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XAG/USD drops to near $23 as US Dollar resumes upside journey
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Silver price drops sharply amid fears of more interest rates from the Fed.
The US Dollar Index…
EUR/USD Gets Some Respite, But Fed Speakers Add to Pressure
EURO TALKING POINTS & ANALYSISEUR/USD held steady in data-light sessions for Asia and EuropeIts downtrend from July remains very much in placeHawkish comments from US officials will continue to weigh
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Triplet – Trading Systems – 26 September 2023
Overview As its name suggests, Triplet is a grid trade (repeat system) EA that can trade 1 to 3 pairs at the same time. Risk diversification is possible by combining 3 pairs with low correlation (e.g. USDCHF / EURGBP / AUDNZD)…
Daily Forex News and Watchlist: USD/CHF
Today’s parade of lower-tier U.S. reports means we gotta pay closer attention to USD pairs!
What do you think of USD/CHF seeing a short-term retracement?
Before moving on, ICYMI, yesterday’s watchlist looked at NZD/USD’s previous…
Oil set to break below $88 if US Dollar keeps strengthening
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Oil (WTI) slides lower and starts flirting with first important support near $88.
The US Dollar…
Dow, Nasdaq 100 and Nikkei 225 turn lower
Written by Chris Beauchamp, Chief Market Analyst at IGDow still fighting to hold 200-day moving average
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The buyers came riding to the rescue on Monday,…
Play of the Day: Pullback Opportunity for NZD/USD
Concerns over a “higher for longer” interest rate environment have pushed USD higher and “risky” assets like NZD lower today.How low can NZD/USD go?
Lemme tell you all about the potential support zones that we’re eyeing:
NZD/USD!--/sse-->!--sse-->…
Recovers some lost ground below 1.3500, US CB Consumer Confidence eyed
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USD/CAD posts modest gains amid the USD demand and a decline in oil prices.
The pair holds below…
Implications for S&P 500 & Nasdaq
S&P 500 Index, SPX, Nasdaq Composite Index - Price Outlook:Only 18% of the members in the S&P 500 index are above their respective 20-day moving average.17% of the members in the Nasdaq Composite Index are trading with 14-day RSI…
KB Home price weakness is a signal to buy this cash machine
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Key points
KB Home's share prices decreased after reporting a solid quarter that points to…