categories?post=7744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/tags?post=7744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}