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Events to look out for next week

Click here to access our Economic Calendar Stuart Cowell Head Market Analyst Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, […]

How Does Black Friday Affect the Markets?

After being closed yesterday, US markets will have a shortened trading session today. But a further distortion could come from many of the big traders deciding that coming into the office for half a day isn’t worth it, and taking the long weekend. Usually, this […]

Intraday Market Analysis: USD Pulls Back

USDJPY breaks support The Japanese yen recouped some losses after November’s Tokyo CPI rose to 0.5%. A bearish RSI divergence signaled a slowdown in the upward momentum. A break below 114.90 confirmed weakness in the rally and prompted buyers to close their bets. As the […]

XAGUSD Will the Price of XAGUSD Rise to 26.81?

The formation of silver involves the development of a cycle triple zigzag w-x-y-x-z. In the current chart, we see the final part of the bearish wave y, followed by a price increase in the intervening wave x. The bullish intervening wave x could take the […]

XAUUSD – Gold Driven by Falling Bond Yields

XAUUSD, H4 After the gold price fell heavily at the beginning of the week following Powell’s nomination to return to the position of Fed chair for a second term, gold has finally found support in the uptrend line around 1,780, and has now breached 1,800 […]

Market Update – November 26 – B.1.1.529 – Risk Off

Trading Leveraged Products is risky B.1.1.529 – RISK OFF – JPY, CHF & USD bid – AUD, NZD & CAD pressured – Stocks & Oil tank. (-2.5%) Treasuries in demand as yields slip.UK, Singapore, Taiwan & Israel ban flights from 6 South African Countries – […]

Live Market Analysis for Thanksgiving

Join Andria for a live analysis review of this week’s key data releases and official speeches on the Thanksgiving holiday and ahead of Black Friday. Click here to access our Economic Calendar Andria Pichidi Market Analyst Disclaimer: This material is provided as a general marketing […]

StockWatch: Nordstrom Falls 27% With Mixed Q3 Results!

Nordstrom shares fell 27% after the American retailer reported mixed Q3 results, significantly missing earnings expectations. Despite more customers returning to the physical stores, supply-chain disruptions continue to negatively impact the company’s profitability. Deere & Co shares jumped by 5% after the company issued stronger-than-expected […]

Australia Retail Sales and the Next RBA Rate Hike

There is a significant discrepancy between three key groups that are important to traders when it comes to the future of the AUDUSD. The market appears to be pricing in a rate hike as early as next year. Analysts are insisting that it will be […]

USDCAD: Impulsive Trend Could Weigh On Prices

The formation of the USDCAD currency pair suggests the development of a large correction trend. This takes the form of a standard Ⓐ-Ⓑ-Ⓒ zigzag. At the end of October, the downward movement of the market ended within the primary correction Ⓑ. This took the form […]