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
Solana briefly touches below 21-period SMA
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01 FEB clock 13:38

Solana briefly touches below 21-period SMA

21 & 50-period SMAs are set to provide an immediate support if the 4th largest altcoin's bears continue with the downward momentum towards their next potential target - $90.
USDInd trades above 200-SMA ahead of Fed meeting
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31 JAN clock 10:33

USDInd trades above 200-SMA ahead of Fed meeting

Markets are waiting for Fed & BoE to shed light on their future respective policies. Big tech earnings and NFP data readings are also in sight.
Can S&P 500 reach 5,000 by February?
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30 JAN clock 13:38

Can S&P 500 reach 5,000 by February?

This benchmark US stock index has posted multiple new record highs since January 19th, 2024. Can this week's Big Tech earnings help the US500 hit the 5k mark?
This Week: GBPUSD tests 21-SMA ahead of BoE rate decision & commentary
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29 JAN clock 08:09

This Week: GBPUSD tests 21-SMA ahead of BoE rate decision & commentary

Cable is testing the key resistance level at 21-period SMA (1.270545) as investors anticipate the BoE’s comments regarding the future of it’s policy.
BRN hovers above 200-period SMA ahead of US PCE
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26 JAN clock 13:48

BRN hovers above 200-period SMA ahead of US PCE

Oil prices have experienced a strong upward momentum amid high expectations of rate cuts and other bullish catalysts.
XAUUSD edges towards 50-SMA despite stronger GDP reading
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26 JAN clock 13:37

XAUUSD edges towards 50-SMA despite stronger GDP reading

Bullion bulls have managed to regain the momentum and are now trying to bring the price back up to the key pivot level at 50-period SMA (~2026.828)
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