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Asia Day Ahead: Mixed Showing in Asia as Markets Digest NFLX, TSLA Earnings

Posted by By 20/07/2023Posted inForex
After-market earnings releases from Netflix and Tesla have brought about a mixed showing in US equity futures this morning.
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Australian Dollar Leaps on Hot Jobs Data Ahead of CPI. Where to for AUD/USD?

Posted by By 20/07/2023Posted inForex
The Australian Dollar jumped higher after employment data today revealed a re-tightening of the labour market that might put pressure on the RBA at its August meeting.
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US Dollar Outlook: GBP/USD May Fall as USD/CAD Rises Amid Changes in Retail Exposure

Posted by By 19/07/2023Posted inForex
Following a string of losses, the US Dollar has been stabilizing. In response, retail traders increased upside exposure in GBP/USD and boosted downside bets in USD/CAD. Is this a sign…
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Tesla and Netflix Report Mixed Earnings, Nasdaq 100 Futures Weaker After Hours

Posted by By 19/07/2023Posted inForex
Tesla and Netflix reported mixed earnings on Wednesday, weighing on sentiment and dragging Nasdaq 100 futures after hours
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EUR/USD Stuck Between Confluence Support and Fibonacci Resistance. Now What?

Posted by By 19/07/2023Posted inForex
The EUR/USD appears to have entered a consolidation phase after its recent rally, with prices stuck between support and resistance. A move out of the recent range would be needed…
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Nasdaq Price Outlook: US Stocks Buoyed Ahead Netflix, Tesla Earnings

Posted by By 19/07/2023Posted inForex
The tech-heavy Nasdaq index advances further, buoyed by positive earnings reports from major US banks and progress on inflation
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XAU/USD Price Forecast: Gold Seeks Fundamental Catalyst

Posted by By 19/07/2023Posted inForex
Gold prices show minimal movement heading into the US trading session.
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Dollar Index (DXY) Eyes Deeper Recovery with USD/CHF at 12-Year Lows

Posted by By 19/07/2023Posted inForex
The DXY looks for a deeper recovery ahead of next week’s FOMC meeting. Will talk of a ‘soft landing’ keep the US Dollar subdued moving forward?
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Australia Roundup: ASX 200 Rises on Weaker AUD, Iron Ore Reversal Potential

Posted by By 19/07/2023Posted inForex
The Australian dollar has pared back much of the recent gains when the dollar sold off aggressively. Positive earnings in the US underpin global risk appetite for now
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Japanese Yen Latest: GBP/JPY Slides Lower After UK CPI Miss

Posted by By 19/07/2023Posted inForex
The British Pound is weaker against the Japanese Yen after UK inflation came in below market expectations. The GBP/JPY chart is starting to look bearish.
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