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Starts

British Pound Latest – GBP/USD Starts the Week on a Positive Note

GBP/USD – Prices, Charts, and Analysis Cable eyes resistance at 1.2448. The US dollar gives back some of Friday’s NFP strength. US inflation data and the FOMC minutes are released on Wednesday. Recommended by Nick Cawley Get Your Free GBP Forecast The British Pound is gaining on the US dollar in early European turnover with …

British Pound Latest – GBP/USD Starts the Week on a Positive Note Read More »

EURUSD Starts 2023 Off with a Bang, But Does It the Start of Anything Grander?

EURUSD, S&P 500, VIX and Liquidity Talking Points: The Market Perspective: EURUSD Bearish Below 1.0550; USDJPY Bearish Below 132 After weeks of falling into an ever-constricting range, EURUSD finally forced a break on a Dollar-driven dive through 1.0580 The S&P 500 opened the new year with a -0.4 percent decline on an increase in volume …

EURUSD Starts 2023 Off with a Bang, But Does It the Start of Anything Grander? Read More »

DAX 40 Rallies Above Key 13000 Level as Risk-On Mood Starts the Week

Risk-On mood spills over into the new week. Market sentiment boosted as Ukraine make inroads into Russian held territory. Starts in: Live now: Sep 13 ( 02:09 GMT ) Recommended by Zain Vawda Weekly Commodities Trading Prep Register for webinar Join now Webinar has ended DAX 40: Rallies Above Key 13000 Level as Risk-On Mood …

DAX 40 Rallies Above Key 13000 Level as Risk-On Mood Starts the Week Read More »

Dow Jones Soars as Fed Blackout Period Starts, ASX 200 at Risk Due to China Economic Woes

Dow Jones, S&P 500, ASX 200, Australia Trade, China Lockdowns, Technical Analysis – Asia Pacific Indices Briefing Dow Jones, S&P 500 and Nasdaq 100 rally the most in about one month Traders might have repositioned themselves for the Fed blackout period ASX 200 may still struggle ahead due to the economic risks from China Recommended …

Dow Jones Soars as Fed Blackout Period Starts, ASX 200 at Risk Due to China Economic Woes Read More »

Euro Braces for Impact as the ECB Starts Rate Hike Cycle, Draghi Ponders Fate

EURO, ECB, DRAGHI, NORD STREAM 1, RUSSIA – Talking Points: Euro marks shallow gains as Russia reboots Nord Stream 1 gas pipeline Italian PM Draghi may resign after mass abstentions at confidence vote Hesitant ECB tone may drive Euro lower as the rate hike cycle starts The Euro enjoyed a shallow pop in Asia-Pacific trade …

Euro Braces for Impact as the ECB Starts Rate Hike Cycle, Draghi Ponders Fate Read More »

S&P 500 Under Pressure as Evening Star Formation Starts to Build

S&P 500 – Talking Points S&P 500 begins week on the backfoot, rallies above 3900 continue to fail Evening star on the daily chart paints ominous picture for S&P 500 The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX …

S&P 500 Under Pressure as Evening Star Formation Starts to Build Read More »

XAU/USD Breaks Lower, Will it Hold Before the Weekend Starts?

Gold, XAU/USD, US Dollar, Technical Analysis, IGCS – Talking Points: Gold prices extended losses over the past 24 hours as weekend nears The yellow metal is eyeing University of Michigan Sentiment ahead This is as XAU/USD broke under a key rising trendline from August Gold prices weakened over the past 24 hours, extending a downtrend …

XAU/USD Breaks Lower, Will it Hold Before the Weekend Starts? Read More »

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