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USD in Review Ahead of PCE data – Inflation Remains a Key Driver of USD

USD in Review Ahead of PCE data – Inflation Remains a Key Driver of USD

Recent hawkish rhetoric from the Fed appeared to have little lasting effect on the dollar. Current short USD positioning reveals the market’s bet on...
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Top 10 Candlestick Patterns To Trade the Markets

Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets....
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EUR/USD Update: Euro Area Inflation Declines for the First Time Since July 2021

EUR/USD Update: Euro Area Inflation Declines for the First Time Since July 2021

EUR/USD bounces on Euro Area inflation beat. Long-term direction still unclear as markets await Fed Powell speech and NFP data....
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Big Mistake Leads Technical Trader to Top Three Tools

Big Mistake Leads Technical Trader to Top Three Tools

Developing your strategy comes at a cost –often a lot of time, money and frustration. Sometimes this process can be orderly and structured- it wasn�...
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Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech

Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech

The precious metal is stuck in a holding pattern, waiting for Fed chair Jerome Powell’s speech on the Economy, Inflation, and the Labor Market, late...
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US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects

US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects

The US Dollar is on the back foot again ahead of commentary from the Federal Reserve Chair. If the Fed remains hawkish, will the market listen and it ...
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S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks

S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks

Event risk has started pick up this past session with US consumer confidence, Germany CPI and Canadian GDP. However, the fundamental stir that would f...
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Hang Seng Index Technical Outlook: Upside Could Be Limited

Hang Seng Index Technical Outlook: Upside Could Be Limited

The upward momentum in the Hang Seng Index (HIS) appears to be fading suggesting that the one-month rebound could have limited upside from here. What ...
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Australian Dollar Gains Despite Soft Chinese PMI and Mixed Domestic Data. Lower AUD/USD?

Australian Dollar Gains Despite Soft Chinese PMI and Mixed Domestic Data. Lower AUD/USD?

The Australian Dollar had a look lower after China’s PMI disappointed at 48, while local statistics showed an economy at the crossroads. Where to fo...
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