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Bitcoin Technical Outlook: Down But Not Out

Posted by By 24/11/2022Posted inForex
That Bitcoin has not extend losses in the past two weeks could be an early sign that cryptocurrencies may are bottoming. What are the possible scenarios and the key signposts…
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Australian Dollar Soars as the US Dollar Sinks. Will AUD/USD Make a New Peak?

Posted by By 24/11/2022Posted inForex
The Australian Dollar was boosted by the US Dollar being undermined by Federal Reserve meeting minutes that were perceived as dovish by the market. Can AUD/USD rally further?
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GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Jan 14 when GBP/USD traded near 1.37.

Posted by By 23/11/2022Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
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S&P 500, Nasdaq 100 and Dow Jones Boosted by Weak US PMI’s

Posted by By 23/11/2022Posted inForex
US equities have rallied after weak US PMI's raised prospects of a softer Fed narrative. As the US prepares for Thanksgiving, thin liquidity and FOMC meetings could contribute to the…
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GBP/USD, GBP/JPY Rally to Resistance – Can Bulls Force the Breakout?

Posted by By 23/11/2022Posted inForex
The British Pound has shown strength so far this week and both GBP/USD and GBP/JPY sit below key resistance levels with the possibility of breakout.
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Gold’s Upside Potential Appears Limited Below $1750, FOMC Minutes Next

Posted by By 23/11/2022Posted inForex
Spot gold’s decline has been halted by a significant support area as it consolidates ahead of a batch of US data. Will it get the dose of volatility needed for…
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Euro (EUR) Latest: EUR/USD Treads Water Ahead of FOMC and US Data Releases

Posted by By 23/11/2022Posted inForex
EUR/USD is trading on either side of unchanged today ahead of some important data releases and the latest FOMC minutes.
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GBP Breaking News: UK PMI Reveals Fastest Drop in New Orders Since 2021

Posted by By 23/11/2022Posted inForex
The flash estimate for November PMIs showed worsening new orders from abroad which added to the contraction in the manufacturing sector. GBP rises after the release
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Euro Breaking News: EUR on Offer Despite EZ PMI Upside Surprise

Posted by By 23/11/2022Posted inForex
EUR/USD dismissed better than expected eurozone PMI data ahead of today’s high impact US economic data.
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Crude Oil Forecast: Brent Bid on API and OPEC+ Ahead of Key US Data

Posted by By 23/11/2022Posted inForex
Stacked economic calendar for brent crude oil could dictate short-term directional bias ahead of U.S. holidays.
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