• November 16, 2022
  • Market News
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Australian Dollar at Risk, Poland Says Russian-Made Missile Hit Border Area Near Ukraine

The Australian Dollar is testing a critical trendline breakout higher despite rising geopolitical tensions in Europe as Asia-Pacific markets are left on edge for Wednesday’s trading session....
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  • November 16, 2022
  • Market News
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USD/JPY Rate Susceptible to Another Oversold Reading in RSI

USD/JPY may struggle to retain the advance from the August low (130.39) as the Relative Strength Index (RSI) continues to flirt with oversold territory....
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  • November 16, 2022
  • Market News
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S&P 500 Rebounds but Reports that Russian Missiles Landed in Poland Cap Upside

The S&P 500 resumed its recovery on the back of weaker-than-expected PPI data, but finished the day off its best levels following reports that Russian missiles crossed into NATO member Poland....
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  • November 16, 2022
  • Market News
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EURUSD Cooling Off After Failing to Test 1.05

The Euro has cooled from session highs after failing to stretch to the 1.05 threshold....
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  • November 16, 2022
  • Market News
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Bitcoin (BTC), Ethereum (ETH) Upbeat Despite FTX Saga as PPI Falls

Bitcoin and Ethereum have temporarily escaped the drama of FTX as prices rise from recent lows. With a downside surprise in PPI, risk assets continue to rise....
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  • November 15, 2022
  • Market News
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S&P 500, Nasdaq, Dow Jones Breakout on Soft PPI, Resistance Overhead

A soft PPI report gave bulls hope on inflation trends as short-term breakouts in the S&P and Nasdaq continued. The Dow is working very near a spot of long-term resistance....
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  • November 15, 2022
  • Market News
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US Dollar Price Outlook: DXY Selloff Gains Momentum as Event Risk Slows

The dollar selloff continued this morning as scheduled event risk quietens down this week. Mass dollar repositioning and dovish rhetoric from the Fed eyes further declines...
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  • November 15, 2022
  • Market News
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Gold Price Rallies Further On US Dollar Weakness, Resistance Lies Ahead

Gold is heading back towards $1,800/oz, a level not seen in over three months as the sell-off in the US dollar continues....
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  • November 15, 2022
  • Market News
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EUR/USD Nudges Higher as Euro Area GDP Hits Estimates, Economic Sentiment Beats

Euro Area GDP expands at the slowest pace in 6 quarters with economic sentiment providing a much-needed surprise. Euro to remain bid for now....
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  • November 15, 2022
  • Market News
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What is a Short Squeeze and How to Trade It?

The short squeeze has surprised markets on many occasions. Learn more about what it is, its causes and the effects on traders....
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