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Nasdaq 100 Blasts Higher as Meta’s Earnings Boost Tech, Apple in Focus Next Week

Posted by By 27/04/2023Posted inForex
The Nasdaq 100 rallies on Thursday as solid earnings from Meta Platforms boost sentiment on Wall Street, lifting tech stocks. Apple’s quarterly results will steal the limelight next week.
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GBP/USD Price Outlook: Cable Struggling for Bullish Continuation

Posted by By 27/04/2023Posted inForex
GBP/USD edged towards the recent peak but bullish momentum appears to be waning ahead of a period of high importance US data including PCE data and the FOMC meeting
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US Q1 Growth (GDP) Disappoints, US Dollar Nudges Higher Post-Release

Posted by By 27/04/2023Posted inForex
The US economy expanded by much less than expected in Q1 2023 while prices continue to rise, leaving the Fed with plenty to think about ahead of next week’s FOMC…
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Japanese Yen Price Action Setups: AUD/JPY, USD/JPY and EUR/JPY

Posted by By 27/04/2023Posted inForex
The re-emergence of US banking concerns and plenty of high impact data including US GDP, Fed and ECB rates meetings, warrants a closer look at the safe-haven currency
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Euro Latest: EUR/USD Stuck in a Holding Pattern Ahead of High Impact Data Releases

Posted by By 27/04/2023Posted inForex
EUR/USD volatility is likely to return shortly with a slew of high importance US and Euro Area data set for release over the next 36 hours.
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Gold Consolidates as US Dollar Takes A Breather Ahead of Key Data. Where to for XAU/USD?

Posted by By 27/04/2023Posted inForex
Gold continued to range trade today with the US Dollar poised ahead of GDP and inflation figures later today. If USD gets a bump, will gold see a breakout??
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Australian Dollar Price Action: AUD/USD, EUR/AUD, AUD/JPY, GBP/AUD

Posted by By 27/04/2023Posted inForex
The Australian dollar is beginning to look oversold as it approaches crucial support against some of its peers. What is the outlook for AUD/USD, EUR/AUD, AUD/JPY, and GBP/AUD?
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Crude Oil Sinks as Sentiment Waivers in the Face of Supportive Data. Lower WTI?

Posted by By 27/04/2023Posted inForex
Crude oil prices have pulled back to levels seen prior to OPEC+ lowering its output target and underlying market structures might be less supportive going forward. Where to for WTI?
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Dow Jones, S&P 500 Outlook: As Losses Mount, Retail Traders Become More Bullish

Posted by By 26/04/2023Posted inForex
Retail traders have been buying up the recent drop in the Dow Jones and S&P 500. From a contrarian standpoint, is this a sign that further losses might be in…
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S&P 500 Subdued Despite Microsoft’s Bullish Explosion, US First-Quarter GDP Eyed

Posted by By 26/04/2023Posted inForex
The S&P 500 fell on Wednesday, undermined by cautious market sentiment, with most sectors ending the day in positive territory but tech commanding strength thanks to Microsoft’s solid rally.
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