GBP/USD Technical Analysis: At Significant Point of Interest on Chart
GBP/USD is up against a solid area of resistance in a downward sloping trend; a pivotal spot that could shape the outlook for the intermediate-term.
S&P 500 Technical Outlook Remains Bullish
The SPX is giving no reason yet to not expect higher prices into record territory.
Canadian Dollar Forecast: Inflation Beat, USD/CAD Continuing to Slide
CAD rate to remain on the frontfoot heading into Bank of Canada Meeting. CPI prints above estimates.
FANG Stocks Update: Netflix Earnings Buzz, Facebook Rebrand & Margin Woes
The grouping of tech giants, commonly known as ‘FANG’, soared to an all-time high yesterday on Netflix earnings hype and increased earnings optimism
How to Manage the Emotions of Trading
Controlling emotions while trading can prove to be the difference between success and failure.
EUR/USD Price Forecast – Limited Upside as US Treasury Yields Continue to Climb
The recent EUR/USD rally is looking under pressure as US Treasury yields near levels last seen over 18 months ago.
FTSE 100 Price Outlook: UK Stocks Well Placed to Advance Further
The FTSE 100 index of the major London-listed stocks is in a good position to follow Wall Street higher as an unexpected fall in UK inflation and earnings optimism outweigh…
Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?
The Japanese Yen weakened to its lowest level in 4 years as global yields and commodity prices hinder the currency. Can USD/JPY go higher?
UK Inflation: UK CPI Misses Expectations. How will the BoE React?
UK CPI (Sep) comes in at 2.9% vs the 3% forecast. GBP/USD plunges on the release of the report.
Gold Prices May Swing Lower on Fed Beige Book, CSX Earnings Report
Gold prices may swing lower if the Fed Beige Book survey and the third-quarter earnings report from freight giant CSX beckon swift action against inflationary pressure.