EUR/USD and GBP/USD battle with resistance despite continued USD weakness
EUR/USD and GBP/USD traders struggle for direction ahead of the latest data releases
10:27, 27 February 2024
Euro Stoxx 50 and DAX 40 push to all-time highs ahead of February CPI
European equities continue to push higher as risk appetite remains elevated ahead of the Euro Zone February CPI data.
11:57, 26 February 2024
WTI remains stuck as oil traders lack direction
West Texas Intermediate (WTI) continues to move sideways as traders lack the desire to move in either direction
12:24, 23 February 2024
USD weakness continues despite FOMC minutes highlighting a lack of desire to cut rates
EUR/USD and GBP/USD take advantage of a weaker dollar
14:03, 22 February 2024
FTSE 100 fails to keep the bullish momentum going, HSBC shares plunge after shocking Q4 earnings
FTSE pulls back from the recent bullish rally whilst HSBC shares plunge after weak earnings
11:22, 21 February 2024
Gold and Silver continue pushing higher despite fundamental weakness
Gold and Silver take advantage of a weaker dollar.
08:11, 21 February 2024
Arm Holdings: Exploring the Range After Explosive Rally
The recent exponential surge in the share price of chip maker Arm underscores the fevered speculation gripping the AI sector.
15:29, 20 February 2024
GBP/JPY’s Break & Retest Pattern
GBP/JPY’s recent price action has formed a bullish Break & Retest pattern – an underrated pattern which represents a structured way to navigate breakouts. Here’s the three key components of GBP/JPY’s Break & Retest pattern.
09:18, 20 February 2024
FTSE 100: Fibonacci Levels to Watch
The FTSE 100 has been locked in a well-defined trading range since last summer. The market has failed to break above the resistance zone on multiple occasions and we have also seen several swift bounces from the support zone (see chart below).
16:04, 16 February 2024
NVIDIA surge continues as investors flock to AI stocks – how much further can it go?
US equity indices took a tumble earlier this week after the latest CPI data showed prices had risen more than expected in January, pushing back the need for rate cuts from the Federal Reserve. But stocks have come back swinging with the S&P 500, US Tech 100 and Russell 2000 all resuming their bullish trends after a minor pullback.
15:45, 15 February 2024
