Page 2 – Forex

Feds Williams: Fed is at or near peak for federal funds rate

NY Fed President Williams is a speaking and says: Monetary policy is having the desired effects on the economy Fed is at or near peak …

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September 29, 2023

Technical Analysis

USDCAD snaps back higher and in the process is retesting 100/200 bar MA on 4-hour chart

September 29, 2023

The USDCAD made new lows for the week earlier today and in the process tested a swing area between 1.3401 and 1.34214. The low price …

Forecasts

British Pound Q4 Technical Forecast: GBP/USD, EUR/GBP, GBP/JPY

September 29, 2023

This quarterly outlook provides an in-depth analysis of GBP/USD, EUR/GBP, and GBP/JPY, focusing on price action dynamics. It delves into critical technical factors that are …

Technical Analysis

GBPUSD moves back down to test the 100 hour MA. Will buyers come in?

September 29, 2023

The GBPUSD moved above its 100-hour moving average yesterday after trending lower for the 1st half of the trading week. The move back above the …

Sentiment

France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Sep 21, 2023 16:00 GMT when France 40 traded near 7,171.60.

September 29, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bullish contrarian …

Technical Analysis

AUDUSD technical bias shifts to the upside today, but work to do to get outside “Red Box”

September 29, 2023

The AUDUSD sellers had their shot this week with a move outside of the “Red Box” that has confined the pair between 0.6356 and 0.65214 …

Central Banks

ECB’s Villeroy: Recent volatility in long bonds has been somewhat excessive

September 29, 2023

Data shows that headline and core inflation declining progressively across Europe Today’s data shows that the ECB’s monetary policy is effective Recent volatility in long …

Technical Analysis

Kickstart your FX trading on September 29 w/ a technical look at EURUSD, USDJPY and GBPUSD

September 29, 2023

To kickstart your trading day in the Forex on September 29, 2023, I take a look at the EURUSD, USDJPY, and GBPUSD from a technical …

Technical Analysis

Nasdaq Composite Technical Analysis – “Make it or break it” moment

September 29, 2023

After the strong selloff following the more hawkish than expected FOMC dot plot, the Nasdaq Composite is now taking a breather just around a key …

Central Banks

ECB’s Vasle: We’re probably done with rate hikes

September 29, 2023

The balance of favour now is leaning very much towards a pause by the ECB and markets have already come to terms with that. There …

Technical Analysis

AUDUSD Technical Analysis – Key resistance in sight

September 29, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …