• October 7, 2022
  • Market News
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Dax Bounce Softens After Testing Big Resistance – US NFP’s Ahead

European equities continue to face big zones of resistance that has limited the rebound in DAX. With US NFP data on the horizon, Germany 40 still has some tough levels ahead....
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  • October 6, 2022
  • Market News
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FTSE 100 Retreats as Sentiment Suffers on Fitch Downgrade and BoE Survey

The Index remains under pressure as a sustained break above the 7000 key level remains elusive....
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  • October 6, 2022
  • Market News
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S&P 500 Price Outlook: Evening Star Hints at a Bearish Continuation

After a phenomenal 2 day rise in US equites, the S&P 500 tests resistance while the emergence of a evening star hints at a bearish continuation ahead of NFP...
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  • October 6, 2022
  • Market News
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Euro Forecast: EUR/USD Driven Lower as Parity Wall Continues to Hold

The Euro is struggling against the US dollar as parity (1.0000) once again provides stout resistance for the pair...
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  • October 6, 2022
  • Market News
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British Pound Forecast: GBP/USD May Probe Higher Near-Term, Significant Headwinds Lie in Wait

The Pound remains under pressure as dollar bulls stage a comeback. Key technical levels and economic factors to keep markets on the edge....
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  • October 6, 2022
  • Market News
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Crude Oil Forecast: OPEC+ Supply Cut Outweighs USD Strength, Brent Bid

Brent crude oil trades higher this morning, backed by curtailed supply through to 2023 despite a stronger U.S. dollar....
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  • October 6, 2022
  • Market News
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US Dollar Gives up Some Ground After Fed Hawk Boost. Will the DXY Trend Higher?

The US Dollar drifted lower today but, still remains at elevated levels as the Fed have made it clear that inflation is enemy number one. If the Fed stays on track, will the uptrend continue?...
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  • October 6, 2022
  • Market News
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S&P 500 Rally Stalls and Dollar Stems the Bleeding, Now for Fundamentals

October trade was off to a roaring start until the speculative charge hit the skids this past session. We could try to connect the stumble to US data or Fed speculation, but the math doesn’t work out. More likely, seasonal positioning has worked through and now the markets are tuned back into tang...
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  • October 6, 2022
  • Market News
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Gold Price Outlook: Fed Speakers and NFP Report Eyed as XAU Takes Cues from Equity Market

Gold prices are modestly higher in Asia-Pacific trading after an overnight drop that halted a multi-day rally. Prices are trading at key technical levels ahead of Fed speakers and the US jobs report....
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  • October 6, 2022
  • Market News
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Euro Slides as US Dollar Regains the Upper Hand on a Consistently Hawkish Fed

The Euro backed away from parity again after US Dollar ascendency got back on track after the Federal Reserve got their message across loud and clear. Where to for EUR/USD?...
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