Stars Remain Aligned for Further Strength, Key WTI Levels

CRUDE OIL PRICE OUTLOOK Oil prices fall for the second day in a row, but the fundamental outlook remains constructive Geopolitical tensions in the Middle East continue to be supportive of some energy commodities This article looks at the key technical levels for oil to keep an eye on in the coming days Trade Smarter … ادامه

Japanese Yen Price Action Setups: USD/JPY, GBP/JPY Update

JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Yen Gets Temporaray Boost on Rumors of BoJ Increase in Inflationary Forecasts. BoJ Threats of Intervention are Starting to Become a Regular Occurrence. How Long Before it Loses its Shine? IG Client Sentiment Shows an Overwhelming Number of Traders are Currently Holding Short Positions. To Learn More About Price … ادامه

Italian Budget Sparks Concern Over Bond Spreads

Euro (EUR/USD, EUR/GBP) News and Analysis EU Bond Spreads on the Move as ECB Officials Call for ‘Fiscal Discipline’ Yesterday the Italian government approved a budget for 2024 that entails tax cuts, increased spending and plans to borrow to fill the gap, despite market concerns over the country’s indebtedness. In recent trading sessions investors have … ادامه

Gold (XAU/USD) Consolidates After Flight-to-Safety Surge, 200-dma Now in Play

Gold (XAU/USD) Analysis, Prices, and Charts Macro backdrop remains supportive for gold. The 200-day simple moving average is now in play. Recommended by Nick Cawley How to Trade Gold According to a range of media reports, US President Joe Biden and Israel’s government have agreed to a relief plan that ‘minimizes civilian casualties and enables … ادامه

​​​​Indices Moving Higher Despite Fears of Widening Middle East Conflict​​​​

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, and CAC 40 Analysis and Charts ​​​Dow targets 34,000 ​The index moved back above the 200-day simple moving average (SMA) on Monday, something that has eluded it since the second half of September. ​Monday’s session marked the revival of the move higher from … ادامه

Aussie Dollar Reacts Positively to RBA Minutes

AUD/USD ANALYSIS & TALKING POINTS RBA minutes and stronger iron ore prices back AUD. US retail sales and Fed speak the focal point for today’s session. AUD recovery cannot be labeled as a reversal just yet. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today … ادامه

UK Earnings Ease in August, Sterling Heads Lower

UK Average Earnings Moderate Slightly in August The UK’s Office for National Statistics released earnings data for the month of August, revealing lower than anticipated numbers. Three-month average earnings, a data point closely watched by the Bank of England as it can contribute to elevated prices and a wage price spiral, eased more than anticipated … ادامه

Has the US dollar Rally Hit Limits? DXY Index Fractals, Price Action

USD, US DOLLAR, DXY INDEX – Outlook: Market diversity appears to be running low in the DXY Index, suggesting overcrowding. Having said that, US exceptionalism is still intact. What is the outlook on the greenback and the signposts to watch? If you’re puzzled by trading losses, why not take a step in the right direction? … ادامه

Japanese Yen Poised for a Move as US Dollar Pivots Amid Rising Risks. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, JGB, Treasury Yields, Crude Oil, Powell – Talking Points USD/JPY eyes new highs with the US Dollar under scrutiny JGB yields have been outdone by Treasury yields ahead of Powell If the Israel – Hamas war expands, will USD/JPY resume rallying? Recommended by Daniel McCarthy Get Your Free JPY Forecast … ادامه

Is the Worst Over for Gold/Silver? XAU/USD, XAG/USD Price Setups

Gold, XAU/USD, Silver, XAG/USD – Outlook: Precious metals have soared on geopolitical concerns. Both gold and silver are testing major resistance. What is the outlook and what are the key levels to watch in XAU/USD and XAG/USD? Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful tips for the fourth … ادامه