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US Dollar Weakens as Consumer Confidence Slumps Amid Heightened Recession Risks

Posted by By 25/10/2022Posted inForex
U.S. consumer confidence worsened in October after a brief two-month recovery, a sign that Americans are losing faith in the economy and may soon begin to curb spending more aggressively.
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EUR/USD Technical Analysis: Challenging Major Resistance Ahead of ECB

Posted by By 25/10/2022Posted inForex
The Euro is up against resistance via a sturdy channel structure as the ECB rolls around; a breakout could kick off an extended recovery, while a turn down keeps things…
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DAX 40 Slides Back from Psychological Resistance as FTSE Recovery Stalls

Posted by By 25/10/2022Posted inForex
Dax and FTSE are under pressure at critical resistance as technical levels from historical moves hold firm.
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AUD/USD Forecast: Austere Federal Budget Has Aussie on Offer

Posted by By 25/10/2022Posted inForex
The Australian dollar was unable to find support after the Labor Budget this morning as global external factors dictate price action.
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Quantitative Tightening: What is it and How Does it Work?

Posted by By 25/10/2022Posted inForex
Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks
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XAU/USD Likely to Remain Rangebound Ahead of the FOMC Meeting

Posted by By 25/10/2022Posted inForex
The precious metal found resistance yesterday as it looks devoid of a clear direction. Will the FOMC meeting provide a much-needed catalyst?
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Japanese Yen Latest: USD/JPY Consolidating, Further Volatility Ahead

Posted by By 25/10/2022Posted inForex
USD/JPY is trading in an extremely tight range after the wild swings of the last few days. Another bout of volatility is likely in the near term.
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4 Effective Trading Indicators Every Trader Should Know

Posted by By 25/10/2022Posted inForex
Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
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British Pound News: GBP Keenly Awaits Rishi Sunak Official Appointment and Address, Possible Cabinet Reshuffle on the Cards?

Posted by By 25/10/2022Posted inForex
GBP/USD is now testing key technical zones ahead of Rishi Sunak’s formal appointment this morning.
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Crude Oil Technical Outlook: Are Prices Stuck in an Extended Range?

Posted by By 25/10/2022Posted inForex
Crude oil’s failure to break past key resistance areas raises the risk of an extended sideway range. What are the key levels to watch?
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