• October 26, 2023
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Japanese Yen Retests 150 Ahead of BOJ; USD/JPY, GBP/JPY, EUR/JPY Setups

JPY is retesting the psychological 150 mark against the USD ahead of the BOJ’s policy meeting next week. What is the outlook and what are the key levels to watch in USD/JPY, GBP/JPY, and EUR/JPY?...
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  • October 26, 2023
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US Dollar Forecast: EUR/USD, AUD/USD on Shaky Ground Ahead of US GDP Data

U.S. GDP data will steal some of the limelight on Thursday. A strong report could put upward pressure on bond yields, boosting the U.S. dollar against its major peers, such as the euro and the Australian dollar....
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  • October 26, 2023
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GBP/USD at Risk of Freefall if 1.2000 Psychological Level is Broken

GBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we in for fresh lows or a period of consolidation ahead of Central Bank Meetings?...
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  • October 26, 2023
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S&P500, NAS100 Weighed Down by Tech Earnings and Rising Yields. 4000 Level Up Next?

US Indices fail to capitalize on early week recovery as Treasury Yields rebound and Alphabet cloud business disappoints. US Yields are rising at the fastest pace since the 1980s, is this something that should concern Equity markets?...
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  • October 25, 2023
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USD/CAD Fails to Sustain Breakout after Bank of Canada Decision. What’s Next?

The Bank of Canada holds interest rates steady at 5.0%, but signals it is prepared to raise interest rates further if needed in light of increased upside inflation risks....
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  • October 25, 2023
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Oil Price Update: Demand Fears Outweigh Conflict Concerns

Brent crude and WTI struggle to recover lost ground after European data re-emphasized growth concerns. US storage data out at 14:30 (GMT)...
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  • October 25, 2023
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Gold (XAU/USD) Latest – US Treasury Yields Subdued, Major Central Bank Policy Decisions Near

Gold is holding onto its recent gains and may well look to re-test the $2,000/oz. level again....
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  • October 25, 2023
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FTSE 100, Dax and Dow Rebound from Recent Lows

Indices staged a recovery on Tuesday, but morning trading so far has been cautious....
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  • October 25, 2023
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EUR/USD Price Outlook: Bullish Lift Halted by Stubborn Resistance Zone

EUR/USD has been the main beneficiary of the recent dollar decline. However, dismal European PMI data and confluence resistance has forced the pair lower...
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  • October 25, 2023
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Hang Seng Index (HSI) Rallies on China Stimulus While AUD Finds Support on CPI Data

The Hang Seng index galloped to higher ground on Beijing’s measures to lift the economy and sentiment. Could this be a turning point for the world’s second-largest economy?...
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