DAX 30, FTSE 100 Technical Outlook Remains Overbought
The DAX 30 is strongly overbought as it nears its all-time high whilst the FTSE 100 sees stronger resistance Read More
British Pound (GBP) Update – Sterling Staring at a Make-or-Break Brexit Weekend
The European Parliament has set Sunday evening as the last moment for approving a Brexit deal this year, leaving both sides under increasing pressure. Read More
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Gold, Crude Oil Price Gains at Risk on US Shutdown and SMIC Blacklisting
Gold and crude oil prices climbed, though momentum faded as the risk of a US government shutdown loomed. The remaining 24 hours for precious metal and commodity prices may be choppy. Read More
Bitcoin, Ethereum Price Outlook: BTC/USD, ETH/USD Aims For Key Resistance
Bitcoin broke the $20,000 mark on Wednesday and subsequently rocketed over the 23,000 level before upside pressure abated. Ethereum now appears poised for higher highs following the crypto mania. Read More
ASX 200, Nikkei 225 Rally Taking a Pause Despite Record High in S&P 500
Asia-Pacific stock indices are set for a minor pullback despite a record session on Wall Street overnight. The Federal Reserve
Australian Dollar Outlook: Surging Iron Ore Prices Push AUD/USD Higher
The Australian Dollar broke above 0.7600 amid surging iron ore prices and a better-than-expected AU jobs report. Meanwhile, U.S. stimulus talks progressed amid record-breaking Covid figures. Read More
USD Price Outlook: US Dollar Free Fall Reignited by Dovish Fed
The US Dollar took a nosedive during Thursday’s trading session as global markets digested more dovish commentary from the Federal Reserve. Will USD price action slide further or is selling overdone? Read More
Gold Price Forecast: XAU/USD Jumps to Monthly High, Aims Higher
Gold lurched to a 4-week high following the December FOMC rate decision at which Fed Chairman Jerome Powell issued remarks that bolstered the precious metal
Oil Price Clears March High to Push RSI into Overbought Territory
Recent developments in the Relative Strength Index (RSI) point to higher crude oil prices as the indicator pushes into overbought territory for the first time since 2019. Read More