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S&p 500 price forecast: treasury yields peaking? spx taking strain
The S&P 500 index is trading at a critical juncture that could send prices in either direction as US Treasury yields push the limits......
Germany february final services pmi 50.9 vs 51.3 prelim
- Composite PMI 50.7 vs 51.1 prelim
A slight revision lower shows that Germany's services sector...
Usdcad loses steam within a trading range
USDCAD has been on the sidelines over the last four months as 1.3700 seems to be a real struggle for the bulls. In the near-term, the market is losing...
Gbpjpy hovers around 200-day sma after advance falters
GBPJPY has been steadily gaining ground after finding its feet at the 2023 low of 155.34. In the short-term, the latest rebound seems to have stalled ...
France february final services pmi 53.1 vs 52.8 prelim
- Composite PMI 51.7 vs 51.6 prelim
A slightly better revision, which just serves to reaffirm a ...
Eur/usd pair consolidating with resistance near 1.0615
The Euro started a fresh decline from the 1.0685 zone against the US Dollar. The EUR/USD pair traded below the 1.0655 level to move into a bearish zon...
Xag/usd: bearish wave x completion signals the beginning of a bullish wave z
XAGUSD suggests the formation of a global triple zigzag consisting of cycle waves w-x-y-x-z. On the current chart, we can see the internal structure o...
Italy february services pmi 51.6 vs 53.1 expected
- Prior 51.2
- Composite PMI 52.2
- Prior 51.2
The reading may be softer than estima...
Nasdaq 100 sees limited bounce
The Nasdaq 100 struggles over rising labour costs in the fourth quarter. On the daily chart, a fall below the SMAs has put the index on a corrective c...
Eur/gbp breaks resistance
The pound licks wounds after the BoE hinted at pausing its tightening. On the daily chart, a hammer in the 0.8770 demand zone indicates a rejection of...
Usd/jpy bounces back
The Japanese yen recouped some losses after a drop in the January unemployment rate. A relentless rally shows that the US dollar’s recovery is still...
Nzd/usd holds steady above 0.6200 mark amid weaker usd, lacks bullish conviction
NZD/USD regains some positive traction on Friday amid a modest USD weakness. The upbeat Chinese data undermines the safe-haven buck and lends some sup...
Future of 3d cad for manufacturing market by 2029: trends and predictions
The recently published 3D CAD for Manufacturing Market Report, spanning across 103 pages, provides a comprehensive … Read Full Story at source (may ...
Bitcoin weekly forecast: what’s next for btc after $65 million worth liquidations?
The sudden downswing pushed $65 million worth of both long and short positions to be liquidated. The bullish outlook could face extinction if BTC flip...
Fxwirepro: usd/jpy comatose below 200-dma, us services pmi in focus
USD/JPY was trading 0.34% lower on the day at 136.28 at around 08:20 GMT. Previous Weeks High/ Low: 136.51/ 133.91 Previous Sessions High/ Low: … Re...
Eur/usd making a corrective rally – resistance at 1.07 and 1.08
So far we can see a nice and strong decline on the EURUSD, which for now is still in the making and can be even deeper if current bounce from 1.0540 w...
The psychology of bitcoin investment: the fear, fomo, and greed cycle
Bitcoin, the world's first decentralized digital currency, has taken the financial world by storm since its creation in 2009. While some see it as ...
German exports rise in january on robust u.s. demand
By Maria Martinez BERLIN (Reuters) -German exports rose more than expected in January, increasing 2.1% on the month to bounce back from the prior mont...
Volvo cars’ sales rise 22% in february
COPENHAGEN (Reuters) -Sweden-based Volvo Car AB said on Friday sales grew 22% year-on-year in February to 51,286 cars helped by a 49% jump for its rec...
Italian police arrest sister of jailed top mafioso messina denaro
ROME (Reuters) – Rosalia Messina Denaro, the sister of Italy’s recently jailed top mafioso, was arrested on Friday on charges of associating with ...
Spain february services pmi 56.7 vs 54.3 expected
- Prior 52.7
That is a considerable strengthening in growth momentum for Spain's services sector...
Moscow exchange fx volumes fall 45% yoy in february 2023
The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 2.49 trillion. The numbers were almost 56% lower than Februar...
Eur/usd now faces some consolidation within 1.0530-1.0700 – uob
In the view of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, EUR/USD is expected to navigate within the 1.0530-1.0700 ran...
Dollar slightly on the backfoot to start the session
Dollar sentiment is very much tied to the bond market now as we look towards the closing stages of the week. 10...
Chart art: classic chart patterns on gold (xau/usd) and gbp/usd
Whether it’s a reversal or consolidation setup you’re looking for, I’ve got you covered with these chart formations on Cable and gold!......
Germany asks switzerland to sell it leopard ii tanks – paper
ZURICH (Reuters) – Germany has asked Switzerland to sell it some of its mothballed Leopard II tanks, Swiss newspaper Blick reported on Friday, a dea...
Market focus will be on us services ism
Markets EMU February CPI data logically summarized/confirmed evidence from national data. At 0.8% M/M and 8.5% Y/Y, EMU headline inflation ‘slowed�...
Xagusd bearish wave Ⓧ begins bullish wave Ⓩ
XAGUSD suggests the formation of a global triple zigzag consisting of cycle waves w-x-y-x-z. On the current chart, we can see the internal structure o...
The power of machine learning in trading: 5 trading paths where ml can be thrive
Machine learning (ML) has transformed the trading industry by enabling the creation of complex algorithms that may yield larger profits while minim...
European equities higher at the open today
- Eurostoxx +0.6%
- Germany DAX +0.7%
- France CAC 40 +0.5%
- UK FTSE +0.2%
- Spain IBEX +0.5%
...
Gold price forecast: xau/usd approaches $1,865 hurdle as key us catalysts loom – confluence detector
Gold price eyes the first weekly gain in five, has smooth road till $1,865 resistance confluence. Pullback in US Treasury bond yields, US Dollar join ...
Gbp/jpy daily outlook
Daily Pivots: (S1) 163.01; (P) 163.47; (R1) 163.87; More… Intraday bias in GBP/JPY stays neutral at this point, as consolidation from 165.99 is exte...
Italy's consob blacklists six new unregulated trading platforms
Italy's financial market regulator, known as Consob, ...
Eur/aud daily outlook
Daily Pivots: (S1) 1.5714; (P) 1.5770; (R1) 1.5801; More… Intraday bias in EUR/AUD is turned neutral again as it retreated after hitting 1.5826. Out...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9959; (P) 1.0001; (R1) 1.0027; More…. A temporary top was formed at 1.0040 with current retreat. Intraday bias is turned neutra...
