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Market Insight

Market Spotlight: CADJPY Correction Turns To Reversal

CADJPY Sell Off ContinuesCADJPY has been one of the best short plays of recent weeks, driven by weaker oil prices and a higher JPY. With global recessionary fears mounting as we push into the winter...

Market Spotlight: USDJPY Heavily Sold Following Powell Comments

USD Slides As Powell Greenlights Smaller December HikeThe US Dollar has come under heavy selling pressure today following a dovish set of comments from Fed’s Powell yesterday. Speaking at the...

NZDUSD, NZDCAD & GBPUSD Trade To Targets, What Next?

NZDUSD, NZDCAD & GBPUSD Trade To Targets, What Next?...

Market Spotlight: ETH Potential Double Bottom With Bullish Divergence

Weaker USD Boosts ETH With USD on the backfoot following dovish comments from Fed’s Powell yesterday, risk assets have seen a wave of demand. Better risk appetite has even found its way into the...

Technical Trade Set Ups For Meta, Microsoft & Nvidia

Technical Trade Set Ups For Meta, Microsoft & Nvidia...

Market Spotlight: USD GDP & Fed's Powell In Focus

Busy Day For USDLooking ahead today we have plenty to keep an eye on with the US ADP and JOLTS jobs data to be closely watched ahead of Friday’s headline NFP data. Alongside those readings today, we...

Market Spotlight: ADP & JOLTS In Focus Today

ADP In Focus Today Ahead of Friday’s headline US employment data (NFP, average earnings, unemployment rate), today’s ADP employment change number will be closely watched. The market is looking for...

Market Spotlight: Downside Risks for CAD Into GDP Data

CAD GDP Up NextOn the back of the recent weakness we’ve seen in CAD, Canadian GDP will be in focus today. With little expected in the way of fireworks (consensus 0.1% vs 0.1% prior) only a meaningful...

EURUSD Targeting 1.0620... MS Month End Model Update

Technical & Trade ViewEURUSDTrade ViewBias: Bullish Above Bearish below 1.0390TechnicalsPrimary support is 1.0390Primary upside objective is 1.0620Next pattern confirmation, acceptance above...