High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Eurozone November PPI +1.6% vs +1.5% m/m expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Nasdaq 100 Futures (NQ) Analysis for Today
Nasdaq 100 Futures (NQ) Technical Analysis – January 8, 2025Current Price: 21,430Today's VWAP is apx at: 21,400Key Levels to Watch for NQ TodaySupport Levels:21,400: Yesterday's VWAP of 2 days ago along with today's VWAP is providing current support. A sustained drop...
Crude Oil Technical Analysis – Seems like the market made up its mind
Fundamental OverviewCrude oil has been ranging for months between the 67.00 support and the 72.00 resistance as the market continued to weigh the future scenarios. On one hand, we had the Trump’s victory which might have been seen as bearish for fear of the tariffs...
Gold Technical Analysis – We continue to trade in a range
Fundamental OverviewGold remains confined in a range as the market continues to wait for the US NFP and CPI reports. Yesterday it seemed like we could get a break above the 2660 resistance but eventually the price got smacked back down following the hot US Job...
European indices seen more tepid at the open today
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Here’s one ETHUSD technical analysis scenario that I’m keeping an eye on
ETHUSD analysis: RSI signals oversold conditions amid potential trading range formationEthereum (ETH) is at a critical juncture, with the ETHUSD pair reflecting key technical signals that traders and investors cannot ignore. On the 4-hour chart, the Relative Strength...
France November trade balance -€7.09 billion vs -€7.67 billion prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Germany November retail sales -0.6% vs +0.5% m/m expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Germany November industrial orders -5.4% vs 0.0% m/m expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Chinese yuan slide continues on the week
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Japan December consumer confidence 36.2 vs 36.4 prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ForexLive Asia-Pacific FX news wrap: AUD dipped after inflation data
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Chinese equities tumble as regulators announce new trade-in subsidies
Equities are heavy across the region following the softness on Wall Street on Tuesday. Chinese shares in particular are under the hammer. We had a press conference today from the State Planner, the National Development and Reform Commission (NDRC), People's Bank of...
Bank of England speakers Wednesday are addressing Prudential Regulation and Policy
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PBOC official promises to aid banks in lending money for trade-in initiatives
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China’s State Planner to expand the scope to implement two new policies
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Czech National Bank governor is considering buyin Bitcoin for future reserve strategy
The Czech National Bank, is the central bank and financial market supervisor in the Czech Republic.Governor Aleš Michl is reported as having considered Bitcoin as a potential diversification strategy for the country’s foreign exchange reserves, Via CNN Prima News...
Australian CPI data “raise the risk the RBA will begin its easing cycle earlier than May”
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Onshore yuan falls to its weakest since September 2023
CNY is China's onshore yuan. USD/CNY has hit its highest since September 2023:This comes despite People's Bank of China efforts to support the yuan, continuing today with a fix below 7.2 again:PBOC sets USD/ CNY mid-point today at 7.1887 (vs. estimate at...