10-year Treasury yields fall towards key technical level

As we look towards the closing stages of the week, the main focus is on the bond market. And with yields slipping further in European trading, it is sparking some broader market moves. Of note, USD/JPY is now down 0.8% to 149.55 while stocks are beginning to pick up some steam on the session. S&P

Softer US Data Propels EURUSD Beyond Key Technical Level

Euro Analysis Markets price in the same amount of rate cuts for the ECB as they do in the US EUR/USD contemplating a reversal after surpassing the 200 SMA Risk events: US retail sales and central bank speakers The analysis in this article makes use of chart patterns and key support and resistance levels. For

GBP/USD drifting higher in thin Monday action as investors await key data

Share: The GBP/USD is seeing some minor lift ahead of Tuesday’s bumper data reading. An easy Monday to give way to a bumper economic calendar data docket. UK wages & labor, US CPI in the barrel. The GBP/USD climbed to a Monday high near 1.2280 as markets jockey for position ahead of Tuesday’s bumper

Pound Tentative as Key UK & US Data Looms

POUND STERLING ANALYSIS & TALKING POINTS All eyes shift to economic data to guide monetary policy forecasts. Fed and BoE speakers to come. GBP/USD holds above 1.22 within bear flag. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market

AUDUSD dips for 5th consecutive day, Testing key support levels

The AUDUSD is down for the 5th consecutive day. Recall on Friday last week, and then on Monday, the price of the AUDUSD was testing/moving above it’s key 100-day MA near 0.6515. The high price reached 0.65224, but ultimately stalled and started a run to the downside, leading to a move from 06522 to the

Oil Sell-off Intensifies, Seeing the Commodity Trade Below a Key Level

Oil (Brent Crude, WTI) Analysis US API crude inventory data posts sizeable rise, EIA data delayed to next week Oil sell-off sees the commodity (Brent) trading below the key 200 SMA WTI trading in a similar fashion with the 200 SMA holding as resistance The analysis in this article makes use of chart patterns and

$1950 Key Support Approaches as Bears Eye Further Downside

GOLD (XAU/USD) PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold prices are under renewed selling pressure today as hawkish comments from Fed policymakers reigned in the recent hopes that the Fed are done. Market participants had hoped that Fed Chair Powell might strike a different tone in his