Technicals Hint at Further Downside
GBP/USD Price, Chart and Analysis: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: US Dollar Soars as Rosy ADP Report Shapes High… Read More »Technicals Hint at Further Downside
Downside
Rising Wedge Breakdown Favors Downside
Brent Crude Oil Technical Analysis Brent crude oil breaks below the (bearish) rising wedge Upside momentum temporarily restricted at the 50 SMA IG client sentiment… Read More »Rising Wedge Breakdown Favors Downside
WTI Oil Eyeing Deeper Retracement, Downside Risks Remain in Play
KEY POINTS: Recommended by Zain Vawda Get Your Free Oil Forecast Most Read: Crude Oil Price Whipped Around on OPEC+ Production Speculation. Where to for… Read More »WTI Oil Eyeing Deeper Retracement, Downside Risks Remain in Play
Price Remains Below 100-Day MA Keeping Downside Risk in Play
KEY POINTS: USD/JPY Bounces as Markets Seek Dollar Safety on Increased Geopolitical Tensions. Japanese Data Continues to Disappoint Capping Yen Gains. 100-Day MA Remains a… Read More »Price Remains Below 100-Day MA Keeping Downside Risk in Play
USD/JPY Weakness Leaves 140.00 as the Next Downside Objective
USD/JPY Price and Chart Analysis Recommended by Nick Cawley Get Your Free JPY Forecast The US dollar fell sharply Thursday after the latest inflation report… Read More »USD/JPY Weakness Leaves 140.00 as the Next Downside Objective
Nasdaq 100, S&P 500, Dow Rally as US Inflation Surprises to the Downside
US Stock Market Key Points: • The S&P 500, Dow and Nasdaq 100 hit monthly highs after a softer-than-expected inflation report set a positive tone… Read More »Nasdaq 100, S&P 500, Dow Rally as US Inflation Surprises to the Downside
USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful
Japanese Yen, USD/JPY, Japan FX Reserves, BoJ, China, Technical Outlook – Talking Points Asia-Pacific markets aim to extend last week’s rally after US stocks surged… Read More »USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful
US Dollar Pushes Lower as JOLTS Report Offers Downside Surprise
US Job Openings, US Dollar, Federal Reserve – Talking Points August Job Openings: 10.053M vs. 10.775M estimate US Dollar continues to push lower, 110.60 support… Read More »US Dollar Pushes Lower as JOLTS Report Offers Downside Surprise
DAX 40 Rallies to Reclaim 12000 Level, Downside Potential Intact
The DAX Weekly Closed Below Major Support. German S&P PMI Final Actual 47.8 Vs Forecast 48.3. European Union Energy Ministers to Institute Windfall Tax on… Read More »DAX 40 Rallies to Reclaim 12000 Level, Downside Potential Intact
FTSE 100 Surrenders Early Gains as Downside Pressure Intensifies
The Blue-Chip Index continues to flirt with the 7000 key level, close below is key. Weaker Pound allows multinational companies to keep losses in check.… Read More »FTSE 100 Surrenders Early Gains as Downside Pressure Intensifies
Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons
Gold Price (XAU/USD), Chart, and Analysis US Treasury 2-year yields hit 4.25%. Support looks set to be tested again. Retail traders trim their long positions.… Read More »Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons
DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play
DAX 40: Index Finds Support at Session Lows Despite Uniper SE Nationalization. FTSE 100: Gains as Energy and Defense Stocks Rise. Trade Smarter – Sign… Read More »DAX and FTSE Eke Out Gains in the Face of Risk-Off Sentiment, Downside Risks in Play
NIFTY 50 and KOSPI Technical Outlook: Is there more downside?
KOSPI Composite Index, NIFTY 50 Index, South Korea, India – Technical Outlook: KOSPI is at risk of some more weakness. Nifty’s three-month-long uptrend could be… Read More »NIFTY 50 and KOSPI Technical Outlook: Is there more downside?
DAX, FTSE Open Marginally Higher, Technical Roadblocks and ECB Conference Provide Downside Risks
DAX 40:Recorded its Best Day in a Month, Flirting with 13000 Key Level. FTSE 100:Edges Higher as Caution Persists Around PM Truss’s Support Package Foundational… Read More »DAX, FTSE Open Marginally Higher, Technical Roadblocks and ECB Conference Provide Downside Risks
MACD Hints at Further Downside
Gold (XAU/USD) Analysis Gold drops through 1800 with ease, on the verge of testing 1700 Key technical levels for gold as the MACD hints at… Read More »MACD Hints at Further Downside
NFP Beat Sets Up GBP for Further Downside
POUND STERLING TALKING POINTS UK politics bring brief relief for GBP. Spotlight on UK GDP and U.S. CPI next week. Price action favors downside bias.… Read More »NFP Beat Sets Up GBP for Further Downside