As the chart shows, the Nasdaq 100 (US Tech 100 mini on FXOpen) has rebounded from its roughly 2.5-month low recorded on 21 November. At that point, bearish sentiment was driven by fears of an “AI bubble”, expectations of higher interest rates, and other news-related pressures. The recovery from that level was strong — in […]
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Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its Read more…
Key Highlights AUD/USD started a fresh increase above the 0.7200 pivot zone. A bullish trend line is forming with support at 0.7190 on the 4-hour chart. EUR/USD could gain strength if it clears 1.1800 and Read more…
Australia’s NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while Read more…