Bank of America’s chief strategist, Michael Hartnett, has been busy since Friday, when he wrote in a note to clients that investors piled US$40 billion into equities over the past two weeks, which has helped the S&P500 to its best monthly performance, so far, since July 2022. He noted, though that signs of caution have
Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European session,
AUD/USD ANALYSIS & TALKING POINTS Moderating US jobs data bolster AUD but one eye on NFP tomorrow. US jobless claims and Fed speak the focus for today. Bullish divergence on daily chart a hopeful sign for AUD bulls. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is
US Dollar Vs Euro, British Pound, Japanese Yen – Price Setups: Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Developments on the technical charts indicate that the US dollar’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. However, there are no signs
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices aiming for 2nd weekly gain Retail traders continue to become bearish But, technical signals offer reversal signs Recommended by Daniel Dubrovsky Get Your Free Oil Forecast WTI crude oil prices are aiming for a second consecutive weekly gain so far.
UK and Euro Area PMI cast a shadow as recession talk returns. Todays data also adds an interesting dynamic to the ECB policy moving forward as price pressures appear to be rearing their ugly head once more. Was this enough for the ECB to pause in September? لینک منبع : هوشمند نیوز
The strong US data in the past months and the quick rise in Treasury yields and the US Dollar weighed a lot on Gold, which threatened at some point a complete breakdown. Recently, we started to see a turnaround in the data beginning with the miss in the US PMIs last week and the big
Share: WTI increased more than 1% on Friday and found resistance near $81.30, above the 20-day SMA. US Oil and natural rigs decreased for the sixth week in a row. The USD trading neutral allowed the black gold to gain traction. Chinese financial woes may limit the WTI’s upwards momentum. At the end
Japanese Yen, USD/JPY, Fading Momentum – Technical Update: The Japanese Yen continues to weaken against the US Dollar Daily and 4-hour timeframes show signs of fading momentum Still, it will take much to overturn the USD/JPY bullish bias Recommended by Daniel Dubrovsky What is the outlook for the Japanese Yen? The Japanese Yen continues to
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts FTSE 100 drops sharply Friday’s losses have continued into a new week, with the index testing 7500 in early trading this morning. After failing to hold above 7600, a new bearish view appears to prevail. This will be
