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- October 21, 2022
- Technical Analysis
US Dollar Forecast: DXY Index Consolidation Continues as USD/JPY Breaks Above 150
US Treasury yields continue to push higher, cushioning the US Dollar....
- October 21, 2022
- Market News
EURUSD Continues to Coil – Is a Big Move Imminent?
EURUSD continues to carve out a symmetrical triangle as traders await the next large move....
- October 21, 2022
- Market News
Buy the Rumor Sell the Fact, Explained
The concept of ‘buy the rumor, sell the fact’ is rooted in human psychology and understanding it can help traders avoid poorly timed entries...
- October 21, 2022
- Market News
Canadian Dollar Gains but Remains in Tough Spot, USD/CAD Rejected at Key Support
The Canadian dollar strengthens moderately against the U.S. dollar, but its fundamental outlook remains challenging amid mounting headwinds for high-b...
- October 21, 2022
- Technical Analysis
Gold Price Short-term Outlook: Gold on the Precipice- XAU Support
Gold prices have slipped into the last line of defense- risk for inflection into trend support. The levels that matter on the XAU/USD short-term techn...
- October 20, 2022
- Market News
FTSE 100 Outlook: UK Stocks Uncertain After UK Prime Minister Resigns
Prime Minister Liz Truss resignation initially enabled FTSE to move higher before moving back towards current resistance holding at 7,000. What’...
- October 20, 2022
- Market News
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
The British Pound continues to get pushed by headlines but GBP/USD remains in a consolidation pattern for now, even as GBP/JPY has put in a massive mo...
- October 20, 2022
- Market News
Bitcoin Forecast: BTC/USD Resilience Holds as Consolidation Builds
Bitcoin (BTC) prices remain in a tight range despite earnings and Fedspeak schedule that remain at the forefront of risk sentiment. How long can BTC/U...
- October 20, 2022
- Technical Analysis
USD/CHF Chart Pattern Points to Big Move Coming
USD/CHF is at a make-or-break point with it trading at the apex of a large ascending wedge pattern; scenarios outlined....