GBP/USD Technical Outlook: Encouraging Signs For Bulls
GBP/USD’s rise above key resistance at the September high raises the odds that the worst could well be over. What are the key levels to watch?
S&P 500 and Dow Jones Industrial Average Technical Outlook: Rally to Pause?
The recent rally in the S&P 500 and the Dow Jones Industrial Average could be about to pause as they test crucial hurdles. What are the levels to watch?
Bitcoin (BTC), Ethereum (ETH) Prices Steady – FTX Contagion Spreads
Bitcoin and Ethereum managed to mute the sharp decline in prices as technical levels assisted in driving the weekly move. FTX contagion spreads to Genesis and Blockfi.
Australian Dollar Outlook: Caught in the US Dollar Vortex
The Australian Dollar was rag-dolled by US Dollar gyrations last week as data and geopolitics had markets running from pillar to post, second-guessing where the Fed is headed.
Expect S&P 500 and Dollar Volatility to Be Charged by Uneven Liquidity Next Week
The post-CPI swell in volatility seems to have settled and there is a known liquidity drain in the week ahead. While that may go a long way to capping any…
Gold and Silver Technical Forecast: Recent Gains at Risk as Price Action Hints at Further Downside
Gold and Silver have both enjoyed significant upside rallies of late. Both remain at risk of deep retracements in the week ahead with the dollar index likely to be key.
Oil – US Crude IG Client Sentiment: Our data shows traders are now at their most net-long Oil – US Crude since Sep 27 when Oil – US Crude traded near 77.23.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias.
British Pound Weekly Forecast: GBP/USD Repairing the Recent Damage
GBP/USD is eyeing 1.2000 again as a resilient Sterling and a weaker US dollar give the pair a lift
German Dax Hits Highest Level in 23-Weeks While UK FTSE Recovers
Dax and FTSE end the week in positive territory despite the ongoing hawkish narrative from central banks. As Dax bulls press higher, FTSE’s uptrend faces new hurdles.
EUR/USD Grasps for Support – Has the Euro Topped?
EUR/USD broke out aggressively last week but has since found congestion. Is this sign that EUR/USD bulls are done, with USD bulls set to re-take control?