Bitcoin soars on ETF optimism

  • Bitcoin hits $35k for first time since 2022
  • Cryptocurrency cheers prospects of Bitcoin ETF
  • Bitcoin heavily bullish after conquering $31.5k resistance
  • Key levels of interest found at $35k and $37k

Bitcoin hijacked the market headlines on Tuesday after punching above $35,000 for the first time since 20

Bitcoin SMA Cryptocurrency MACD

Trade Of The Week: Will gold conquer $2000 again?

  • Gold up roughly 8% since Hamas attack on Israel
  • Precious metal influenced by geopolitical risk and Fed hike bets
  • Watch out for key US data, including September PCE report
  • Gold heavily bullish but RSI overbought on daily charts
  • Key level of interest found at $2000

Gold has been an unstoppable force this month a

Gold SMA MACD Federal Reserve Geopolitics USD

Week Ahead: EURUSD ready to resume downtrend?

  • Watch out for ECB meeting, key US data and big tech earnings
  • EURUSD primed for breakout after bouncing within range
  • Trend bearish with technical forces signalling more downside
  • However, keep a close eye on fundamental forces
  • Key levels of interest at 1.0630 and 1.0450

Get ready for another event-heavy week for global m

EURUSD Euro ECB Christine Lagarde inflation PCE GDP SMA

NatGas on cusp of new impulse wave

  • NatGas now retesting weekly resistance level
     
  • Bulls attempting to start new impulse wave
     
  • Four potential targets identified
NatGas Technical Analysis

Mid-Week Technical Outlook: Global indices

  • SPX500_m waits for fresh catalyst
  • NQ100_m breakout on horizon?
  • UK100_m flirts around 200-day SMA
  • STOX50_m approaches 4100 support
  • GER40_m ready to resume decline?

An air of caution permeated global markets on Wednesday as investors closely monitored corporate earnings and the ongoing conflict in the Middle East.

SPX500_m NQ100m STOX50 uk100 Ger40 MACD SMA inflation Geopolitics

XAUUSD “trapped” ahead of US retail sales data

  • XAUUSD bulls take breather after printing “monster" move

  • "Inside-bar” typically reflects a pause

  • Gold’s pause may be short-lived if Middle East conflict escalates further

  • Incoming US retail sales data may trigger gold volatility

  • Today’s closing price may offer strong clue on gold’s next move 

 

XAUUSD Gold retail sales Fed rate hikes Middle East

Trade Of The Week: NQ100_m braces for heavy event week

  • Big week for NQ100_m thanks to key risk events
  • Watch out for big tech earnings and Powell speech
  • NQ100_m trapped in choppy range on D1 chart
  • Breakout on horizon with right fundamental spark
  • Key levels of interest at 14900 and 15300

Watch this space because the next few days promise to be eventful for the NQ100_m

NQ100m tech stocks Big Tech Powell Federal Reserve SMA MACD Earnings

Week Ahead: Looming “death cross” teases GBPUSD bears

  • GBPUSD set to be driven by technical and fundamental forces
  • Keep eye on UK CPI report, US data dump and Fed speeches
  • Looming “death cross” formation points to further declines
  • GBPUSD remains bearish despite recent bounce
  • Key levels of interest found at 1.2310 and 1.2050

The combination of geopolitical risk and Fed rate

Can SPX500_m bears keep up their momentum?

  • SPX500_m flirts above weekly resistance ahead of US CPI
  • Bears in control on weekly timeframe
  • Three potential targets identified.
  • Bearish scenario invalidated If 4401.1 price level is broken
SPX500_m CPI MACD Technical Analysis

Mid-Week Technical Outlook: G10 currencies

  • Dollar steady ahead of FOMC minutes
  • EURUSD approaches key resistance
  • GBPUSD bulls back in town?
  • USDJPY trapped within wide range
  • USDCAD set to challenge 50-day SMA?

A tense atmosphere gripped financial markets on Wednesday amid mounting geopolitical tensions and incoming US economic data.

USD EURUSD GBPUSD USDJPY USDCAD MACD Federal Reserve
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