GBP/USD edges lower, eyes retail sales
UK retail sales expected to rebound in October US PPI and retail sales decline The British pound has extended its losses on Thursday. In the European session, GBP/USD is trading…
No Second Act – Slope of Hope – Technical Tools for Traders
Fresh on the heels of yesterday’s gift-from-heaven-for-the-bulls CPI numbers, there was an even bigger tidal wave of data, and it was even BETTER news for our dear bullish friends. PPI…
SEC v. Ripple lawsuit still drags on, Judge Torres sets schedule for 2024
Share: XRP price tumbles as deadlines for the formal pretrial information exchange are set by Judge Torres. Attorney Fred Rispoli says Judge Torres’ ruling on XRP is ironclad…
Market Insights Podcast – UK economy flatlines in Q3, central banks remain hawkish
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the UK GDP data, and Fed speak, and look forward to the inflation and retail sales…
Post-Vacay Catch-Up – Slope of Hope – Technical Tools for Traders
By Tim Knight – 5 hours ago (11, Nov 2023 6:44:55 PM) Post-Vacay Catch-Up Post-Vacay Catch-Up In order to comment on this blog, you must have JavaScript installed and enabled.…
Eighteen-months ascending triangle pattern appraises $4,000 target for ETH
Share: Ethereum price has been consolidating along an ascending trendline for the past eighteen months, with the $2,035 level holding as resistance. The overall price action has formed…
AUD/USD torpedoed towards key short-term support for a potential bullish reversal
The recent slide of -170 pips seen in the AUD/USD from Monday, 6 November high of 0.6520 has reached a key inflection zone. The latest higher level of inflation forecasts…
Sector-Wide Left-Swipe – Slope of Hope – Technical Tools for Traders
d Sector-Wide Left-Swipe Sector-Wide Left-Swipe In order to comment on this blog, you must have JavaScript installed and enabled. Source link
Possible to end BoJ’s ETF buying on no concern over risk of sharp rise in risk premia
Share: Bank of Japan (BoJ) Governor Kazuo Ueda is back on the wires on Wednesday, commenting on the central bank’s exchange-traded funds (ETFs) buying to stabilize the market. Additional…
AUD/USD Technical: RBA hike has already been priced in, minor corrective decline in progress
AUD/USD Technical: RBA hike has already been priced in, minor corrective decline in progress RBA hiked the official cash rate by 25 bps to 4.35% as expected. Revised up slightly…
Toxic Facebook? – Slope of Hope – Technical Tools for Traders
Empathy has been a focus of study of mine for 2023. Most have probably realized the polarizing effects social media has had on us all, but has the technology also…
FLOKI staking TVL explodes, hits $54.4 million within a week
Share: FLOKI tokens locked in the Floki staking program have hit a new milestone, 17% of the total supply has been staked. Majority of the FLOKI tokens have…
Market Insights Podcast – A promising jobs report, BoE cautious pause
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the US jobs report, Bank of England decision and press conference and today’s services PMIs. Content…
The Core Issue – Slope of Hope – Technical Tools for Traders
Well, after my initial examination of earnings reactions (prior post), it seems AAPL wasn’t done. Once the conference call was out of the way, the AAPL drop went from tiny…
NZD/USD looking for topside push after spike into 0.5890
Share: The NZD/USD is seeing a recovery fueled mostly by broad-market US Dollar selling. NZ economic data has broadly missed the mark, hampering upside potential. Markets set to…
NZ dollar slips on weak Chinese data, jobs data next
Chinese PMIs decelerate New Zealand labour market expected to cool The New Zealand dollar has extended its losses on Tuesday. In the North American session, NZD/USD is trading at 0.5808,…
A Tenth Life? – Slope of Hope – Technical Tools for Traders
Caterpillar (CAT) reports on Tuesday morning. It certainly seems to have had the excess wrung out of it recently. We’ve caused a teeny-tiny bit of damage to the trendline above.…
AUD/USD holds positive ground below the mid-0.6300s ahead of Australian Retail Sales
Share: AUD/USD holds positive ground around 0.6339 in early Monday. US Core PCE eased to 3.7% YoY vs. 3.8% prior, the headline PCE remain unchanged at 3.4%. Markets…
Podcast – US Core PCE rises, Amazon delivers, Oil volatile
OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. Today they discuss a plethora of US economic readings, Earnings from Amazon, Exxon…
Will Gold Mining Stocks Look Past Q3? – Slope of Hope – Technical Tools for Traders
Gold mining stock charts have not yet confirmed a sustainable rally, and Q3 fundamentals may be a headwind We have used this daily chart of the gold stock ETF, GDX…