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USD/JPY Battles a Fresh 24-Year High as the Japanese Yen Continues to Slump

Posted by By 11/10/2022Posted inForex
The Japanese Yen is pressing against an important 24-year resistance level against the US dollar, a level that last saw the BoJ in action. Will the Japanese central bank step…
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S&P 500 and NASDAQ COMPOSITE INDEX Technical Outlook: Looking Vulnerable

Posted by By 11/10/2022Posted inForex
The S&P 500 Index and the Nasdaq Composite Index are looking vulnerable as they test crucial support. What is the outlook and what are the levels to watch?
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British Pound Breaking News: UK Unemployment Hits Levels Last Seen in 1974, GBP Undeterred

Posted by By 11/10/2022Posted inForex
UK labor market surprises to the upside but the UK bond market selloff remains the focus for pound as GBP slides against the USD.
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KOSPI and NIFTY 50 Technical Outlook: Drifting Lower

Posted by By 11/10/2022Posted inForex
The KOSPI index has fallen below key support. Meanwhile, the NIFTY 50’s uptrend since June appears to be running out of steam. What is the outlook and what are the…
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Crude Oil Prices Look Past Russia-Ukraine Tensions as WTI Awaits US Inflation Report

Posted by By 11/10/2022Posted inForex
Crude oil prices fell on Monday despite Russia-Ukraine tensions escalating. Geopolitics remains a wildcard as WTI awaits Thursday’s US inflation report.
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Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range

Posted by By 11/10/2022Posted inForex
The price of gold may face a further decline over the coming days if it fails to defend the opening range for October.
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AUD/USD Breaks Lower as Global Sentiment Deteriorates on Geopolitical Tensions

Posted by By 10/10/2022Posted inForex
Asia-Pacific markets look ready to extend an overnight slide on Wall Street as market sentiment degraded amid rising geopolitical tensions.
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USD/JPY Rises for Fourth Day to Push RSI Towards Oversold Territory

Posted by By 10/10/2022Posted inForex
A move above 70 in the Relative Strength Index (RSI) is likely to be accompanied by a further appreciation in USD/JPY like the price action from last month.
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Nasdaq 100, S&P 500 and Dow Under Pressure Amid Fragile Sentiment

Posted by By 10/10/2022Posted inForex
Major U.S. stock indices end in negative territory as investors weigh gloomy economic outlook ahead of an important risk event later in the week.
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New Zealand Dollar Technical Analysis: NZD/JPY, NZD/USD Rates Outlook

Posted by By 10/10/2022Posted inForex
The New Zealand Dollar is approaching critical support, which if broken, points to more losses in the near-term.
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