Stock Indices Give Back Gains Ahead of Fed Chair Speech​​​

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​FTSE 100 on track for the first week of gains in a month ​The FTSE 100 is on track to end the week up for the first time in a month as UK GfK consumer confidence came in

Events to Look Out for Next Week

Inflation is coming down but while headline rates are dropping thanks to base effects, services price inflation in particular looks sticky. Still, there are now more signs that previous rate hikes are feeding through the system. And, with policy settings curtailing growth, September decisions remain wide open. Next week’s agenda is crucial as it includes

Gold (XAU/USD) Holds High Ground Despite the DXY Advance, Where to Next?

GOLD PRICE FORECAST: For Beginner Traders, Download Your Free Forex Guide Below Recommended by Zain Vawda Forex for Beginners MOST READ: USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A Temporary Blip? Gold prices may have fallen back slightly from a 2-week high but remains up around 1.31% at the time of writing and

Dollar marches to over two-month peak ahead of Powell speech By Reuters

© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar rose to a more than two-month peak on Friday, on course for its sixth straight week of gains, as investors sought its safety as they awaited a

Upward sloping profile for Krone in the coming months – Danske Bank

Share: August has marked a significant setback to NOK. Economists at Danske Bank analyze Krone’s outlook. Favouring the topside for the rest of this year The supply side of energy markets is tight. This has been an important pillar in our long-term bullish view on NOK. Meanwhile, with the global growth slowdown continuously

VWAP Pin Bar Rejection Bounce Forex Trading Strategy for MT5

There are certain indicators that can act as a significant dynamic support or resistance level. Price would typically bounce off the levels of such indicators as the market also respects these levels as support or resistance levels. This can either be a moving average line type of indicator, Bollinger Bands, Pivot Points, or other indicators

SPDR S&P Semiconductor, Nikkei 225, Silver

Foundational Trading Knowledge Macro Fundamentals Recommended by Jun Rong Yeap Market Recap Market participants piled back into tech stocks overnight, as a retreat in the US 10-year Treasury yields from its 16-year high eases some market anxiety for a high-for-longer rate outlook. Downside surprises in US flash purchasing managers index (PMI) numbers have reflected a

Here’s a $148K forecast for Bitcoin – Halving set up

A forecast for a much higher BTC price from ‘Panetra Capital’. “Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards,” “The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle.” Thus BTC should have