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Markets
US Dollar Index Technical Analysis – 98.20 Fibonacci target
The US dollar index hit its highest trading level since July 2020 yesterday, following the sudden announcement that incumbent FED...
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NZDUSD Technical Analysis – Buying Opportunity Below 0.6900
The New Zealand dollar has dipped well below the 0.7000 level on the foreign exchange market against the US dollar,...
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DXY higher in response to President Biden’s announcement of Powell’s nomination for a second term
Market Wrap See real-time quotes provided by our partner. The US dollar index is rising on increasing bullish sentiment around...
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US equities buoyant as Fed chair nomination awaited
Market Update US and European equity markets are buoyant at the start of the new trading week, with E-mini S&P...
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The momentum in EURGBP should keep leading price action lower
Forex Analysis – EURGBP As a result of the announcement that Austria will become the first western European country to...
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Gold Technical Analysis – Gold and COVID-19
Gold struggled to gain upside traction last week, as bulls failed to build on the recent $200.00 price recovery from...
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EURUSD Technical Analysis – Bearish trend set to continue
The EURUSD pair had another very bearish week on the foreign exchange market, as traders continue to flock to the...
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Subdued start to the week ahead of key FOMC minutes and RBNZ rate decision
Morning Brief Global equity markets have started the trading week largely unchanged, although the Nikkei225 in Japan has started to...
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US dollar index closes higher for the 4th consecutive week
Market Wrap The ActivTrader sentiment indicator for the Brent oil contract shows that 90% of traders on the platform are...
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Risk off as Europe heads back into lockdown
Market Update Risk off is the name of the game on Friday. Stocks in Europe are on the back foot...
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