On the first Friday of the month the U.S. Non-Farm Payroll is announced, an exciting event that can have market-wide implications. Many currencies and commodities are pegged to USD, so surprises can cause a ripple effect across markets.
WTI is recovering had a huge selloff in response to the Omicron Variant of Covid leading to many countries shutting down travel and concerns it will be another wave.
OOPEC has to consider we are now nearly $20 a barrel lower so my attempt to stabilize by lowering outpot and cancelling and plans for increasing production. Also any good news on how deadly and...
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. Head FX Dealer TonyD
Cryptos are one of the most active and exciting markets in recent history. Join easyMarkets Crypto head Griffin Treloar as he gives his thoughts on the current market.
The recent pullback in global stock markets on Omicron Variant fears and now the FED Taper fears has settled down and the Indian Stock market has been outperforming this year and has retraced to the 0.618 FIB and held nicely.
Day to day the market is still very volatile but we are looking for relief rally as Omicron seems so far to be mild and some optimism of...
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. 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. 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. 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. 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. Head FX Dealer TonyD
Cryptos are one of the most active and exciting markets in recent history. Join easyMarkets Crypto head Griffin Treloar as he gives his thoughts on the current market.
Gold has broken back down since the sharp rally on US inflation 2 weeks ago. Key resistance now is $1800-$1810
A combination of strong USD and news FED Chairm Powell would remain hurt gold alot in the last few days but we are stabilizing at key supports.
Now we are back under $1800 there is some value here especially as tonight we get US GDP with the Core PCE...
he 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. Head FX Dealer TonyD
GBP/JPY is back at pre Austria lockdown news with solid USD/JPY moves higher and a stubborn GBP/USD helping the cross outperform.
US Stocks are still under pressure but any relief there should translate into punchy GBP/JPY rallies.
THe backdrop is solid UK data and a live Bank of England meeting on December 16th where they may raise rates.
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 and overlaps with the U.S. Session Open. 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. 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. Head FX Dealer TonyD
LTC/USD has returned to the .618 golden fib ratio at 219 USD
Confluence in the form up uptrend support and the liveliness of altcoins such as ALGO bodes well for a tailwind among other big caps; such as, Litecoin and Chainlink.
Anticipating a bounce up to 250USD to grab some liquidity before the next pullback
1ST SUPPORT: 218
2ND SUPPORT: 202
1ST RESISTANCE:...
