MARKET NEWS
Nov 09, 2023
EUR/USD Price Forecast: FED, ECB President to Facilitate a Move Toward 1.0800?
EURO Bulls eye a return to the 1.0800 mark as price action looks promising. Will the ECB or FED President provide a catalyst or will it be a grind higher?
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Nov 09, 2023
Pound Update: Sterling Eases Ahead of UK GDP Report
Sterling has eased ahead of Q3 UK GDP data tomorrow and continues to exhibit few, if any, bullish drivers
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Nov 09, 2023
Bitcoin (BTC) Continues to Rally as Spot ETF Chatter Gets Louder
Bitcoin (BTC) is back at highs last seen in May 2022 as talk gets louder that a raft of Bitcoin Spot ETFs will be announced by the SEC over the next few days
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Nov 09, 2023
BoJ Moves Closer to Dismantling Negative Interest Rates
The BoJ meeting revealed that progress towards the inflation target and rising wage expectations have necessitated policy tweaks ahead of a withdrawal from negative rates
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Nov 09, 2023
Dow Stalls at Trendline Resistance, but Nasdaq 100 Edges up and Nikkei 225 Rallies
​​After pulling back in recent sessions the Nikkei 225 has moved higher, while the Dow has reached trendline resistance and the Nasdaq 100 makes some tentative gains. ​
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Nov 09, 2023
Canadian Dollar Outlook: BoC Minutes Unable to Propel CAD Ahead of Powell
CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.
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Nov 08, 2023
Australian Dollar Forecast: AUD/USD Extends Bearish Reversal in Fakeout Fallout
AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
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Nov 08, 2023
S&P 500, NAS 100 Runs into Resistance, Can the Rally Continue?
US Indices have run into resistance but with a spate of earnings after market close can the rally continue?
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Nov 08, 2023
Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside
Gold continued its struggle today as the $1950 support area beckons. Will the Bearish momentum continue?
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Nov 08, 2023
US Dollar Setups: EUR/USD Flat, USD/MXN and USD/CAD Shine in Risk-Off Setting
In this article, we’ll focus on EUR/USD, USD/MXN and USD/CAD from a technical perspective, taking into account price action dynamics and market sentiment.
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