Market News & Analysis

Market Analysis and News

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XAUUSD & BRN are under pressure amid stronger dollar.
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15 Nov 09.38

XAUUSD & BRN are under pressure amid stronger dollar.

XAUUSD has fallen below $2,560 as the US dollar surges. Meanwhile, BRN slips under $72, driven by concerns of oversupply.

EURUSD set for 5th consecutive day of losses?
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14 Nov 10.46

EURUSD set for 5th consecutive day of losses?

The EURUSD has fallen to its lowest level since November 2023. Market expectations for interest rate cuts have shifted, with a 25bp cut now expected from both the US Fed and the ECB.

LATEST ANALYSIS
US500, new all-time highs ahead?
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29 FEB clock 11:07

US500, new all-time highs ahead?

US500 (S&P500) is consolidating ahead of key macro-economic readings to be released in the US today.
AUDUSD slid below 21-period SMA
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28 FEB clock 09:54

AUDUSD slid below 21-period SMA

The price action is currently consolidated close to short-term and long-term moving averages while the RSI and MACD do not provide strong directional signals.
Bitcoin touches above $57000
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27 FEB clock 11:54

Bitcoin touches above $57000

Bitcoin bulls briefly managed to reach above $57000, a price level last seen in late 2021, amid the larger volume in spot BTC ETFs.
This Week: EURNZD jumps towards 50-period SMA
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26 FEB clock 08:57

This Week: EURNZD jumps towards 50-period SMA

Markets predict that the Kiwi would be the most volatile against the euro this week.
BRN is under pressure, moving towards 100-period SMA
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23 FEB clock 14:46

BRN is under pressure, moving towards 100-period SMA

Oil prices have ticked lower following the release of FOMC minutes, indicating a potential delay in the rate cuts.
XAUUSD Bulls Struggle below 21-period SMA
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23 FEB clock 11:29

XAUUSD Bulls Struggle below 21-period SMA

Gold price has moved below the 21-period SMA (~2024.015) following the lower-than-expected US Initial Jobless Claims reading on Thursday (22.02.2024).
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