• October 27, 2022
  • Market News
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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets....
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  • October 27, 2022
  • Market News
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WTI Oil Rallies Buoyed by a Weaker Dollar and Soaring US Exports

WTI prices are looking to break back above the $90 a barrel mark. Will the price be able to maintain upside momentum or enter another consolidation phase?...
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  • October 27, 2022
  • Market News
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British Pound Latest: GBP/USD and EUR/GBP Eye US Data and ECB Meeting

The recent rally in the British Pound has slowed today as traders wait for the latest ECB policy decision and the first look at US Q3 GDP...
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  • October 27, 2022
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US Dollar Pummelled as ECB and Fed Rate Hikes Loom Amid Tech Frailties

The US Dollar ascendency has been broken as hopes are raised of an easing Federal Reserve hawkishness ahead of anticipated rate hikes by the ECB and the Fed. Will the DXY Index sink?...
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  • October 27, 2022
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Nasdaq and Dollar Drop on Different Drivers, Prepare for a Lot More Event Risk Ahead

We have closed out a volatile session stirred by FAANG earnings, a BOC rate hike surprise and growing fear over a recession. Looking ahead, we will hit upon similar themes but via more systemically important events....
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  • October 27, 2022
  • Market News
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Crude Oil Forecast: WTI Aims for October High as US Exports Surge Ahead of Russian Fuel Ban

WTI and Brent crude oil prices are little changed after US inventory data revealed record high exports. An upcoming Russian fuel ban by the EU is disrupting international flows and supply lines....
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  • October 27, 2022
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Euro Shoots Higher as US Dollar Drops Ahead of ECB Rate Decision. Where to for EUR/USD?

The Euro has rallied hard against the US Dollar as central bank policy moves are in focus with the ECB meeting today and the Federal Reserve next week. Will EUR/USD go higher?...
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  • October 27, 2022
  • Market News
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AUD/USD to Test 50-Day SMA on Break Above Monthly Opening Range

AUD/USD may attempt to test the 50-Day SMA (0.6593) if the exchange rate clears the opening range for October....
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  • October 27, 2022
  • Market News
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Chinese Yuan Sees Record One-Day Move on US Dollar Selling as Industrial Profits Near

The Chinese Yuan soared against the US Dollar as US stocks plummeted on weak tech earnings. Chinese industrial profits are in focus as Asia-Pacific traders look to take advantage of the weaker Greenback....
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  • October 27, 2022
  • Market News
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Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report

The price of gold may continue to retrace the decline from the monthly high ($1730) as it appears to be on track to test the 50-Day SMA ($1689)....
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