• November 7, 2023
  • Market News
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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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  • November 7, 2023
  • Market News
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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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  • November 7, 2023
  • Market News
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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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  • November 7, 2023
  • Market News
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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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  • November 7, 2023
  • Market News
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Gold Price Forecast: $1980 Support Break Eyed, Do Bears Have the Momentum?

Gold consolidates above a key support area as market participants await further clues. DXY remains key as we have a host of Fed Speakers on the docket which could provide some volatility as the week progresses....
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  • November 7, 2023
  • Market News
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US Dollar Setups: EUR/USD, GBP/USD and AUD/USD Muted as Bullish Momentum Wanes

This piece employs a technical approach to analyze EUR/USD, GBP/USD, and AUD/USD, with an emphasis on significant price levels that may act as support or resistance in the upcoming trading sessions....
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  • November 6, 2023
  • Market News
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GBP/USD Update: Cable Encounters Resistance Ahead of Q3 GDP Print

The pound benefitted from last week’s dollar selloff but the pair finds early resistance in a quiet week. Fed speakers emerge to fill the void with UK GDP on Friday...
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  • November 6, 2023
  • Market News
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USD/ZAR Price Forecast: Is the Rand Rally Over?

Rand prices faces firm opposition at a key support zone after a sharp appreciation against the USD....
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  • November 6, 2023
  • Market News
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US Dollar (DXY) Sell-Off Continues after US Treasury Yields Collapse

The US dollar continues to move lower and eyes levels last seen nearly two months ago, as rate traders price in 100 basis points of rate cuts in the US next year....
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  • November 6, 2023
  • Market News
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FTSE 100, DAX 40 and S&P 500 Lose Upside Momentum Following Last Week’s Strong Gains​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as softer US economic data, a subdued Non-Farm Payrolls and dovish Fed statements led to risk-on sentiment....
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