Fed rate hikes

NQ100_m: US CPI may spark 4000-point move

Tue, 14 Nov 2023 08:27:51 +0000

Tech-heavy index hovers around 15,530 ahead of pivotal US data
Stock bulls are hoping for new 2023 high on slowing inflation
Key moving averages may offer support on higher-than-expected CPI

The NQ100_m is holding around 15,500 awaiting the release of the latest US inflation data.

This tech- Read More

XAUUSD “trapped” ahead of US retail sales data

Tue, 17 Oct 2023 11:21:01 +0000

XAUUSD bulls take breather after printing “monster" move
"Inside-bar” typically reflects a pause
Gold’s pause may be short-lived if Middle East conflict escalates further
Incoming US retail sales data may trigger gold volatility
Today’s closing price may offer strong clue on gold’s next move

Gold bulls have taken a breather in recent Read More

Yen keeps posting flags through ascent

Tue, 12 Sep 2023 11:15:59 +0000

USDJPY busy forming second flag since August, amidst year-to-date uptrend
JPY surged Monday after BoJ Governor Ueda offered hawkish policy clues
Yen bulls unable to build on Monday's intraday low of 145.904.
USDJPY may look to close Monday's gap down
Tomorrow's US CPI to decide USDJPY's immediate fate

USDJPY gapped down on Monday, September 11th’s market open.

The Read More

US stocks, gold extend recovery

Tue, 22 Aug 2023 09:44:50 +0000

US stocks, gold extend recovery han.tan@FXTM CY CA Tue, 08/22/2023 - 12:44

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Higher rates for longer should be a headwind for stocks and also gold. Look out for Nvidia earnings, Powell's speech this week.

Trade of the Week: SPX500_m demands proof out of Nvidia, Jackson Hole

Mon, 21 Aug 2023 06:13:14 +0000

Trade of the Week: SPX500_m demands proof out of Nvidia, Jackson Hole han.tan@FXTM CY CA Mon, 08/21/2023 - 09:13

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The SPX500_m, which tracks the underlying S&P 500 index, is at the mercy of two of the largest market themes of 2023 coming head-to-head this week.

US CPI to restore NQ100_m closer to 16,000?

Wed, 09 Aug 2023 09:10:58 +0000

Astute traders would have noticed some interesting price action on the NQ100_m of late.

After breaking out of an ascending triangle which was in formed from 9th June to 11th July ( 23 trading days), current price action sees NQ100_m bouncing off the support area of a bullish flag.

A flag is a short channel that usually slopes in the opposite direction of a trend, and is usually a continuation pattern.

Two potential targets for WSt30m_index

Thu, 13 Jul 2023 09:52:29 +0000

Two potential targets for WSt30m_index han.tan@FXTM CY CA Thu, 07/13/2023 - 12:52

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Tomorrow (Friday, July 14th), the US earnings season will unofficially kick off with the latest quarterly financial results out of Wall Street banking titans, namely JPMorgan, Citigroup, and Wells Fargo.

Week Ahead: US CPI Report May Rock These 3 Markets

Fri, 05 May 2023 10:09:45 +0000

Even as anticipation mounts ahead of the US jobs data due later today, investors may be bracing for more volatility in the week ahead thanks to another round of risk events.

All eyes will be on the incoming US inflation data as well as speeches from financial heavyweights and other risk events which could spark some fresh action across markets.

Monday, May 8

Week Ahead: EURUSD braced for explosive risk cocktail

Fri, 28 Apr 2023 09:39:52 +0000

If you thought the last few days were wild for financial markets, then wait until you see what’s in store for the week ahead…

Investors will be served a generous platter of risk investors ranging from pivotal major central bank meetings in the shape of the Reserve Bank of Australia (RBA), Federal Reserve (Fed), and European Central Bank (ECB).

This will be complemented with top-tier data like the US ISM and Friday’s monthly non- Read More

Week Ahead: SPX500_m braces for double whiplash

Fri, 07 Apr 2023 06:51:16 +0000

Even as we await the pivotal US jobs report due later today (Friday, April 7), while noting that US stock markets have the day off on this Good Friday, traders and investors are also keenly aware of the slate of market-moving events due over the coming week.

The incoming US inflation data as well as the Read More