• October 11, 2022
  • Market News
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USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

A move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action from last month....
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  • October 11, 2022
  • Market News
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Nasdaq 100, S&P 500 and Dow Under Pressure Amid Fragile Sentiment

Major U.S. stock indices end in negative territory as investors weigh gloomy economic outlook ahead of an important risk event later in the week....
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  • October 11, 2022
  • Market News
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FX Week Ahead – Top 5 Events: UK GDP; FOMC Minutes; US Inflation Rate; China Inflation Rate; US Retail Sales

The coming week will feature growth and inflation data from several of the world’s major economies....
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  • October 11, 2022
  • Market News
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Gold Price Outlook Bearish on Strong US Dollar, Hawkish Fed; XAU/USD Eyes US CPI

Gold prices slump on Monday amid rising U.S. dollar and fears that the Federal Reserve will follow through on its plans to raise interest rates aggressively in the coming months...
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  • October 11, 2022
  • Market News
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S&P 500 Extends Slide as Traders Eye Economic Data, Bank Earnings

Stocks slide to start the week as bond futures point to soaring US Treasury yields....
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  • October 11, 2022
  • Market News
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Dax 40 Holds Ground as Energy Stocks Rise – Resistance Remains Key

Dax futures remain supported by energy stocks as bulls aim to clear critical resistance. With both Fibonacci levels and historical highs posing a threat for buyers, this week’s event risk could further assist with driving the short-term move....
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  • October 10, 2022
  • Market News
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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions....
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  • October 10, 2022
  • Market News
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AUD, NZD Outlook: Weak Chinese Data Weighs on Aussie and Kiwi Dollar

Weak Chinese data plagues AUD and NZD as the FED continues to hike aggressively. Proximity to China and higher US rates/USD weigh on the currencies...
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  • October 10, 2022
  • Market News
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Euro Forecast: EUR/USD Sinks Further, 20-Year Low Back in Play

The latest round of Russian missile strikes in Ukraine has driven risk-averse investors back into the arms of the US dollar, and that is sending EUR/USD ever lower....
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  • October 10, 2022
  • Market News
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Gold Outlook: XAU/USD Facing Strong Fundamental Headwinds, YTD Lows in Sight Once More

The precious metal has come under renewed pressure as it trades back below the key $1700 level. Will we see a new YTD low?...
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