USDInd hits 3-month low. More room to fall?

  • Dollar weakened as markets raise bet on Fed rate cuts in 2024
     
  • USDInd approaches key support levels around 103 region
     
  • Daily close below 103 region could spark another 1,300-point drop
     
  • Other technical indicators suggest 350-point rebound ahead
USD index FOMC Technical Analysis technical correction bearish candlestick patterns

Trade Of The Week: UK100_m knocks on major resistance

  • UK100_m trapped in wide range
  • Index could be rocked by political and economic forces
  • Keep eye on UK Autumn Statement
  • Key levels of interest at 7605, 7500 and 7370
uk100 economic outlook FTSE100 political risk SMA

Week Ahead: More pain ahead for oil?

  • Crude oil tumbles into bear market on demand fears
  • Keep eye on incoming EIA report and US data
  • Oil slump throws OPEC+ into spotlight
  • Bears in power but RSI oversold
  • Key levels of interest at $75.30, $72.50 and $70

Despite the holiday-shortened week ahead in the United

Crude OPEC+ USD Technical Analysis SMA RSI

SPX500_m bulls eye key resistance level

  • SPX500_m up 2% so far this week
  • Incoming US data and Fed speeches could trigger volatility
  • Prices firmly bullish on D1 timeframe but RSI overbought
  • Key resistance level found at 4525 ​​​​​​​
  • Possible breakout on horizon

The SPX500_m has gained 2% so far this week thanks

S&P500 Federal Reserve SMA MACD Technical Analysis

Mid-Week Technical Outlook: Gold heading back towards $2000?

  • Gold boosted by fundamental forces
  • Technical indicators signal further upside
  • Time for bulls to step into a higher gear?
  • All eyes on key psychological $2000 level

Gold glittered on Wednesday after jumping over 1% in the previous session.

Gold SMA CPI inflation Technical Analysis

NQ100_m: US CPI may spark 4000-point move

  • Tech-heavy index hovers around 15,530 ahead of pivotal US data
     
  • Stock bulls are hoping for new 2023 high on slowing inflation
     
  • Key moving averages may offer support on higher-than-expected CPI

 

NQ100m CPI inflation Fed rate hikes

Trade of the Week: GBPUSD capped below 200-day SMA?

  • GBPUSD bulls rejected by 200-day SMA
  • Big week for currency pair due to key UK data
  • Watch out for potential dollar volatility amid high-risk events
  • Prices back within wide range on daily charts
  • Bears could mean business below 1.2320 level

GBPUSD bears could m

GBPUSD BoE inflation USD SMA

Week Ahead: US dollar gears up for big move

  • Big week ahead for USD thanks to key risk events
  • Watch out for top US data including CPI & Fed speeches
  • Looming US government shutdown also on radar
  • USDInd back within wide range with support at 105.50 and resistance at 107.20
  • Another major breakout on the horizon?

T

USD DXY FED CPI retail sales US government shutdown

Bitcoin shoots past $36k on ETF excitement

  • Bitcoin hits highest level in 18 months ​​​​​​
  • Cryptocurrency boosted by ETF excitement
  • Bullish flag seen on H4 chart
  • Weekly resistance level might act as ca
Bitcoin Cryptocurrency Technical Analysis ETF

Mid-Week Technical Outlook: Oil closes below 200-day SMA

  • Crude dives over 4% in previous session
  • Prices secure daily close below 200-day SMA
  • Monthly and weekly timeframe signal further downside
  • Bears in control on D1 charts but RSI near oversold territory
  • Key levels of interest at $82, $78 and $74

Oil struggled

Oil Crude SMA RSI Technical Analysis
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