• January 5, 2023
  • Market News
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SPX 500, Nasdaq Uncertain Ahead of FOMC Minutes – ISM Falls

S&P 500 and Nasdaq futures have remained under pressure ahead of FOMC minutes. While recession rate expectations continue to drive sentiment, stocks remain vulnerable....
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  • January 4, 2023
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British Pound Forecast: Will ISM and FOMC Facilitate GBP/USD Breakout?

GBP/USD trades at a key area of confluence ahead of U.S. economic data....
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  • January 4, 2023
  • Market News
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Brent Crude Technical Update: Rising Wedge Breakdown Favors Downside

A potential two-day decline in oil prices hints at a bearish continuation if the latest break below the rising channel holds at the close...
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  • January 4, 2023
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Gold Price (XAU/USD) Hits a Fresh Six-Month High Ahead of the FOMC Minutes

The precious metal has made a robust start to the year but the latest FOMC minutes out later today may stall the move....
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  • January 4, 2023
  • Market News
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Euro Breaking News: EURUSD Bid as PMI Data Continues to Improve

Euro Area PMI data remains in contraction territory but displays positive signs as downturn eases and prices cool. Could this be the start of a larger a trend?...
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  • January 4, 2023
  • Market News
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Crude Oil Slips as US Dollar Rallies Amid Recession Fears. Will WTI Push Lower?

Crude oil prices remain under pressure as concerns mount about global growth prospects that initially saw the US Dollar climb before easing today. Will a recession push WTI lower?...
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  • January 4, 2023
  • Market News
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Gold Forecast: XAU/USD New Year Rally Turns to ISM Data as Treasury Yields Dip

Gold prices rallied to start 2023 as the 10-year Treasury yield sank. Ahead, XAU/USD is eyeing ISM Manufacturing data after optimism during Wednesday’s Asia trading session....
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  • January 4, 2023
  • Market News
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Australian Dollar Hit by US Dollar Demand Ahead of Fed Minutes. Will AUD/USD Recover?

The Australian Dollar tanked alongside other currencies as the US Dollar galloped higher, spurred on by the prospect of what the Fed meeting minutes might reveal. Where to for AUD/USD?...
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  • January 4, 2023
  • Market News
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EURUSD Starts 2023 Off with a Bang, But Does It the Start of Anything Grander?

We have called to a close the first full trading day of the New Year. There was plenty of volatility to point to, but is there a signal to accompany the incredible noise of breakouts like that seen from EURUSD?...
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  • January 4, 2023
  • Market News
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SPX Since the Top: A Year on the Charts

S&P 500 futures set their current all-time-high a year ago, on January 4th. And since then it’s lost about 20%, but there’s been a lot of swings along the way....
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