Market Insights
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Market Insights
Market May Overestimate March Rate Cut: Is the USD Primed for Gains?
Key Points: Market assigns a 30% chance of a US Federal Reserve rate cut in March, despite Powell’s skepticism. Jerome Powell’s remarks suggest that a rate cut in March is unlikely. Investors consider whether the USD could benefit from current market expectations. Potential long-term implications if the Fed opts for a significant rate cut later…
02 February 2024
50 views
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Market Insights
Top Two Trading Opportunities This Week: AUD/USD and EUR/USD
Key Points: Australian inflation data and the US Federal Reserve’s rate decision make AUD/USD a key pair to watch. Discrepancies in EU inflation forecasts heighten interest in EUR/USD. AUD/USD is poised for potential movements based on inflation and Fed decisions. EUR/USD’s outlook is influenced by conflicting inflation predictions and technical patterns. This week presents two…
29 January 2024
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Market Insights
EUR/USD Analysis: Potential Downside Breakout Ahead?
Key Points: EUR/USD shows a triangle/flag pattern on the 8-hour chart, indicating a potential breakout. Divergence in central bank expectations: a possible March Fed rate cut versus uncertainty around an ECB cut. ECB rate cut speculation faces headwinds due to geopolitical risks and supply chain concerns. The EUR/USD currency pair appears to be on the…
16 January 2024
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Market Insights
Nasdaq Faces Potential Weakness Before Christmas: Key Levels to Watch
Key Points: Nasdaq up over 5% in December and 43% for 2023, nearing its best year since 2020. Recent performance shows caution as the index approaches yesterday’s close. Potential consolidation or reversal signals amid record highs. Key support levels to monitor: 16,750 and 16,400. As December progresses, the Nasdaq has surged over 5% and is…
21 December 2023
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Market Insights
Trading This Week’s Fundamental Events: Key Central Bank Decisions
Key Points: Federal Reserve’s final policy meeting of 2023 on Wednesday. US inflation data for November scheduled for Tuesday. ECB and BoE rate decisions on Thursday. ECB is anticipated to start rate cuts in April. Eurozone inflation trends may influence future ECB decisions. This week, all eyes are on major central bank meetings and economic…
11 December 2023
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Market Insights
Are OPEC+ 2024 Voluntary Cuts Enough to Support Oil Prices?
Key Points: OPEC+ plans nearly 2 million bpd in voluntary production cuts for early 2024. Saudi Arabia will extend its 1 million bpd cut until at least Q1 2024. Russia, Iraq, and UAE also commit to cuts in the first quarter. Brazil’s potential increase in output could disrupt the planned cuts. WTI crude oil price…
01 December 2023
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Market Insights
AUD/USD Rally: Key Levels and Xi-Biden Meeting Impact
Key Points: Central banks are under pressure ahead of significant decisions. The Bank of Japan’s (BOJ) decision is highly unpredictable. The Federal Reserve (Fed) is expected to maintain current rates. The Bank of England’s (BOE) decision is closely contested. The upcoming week is crucial for central banks as the Bank of Japan (BOJ), Federal Reserve…
16 November 2023
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Market Insights
Is the “Hawkish Pause” Just Market Hype?
Key Points: Market skepticism about the effectiveness of a “hawkish pause” by the US Fed. Jerome Powell’s recent remarks on potential rate hikes and market reactions. Australian dollar rises, USD declines against the yen. The term “hawkish pause” may be overstated in the current market context, potentially used to support USD strength despite doubts…
02 November 2023
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Market Insights
Bitcoin’s 10% Surge: Insights from False ETF Approval Rumors
Key Points: Bitcoin surged 10% on fake news of SEC approving BlackRock’s ETF. After correction, Bitcoin maintains a 5% gain, indicating strong market anticipation. The rumor’s impact may signal future reactions to actual SEC decisions. On Monday, Bitcoin spiked nearly 10% from $27,900 to over $30,000 following a false report from Cointelegraph claiming the…
17 October 2023
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Market Insights
Oil Prices Surge to 2023 Highs: Assessing New Support Levels
Key Points: WTI crude futures hit a 2023 high above $94 per barrel. A significant drop in US crude inventories and OPEC+ supply cuts drove the price surge. Concerns about future price dips and corrective pressures persist. WTI crude futures soared by 3.5% on Wednesday, reaching their highest settlement price of 2023 at over…
28 September 2023
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Market Insights
Gold’s Jackson Hole Rally: Key Levels to Watch
Key Points: Gold prices rose due to lower bond yields and a weaker USD. Potential upside is limited around $1920; downside risks focus on $1880 and $1885. Jerome Powell’s upcoming Jackson Hole speech could shape gold’s near-term movement. Gold prices have surged from $1900 to $1916 this week, buoyed by lower bond yields and a…
23 August 2023
49 views
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Market Insights
32,600 Jobs Added! Aussie Dollar Skyrockets!
Key Points: Australia added 32,600 jobs in June, far exceeding expectations. The Australian dollar surged by over 0.9%, reaching an intra-day high of $0.6834. Market sentiment is bullish, with both short and long-term momentum favoring the Aussie. Australia’s impressive employment report for June, showing a net increase of 32,600 jobs, has driven the Australian dollar…
20 July 2023
46 views
