MARKET NEWS
Nov 07, 2023
Australian Dollar Price Action Setups: AUD/USD, GBP/AUD Post RBA Hike
The RBA followed through with a rate hike this morning and yet the Aussie Dollar weakened. Where to next for GBP/AUD and AUD/USD?
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Nov 07, 2023
US Dollar Setups: EUR/USD Defies Support After Pullback, USD/JPY Stands Tall
This article analyzes EUR/USD and USD/JPY from a technical perspective, examining recent price action dynamics and important price levels that deserve attention in the short term.
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Nov 07, 2023
Bitcoin (BTC/USD) Forecast: Open Interest Surge to Ignite a Fresh Bout of Volatility?
Bitcoins recent consolidation could be at an end as OI data suggests a surge in volatility may be on the horizon as whales continue to accumulate at an impressive rate.
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Nov 07, 2023
S&P 500 Price Outlook: Bullish Fatigue Allows Moment of Reflection
US stocks have soared over the last week, bolstered by the recent Fed meeting and softer jobs, economic data that has emerged and is likely to continue
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Nov 07, 2023
GBP/USD Slumps Back Below 1.2300 on Dovish BoE Rate Talk
Huw Pill, the Bank of England’s chief economist, said that UK inflation is set to fall sharply in the coming months, sending the British Pound lower
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Nov 07, 2023
Gold Cools as Volatility Subsides, Oil Sinks on Grim Global Outlook
Gold eased lower as the metal recovers from overbought territory, a stronger US dollar as the commodity appears less sensitive to the conflict. Oil sinks to prior swing low
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Nov 07, 2023
Dow & Nasdaq 100 Hold Firm while Nikkei 225 Drops Back​​​​
Some indices have dropped back from their highs of last week, but US markets continue to hold firm.
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Nov 07, 2023
Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower
The Australian central bank increased its official borrowing rate by 25 basis points, in line with recent expectations
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Nov 06, 2023
Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound
This article focuses on the Nasdaq 100 and USD/JPY from a technical standpoint, analyzing major price levels that could act as support or resistance in the coming trading sessions.
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Nov 06, 2023
Oil Price Forecast: WTI Remains Vulnerable Below the 100-Day MA
Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA
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