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Diego Colman

Nasdaq 100 Pulls Off Epic Breakout, Rockets to New 2023 Highs, Defying Gravity

NASDAQ 100 TECHNICAL FORECAST:Nasdaq 100 breaks above main technical resistance at 13,740 and rises to its greatest degree since April 2022Whereas the technical backdrop seems to be constructive, the market seems stretched and...

Crude Oil Market Outlook Darkened by Debt Ceiling Debacle and Recession Dangers

CRUDE OIL FORECAST:Oil costs fall for the fourth straight week, an indication bears stay on the steering wheelRising recession dangers, along with the U.S. debt ceiling deadlock are prone to weigh on vitality...

Gold Costs Veer Off Bullish Path as US Greenback Companies however Outlook Nonetheless Upbeat

GOLD PRICES OUTLOOK:Gold costs retreat modestly heading into the weekend, undermined by U.S. greenback energy and rising U.S. yieldsRegardless of the valuable metallic’s subdued efficiency this week, the medium-term outlook stays constructiveThis text...

EUR/USD Bashed by Threat Aversion, S&P 500 Fumbles however Google Cushions Weak point

EUR/USD AND S&P 500 FORECAST:EUR/USD slides on risk-off sentiment, testing a key technical assist close to the psychological 1.0900 stageThe S&P 500 additionally loses floor, however Alphabet’s strong rally cushions market weak pointThis...

Fed Raises Charges by Quarter Level, Indicators Pause in Mountain climbing Cycle

FED DECISION KEY POINTS:The Fed votes to lift its benchmark fee by 25 foundation factors to a variety of 5.00% to five.25%, a transfer broadly according to market expectationsThe choice to push forward...

USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200

USD/JPY TECHNICAL ANALYSISThe U.S. greenback rallied initially of the week, bolstered by surging U.S. Treasury yields following the discharge of the U.S. ISM manufacturing report, which confirmed a bounce within the employment and...

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