Month: October 2022


31
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous USD Forex analysis click here Technical Analysis FOREX ANALYSIS: AUDUSD – Down-trending. Time for a retrace move? Price reversed around the longer-term moving average, as suggested in our last analysis. AUDUSD is down-trending but price is starting to look over-extended, suggesting a potential bullish retrace move. The moving averages are …
27
Oct
What’s happening this month? 1. UK’s got the shortest serving PM On October 20, U.K. Prime Minister Liz Truss announced her resignation after just 44 days in office, making her the shortest-serving prime minster in British history. Truss was forced last week to sack her then chancellor, Kwasi Kwarteng, for …
20
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous indices analysis… Click here *High inflation and the potential of a worldwide 2023 recession are weighing on global stock markets* *If a deep global recession crystallises, global stock markets could move much lower* STOCK INDEX ANALYSIS: AUS200 – Down-trending. Potential indecision? As suggested in our previous stock index …
19
Oct
Posted BySamuel Morton Category Daily FX Analysis
Our previous crypto analysis, click here CRYPTO SUMMARY The cryptocurrency markets are looking indecisive but are showing signs of potential upside. CRYPTO ANALYSIS: BITCOIN – Indecision. Possible upside? As suggested in our previous analysis, BTCUSD has been moving sideways. The weekly time-frame is showing lower swing highs and lower swing …