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Recovers further from YTD low, eyes FOMC minutes for fresh impetus
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AUD/USD rebounds from a fresh YTD low touched on Wednesday amid a modest USD slide.
China’s…
Stock Indices Continue to Slide on China Growth Worries and Bank Downgrades
FTSE, DAX and S&P 500 News and AnalysisFTSE 100 slips despite UK inflation diminishingDAX 40 remains under pressureS&P 500 drops to new one-month low as Fitch joins Moody's with warning to banksWritten by IG Senior Analyst Axel…
FX Play of the Day: Is CAD/JPY Ready for a Reversal?
CAD/JPY just broke its short-term uptrend!
Does this mean that the pair is about to see a reversal?Take a look at the 15-minute chart and tell me what you think!
CAD/JPY 15-minute Forex Chart by TV
I don’t know if you’ve noticed but!--/sse-->!--sse-->…
Door open to further losses
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Open interest in gold futures markets extended the uptrend for yet another session on Tuesday, this…
UK Inflation Remains Sticky, September Hike Likely
POUND STERLING ANALYSIS & TALKING POINTSElevated inflation combined with higher average earnings making things tough for BoE.25bps hike in September an almost certainty!Descending triangle keeps bears hungry.
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Chart Art: Bullish Divergence on Brent Crude Oil (UKOIL) Prices
Brent crude oil prices are down to the bottom of a short-term rising channel.
Will we see a bounce or a break right here?
As you can see from the 4-hour chart below, the commodity price has formed higher lows and higher highs connected!--sse-->…
Further upside hinges on 0.8820 breakout, Fed Minutes
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USD/CHF edges higher past key support confluence as markets await FOMC Minutes.
Convergence of…
EUR/USD, EUR/AUD, EUR/GBP Price Setups
Euro Vs US Dollar, Australian Dollar, British Pound – Outlook:EUR/USD is nearing key support ahead of Euro area GDP and FOMC minutes.EUR/AUD is attempting to break above a vital ceiling; EUR/GBP is off highs.What is the outlook and the key…
RBNZ leaves interest rate unchanged at 5.50% in August, as expected
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Following the August monetary policy meeting, the Reserve Bank of New Zealand (RBNZ) board members…
S&P 500 Below 50-day MA, VIX up 11% as Market Caution Persists: S&P 500, NZD/USD, GBP/USD
Market Recap
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The pull-ahead in US retail sales yesterday provided some validation for soft landing hopes but also left room for rates to be kept…