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- October 25, 2022
- Market News
Australian Dollar Trails Chinese Stocks Lower Despite Dow Jones Gains
The Australian Dollar fell against the US Dollar despite a rosy Wall Street trading session. Fed bets eased after weak PMI numbers, bolstering equitie...
- October 25, 2022
- Market News
USD/JPY Susceptible to Larger Pullback as RSI Falls from Overbought Zone
USD/JPY may face a larger pullback over the coming days as the Relative Strength Index (RSI) falls back from overbought territory....
- October 25, 2022
- Market News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
Is the US Dollar on the cusp of a deeper pullback? DXY has been aggressively bullish for the past seven months, might there be a pause in the trend?...
- October 25, 2022
- Market News
Nasdaq 100 Jumps ahead of Microsoft and Alphabet Earnings – What to Expect?
The Nasdaq 100 extended gains on Monday ahead of Tuesday’s earnings from Microsoft and Alphabet. Quarterly results from these mega-caps could se...
- October 25, 2022
- Technical Analysis
Euro Technical Forecast: EUR/USD Eyes 2022 Trend Resistance
Euro surged more than 2.7% off the monthly lows with EUR/USD now approaching yearly downtrend resistance. The levels that matter on the weekly technic...
- October 25, 2022
- Market News
S&P 500 Outlook: Corporate Earnings in Focus as Fed Enters Blackout Period
Traders are looking to major tech earnings later this week for a catalyst as the Fed goes dark ahead of the November meeting....
- October 25, 2022
- Market News
DAX 40 Trades Higher – Fed Expectations Soften, Boosting German Stocks
German Dax turns positive amid increased speculation that a potential Fed pivot could be nearby. Can Dax clear 13,000 ahead of this week’s ECB rate ...
- October 24, 2022
- Market News
US Composite PMI Slumps as Factory Output Shrinks, Case for Fed Pivot Grows
U.S. business activity worsened in October on weaker demand conditions, a sign that the economy may be headed for a recession, which could prompt the ...
- October 24, 2022
- Technical Analysis
Gold Price Forecast: XAU/USD Looks Over the Ledge
Gold prices technically set a fresh two-year-low last Friday – and then printed a bullish engulf on the daily....