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Bitcoin Technical Outlook: Candlestick Patterns Suggest Bullish Continuation is Possible in Q2

Posted by By 01/04/2023Posted inForex
Bitcoin bulls have come back with vengeance after a disappointing 2022, resuming the uptrend from the first quarter of this year. After gaining approximately 70%, candlestick patterns suggest that bullish…
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Gold Fundamental Forecast: Gold Glowing into Q2 as Fed Peaks

Posted by By 31/03/2023Posted inForex
Gold prices ripped higher in Q1 as rate expectations eased and banks fell into financial distress. Will bulls continue to drive the safe-haven commodity in Q2?
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US Inflation Nudges Lower, US Dollar (DXY) Also Slips on Drifting Rate Expectations

Posted by By 31/03/2023Posted inForex
Price pressures in the US are abating, according to the latest BEA data, and this may change the Fed’s rate outlook in the weeks ahead.
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Gold Price Uptrend Looks Solid With $2000 Very Much In Play

Posted by By 31/03/2023Posted inForex
Gold prices are again close to $2000, a level they don’t usually spend very long above
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Euro Breaking News: Core Inflation Reaches New High, Validating ECB Hawks

Posted by By 31/03/2023Posted inForex
Despite a record drop in the headline measure of inflation, core inflation heads higher. Renewed expectations of ECB rate hikes and weak dollar sees EUR/USD eying 1.10
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Breaking UK News: UK Growth Revised Higher, GBP/USD Nears A Multi-Week High

Posted by By 31/03/2023Posted inForex
The UK economy grew by more than originally thought in the third and fourth quarters of 2022, avoiding a technical recession.
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S&P 500, Euro Stoxx 50, UK FTSE: Breadth Indicators Point to Further Rise in the Indices

Posted by By 31/03/2023Posted inForex
Improving market breadth points to further gains in the S&P 500, the UK FTSE 100, and the Euro Stoxx 50 in the coming weeks.
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Crude Oil Holds the High Ground as Mood Boosted by China PMI. Higher WTI?

Posted by By 31/03/2023Posted inForex
The crude oil price has had another stellar week with the markets buoyed by solid China PMI data and equity markets taking higher yields in their stride. Will the positive…
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Natural Gas Price Action: Due for a Rebound?

Posted by By 31/03/2023Posted inForex
Slowing downward momentum and stretched sentiment suggest the multi-month-long slide in natural gas prices could soon reverse. What are the signposts to watch?
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Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge

Posted by By 31/03/2023Posted inForex
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.
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