Market News & Analysis

Market Analysis and News

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NZDUSD jumps above 0.58800!
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27 Nov 01.45

NZDUSD jumps above 0.58800!

The NZDUSD jumped about 0.88% today, breaking a 5-day losing streak against the US Dollar.

US Dollar index briefly reaches above 107
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26 Nov 12.36

US Dollar index briefly reaches above 107

The U.S. dollar index briefly reached above 107, after U.S. President-elect Trump said he would impose trade tariffs on China, Mexico and Canada.

LATEST ANALYSIS
Gold awaits NFP test around $2050
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02 FEB clock 11:45

Gold awaits NFP test around $2050

XAUUSD found support at its 50-day SMA in recent sessions, but has been thwarted at the May 2023 peak of $2062.97 on three separate occasions so far in 2024. Will today's US jobs report trigger that upside breakout beyond $2063?
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.
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