Market analysis from easyMarkets
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
RBA has a key meeting today, will they join with the market and open up the 2022 rate hike possibility or continue to push back against the market and be patient waiting for 2023/2024
Chainlink is looking increasingly bullish after breaking above 17USD resistance. In addition, these re-tests have also been getting added support from the H4 20 EMA (exponential moving average) which is now below current price (bullish). Should Bitcoin continue hovering between the range of 37K USD to 40K USD, then Chainlink breakout levels place the next level...
The USD has surged to year highs above 97 on the index with EUR/USD falling sharply and USD/JPY moving higher with US interest rates. The USD is a little overbought so waiting for small dips and we playing the whole Dollar index rather than trying to pick a particular pair. A false break would require major risk on rally to move USD lower and perhaps some FED...
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
Microsoft's share price dropped more than 15% from the peak of $349.67/share meanwhile, major US equity markets are underperforming as NDQ is down 13.92%, SPI500 8.86% and DOW is 7.41%. This market-wide drawback is likely due to general market fear due to the potential of multiple Fed rate hikes in reaction to inflation the tension in Eastern Europe and the Middle...
Gold has been very choppy recently but the buyers are starting to win out in the daily time frame and dip buying off 1830 and $1810 for a revisit to $1870 makes sense as inflation fear globally underpin the precious metal. We buying dips because the direct rallies have had many pullbacks and also the FOMC next week is a big risk to USD sellers as they are...
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
Although we have had a choppy last few weeks we are still seeing higher lows and respect for the general recovery trade. 0.7150 important support area and ideally we turn above here. Targets on Topside is 0.7300 and 0.7500 if get extention. Stock markets in general going up will support this trade so any big risk off moves will set back the AUD but in the coming...
Ethereum prices have been climbing since the 11th of January after spending the beginning of ’22 shedding value. But a weakening dollar and general market sentiment likely fueled this rebound. We are looking for an emerging trend that will likely test the levels shown in the chart above. This almost contradicts Ethereum’s market cap which reached a stunning...
USD is under pressure after FED Chairman Powell Testifies yesterday, as market already predicted his hawkish tone. He believes that current surge in Omicron infections will not have long term impact, and US economy is healthy enough for some monetary stimulus withdrawal. source: www.reuters.com The recent cryptocurrency slip and an increase of the treasury...
The Nasdaq index slipped more than 1% on Monday as the tech sector comes under pressure. The Nasdaq Index last week posted its biggest one-week percentage decline since February. A few factors contributed to this, one of the biggest is the strong probability of one or more Fed rate hikes this year – making investors move to more economically sensitive markets. The...
Join easyMarkets Head FX Dealer TonyD. The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open.