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Market Analysis

Australian Dollar Price Action Setups: AUD/USD, GBP/AUD Post RBA Hike
  • November 7, 2023

Australian Dollar Price Action Setups: AUD/USD, GBP/AUD Post RBA Hike

The RBA followed through with a rate hike this morning and yet the Aussie Dollar weakened. Where to next for GBP/AUD and AUD/USD?

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US Dollar Setups: EUR/USD Defies Support After Pullback, USD/JPY Stands Tall
  • November 7, 2023

US Dollar Setups: EUR/USD Defies Support After Pullback, USD/JPY Stands Tall

This article analyzes EUR/USD and USD/JPY from a technical perspective, examining recent price action dynamics and important price levels that deserve attention in the short term.

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Bitcoin (BTC/USD) Forecast: Open Interest Surge to Ignite a Fresh Bout of Volatility?
  • November 7, 2023

Bitcoin (BTC/USD) Forecast: Open Interest Surge to Ignite a Fresh Bout of Volatility?

Bitcoins recent consolidation could be at an end as OI data suggests a surge in volatility may be on the horizon as whales continue to accumulate at an impressive rate.

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S&P 500 Price Outlook: Bullish Fatigue Allows Moment of Reflection
  • November 7, 2023

S&P 500 Price Outlook: Bullish Fatigue Allows Moment of Reflection

US stocks have soared over the last week, bolstered by the recent Fed meeting and softer jobs, economic data that has emerged and is likely to continue

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GBP/USD Slumps Back Below 1.2300 on Dovish BoE Rate Talk
  • November 7, 2023

GBP/USD Slumps Back Below 1.2300 on Dovish BoE Rate Talk

Huw Pill, the Bank of England’s chief economist, said that UK inflation is set to fall sharply in the coming months, sending the British Pound lower

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Gold Cools as Volatility Subsides, Oil Sinks on Grim Global Outlook
  • November 7, 2023

Gold Cools as Volatility Subsides, Oil Sinks on Grim Global Outlook

Gold eased lower as the metal recovers from overbought territory, a stronger US dollar as the commodity appears less sensitive to the conflict. Oil sinks to prior swing low

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Dow & Nasdaq 100 Hold Firm while Nikkei 225 Drops Back
  • November 7, 2023

Dow & Nasdaq 100 Hold Firm while Nikkei 225 Drops Back

Some indices have dropped back from their highs of last week, but US markets continue to hold firm.

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Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower
  • November 7, 2023

Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower

The Australian central bank increased its official borrowing rate by 25 basis points, in line with recent expectations

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Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound
  • November 6, 2023

Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound

This article focuses on the Nasdaq 100 and USD/JPY from a technical standpoint, analyzing major price levels that could act as support or resistance in the coming trading sessions.

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Oil Price Forecast: WTI Remains Vulnerable Below the 100-Day MA
  • November 6, 2023

Oil Price Forecast: WTI Remains Vulnerable Below the 100-Day MA

Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA

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