Markets got an extra dose of risk-on vibes thanks to yet another set of stimulus measures from China. Meanwhile, the Swiss National Bank (SNB) announced its third interest […]
Chart Art: EUR/JPY Reversal Pattern Forming
Has EUR/JPY reached the end of its trend? Check out this reversal chart pattern forming on the pair’s 4-hour time frame while price is inching closer to testing […]
Chart Art: S&P 500 Testing Its Rising Wedge Resistance
U.S. equity indices have been setting one record high after another these days! But is it time for a major pullback on the S&P 500 soon? Check out […]
FX Weekly Recap: September 23 – 27, 2024
The major currencies saw a lot of action as traders took their cues from central bank updates, China’s new stimulus measures, and closely watched data releases. Source link
Global Market Weekly Recap: September 23 – 27, 2024
It was another busy week for the major assets, which traded on major central bank updates and rising geopolitical tensions. Source link
Breaks out of range and follows through to the upside
AUD/USD breaks out of the top of a range and rallies. It has reached an initial bullish target and there is a risk it could soon pull back. […]
GBP/USD drops from yearly peak amid soft US Dollar
GBP/USD Price Forecast: Drops from yearly peak amid soft US Dollar The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak levels on […]
Did the NASDAQ100 put in a major top?
In our previous update from two weeks ago, when the NASDAQ100 (NDX) was trading at $19000, we found that “contingent on holding above last week’s low, we should […]
Dow Jones Industrial Average climbs into record high after PCE inflation
The Dow Jones climbed into another fresh peak after PCE inflation print. Headline PCE inflation eased closer to Fed targets in August. Coming up next week: PMI activity […]
Canadian Dollar recedes on Friday despite uptick in GDP
The Canadian Dollar fell across the board on Friday. Canada saw a higher-then-expected GDP print from July. US PCE inflation data dominated Friday’s headlines. The Canadian Dollar (CAD) […]