Microsoft's share price dropped more than 15% from the peak of $349.67/share meanwhile, major US equity markets are underperforming as NDQ is down 13.92%, SPI500 8.86% and DOW is 7.41%. This market-wide drawback is likely due to general market fear due to the potential of multiple Fed rate hikes in reaction to inflation the tension in Eastern Europe and the Middle...
Gold has been very choppy recently but the buyers are starting to win out in the daily time frame and dip buying off 1830 and $1810 for a revisit to $1870 makes sense as inflation fear globally underpin the precious metal.
We buying dips because the direct rallies have had many pullbacks and also the FOMC next week is a big risk to USD sellers as they are...
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and it precedes the U.S. market open and overlaps with the U.S. session.
Although we have had a choppy last few weeks we are still seeing higher lows and respect for the general recovery trade. 0.7150 important support area and ideally we turn above here. Targets on Topside is 0.7300 and 0.7500 if get extention.
Stock markets in general going up will support this trade so any big risk off moves will set back the AUD but in the coming...
Ethereum prices have been climbing since the 11th of January after spending the beginning of ’22 shedding value. But a weakening dollar and general market sentiment likely fueled this rebound. We are looking for an emerging trend that will likely test the levels shown in the chart above.
This almost contradicts Ethereum’s market cap which reached a stunning...
USD is under pressure after FED Chairman Powell Testifies yesterday, as market already predicted his hawkish tone.
He believes that current surge in Omicron infections will not have long term impact, and US economy is healthy enough for some monetary stimulus withdrawal.
source: www.reuters.com
The recent cryptocurrency slip and an increase of the treasury...
The Nasdaq index slipped more than 1% on Monday as the tech sector comes under pressure. The Nasdaq Index last week posted its biggest one-week percentage decline since February. A few factors contributed to this, one of the biggest is the strong probability of one or more Fed rate hikes this year – making investors move to more economically sensitive markets. The...
Join easyMarkets Head FX Dealer TonyD. The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open.
The correction in Crypto is getting more extended and we are coming up to some major support levels that will dictate at least the short term future on both Bitcoin and the whole Crypto market.
As stocks crashed overnight led by the NASDAQ, the background market sentiment was not helping either.
That being said buying dips in Stocks and in Crypto has been a...
The London opening is one of the most popular sessions, because between other big global market openings. Data is available from the recently closed Asian session and and overlaps with the U.S. Session Open. Head FX Dealer TonyD
Trade Cryptocurrencies, Shares, Forex, Commodities, Indices CFDs & Options with Tight Fixed Spreads, No Slippage & Free Guaranteed Stop Loss ✅ TRADE LIKE A CHAMPION.
Trade Cryptocurrencies, Shares, Forex, Commodities, Indices CFDs & Options with Tight Fixed Spreads, No Slippage & Free Guaranteed Stop Loss ✅ TRADE LIKE A CHAMPION.
The USD rally has stumbled in the last few days and we are looking for a retest lower with a break of the 95.70 level.
The highs are getting lower and the risk reward on selling the US Dollar index on rallies into the down trendline is great.
Year end flows looking for risk on to continue for rest of week.
easyMarkets Account on TradingView allows you to...
S&P 500 hit record after holidays, likely fuelled by initial reports that the Omicron variant causes milder infections created a general optimism (both for markets and consumers).
According to Mastercard data, holiday sales rose 8.5% in 2021 from last year which is the fastest pace in 17 years. Nine out of 11 S&P 500 sectors gained in Monday’s session. The...
According to an interview released on Tuesday, Tesla CEO Elon Musk said he has now reached his goal of selling 10% of his shares. On the news Tesla shares rose 3.4% in the premarket and continued its bullish momentum after the stock market opened . During that time, Musk actually increased his holdings in Tesla due to the exercising of options.
1st resistance...
USDCAD has reached a 1 year high @1.2965. Breaking through the 1.2960 resistance could lead USDCAD to push towards 1.3020.
Canada Core Retail Sales came out under expectations (1.3% vs 1.6%), reinforcing with fundamentals the technical analysis.
Omicron is now the dominant COVID strain in US, with new cases soaring in Canada as well. Tighter measures have been...
