What’s Next for the Highly Correlated Assets of Gold and DXY?
For much of the year, Gold (XAU/USD) has been inversely correlated with the US Dollar, […]
GBP/USD Retraces 50pc of Decline…
…time for a reality check? The GBP/USD has stormed higher in recent weeks thanks to […]
EUR/USD: Euro Keeps Firm Tone on Weaker Dollar, Improved Economic Data
The Euro extends higher in early Thursday as the risk sentiment was boosted by comments […]
Dollar Index: Dollar Under Fresh Pressure from Less Hawkish than Expected Powell
The dollar index stabilized in early European trading on Thursday, after a gap lower opening […]
AUDUSD Targets 200-SMA after Solid November
AUDUSD jumped into the 0.6800 territory early on Thursday after a remarkable session in November, […]
WTI Oil Futures Bounce Off 11-Month Low
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
Two Trades to Watch: DAX, USD/JPY
DAX rallies post-Federal Reserve Chair Jerome Powell’s speech After surging 8% across the month of […]
Elliott Wave View: FTSE Looking to End 5 Waves
Short term Elliott Wave View in FTSE suggests the rally from 10.13.2022 low is unfolding […]
UK 100 Breaks Major Resistance
Equities take off as investors price in lower peak US funds rates. The FTSE 100 […]
US Oil Tests Resistance
Oil prices find support from a large drawdown in US inventories. Sentiment remains cautious at […]
EUR/USD Regains Traction
The US dollar plunged after Fed Chairman Powell signalled a slowdown in rate hikes. A […]
Crude Oil Price Regains Strength, US GDP Revised Higher To 2.9%
Key Highlights Crude oil price started a fresh increase above the $78 resistance. It broke […]