Today's Forex Signals: Technical Analysis, November 23, 2023
Headlines Dollar Index Movement: The dollar index rose overnight, recovering from a 2-1/2 month low. This rise followed data showing a...
top of page
We provide educational content only and are not a broker. Trading forex carries risk.
NEWS & ANALYSIS
Search
FX Brief: Dollar Strengthens on U.S. Data, Major Pairs Retreat
Dollar Index (DXY) - Resilience Amidst Economic Signals Recent Performance: The Dollar Index (DXY), which measures the U.S. dollar's...
Postponed OPEC Meetings Sends WTI Crude Oil Down, Gold rebounds
The OPEC+ Riddle: A Delay Triggers Price Tumble 4% In the complex ballet of global oil markets, the recent postponement of the OPEC+...
End-of-Week Trade Analysis for USD/JPY
As we approach the close of the week, factoring in the Thanksgiving holiday, traders in the USD/JPY market must navigate with a blend of...
Today's Forex Signals: Technical Analysis, November 22, 2023
Dollar Dynamics: Stability observed in the dollar; key focus on its performance against major Forex pairs. Euro and Yen Movements: Euro...
Wednesday FX Briefing: Dollar Rebound?
Market Overview The S&P 500 (.SPX) broke its five-session winning streak, declining by 0.2%. Post-market close, Nvidia (NVDA.O) reported...
Gold Rush: XAU/USD Trading Update Points to Possible Record Highs
Fundamental Analysis: Gold has surged to over a two-week peak today, catalysed by a softening dollar amid market speculation that the...
Examining the Fluctuations of Oil Prices and Follow-the-Money Trading Signals
Oil prices have recently seen a retreat from a two-day climb as market participants reassess the upcoming OPEC+ meeting. The speculation...
Today's Forex Signals: Technical Analysis, November 21, 2023
Dollar Weakness: The dollar fell to an 11-week low, impacting Group-of-10 currency pairs. Implication: This could suggest bearish signals...
The Impact of the Weakening Dollar & Trends in the Forex Market
As 2023 approaches its finale, the financial landscape is undergoing substantial changes, with the Forex market being at the forefront of...
How Black Friday Influences Forex, Gold, and Oil Markets
Have you ever wondered why it's called 'Black Friday'?
Will OPEC+ Meeting and Weaker Dollar Push Oil Prices Higher?
Oil Prices Climb as OPEC+ Meeting Looms and Dollar Softens. Rising Anticipation for OPEC+ Decisions Oil markets have shown a resurgence,...
Today's Forex Signals: Technical Analysis, November 20, 2023
Global markets are experiencing a shift as the Federal Reserve's potential end to its tightening cycle spurs optimism, impacting stocks,...
Forex Currency Dynamics: Navigating Through Divergence
In the realm of global finance, understanding the nuances of currency movements is pivotal for traders and investors alike. The Forex...
The USD/JPY Shift: Is the Yen bounce short lived?
Brad Bechtel from Jefferies LLC encapsulates the sentiment as a broad strategy of "long anything, short yen."
Oil Enters Bear Market Amidst Supply Confidence
Oil prices have experienced a significant downturn, with West Texas Intermediate (WTI) crude trading near $73 a barrel, marking over a...
Intraday Forex Signals: Technical Analysis, November 17, 2023
"Alibaba's Decline Impacts Asian Markets; Oil Stabilises Amid Bearish Trends" Key Points: Alibaba Group's Setback: Alibaba's significant...
Gold Shines! Navigating the Upswing in XAU/USD Amidst Softening US Rates
As the tendrils of US rate hikes begin to loosen their grip, gold prices are catching a gleam of optimism, carving a path that beckons...
Bitcoin Bounces Back to 18-Month Highs: Trade the Momentum?
Bitcoin has demonstrated a strong comeback, reaching 18-month highs, an indicator of the market's bullish sentiment. Here's why trading...
WTI Crude Slides as U.S. Stockpiles Grow Amid China Demand Woes
Market Context: West Texas Intermediate (WTI) crude oil is a specific grade of crude oil and one of the most widely used benchmarks in...
bottom of page