Forex
FTSE 100: ⬆️ Buy – FTSE 100 reversed from support zone – Likely to rise to resistance level 10600.00 FTSE 100 index recently reversed up from the support zone between the key support level 10400.00 (which has been reversing the price from June), support trendline of the daily down channel from the end of July,…
Bitcoin: ⬆️ Buy – Bitcoin reversed from key support level 82000.00 – Likely to rise to resistance level 87185.00 Bitcoin cryptocurrency recently reversed up from the support zone between the pivotal support level 82000.00 (former resistance from May and the start of September) and the 50% Fibonacci correction of the upward impulse (5) from the…
US CPI and retail sales will shape Fed hike expectations. France’s fiscal crisis adds pressure on the euro and ECB. Australian jobs figures and UK data to test RBA and BoE hike bets. IMF-World Bank meetings and Q3 bank earnings may enhance volatility. Dollar Flexes Muscles Despite October Hike Fading The US dollar held relatively…
Canada’s labor market weakened sharply in September, with employment falling 68.3K, far worse than expectations for a 6.2K increase and following August’s roughly 42K decline. The drop marked a second consecutive monthly contraction, with losses split between full-time employment at 35.4K and part-time employment at 32.9K. The employment rate fell 0.2 percentage points to 60.6%,…
USDJPY edged higher on Friday but remains within 158.50/156.50 range that extends into seventh consecutive day. Range top is reinforced by 200DMA, and 50% retracement of 163.94/152.88 descend, with the base of falling daily cloud in the zone adding pressure on near-term action. On the other hand, the pair is on track for the fourth…
Tom Zhang has been promoted as head of Asia FX trading, Americas at HSBC. New York-based Zhang steps into the role after initially joining the bank in 2022 as an EMFX Asia trader. In his new position, Zhang assumes responsibility for leading Asia FX trading across Americas, spanning market making, risk management, liquidity provision and…
Dow Jones Industrial Average futures traded near 51,600, reflecting a steady posture (+0.18%) Written by: Olumide Adesina • Friday, October 9, 2026 • 1 min read • Last updated: Friday, October 9, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick…
Gold (XAU/USD) is currently trading at about $4,180.55, having risen after reclaiming the short-term moving averages… Written by: Arslan Ali Butt • Friday, October 9, 2026 • 4 min read • Last updated: Friday, October 9, 2026 Add an article to your Reading List Register now to be able to add articles to your reading…
Key Highlights USD/JPY started a fresh increase from the 156.40 support. A breakout pattern is forming with resistance at 158.40 on the 4-hour chart. EUR/USD struggled to recover and remained below the 1.1250 pivot. Bitcoin corrected some gains and might revisit $80,000. USD/JPY Technical Analysis The US Dollar remained supported above 156.40 against the Japanese…
Advertisement Nigeria’s FX Turnover Drops to $1.7bn as Spot Trading Declines Trading activity in Nigeria’s foreign exchange market fell sharply last week, as total turnover across the spot and derivatives segments dropped to $1.70 billion. Data from FMDQ showed that turnover for the week ended 2 October, 2026, fell by 35.4 per cent from…