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AUD/USD stumbles on expectations for a Fed pivot after softer US inflation data
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Buoyant US Dollar was the main reason for the AUD/USD’s fall.
US inflation continues to cool down,…
Drops below 1.09 as double top forms, threatening to negate a triple bottom
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A triple bottom in the EUR/USD daily chart remains in play but at a brisk of being negated.…
Yen Looks Set for Gains in Q2
Japanese Yen Q1 RecapThe Japanese Yen has had an interesting Q1 to say the least with the Yen starting the quarter looking vulnerable against the Greenback. The US Federal Reserve looked set to continue on an aggressive hiking cycle while…
Crude Oil Prices Fall on Soft Fed Energy Report, Eyes on US Jobless Claims Next
Crude Oil, WTI, US Jobless Claims, Technical Analysis- Talking Points:Crude oil prices fell on Wednesday after softer Fed energy reportAn unexpected surge in US jobless claims remains a threat to WTIMeanwhile, the 4-hour chart reveals a…
Gold Prices Stick To Uptrend As Market Mulls US Rate Path
Gold Price, Chart, and AnalysisGold prices remain under $2000, but their uptrend is also clearMarkets are weighing up the chances of another US rate riseKey data releases are still due this week, which could give a steer
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Forex and Cryptocurrency Forecast for April 03 – 07, 2023 – Analytics & Forecasts…
EUR/USD: Why the Dollar Fell ● Last week passed without sharp jumps. The dollar continued to fall in price, and EUR/USD returned by March 30 to where it was traded seven days before. The local maximum was fixed at 1.0925, and…
European Stocks Soar Ahead of German Inflation
Dax 40 Talking PointsGerman Dax hits a daily high of 15,693 ahead of German inflation (Prel) printEuropean equities surge after China’s optimistic outlook eases recession fearsDax 40 recovers over 7% of March losses with bulls aiming to…
GBP/USD cable eases after mixed UK data
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GBP/USD Forecast: Pound Sterling could extend correction once below 1.2350
After having touched its…
EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI
EUR/USD OUTLOOK:EUR/USD rallies after German inflation numbers surprise to the upsideBroad-based U.S. dollar weakness and risk-on sentiment also boost the euroThis article looks at key technical levels to keep an eye on in the near term…
EVGO adds another 2% following 22% earnings surge
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EVgo reported revenue more than 36% above consensus.
EVGO stock jumped 22% on Thursday as up…