British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been making upside progress against the US Dollar and Euro. With regards to GBP/USD, the past 3 trading sessions have produced a gain of about 0.9%. This is marking the best 3-day performance since the
S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: The S&P 500 index and the Nasdaq 100 index have rebounded from key support. Oversold conditions, light positioning, and positive seasonality raise the bar for a material downside from here ahead of the upcoming earnings season. What are the outlook and the key levels to watch in
© Reuters The euro continues to experience a downturn, primarily driven by the risk-off sentiment due to escalating conflicts in the Middle East. This has led investors to favor the dollar over the European currency, contributing to its weakening. The situation is further exacerbated by China’s disappointing Golden Week spending and a significant contraction in
Share: USD/CAD continues the losing streak due to the improved Crude oil prices The Mid-East tension persists; and contributes support for the oil prices. Investors downplay the likelihood of additional rate hikes following the dovish remarks made by Fed officials. USD/CAD continues the losing streak on the fourth successive session, trading lower around
In the world of forex trading, success hinges on accurate analysis and timely decision-making. To navigate the complex terrain of financial markets, traders often rely on various tools and indicators. One such indispensable tool is the Sideways Detector MT4 Indicator. In this article, we’ll delve into the details of this powerful indicator, exploring its features,
Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking Points The gold price has held the high ground going into Tuesday’s trading session Treasury yields appear to have rolled over after making new highs last week The US Dollar is under pressure despite global uncertainty. Will XAU/USD keep rallying? Recommended by
The US banking groups JPMorgan Chase, Citigroup and Wells Fargo are set to report their third quarter 2023 earnings before the market opens this Friday (13 October). S&P 500 and Dow Jones US Bank Index performance. Source: SPGlobal For 2023, the year-to-date performance of the S&P 500 remains above 10%, in contrast to the Dow
Morgan Stanley assessed the impact on oil markets from the brutal Hamas attack on Israel. said that as neither Israel nor its direct neighbours are large oil producers the near-term risk to oil supply is limited MS did add though something to watch out for: “However, that could change in case the conflict were to
The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC World
Gold (XAU/USD) Analysis, Prices, and Charts Middle East conflict boosts gold allure. Retail traders remain heavily long of gold. Download our Brand New Q4 Gold Guide for Free Recommended by Nick Cawley Get Your Free Gold Forecast Violence erupted in the Middle East over the weekend after Palestinian Islamist militant group Hamas attacked Israel with
