• November 18, 2022
  • Market News
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Gold Price Consolidates, Is a Bullish Flag Being Formed?

Gold remains in a tight range ahead of a holiday-shortened week in the US. Further consolidation may set up a bullish technical formation....
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  • November 18, 2022
  • Market News
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USD Forecast: Fed Speakers Stoking Volatility While DXY Consolidates

The U.S. dollar now looks to fundamental catalysts for short-term directional bias while technical analysis points to a fading bearish move on DXY....
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  • November 18, 2022
  • Market News
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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX....
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  • November 18, 2022
  • Market News
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GBP/USD Latest: Sterling Resolute After Fiscal Statement, UK Retail Sales

Cable weathered a volatile session after yesterday’s UK fiscal statement and trades marginally higher after the UK retail figures. Bullish continuation test at 1.2000...
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  • November 18, 2022
  • Market News
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Australian Dollar Filleted by Fed Speak as US Dollar Resumes Ascendency

The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Will a strong USD send AUD lower?...
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  • November 18, 2022
  • Market News
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Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus

Gold and crude oil prices fell on Thursday as UK fiscal tightening and US initial jobless claims data soured markets, boosting the US Dollar. What are key levels to watch ahead?...
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  • November 18, 2022
  • Market News
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USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction

Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 showed how a fundamental spark on a tight trading range can resolve. USDJPY may be in store for similar if market’s take Fed remarks seriously....
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  • November 18, 2022
  • Market News
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S&P 500 Holds Support, Builds Wedge Ahead of OpEx

The S&P 500 continues to operate within prior structure and tomorrow brings monthly options expiration which can spell more volatility....
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  • November 18, 2022
  • Market News
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Bitcoin, Ethereum, Litecoin Technical Outlook: BTC, ETH, LTC Levels

Bitcoin (BTC) has been trading sideways while Ethereum temporarily dips below $1200. As Litecoin gains over 5%, last week’s brutal sell-off has eased....
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  • November 17, 2022
  • Market News
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a helping hand. The big question for DXY is whether EUR/USD has topped....
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