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Forex

Ethereum (ETH) Continues to Outperform on Positive Merge News

Posted by By 12/08/2022Posted inForex
The final Ethereum testnet merge passed off without any problems yesterday, leaving the way clear for Ethereum to switch to proof-of-stake in mid-September.
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Gold Price Update: Signs of Exhaustion Appearing at Key 1800 Level

Posted by By 12/08/2022Posted inForex
Gold has failed to push on despite a weaker US dollar and continues to be limited by the psychological 1800 level.
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British Pound (GBP/USD) Shrugs Off Marginally Better UK Growth Data

Posted by By 12/08/2022Posted inForex
The UK economy contracted by 0.6% in June, beating a more pessimistic -1.3% market estimate, while a raft of industrial and manufacturing data also topped market expectations.
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US Dollar Delicately Climbs as Fed Re-Affirms Rate Hikes Post Data. Where to for DXY?

Posted by By 12/08/2022Posted inForex
The US Dollar clawed its way off recent lows in the aftermath of another soft inflation number, but still appears vulnerable despite hawkish Fed jawboning. New high for DXY?
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Why Most Traders Fail and How to Increase Trading Success

Posted by By 12/08/2022Posted inForex
Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.
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EUR/USD Rate Rally Responds to Former Support Zone

Posted by By 12/08/2022Posted inForex
EUR/USD appears to be responding to the former support zone around the May low (1.0349) as it fails to extend the series of higher highs and lows from earlier this…
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AUD/USD Targets 200-Day SMA as Copper and Coal Prices Surge Amid USD Pullback

Posted by By 11/08/2022Posted inForex
AUD/USD neared its 200-day SMA on supportive moves higher in copper, coal and iron ore prices. A weaker US Dollar and a worsening energy crisis in Europe provided another tailwind…
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USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA

Posted by By 11/08/2022Posted inForex
USD/JPY appears to be on track to test the monthly low (130.39) after struggling to push back above the 50-Day SMA (135.24).
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S&P 500 and Nasdaq 100 Lose Bullish Steam, but Rally May Still Have Legs to Run

Posted by By 11/08/2022Posted inForex
The S&P 500 and Nasdaq 100 record modest losses on Thursday, reversing a positive market open, as traders take profits on fears that the recent rally had gotten ahead of…
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US Stocks Break 2022 Downtrends – Setups for Nasdaq 100 & S&P 500

Posted by By 11/08/2022Posted inForex
Now more than +20% off their lows, a new bull market is taking shape for US equity markets.
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