UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas

Posted by Zain Oct 29, 2024 Share 0

UK Autumn Budget anticipation mounts as markets remain calm, unlike during the 'Trussonomics' er...

Gold (XAU/USD) Price Reclaims $2750/oz Amid Record $3 Billion Inflows into Gold Funds

Posted by Zain Oct 29, 2024 Share 0

Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massiv...

Nikkei 225: Bulls are still holding the line despite political uncertainty

Posted by Kelvin Oct 29, 2024 Share 0

Impending potential fiscal stimulus measures are supporting the recent two days of rallies seen ...

Brent Crude – Oil Prices Open $4 Lower After Limited Israeli Response, Where to Next?

Posted by Zain Oct 28, 2024 Share 0

Brent Crude oil prices opened lower due to renewed ceasefire hopes after a limited Israeli retal...

Nasdaq 100 Technical: Negative feedback loop from rising US Treasury yields may overshadow mega-cap earnings results

Posted by Kelvin Oct 28, 2024 Share 0

Five mega-cap technology stocks (Alphabet, Microsoft, Meta, Apple and Amazon) will report their ...

Markets Weekly Outlook – ‘Magnificent 7’ Earnings, BoJ Meeting and US Jobs Data

Posted by Zain Oct 25, 2024 Share 0

Markets are in a holding pattern as investors weigh risks and uncertainties ahead of a busy week...

USD/JPY Technical: 4-week of JPY persistent weakness led by political factors

Posted by Kelvin Oct 25, 2024 Share 0

The recent movement of the USD/JPY has been influenced primarily by political factors. The JP...

Navigating the Next Chapter: US Stock Market Outlook Amidst Economic Indicators and Global Risks

Posted by Moheb Oct 24, 2024 Share 0

The US stock markets have steadily climbed since the 2008 financial crisis, achieving a remarkable 7...

EUR/USD Update – Technicals Hint at Bounce but Acceptance Above 1.08 is Key

Posted by Zain Oct 24, 2024 Share 0

EUR/USD saw early gains on Thursday but fell as US PMI data exceeded expectations. Diverging ...

GBP/USD Technical: Bounce off Key Confluence Level Post PMI, Further Gains in Store?

Posted by Zain Oct 24, 2024 Share 0

GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The Bank of ...

AUD/CAD Technical: BoC jumbo cut of 50 bps may have already been fully priced in

Posted by Kelvin Oct 23, 2024 Share 0

The Canadian dollar has weakened against most major currencies (except against the JPY) in the p...

Gold (XAU/USD), Silver (XAG/USD) Print Fresh Highs as the DXY Eyes 105.00

Posted by Zain Oct 23, 2024 Share 0

Gold and Silver prices reach new highs amidst a rising US Dollar, driven by global uncertainties...

S&P 500, Nasdaq 100 – US Indices Eye Recovery as Earnings and Yields Weigh on Markets

Posted by Zain Oct 22, 2024 Share 0

Major US stock indexes are struggling due to a combination of factors, including US earnings rep...

Brent Crude – Oil Rises on China Rate Cuts but Middle East Uncertainty Lingers

Posted by Zain Oct 22, 2024 Share 0

Oil prices rose due to Chinese rate cuts and Middle East uncertainty. The IMF downgraded its ...

USD/CHF Technical Outlook: Pullback Before Continuation?

Posted by Zain Oct 21, 2024 Share 0

USD/CHF is showing potential for bullish continuation. The Swiss National Bank may welcome a ...

Markets Weekly Outlook – PMI Data and IMF Meeting Dominate the Agenda

Posted by Zain Oct 18, 2024 Share 0

Global markets are reacting to shifts in central bank policies, with the US dollar strengthening...

Gold (XAU/USD) Price Smashes Through $2700/oz – Further Gains Ahead?

Posted by Zain Oct 18, 2024 Share 0

Gold prices surged past $2700/oz fueled by expectations of global rate cuts and escalating geopo...

S&P 500, Nasdaq 100 – Wall Street Indexes Rise as TSMC Leads Chip Stock Rally, Where to Next?

Posted by Zain Oct 17, 2024 Share 0

Wall Street indexes rebounded from Tuesday's selloff, driven by strong earnings from TSMC and po...

EUR/USD Technical: Overstretched decline heading into ECB meeting

Posted by Kelvin Oct 17, 2024 Share 0

A 25bps cut by the ECB is likely to have been fully priced in. The current high expectation ...

GBP Price Action Ideas: GBP/USD, GBP/JPY and EUR/GBP

Posted by Zain Oct 16, 2024 Share 0

The GBP has been declining against the USD due to softer-than-expected UK economic data, leading...