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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar has bounced from support but the big question is whether bulls can continue the move, even with a stretched scenario in EUR/USD.
AUD/USD Outlook Mired by Failure to Push Back Above September Low
The recovery from the yearly low (0.6170) may end up being short-lived as AUD/USD struggles to push back above the September low (0.6363).
S&P 500, Dow and Nasdaq Fall Despite Strong Corporate Earnings
Major U.S. stock indices end in negative territory as investors weigh good corporate earnings, despite gloomy economic outlook, ahead of more interest rate hikes.
EURUSD Continues to Coil – Is a Big Move Imminent?
EURUSD continues to carve out a symmetrical triangle as traders await the next large move.
Buy the Rumor Sell the Fact, Explained
The concept of ‘buy the rumor, sell the fact’ is rooted in human psychology and understanding it can help traders avoid poorly timed entries
Canadian Dollar Gains but Remains in Tough Spot, USD/CAD Rejected at Key Support
The Canadian dollar strengthens moderately against the U.S. dollar, but its fundamental outlook remains challenging amid mounting headwinds for high-beta currencies.
FTSE 100 Outlook: UK Stocks Uncertain After UK Prime Minister Resigns
Prime Minister Liz Truss resignation initially enabled FTSE to move higher before moving back towards current resistance holding at 7,000. What’s next for FTSE 100?
DAX 40 Buoyed by Solid US Earnings Results Despite Pervasive Fed Hawkishness
The DAX 40 has climbed on diminishing energy woes and a generally upbeat market on the back of solid US earnings. If the Fed maintains its tightening, will the DAX make new highs?
Bitcoin Forecast: BTC/USD Resilience Holds as Consolidation Builds
Bitcoin (BTC) prices remain in a tight range despite earnings and Fedspeak schedule that remain at the forefront of risk sentiment. How long can BTC/USD hold this range?
British Pound (GBP) Breaking News: UK PM Liz Truss Resigns
UK Prime Minister Liz Truss has resigned after days of speculation that her role was untenable.
