• May 9, 2023
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EUR/USD Crumples as Bears Reload, USD/JPY Still Licking its Wounds

EUR/USD fell sharply on Tuesday, extending losses for the second day in a row amid cautious sentiment. Meanwhile, USD/JPY eked out a small gain, but lacked strong directional conviction....
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  • May 9, 2023
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S&P 500 Remains Vulnerable as Nasdaq 100 Hits New YTD High

The Nasdaq 100 Index enters bull market territory, up over 20% since the lows while the SPX remains under pressure below the 4200 level. SPX eyeing a return to the 4000 handle?...
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  • May 9, 2023
  • Market News
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Gold Price Latest – $2,000/oz. Support Stands Firm as US Inflation Reports Near

Gold traded all the way back down to $2,000/oz. on Friday after the latest US Jobs Report but bounced back quickly and is eyeing notable resistance around $2,050/oz....
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  • May 9, 2023
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GBP/USD Price Forecast: Anticipation Builds Around BoE Announcement

GBP/USD lingers near yearly swing highs but today’s Halifax house price index has dampened recent upside ahead of US CPI and the Bank of England (BoE)....
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  • May 9, 2023
  • Market News
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Crude Oil Maintains the Gains as Markets Await US CPI. Will WTI go Higher?

The crude oil price has stabilised so far on Tuesday after recovering from last week’s rout as soft Chinese data left markets pondering ahead of tomorrow’s US CPI. Where to for WTI?...
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  • May 9, 2023
  • Market News
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Gold Price Poised Ahead of US CPI as US Dollar Pauses. Higher XAU/USD?

Gold continues to consolidate today after dramatic price moves last week as the market focuses on US CPI tomorrow. If inflation fears are stoked, will XAU/USD go higher?...
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  • May 9, 2023
  • Market News
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Dow Jones, S&P 500 May Fall After Retail Traders Increased Upside Exposure of Late

The Dow Jones and S&P 500 may fall after it was shown that retail traders increased their upside exposure. How is the technical landscape shaping up amid this development?...
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  • May 9, 2023
  • Market News
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Gold Fends Off Attack on $2000, USD/CAD Sinks, GBP/USD on Cusp of Epic Breakout

Gold prices resume advance after Friday’s selloff. Elsewhere, USD/CAD extends drop and challenge its 2023 lows, while GBP/USD makes a move on a major trendline resistance....
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  • May 8, 2023
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US Dollar Slips Ahead of US CPI Data, Nasdaq 100 Stalls at Resistance as Bulls Bail

The U.S. dollar and Nasdaq 100 were subdued on Monday ahead of high-impact events later in the week, with traders focused on debt ceiling negotiations and the April U.S. inflation report....
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  • May 8, 2023
  • Market News
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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY. AUD/JPY

Yen retreats as safe haven appeal dissipates at the start of the week. The Yen to come under renewed selling pressure?...
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