• January 27, 2023
  • Market News
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GBP Price Outlook: Cable Coils into Narrow Range Ahead of Blockbuster Week

GBP/USD has attempted to trade above the 1.2445 level on a number of occasions now without success and has consolidated into a narrow range. FOMC and BoE next week...
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  • January 27, 2023
  • Market News
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EUR/USD Forecast: ECB’s Lagarde and U.S. Data in Focus for Euro Today, Turnaround Looming?

EUR/USD bears may look to capitalize on any U.S. positivity on what has been an overcrowded bullish sentiment of recent....
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  • January 27, 2023
  • Market News
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Japanese Yen (USD/JPY) Trapped in a Narrow Range Ahead of US Core PCE

Inflation in Japan’s capital Tokyo continued to climb, data showed last night, underpinning the Yen ahead of the release of the Federal Reserve’s preferred measure of US inflation, core PCE...
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  • January 27, 2023
  • Market News
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Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100

The Australian Dollar may rise if Asia-Pacific markets follow the rosy lead set on Wall Street as US GDP data sent the Dow Jones, S&P 500 and Nasdaq 100 higher....
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  • January 27, 2023
  • Market News
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Dollar Extends Pressurized Range, Stocks Attempt to Rally the Bulls, The Real Event Risk is Next Week

Was the better-than-expected US 4Q GDP reading this past session a further tipping point for the bulls? The S&P 500 and Nasdaq 100’s technical response this past session seems to insinuate a groundswell is forming. Yet, the Dollar’s extreme reticence may be a better picture of the financial ...
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  • January 27, 2023
  • Market News
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Dow Index’s 5-Day Advance Still a Range and Nasdaq 100 Overtakes the 200 SMA

After a significant level of intraday volatility, the major US indices managed to close firmly in the green Thursday. And yet, the backdrop of the market continues to undermine enthusiasm for developing technical moves into genuine momentum. For the Dow’s range, that seems fitting but the Nasdaq 1...
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  • January 27, 2023
  • Market News
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Gold Price Forecast: GC 1923 Still in Play – Can Bulls Tag 2k?

The bullish trend in Gold continues to hold even as bulls have begun to face a bit of turbulence around the prior ATH of 1923....
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  • January 27, 2023
  • Market News
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Rand Dollar Outlook: USD/ZAR Shakes Off Dovish SARB & Positive US GDP

The South African Rand has fallen back into a narrow range after the Reserve bank cut growth forecasts and raised rates by a softer 0.25%....
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  • January 26, 2023
  • Market News
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US Breaking News: Q4 GDP Surges to 2.9% on the Quarter, USD Dips

GDP continues to show the US economy’s resilience despite warnings of a growth slowdown. Even the employment data showed positive signs in an already tight market...
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  • January 26, 2023
  • Market News
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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading...
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