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USD/CNH Surges Despite US Dollar Weakness as Fed Pressures PBOC

Posted by By 20/04/2022Posted inForex
The Chinese Yuan continued to weaken overnight as China's yield advantage evaporates versus the US as an aggressive Fed path pressures the PBOC. APAC traders are digesting New Zealand inflation…
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Dow Jones Outperforms Wall Street Peers as Netflix’s Collapse Drags Tech Shares

Posted by By 20/04/2022Posted inForex
The Dow Jones gains and outperforms its major peers on Wall Street as tech stocks sag amid negative sentiment in the wake of Netflix's historic plunge following its disappointing quarterly…
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Australian Dollar Technical Analysis: AUD/JPY, AUD/USD Rates Outlook

Posted by By 20/04/2022Posted inForex
AUD/JPY hits a fresh multi-year high, while AUD/USD has rebounded from former resistance.
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Has Gold Fully Priced Inflation? | trastytrade clips

Posted by By 20/04/2022Posted inForex
Thomas Westwater sat down with the tastytrade team to give some of his thoughts on Gold, it's future price action, and its potential to continue to rise amidst the war…
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GBP/USD Bounces Off Support, but Descending Triangle Pattern Signals Further Losses

Posted by By 20/04/2022Posted inForex
GBP/USD stages a moderate rebound on Wednesday, supported by broad-based weakness in the U.S. dollar, but the fundamental and technical outlook for the pair remains bearish.
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Crude Oil Price Forecast: Triangle Breakout Lacks Momentum – What's Next?

Posted by By 20/04/2022Posted inForex
Crude oil prices are back below their one-month moving average.
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Nasdaq 100 Remains Under Pressure as Netflix Craters; Tesla Earnings Eyed

Posted by By 20/04/2022Posted inForex
The Nasdaq 100 remains on the backfoot as traders digest Netflix's dismal quarterly results.
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European Stocks Play Catch Up – DAX, CAC & FTSE Technical Levels

Posted by By 20/04/2022Posted inForex
The Dax and CAC have ended in the green as European Equities gain confidence. FTSE remains in positive territory with muted price action.
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US Dollar Pullback Begins: EUR/USD, GBP/USD, AUD/USD, USD/JPY

Posted by By 20/04/2022Posted inForex
The US Dollar pullback has begun. But where will support show - and which major pairs are most enticing when plotting support plays in the USD?
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Dow Jones, Nasdaq 100, S&P 500 Technical Outlook

Posted by By 20/04/2022Posted inForex
U.S. stocks are trying to stabilize here and turn the corner higher; levels and lines to watch.
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