Latest Market News
What Are The Different Types of Forex Signals? What Are Forex Signals Forex signals are popular with novice traders to improve their success rate as well as they can make money while still learning about the markets and how to trade profitably. It is essential to know that Forex signals are beneficial and most effective […]
Fresh Fears For Crypto Traders Crypto markets are still awash with fear and panic today as the possibility of crypto exchange FTX collapsing ratcheted higher on news that Binance has walked away from a buyout. Amidst a huge exodus of capital and the more than 90% loss of value in its native token FTT, FTX […]
Oil Traders Increase Longs The latest CFTC COT institutional positioning report shows that oil traders increased their net long positions last week from 249k to 254k contracts. Despite the increase, upside bets are still just below their recent October peak around 259k and this week we’ve seen price action turning heavily lower, suggesting that next […]
• Gold broke key resistance level 1725.00 • Likely to rise to resistance level 1765.00 Gold recently broke the key resistance level 1725.00 (previous monthly high from September and October). The breakout of the resistance level 1725.00 was preceded by the breakout of the daily down channel from the start of May – which accelerated […]
Daily Market Outlook, November 10, 2022 “Crypto carnage contagion strikes global risk sentiment, the crypto space faces its own Lehman moment as FTX implodes from a $32 billion dollar enterprise to being valued at $1 all within 24hrs. Asian markets followed Wall Street's lead and leaked lower overnight ahead of today's critical US inflation data, […]
US CPI Up Next Today’s US CPI release will be the main attraction for markets, stealing attention back from the ongoing US midterms results. On the back of the latest .75% hike by the Fed in November, markets are now looking for signs that the Fed will slow the pace of hikes. Chairman Powell mentioned […]