• January 31, 2023
  • Market News
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USD/JPY Breaks Key Downtrend Line But Bulls Have Work to Do

USD/JPY is stuck on Fed-Watch but whether its recent gains can be consolidated is a big question...
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  • January 31, 2023
  • Market News
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Gold Slides Through Support as US Bond Yields Nudge Higher Ahead of the FOMC

US Treasury yields are inching higher ahead of Wednesday’s FOMC rate decision and this is weighing on the price of gold...
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  • January 31, 2023
  • Market News
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GBP/USD Retreats as the Fed and BoE Hog the Limelight

GBP/USD struggled to hold above the 1.24000 level as the DXY found some buyers ahead of the FOMC meeting. Could the central banks inspire a breakout after 10 days of rangebound trading?...
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  • January 31, 2023
  • Market News
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Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?

The Euro has backed away from last week’s peak against the US Dollar in anticipation of further tightening from the Federal Reserve tomorrow. Where to for EUR/USD?...
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  • January 31, 2023
  • Market News
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Australian Dollar Skips a Beat on Chinese PMI and Domestic Data. Where to for AUD/USD?

The Australian Dollar nudged a notch higher after firm Chinese PMI numbers, while local statistics showed an economy potentially losing steam. Will AUD/USD turn lower?...
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  • January 31, 2023
  • Market News
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S&P 500 and Dollar Volatility – But Unlikely Trend – Before FOMC Wednesday

A week of heavy event risk has started with some tentatively provocative moves from the major corners of the market. The S&P 500 and Nasdaq 100 reversed lower after last week’s extensions suggested bulls were in control. Meanwhile, the Dollar is probing a break from an extremely tight range. T...
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  • January 31, 2023
  • Market News
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Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA, Beware More Volatility

The markets are closing in on systemically important event risk and traders’ compasses are starting to go haywire. Tentative breakout and trend efforts are falling apart ahead of the Fed decision Wednesday, and few markets are more put out technically than Nasdaq 100....
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  • January 31, 2023
  • Market News
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Gold Price Outlook: XAU/USD Bulls Tamed by Psychological Resistance

Gold prices gapped higher on this week’s open, fueling bullish momentum. However, after retesting $1,950, prices have eased. What next for XAU/USD?...
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  • January 30, 2023
  • Market News
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EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead

A very busy week ahead with the latest ECB rate decision, Euro Area inflation, and growth data all hitting the screens in the next few days....
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  • January 30, 2023
  • Market News
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USD/JPY Hovers at Key 130.00 Level as Rangebound Trade Continues

USD/JPY continues to fluctuate between gains and losses as the dollar index remains vulnerable. Will the Fed meeting inspire some renewed dollar strength?...
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