Technical Analysis

Fundamental Overview The Russell 2000 last Thursday managed to break above a key resistance zone following strong US Jobless Claims and Retail Sales data. The market continues to fade the “growth scare” we got at the beginning of August and it’s now looking forward to the Fed’s rate cuts. In fact, the rate cuts into

Fundamental Overview The Nasdaq finally erased the entire drop from the last ISM Manufacturing PMI as the market faded the “growth scare”. The first catalyst was the good US Jobless Claims on the 8th of August as that quelled the fears on a deteriorating labour market triggered by the weak NFP report. Last week, we

Fundamental Overview The S&P 500 finally erased the entire drop from the last ISM Manufacturing PMI as the market faded the “growth scare”. The first catalyst was the good US Jobless Claims on the 8th of August as that quelled the fears on a deteriorating labour market triggered by the weak NFP report. Last week,

Fundamental Overview Yesterday, we got some strong US data as the Jobless Claims and Retail Sales figures came out much better than expected. All the major currencies gained against the Yen for two main reasons. The first is that yields rose across the board as the market continues to price out the aggressive rate cuts

Solana (SOL) price prediction: Bullish vs. bearish scenarios for the future value of SOL The Solana (SOL) cryptocurrency has been one of the most talked-about assets in the crypto space, known for its high-performance blockchain and a surge in market value in recent years. As someone who has actively traded Solana since its early days,

Fundamental Overview Yesterday, we got two strong US data releases as the Jobless Claims and Retail Sales figures came out much better than expected. The initial reaction was US Dollar bullish, but after a while the market started to fade the move. The reason is that the risk-on sentiment is generally negative for the greenback

Fundamental Overview Yesterday, we got two strong US data releases as the Jobless Claims and Retail Sales figures came out much better than expected. The initial reaction was US Dollar bullish, but after a while the market started to fade the move. The reason is that the risk-on sentiment is generally negative for the greenback

Fundamental Overview Yesterday, we got two strong US data releases as the Jobless Claims and Retail Sales figures came out much better than expected. The initial reaction was US Dollar bullish, but after a while the market started to fade the move. The reason is that the risk-on sentiment is generally negative for the greenback

Fundamental Overview Yesterday, we got two strong US data releases as the Jobless Claims and Retail Sales figures came out much better than expected. The initial reaction was US Dollar bullish, but after a while the market started to fade the move. The reason is that the risk-on sentiment is generally negative for the greenback

USD/JPY daily USD/JPY soared after stronger US retail sales but stalled right at a key level. It rose to 149.32, just two pips shy of the 38.2% retracement of the swan dive from 161.80 to 141.67. It’s stalled there and backed off to 148.96. The Fibonnaci level is a classic barrier in a bounce from

Fundamental Overview The S&P 500 has been on a steady rise ever since the last week’s US Jobless Claims as the data quelled the fears around the labour market following the weak NFP report. The “growth scare” triggered by the ugly ISM Manufacturing PMI and the weak NFP report looks to be behind us for

Fundamental Overview Yesterday, the US PPI report missed expectations by a big margin triggering a selloff in the US Dollar as the market started to position into a potentially soft US CPI release today. That led to a key breakout in the NZDUSD pair which didn’t last as the RBNZ tonight cut rates by 25

Fundamental Overview Yesterday, the US PPI report missed expectations by a big margin triggering a selloff in the US Dollar as the market started to position into a potentially soft US CPI release today. The UK CPI this morning missed estimates across the board as well and raised the probabilities of a back-to-back cut in

The major US indices got a boost from lower-than-expected PPI data. Tomorrow the CPI will be released. The PPI data does not necessarily translate into the CPI, but there is some crossover to the PCE data that will be released later this month. Tomorrow, CPI is expected to show a 0.2% gain after a -0.1%

Fundamental Overview As many other markets, crude oil bottomed out around last Monday as growth fears abated and started to slowly gain ground following catalysts like the appointment of the new Hamas leader and good US jobless claims. Yesterday we got another strong wave of buying as we got a Fox report saying that Iran

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Fundamental Overview The Swiss Franc lost some more ground against the USD last Thursday as the US Jobless Claims figures came out better than expected. That helped ease the fears around the US labour market triggered by the weak NFP report and improved the risk sentiment. The market has been slowly paring back the aggressive

Fundamental Overview The Nasdaq bounced strongly from the lows yesterday following good US Jobless Claims figures as the data quelled some of the fears around the labour market after the weak US NFP report last Friday. The market pricing for rate cuts eased a bit but remains quite elevated with a 55% probability of a