Technical Analysis

Week Ahead: Bitcoin to break records on Trump’s inauguration?

Fri, 17 Jan 2025 11:11:51 +0000

Week Ahead: Bitcoin to break records on Trump’s inauguration? Lukman.Otunuga… Fri, 01/17/2025 - 13:11

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Bitcoin is up almost 10% this year after securing triple-digit gains in 2024. The "OG" crypto could hit fresh records thanks to Trump’s inauguration on January 20th. Here is what you need to know...

USDCAD: Tests resistance ahead of BoC decision

Tue, 03 Sep 2024 13:46:52 +0000

USDCAD: Tests resistance ahead of BoC decision Lukman.Otunuga… Tue, 09/03/2024 - 16:46

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After tumbling over 2% in August, the USDCAD has kicked off the new month on a bullish note. Prices jumped over 60 pips on Tuesday, testing key resistance at 1.3550 ahead of the Bank of Canada rate decision on Wednesday.

Week Ahead: Nvidia earnings showdown could set market tone

Fri, 23 Aug 2024 08:49:31 +0000

Week Ahead: Nvidia earnings showdown could set market tone Lukman.Otunuga… Fri, 08/23/2024 - 11:49

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Financial markets may end August with a bang thanks to key data and high-impact events. Earnings from tech titan Nvidia and the Fed’s preferred inflation gauge have the potential to set the tone for the new trading month.

USDJPY: Waits on BoJ and Fed chief remarks

Thu, 22 Aug 2024 11:17:20 +0000

USDJPY: Waits on BoJ and Fed chief remarks Lukman.Otunuga… Thu, 08/22/2024 - 14:17

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Check this out. The USDJPY could see big price swings on Friday! That’s right, remarks by Bank of Japan (BoJ) Governor Kazuo Ueda and Fed Chair Jerome Powell are likely to inject the currency pair for fresh volatility.

XAUUSD: Holds near record high…what next?

Mon, 19 Aug 2024 10:10:56 +0000

XAUUSD: Holds near record high…what next? Lukman.Otunuga… Mon, 08/19/2024 - 13:10

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In case you missed it, gold surged over 2% last Friday to create a fresh all-time high above $2509! The precious metal could be injected with fresh volatility this week thanks to the Jackson Hole Economic Symposium.

USDJPY: Braced for BoJ & Fed combo

Tue, 30 Jul 2024 10:22:28 +0000

USDJPY: Braced for BoJ & Fed combo Lukman.Otunuga… Tue, 07/30/2024 - 13:22

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A super central bank combo featuring the Bank of Japan (BoJ) and Federal Reserve (Fed) could rattle the USDJPY this week!

Week Ahead: EU50 waits for directional spark

Fri, 12 Jul 2024 07:12:02 +0000

FXTM’s EU50 ↑ 10% since start of 2024

EU data + ECB = big price swings?

Over past year ECB decision triggered moves of ↑ 1.5% & ↓ 0.3%

Index trading 3% away from YTD high at 5142.3

Technical levels = 5010 & 4880 Read More

FRA40: Jumps on French election relief

Mon, 01 Jul 2024 09:54:15 +0000

FRA40: Jumps on French election relief Lukman.Otunuga… Mon, 07/01/2024 - 12:54

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FXTM’s FRA40 initially rebounded on Monday morning as investors welcomed the preliminary results of French parliamentary elections.

Week Ahead: FRA40 braced for French elections

Fri, 28 Jun 2024 05:22:57 +0000

Week Ahead: FRA40 braced for French elections Lukman.Otunuga… Fri, 06/28/2024 - 08:22

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An exceptional list of high-risk events may rattle global markets in the week ahead! But FXTM’s FRA40 demands our attention due to the first round of French parliamentary elections over the weekend.

Mid-Year Review: Monster Movers & Shakers

Thu, 27 Jun 2024 10:33:06 +0000

Bitcoin ↑ almost 45% in H1

Gold ↑ 12% year-to-date, but are bulls tired?

US500 party to roll on or hit final hour?

The first half of 2024 has been remarkable for global financial markets.

Shifting monetary policy Read More