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Forex

Bitcoin (BTC/USD) Slides as the SEC Now Charges Coinbase After Indicting Binance on Monday

Posted by By 06/06/2023Posted inForex
The SEC is actively targeting cryptocurrency exchanges with Coinbase today joining Binance on the US regulators charge sheet.
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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, AUD/JPY

Posted by By 06/06/2023Posted inForex
The Yen has remained resilient of late despite the ongoing dovish Bank of Japan rhetoric. Is it down to optimism over policy shift or fear of intervention?
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Cable (GBP/USD) Settles into Consolidation Channel – Breakout Levels Analysed

Posted by By 06/06/2023Posted inForex
Cable trades within a broader consolidation channel, lacking a bullish catalyst while at the same time finding support via elevated interest rate expectations
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​​Dow and Nasdaq 100 Look to Move Higher but Hang Seng Struggles​

Posted by By 06/06/2023Posted inForex
​​After Friday’s bounce, some of the bullish momentum has faded, but the Nasdaq 100 continues to make headway. ​
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XAU/USD Price Forecast: Gold Tame in Low Vol Environment

Posted by By 06/06/2023Posted inForex
Gold prices managed to stay afloat above the $1950/oz level as the dollar gives back some of its recent gains.
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Australian Dollar Jumps as RBA Hikes; How Much More to Go For AUD/USD?

Posted by By 06/06/2023Posted inForex
The AUD jumped after the RBA surprisingly hiked interest rates by 25 basis points and said some further tightening may be required in its determination to return inflation to its…
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US Dollar Pauses as Cross Market Volatility Rolls Over. Will Markets be Data Dependent?

Posted by By 06/06/2023Posted inForex
The US Dollar recalibrated after data disappointed and may give the Federal Reserve room to skip a hike at their next gathering. Volatility has eased across markets. Will they spike…
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Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high

Posted by By 06/06/2023Posted inForex
A mixed showing in Wall Street eventually saw the Nasdaq pare its initial gains by the close, partly as optimism around Apple’s share price fizzled.
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Euro Technical Outlook – Trends Questioned as Ranges Emerge. Is EUR/USD Trapped?

Posted by By 06/06/2023Posted inForex
The Euro scoped a new low last week but has since consolidated against the US Dollar and it appears that are mixed messages when looking at the chart. Will the…
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Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day

Posted by By 05/06/2023Posted inForex
The Canadian Dollar brushed aside crude oil production cuts from Saudi Arabia as OPEC+ members struggled to reach a broader agreement, causing WTI to fill a 4% gap within 24…
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