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US Dollar Soars as Dow Jones Sinks on Hawkish Fed Comments. DXY Ready to Reverse?

Posted by By 29/11/2022Posted inForex
The US Dollar soared as the Dow Jones sank on Monday after Chinese lockdown protests and hawkish Fedspeak spooked traders. Is the DXY Dollar Index readying to reverse?
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Gold Bulls May Want to Watch US Rate Forecasts, Silver Traders Follow Gold

Posted by By 28/11/2022Posted inForex
Gold dropped to open the week – again reflecting the opposite performance of the US Dollar. If the strength of the fiat is stirred by Fed signaling this week, expect…
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S&P, Nasdaq, Dow Jones Tighten Ahead of a Busy Economic Calendar

Posted by By 28/11/2022Posted inForex
This week brings a heavy platter of event risk and equities started the week by consolidating deeper into recent ranges.
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DAX 40, FTSE 100, Dow Jones (DJI) Weighed Down by Risk Aversion

Posted by By 28/11/2022Posted inForex
Major stock indices are off to a rocky start as risk assets remain vulnerable to changes in sentiment. DAX, FTSE and DJI face big event risks as headwinds intensify.
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Can Germany’s Inflation Slow Down DAX’s Recovery?

Posted by By 28/11/2022Posted inForex
The DAX has been in the midst of a strong bullish run, but can buyers continue the move through German inflation data?
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Posted by By 28/11/2022Posted inForex
The US Dollar has opened the week with a support test, and EUR/USD has pulled back before a test of the 1.0500 level. GBP/USD is showing a rising wedge formation.
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Dollar Yen Outlook: USD/JPY Trades Lower as Dollar Gives Back Gains

Posted by By 28/11/2022Posted inForex
USD/JPY has fallen as China protestors drove demand for safe-haven assets. However, with Dollar strength losing traction, the Japanese Yen has gained.
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Technical vs Fundamental Analysis in Forex

Posted by By 28/11/2022Posted inForex
Is fundamental or technical analysis best for trading? Learn the differences between the two.
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British Pound Latest – GBP/USD Treads Water as US Data Deluge Nears

Posted by By 28/11/2022Posted inForex
GBP/USD is trading on either side of 1.2100 to start the week with the pair’s next move likely to be dictated by this week’s heavyweight US data releases.
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200 Day Moving Average: What it is and How it Works

Posted by By 28/11/2022Posted inForex
The 200 day moving average is widely used by traders to identify long term trends. Learn how to apply it when trading
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