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market insights

Pound Hits 37-Year Low as Yen Also Suffers!

David Kindley Sep 8, 2022 495 0

The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling yesterday. Europe and the UK look like they are headed for a challenging couple of months, with recession very likely for both economies. Investors…
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Technical Analysis

Pound Pairs Boosted at New PM

David Kindley Sep 6, 2022 498 0

Cable and other pound pairs were lifted in yesterday’s session as the new PM was finally decided. 100 pip moves were felt across the board as the markets reacted with a bullish flavour. Now will be the real test if cable can hold…
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Technical Analysis

Gold to Test $1700 Again?

David Kindley Sep 5, 2022 446 0

The gold price is attempting to correct higher but has come up against a strong dollar. With the DXY topping $110, could this spell the end of the bull run for Gold? Silver has also shown a slight price correction, but with a mixed US…
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Technical Analysis

Dow Bounces as Traders Await Jackson-Hole

David Kindley Aug 25, 2022 464 0

Indices saw a slight reversal in yesterday’s trading after breaking a 3-day losing streak. The market action occurs as investors await the start of the Jackson Hole economic symposium. Traders will be listening for more information…
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Technical Analysis

Bitcoin Breaks $21k as Bears Move In!

David Kindley Aug 23, 2022 461 0

Bitcoin continued the sell-off as it continued its biggest daily drop since June. With Ethereum also slipping under $1600, the crypto space seems to be taking a battering as the focus now shifts to the annual Jackson Hole symposium.…
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Technical Analysis

Dollar Cautious as Fed Plans More Rate Hikes!

David Kindley Aug 18, 2022 502 0

The Federal Reserve indicated they likely would continue with their rate hikes until inflation came down substantially. They did not provide specific guidance for future increases, but early indications pointed to a half-point rate hike…
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Technical Analysis

Will Bitcoin Break $22,000?

David Kindley Jul 18, 2022 509 0

With Bitcoin still consolidated, another test at the $22k is coming up again. Resistance here would confirm another move to the downside as analysts prepare for another $3k move. With Ethereum seemingly breaking out of its range, will…
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Technical Analysis

Bitcoin Bounces, But for How long?

David Kindley Jul 15, 2022 643 0

The cryptocurrency space has seen a choppy price action for the last few sessions. Even though we have witnessed an upshift, analysts remain skeptical that Bitcoin still has not found a bottom level. With Bitcoin falling more than 70%…
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Technical Analysis

Euro Recovers as ECB Turns Hawkish!

David Kindley May 26, 2022 565 0

Euro continues its climb after the prospect of a hawkish ECB tone. The possibility of a half percentage point interest rate increase sent the euro over 1% against the dollar. ECB president Christine Lagarde has signaled that the…
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Technical Analysis

Trump Ready to Delay Trade Deal?

Stavros Tousios Dec 6, 2019 408 0

In today’s #marketinsights Stavros talks about the likelihood of today’s #NFP affecting the #tradewar! Positive figures could have #Trump taking a step back in reaching a deal with China as soon as the 15th. Negative figures, however, will…
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