• October 25, 2023
  • Market News
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British Pound After UK Jobs Data: GBP/USD, GBP/JPY, GBP/AUD Price Action

GBP’s ongoing downward correction looks set to continue amid signs of cooling labor market conditions and price pressures. What is the outlook for GBP/USD, GBP/JPY, and GBP/AUD and the key levels to watch?...
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  • October 25, 2023
  • Market News
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Australian Dollar Jumps on Shocker CPI Data. If RBA Hike, Higher AUD/USD?

The Australian Dollar leapt higher immediately after headline CPI printed at 5.4% year-on-year to the end of September, adding to potential hike or hikes by the RBA. Will AUD/USD rally?...
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  • October 25, 2023
  • Market News
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EUR/USD Forecast: Euro Sinks After Fakeout ahead of ECB Decision. What Now?

This article offers an extensive analysis of EUR/USD, encompassing both fundamental and technical viewpoints ahead of the ECB decision. The piece also examines important price levels that may come into play in the coming trading sessions....
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  • October 25, 2023
  • Market News
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Bitcoin (BTC/USD) Pops Above $35k Before a Pullback, More Upside Ahead?

Bitcoin traded briefly above the $35k mark with gains of around 15% to start the week before a pullback. Is this just a lull before a bullish explosion toward the $50k mark?...
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  • October 25, 2023
  • Market News
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Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, EUR/AUD Setups Ahead of Inflation Data

Australian Economy has been showing signs of resilience with labor data remaining strong. Governor Bullock delivers hawkish message in first speech underpinning the AUD ahead of inflation data tomorrow. Let us take a look at potential trading setups...
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  • October 25, 2023
  • Market News
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Canadian Dollar’s Outlook Hinges on Bank of Canada. What to Expect for USD/CAD?

Bank of Canada is expected to keep interest rates unchanged at 5.0% on Wednesday, but the institution may issue a slightly less hawkish guidance, creating the right conditions for further USD/CAD’s strength....
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  • October 24, 2023
  • Market News
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Japanese Yen (USD/JPY) Latest – Will the BoJ Tweak Their Yield Curve Control Policy?

There’s a lot of heavyweight US economic data released over the next week ahead of the Bank of Japan meeting. Will traders continue to respect USD/JPY 150?...
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  • October 24, 2023
  • Market News
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Gold Price Outlook: Ease in Tensions Allows Momentary Calm

The facilitation of aid to the Gaza region has provided momentary calm for gold and silver markets, allowing prices to readjust. The ongoing war maintains the bullish bias...
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  • October 24, 2023
  • Market News
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Nasdaq 100 & S&P 500 Hold Support, while Nikkei 225 Remains Above the 200-day Moving Average

The selling has paused in indices for now, with the Nasdaq 100 and S&P 500 holding their September lows and the Nikkei 225 avoiding a close below the 200-day moving average....
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  • October 24, 2023
  • Market News
  • Comments : 0

Nasdaq 100 & S&P 500 Hold Support, while Nikkei 225 Remains Above the 200-day Moving Average

The selling has paused in indices for now, with the Nasdaq 100 and S&P 500 holding their September lows and the Nikkei 225 avoiding a close below the 200-day moving average....
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