Market Outlook - North American Market Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – …
Market Outlook - North American Market USD Breaking News: CB Consumer Confidence Declines Ahead of FOMC Posted onJanuary 31, 2023 CB Consumer Confidence decreases to 107.1 (vs est 109) – higher interest rates weigh on the business confidence and the short-term employment outlook.
Market Outlook - North American Market S&P 500, Nasdaq, Dow Jones Forecast for the Week Ahead Posted onDecember 16, 2022 Bears made a noticeable re-appearance this week with a steely focus on 2023 price action, but will bears make a push into the end of …
Market Outlook - North American Market SPX, Nasdaq Slide; USD, EUR/USD Tendencies of Turn After CB Onslaught Posted onDecember 15, 2022 Markets remained on the move today through ECB and BoE rate decisions. A massive options expiry is on the calendar for tomorrow, which can keep …
Market Outlook - North American Market Dollar Surges and S&P 500 Drops After Fed Hikes 50bps Raises 2023 Forecast Posted onDecember 14, 2022 The Federal Reserve announced its last rate decision of 2022 and it offered the ‘pivot’ that many had expected. A 50bp rate hike ended the …
Market Outlook - North American Market Dollar’s Post-CPI Tumble Already Leveling Out as Focus Shifts to FOMC Posted onDecember 13, 2022 Following a further slowdown in US inflation data, the Dollar has extended its slide to test lows not seen in six months. For a number …
Market Outlook - North American Market US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY Posted onDecember 12, 2022 The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from …
Market Outlook - North American Market Dollar Forecast Loaded with Volatility Potential but Can It Find a Trend? Posted onDecember 10, 2022 The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is …
Market Outlook - North American Market Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP Posted onDecember 8, 2022 EUR/USD is working on a key spot of resistance ahead of a big batch of Central Bank meetings next week, but EUR/JPY may be more …
Market Outlook - North American Market Dow Rally Falters Despite Cooler Inflation, NFPs Now an Open-Ended Event Posted onDecember 1, 2022 The US indices – led by the blue chip Dow Jones Industrial Average – were knocked off course of a bullish breakout just a day …
Trading Education How to Trade with the Relative Strength Index (RSI) Posted onNovember 30, 2022 The Relative Strength Index (RSI) is a popular technical indicator used to identify over-bought or over-sold conditions. Learn how to trade with RSI.