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Market Analysis

The Next Bitcoin Halving Event – What Does it Mean?
  • February 14, 2024

The Next Bitcoin Halving Event – What Does it Mean?

Bitcoin halving is a scheduled event that occurs approximately every four years, or after 210,000 blocks have been mined.

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Gold Sinks, Weighed Down by the Dollar and US Yields Post CPI
  • February 14, 2024

Gold Sinks, Weighed Down by the Dollar and US Yields Post CPI

Gold is still reeling after stubborn inflation in January sent US yields and the dollar higher. The precious metal eyes further levels of support including the 200 SMA

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British Pound (GBP) Update – UK Inflation Unchanged in January, Rate Cut Expectations Trimmed
  • February 14, 2024

British Pound (GBP) Update – UK Inflation Unchanged in January, Rate Cut Expectations Trimmed

UK inflation was unchanged in January but came in marginally below market forecasts as higher energy prices were offset by lower food and household costs

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Gold Price, Nasdaq 100, EUR/USD - What Comes Next After US CPI Data?
  • February 13, 2024

Gold Price, Nasdaq 100, EUR/USD - What Comes Next After US CPI Data?

This article provides an in-depth examination of the technical outlook for gold, the Nasdaq 100 and EUR/USD following January’s US inflation data, highlighting key price thresholds poised to act as support or resistance in the coming days.

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USD/JPY Forecast: Hot US Inflation Sparks Bullish Breakout, Key Levels Ahead
  • February 13, 2024

USD/JPY Forecast: Hot US Inflation Sparks Bullish Breakout, Key Levels Ahead

This article examines the technical and fundamental outlook for USD/JPY following the latest U.S. inflation report, discussing key levels that traders should watch in the coming days.

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Euro Price Outlook: Hot US CPI Weighs on the Euro
  • February 13, 2024

Euro Price Outlook: Hot US CPI Weighs on the Euro

US CPI proved hotter-than-expected, sending the euro lower. Technically, the euro has a few lifelines which challenge the longevity of recent dollar strength

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US Dollar Jumps on Stronger-Than-Expected Inflation Data, Gold Crumbles into Support
  • February 13, 2024

US Dollar Jumps on Stronger-Than-Expected Inflation Data, Gold Crumbles into Support

US inflation was reported higher-than-expected in January, sending US Treasury yields and the US dollar sharply higher.

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UK Jobs and Earnings Data Give the Pound a Boost – GBP/USD, GBP/JPY
  • February 13, 2024

UK Jobs and Earnings Data Give the Pound a Boost – GBP/USD, GBP/JPY

UK employment picked up in December, Tightening the unemployment rate to 3.8%. Earnings also surprised to the upside which helped spur on the pound

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US Dollar on Tenterhooks ahead of US CPI; Setups on Gold, USD/JPY & GBP/USD
  • February 12, 2024

US Dollar on Tenterhooks ahead of US CPI; Setups on Gold, USD/JPY & GBP/USD

This article examines the technical outlook for gold prices, USD/JPY and GBP/USD ahead the U.S. inflation report, examining possible scenarios that could play out over the coming days.

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EUR/USD Forecast: US Inflation Data to Drive Market Sentiment, Breakdown in Play
  • February 12, 2024

EUR/USD Forecast: US Inflation Data to Drive Market Sentiment, Breakdown in Play

This article examines the fundamental and technical outlook for EUR/USD ahead of Tuesday’s U.S. inflation data, analyzing potential scenarios that could unfold in the near term.

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