USD/JPY Outlook Mired by Failure to Defend Monthly Opening Range
USD/JPY may face a further decline over the coming days as it fails to defend the opening range for November.
S&P 500 Rises for Third Straight Day ahead of Midterm Election Results, CPI Data Next
The S&P 500 rose for a third consecutive session amid positive sentiment on Wall Street, but the sell-off in the cryptocurrency space likely limited risk appetite
Crude Oil Price Forecast: Triangle Breakout Failing – What’s Next?
Crude oil prices briefly broke out of their consolidation before returning today.
Dow Jones (DJI) Soars, FTSE Indecisive while US Stocks Head Higher
US equities have continued to rise while FTSE lags. As the Dow Jones soars towards its highest level since 26 August. With midterms underway, can the index hold gains?
Gold Price Forecast: Gold Reversal Attempts Breakout of 2022 Downtrend
Gold is attempting to breakout of the yearly downtrend with XAU/USD rallying nearly 2% this week. Battle lines drawn- levels that matter on the weekly technical chart.
Nasdaq 100 Pushes Higher as US Markets Prepare for October CPI Data
The Nasdaq 100 index extended its recent advance beyond 11000 as traders look to major event risk later this week.
Binance Agrees to Acquire FTX, Bailing Out its Rival to Plug a Liquidity Hole
Cryptocurrency exchange Binance has signed a letter of intent to acquire rival FTX in an effort to help plug a liquidity hole
Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD
USD/CAD is testing a key spot of support as EUR/CAD attempts to set up a reversal.
South African Rand Dollar Outlook: USD/ZAR Recovers from Recent Slump
USD/ZAR has recovered from the recent slump as US Dollar weakness subsides. With emerging market currencies vulnerable to a strong greenback, technical resistance firms.
Bitcoin (BTC) Slumps as FTX and Binance Spat Hits Market Sentiment
Bitcoin lost around 5% overnight as a flare-up of hostilities between crypto giants FTX and Binance hammered market sentiment.