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GBP/USD Flat Despite Positive UK Employment Data

Posted by By 13/12/2022Posted inForex
GBP/USD edged higher following the UK data release before paring gains to trade flat. All eyes turn to the US CPI release with the pair in need of a catalyst.
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Crude Oil Gains on Upbeat Mood Ahead of US CPI. Will WTI Continue to Climb?

Posted by By 13/12/2022Posted inForex
Crude oil benefitted from optimism that demand from China might escalate if they continue to open their economy. US CPI later today might move markets. Will WTI keep rallying?
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Gold Price Outlook Now Turns to CPI Data as XAU/USD Flirts With Wedge Breakout

Posted by By 13/12/2022Posted inForex
Gold prices fell ahead of key US CPI data due later on Tuesday. XAU/USD is flirting with breaking under a bearish Rising Wedge ahead of the data. Will it be…
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Japanese Yen at a Crossroads as Bearishness Fades in EUR/USD and EUR/JPY

Posted by By 13/12/2022Posted inForex
The Japanese Yen has resumed weakening against the US Dollar and Euro this week but USD/JPY and EUR/JPY have different setups. Will JPY be undermined further?
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VIX Surges Higher as S&P 500 Jumps In Pre-CPI and FOMC Risk Distortion

Posted by By 12/12/2022Posted inForex
Anxiety is rippling through the markets in advance of the heavy event risk ahead. While the FOMC rate decision may be the peak event – particularly for the US –…
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S&P 500 Technical Analysis: Falling Wedge into CPI, FOMC

Posted by By 12/12/2022Posted inForex
CPI releases over the past two months have been massive bullish drivers for the S&P 500 – will tomorrow be the same?
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Bitcoin Breakout Ahead? Crypto Traders May Want That TradFi Connection

Posted by By 12/12/2022Posted inForex
Bitcoin – like so many other traditional assets – has worked its way into remarkably narrow trading band. If this were a market truly untethered from normal capital assets, a…
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Silver Support Bounce into Fibonacci Resistance, Seven-Month-Highs

Posted by By 12/12/2022Posted inForex
Silver prices just set a fresh seven month high even as Gold prices are showing tendency of a turn.
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 12/12/2022Posted inForex
The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from the ECB and the Bank…
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S&P 500, Nasdaq, Dow Jones Outlook: Equities Cautious Ahead of US CPI

Posted by By 12/12/2022Posted inForex
US equity futures are struggling to break their narrow range as investors await key economic data that could drive volatility throughout the week. S&P 500, Nasdaq and Dow Stall.
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