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Nasdaq 100 Pulls Back as Investors Eye NATO Talks. Nikkei 225 May Retreat

Posted by By 24/03/2022Posted inForex
Wall Street stocks pulled back as EU and NATO leaders are gathering to discuss further Russian sanctions, which may derail diplomatic efforts to resolve the Ukraine crisis. Japanese stocks may…
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Crude Oil Price Outlook Hinges on OPEC Meeting

Posted by By 24/03/2022Posted inForex
The price of oil may continue to retrace the decline from the yearly high ($130.50) if OPEC sticks to the current production schedule at the next Ministerial Meeting on March…
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AUD/USD Glides Higher as Russian Pipeline Damage Boosts the Commodity Sector

Posted by By 23/03/2022Posted inForex
The Australian Dollar rose versus the Greenback despite market sentiment souring overnight. A damaged Russian pipeline saw oil surge, dragging other commodities higher to the benefit of AUD/USD.
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S&P 500, Dow Jones Forecast: Bulls Jump Ship and Threaten the Nascent Rebound

Posted by By 23/03/2022Posted inForex
The S&P 500 and the Dow Jones come under selling pressure as bulls begin to bail and appear to be taking profits after the strong rebound that started last week.
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How Predictive Are Prediction Markets?

Posted by By 23/03/2022Posted inForex
Luana Lopes Lara Kalshi’s co-founder discusses what she’s learned about the exchange’s forecasting power since it launched last summer
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Gold Price Reveres Ahead of 50-Day SMA as Post-Fed Rebound Persists

Posted by By 23/03/2022Posted inForex
The price of gold appears to be reversing ahead of the 50-Day SMA ($1882) as it retains the advance from the monthly low ($1895).
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Mexican Peso Outlook: USD/MXN May Extend Losses if Banxico Retains Hawkish Slant

Posted by By 23/03/2022Posted inForex
Banxico is expected to raise rates for the seventh consecutive time on Thursday. The move is priced in, so the bank's monetary policy guidance will be the main driver of…
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Australian Dollar Technical Analysis: AUD/USD Looks to 0.7500 After Printing 4-Month High

Posted by By 23/03/2022Posted inForex
The Australian Dollar remains on the front foot Wednesday after stretching to its highest level since early November.
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EU and UK Stocks Stall as DAX and FTSE Pullback From Resistance

Posted by By 23/03/2022Posted inForex
DAX and FTSE bulls lose steam as price action continues to test key technical levels. Stocks remain resilient despite heightened geopolitical risks.
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Germany 40 IG Client Sentiment: Our data shows traders are now net-long Germany 40 for the first time since Mar 15, 2022 11:00 GMT when Germany 40 traded near 13,987.30.

Posted by By 23/03/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bearish contrarian trading bias.
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