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Forex

S&P 500, Nasdaq 100 Blast Higher Amid Healthy Earnings, Tesla’s Results in Focus

Posted by By 19/07/2022Posted inForex
U.S. stocks soar as traders take comfort in relatively healthy corporate earnings, momentarily overlooking growing economic headwinds. Tesla’s results to take the spotlight on Wednesday.
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AUD/USD Poised to Test 50-Day SMA After Clearing Opening Range for July

Posted by By 19/07/2022Posted inForex
AUD/USD appears to be on track to test the 50-Day SMA (0.6971) as the exchange rate clears the opening range for July.
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Crude Oil Price Forecast: Rebound from Support Gathers Pace – What’s Next?

Posted by By 19/07/2022Posted inForex
Crude oil prices are staging a technically important rally.
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Equities Push Higher as Risk Sustains Serious Bid – S&P 500 & DAX 40

Posted by By 19/07/2022Posted inForex
Equities soar as the US Dollar retreats. European markets buoyant ahead of ECB.
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Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Jun 09, 2022 when Germany 40 traded near 14,097.20.

Posted by By 19/07/2022Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.
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British Pound Technical Analysis: GBP/USD, GBP/JPY

Posted by By 19/07/2022Posted inForex
The British Pound is pushing for recovery against both the US Dollar and the Japanese Yen. Can Sterling bulls hold the bid long enough to allow a reversal to take-hold?
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Gold Price Technical Forecast: Gold Collapse Underway- Big Picture Levels

Posted by By 19/07/2022Posted inForex
Gold is within striking distance of the 2021 lows with a five-week plunge breaking multi-year uptrend support. Levels that matter on the weekly technical
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DAX, DOW and FTSE Move Higher Despite a Dent in Optimism

Posted by By 19/07/2022Posted inForex
Indices turn higher as corporate earnings season gets into full flow.
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USD Technical Analysis: Euro Parity Bounce Leading to Important First Test

Posted by By 19/07/2022Posted inForex
The DXY is coming off hard as the Euro bounces from around parity, this is leading to the first test of the countertrend move.
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South African Rand Price Forecast: ZAR Prepares For SA Inflation, SARB and PBOC Rate Decisions

Posted by By 19/07/2022Posted inForex
The rand has a big week ahead with the SA inflation and the SARB rate decision dominating headlines while USD/ZAR bears test R17/$.
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