• October 19, 2022
  • Market News
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EUR/USD Rate Rebounds Ahead of Yearly Low to Approach 50-Day SMA

EUR/USD appears to be on track to test the 50-Day SMA (0.9924) as it reverses course ahead of the yearly low (0.9536)....
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  • October 19, 2022
  • Market News
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Asia-Pacific Markets Look Higher After Dow Jones Gains as Chinese Yuan Underperforms

The Chinese Yuan weakened against the US Dollar despite a pullback in the DXY Index. Asia-Pacific markets look primed to gain after the second day of Wall Street gains amid a sparse economic docket....
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  • October 19, 2022
  • Market News
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AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Australia Employment

Fresh data prints coming out of Australia may prop up AUD/USD as employment is expected to increase for the second consecutive month....
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  • October 19, 2022
  • Market News
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Netflix Pops on Earnings Beat, Tesla’s Results Next. What Now for the S&P 500?

Netflix reported better-than-expected bottom-line results, sending the company’s stock higher in the extended session. Tesla’s earnings eyed on Wednesday for clues about the S&P 500 next moves....
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  • October 19, 2022
  • Market News
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Nasdaq 100 Pares Strong Overnight Gains Ahead of Key Earnings

The Nasdaq 100 continues to ease from session highs as traders eye upcoming tech earnings....
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  • October 19, 2022
  • Market News
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Bitcoin (BTC) Prices Trade Sideways – Is This Make or Break for BTC?

Bitcoin prices remain within the confines of a tight range formed by technical levels of prior moves. With equities gaining traction, can BTC/USD break this zone?...
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  • October 19, 2022
  • Market News
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Will Central Banks Spark a Global Recession?

Chief Strategist John Kicklighter and Senior Strategist Christopher Vecchio, CFA discuss inflation data due out this week....
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  • October 18, 2022
  • Market News
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Gold Prices Grind Support as XAU/USD Breakouts Brew

Gold prices reacted at resistance from 1680 last week but bears haven’t been able to break much fresh ground below 1650 just yet....
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  • October 18, 2022
  • Market News
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GBP Price Outlook: Sterling’s Recovery Falters as PM Apologizes for “Mistakes”

Cable recovers to pre-mini budget levels but longer-term bond yields still have some way to go. GBP/USD likely to oscillate as markets assess Truss’ possible removal...
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  • October 18, 2022
  • Market News
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Euro Breaking News: EUR/USD Bounces as ZEW Economic Sentiment Beats Estimates, Pessimism Remains

The sentiment in the Euro Area may have improved but current conditions hint that the economic downturn is now a reality....
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