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USD/JPY Battles a Fresh 24-Year High as the Japanese Yen Continues to Slump

USD/JPY Battles a Fresh 24-Year High as the Japanese Yen Continues to Slump

The Japanese Yen is pressing against an important 24-year resistance level against the US dollar, a level that last saw the BoJ in action. Will the Ja...
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S&P 500 and NASDAQ COMPOSITE INDEX Technical Outlook: Looking Vulnerable

S&P 500 and NASDAQ COMPOSITE INDEX Technical Outlook: Looking Vulnerable

The S&P 500 Index and the Nasdaq Composite Index are looking vulnerable as they test crucial support. What is the outlook and what are the levels ...
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British Pound Breaking News: UK Unemployment Hits Levels Last Seen in 1974, GBP Undeterred

British Pound Breaking News: UK Unemployment Hits Levels Last Seen in 1974, GBP Undeterred

UK labor market surprises to the upside but the UK bond market selloff remains the focus for pound as GBP slides against the USD....
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KOSPI and NIFTY 50 Technical Outlook: Drifting Lower

KOSPI and NIFTY 50 Technical Outlook: Drifting Lower

The KOSPI index has fallen below key support. Meanwhile, the NIFTY 50’s uptrend since June appears to be running out of steam. What is the outlook a...
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Crude Oil Prices Look Past Russia-Ukraine Tensions as WTI Awaits US Inflation Report

Crude Oil Prices Look Past Russia-Ukraine Tensions as WTI Awaits US Inflation Report

Crude oil prices fell on Monday despite Russia-Ukraine tensions escalating. Geopolitics remains a wildcard as WTI awaits Thursday’s US inflation rep...
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Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range

Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range

The price of gold may face a further decline over the coming days if it fails to defend the opening range for October....
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AUD/USD Breaks Lower as Global Sentiment Deteriorates on Geopolitical Tensions

AUD/USD Breaks Lower as Global Sentiment Deteriorates on Geopolitical Tensions

Asia-Pacific markets look ready to extend an overnight slide on Wall Street as market sentiment degraded amid rising geopolitical tensions....
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USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

A move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action from last ...
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Nasdaq 100, S&P 500 and Dow Under Pressure Amid Fragile Sentiment

Nasdaq 100, S&P 500 and Dow Under Pressure Amid Fragile Sentiment

Major U.S. stock indices end in negative territory as investors weigh gloomy economic outlook ahead of an important risk event later in the week....
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