CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.8% of retail investor accounts lose money when trading CFDs.

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AUDUSD focus on RBA interest rate decision Markets will focus on the RBA interest rate decision, US labour market data and a busy corporate earnings calendar. Economic data: The main US releases are the September JOLTS job openings report and factory orders, providing further insight into labour market conditions and business activity. October vehicle sales will also offer a snapshot of US consumer demand. Elsewhere, attention will turn to Swiss inflation, New Zealand employment figures and Japan's monetary data. Central banks: The RBA

by Trade Nation

Gold oversold bounce back resistance at 4076 Gold continues to trade within the broader prevailing trend, with recent price action showing signs of an oversold bounce back.. Key Level: 4076 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 4076 If price remains below 4076, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 3865– Near-term support 3803 – Intermediate

by Trade Nation

EURGBP key trading levels ahead of ECB rate decision EURGBP continues to trade within the broader prevailing trend, with recent price action showing signs of an extension to the downside. Key Level: 0.8390 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 0.8390 If price remains below 0.8390, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 0.8350– Near-term support 0.8320

by Trade Nation

USDJPY, Fed's decision is likely to be the main driver.Today's session is dominated by central bank decisions, major technology earnings and the UK Autumn Budget. Central Banks: The Federal Reserve, Bank of Canada and Reserve Bank of New Zealand announce their latest policy decisions. Markets will focus on interest-rate guidance, inflation risks and signals on the outlook for monetary easing. The Fed's decision is likely to be the main driver of global market sentiment, influencing the US dollar, Treasury yields, gold and equity markets. Economic

by Trade Nation

EURUSD Key points to watch today Economic Data and Central Banks Today's focus is on US consumer confidence, manufacturing activity, durable goods orders and new home sales. The Conference Board Consumer Confidence Index will provide insight into household sentiment and spending, while the Richmond Fed manufacturing index and Dallas Fed services activity will offer further clues about the health of the US economy. September durable goods orders and new home sales will provide additional evidence of business investment and hous

by Trade Nation

GBPUSD breakout retest supported at 1.3310 The GBPUSD currency pair price action sentiment appears Bullish, supported by the current rising trend. The recent intraday price action appears to be a breakout consolidation. The key trading level is at 1.3310 level, the previous consolidation price range. A corrective pullback from the current levels and a bullish bounce back from the 1.3310 level could target the upside resistance at 1.3430, followed by the 1.34890 and 1.3550 levels over the longer timeframe. Alternatively, a confirmed l

by Trade Nation

Bitcoin uptrend sideways consolidation support at 79,396 The BTCUSD price action sentiment appears Bullish, supported by the current rising trend. The recent intraday price action appears to be a sideways consolidation. The key trading level is at the 79,396 level, the previous consolidation price range. A corrective pullback from the current levels and a bullish bounce back from the 79,396 level could target the upside resistance at 83,990, followed by the 86,378 and 88,513 levels over the longer timeframe. Alternatively, a confirmed loss of the 7

by Trade Nation

EURUSD direction - US and eurozone data EUR/USD traders will focus on US economic data and comments from ECB officials for direction. US initial jobless claims, the leading economic index and Kansas City Fed manufacturing data will provide clues about the strength of the US economy. Stronger-than-expected data could support the US dollar and push EUR/USD lower. Weaker figures could pressure the dollar and support the euro. In Europe, eurozone consumer confidence and French business confidence will provide an indication of economic m

by Trade Nation

FTSE100 UK inflation is the main focus today UK inflation is the main focus for markets today. Higher-than-expected inflation increases the risk that the Bank of England will keep interest rates elevated for longer. This could put pressure on UK shares, particularly property companies and other interest-rate-sensitive sectors. Comments from BoE Governor Andrew Bailey could provide further clues about the outlook for interest rates. Public-finance figures and UK house-price data will also offer insight into the strength of the economy. Gl

by Trade Nation

NSDQ100, economic data and company earnings Today’s trading session focuses on US housing data, UK labour-market figures, European economic sentiment and a busy corporate earnings calendar. In the US, Philadelphia Fed non-manufacturing activity, building permits, housing starts and pending home sales will provide further insight into economic momentum and the strength of the housing market. Stronger-than-expected figures could support the US dollar and Treasury yields, while weaker data may increase expectations of monetary easing and su

by Trade Nation

USDCAD ahead of Canadian inflation data Markets will focus on China’s GDP, Canadian inflation and comments from central bank officials. China’s GDP, retail sales and industrial production will provide clues about the strength of its economy. Strong data could support oil prices and other commodities, while weaker figures may increase concerns about global growth. Canada’s CPI inflation will be important for the Canadian dollar. Higher inflation could reduce expectations for interest-rate cuts, while softer inflation could put pressu

by Trade Nation

USDJPY - US and Japanese interest-rate expectations Markets will focus on US economic data and comments from major central bank officials. US industrial production, capacity utilisation and services activity will provide fresh insight into the strength of the economy. Import and export prices will also be important for assessing inflation pressures. Federal Reserve Chair Kevin Warsh’s comments will be closely watched for clues about future interest rates. A hawkish tone could support the US dollar and put pressure on gold, while weaker economic

by Trade Nation

Gold oversold bounce capped at 4250 resistance Gold continues to trade within the broader prevailing trend, with recent price action showing signs of an oversold rally pattern developing. Key Level: 4250 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 4250 If price remains below 4250, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 4070– Near-term support 4015 – I

by Trade Nation

WTI Crude Oil Bullish continuation breakout WTI Crude Oil continues to trade within the broader prevailing trend, with recent price action showing signs of a bullish continuation pattern breakout phase. Key Level: 9237 This area previously acted as a consolidation zone and is currently being monitored as a notable support level. Scenario Above 9237 If price remains above 9237, market structure may continue to reflect near-term upside pressure. In this context, the following levels may act as reference resistance areas: 9845 – Initial r

by Trade Nation

DAX40 resistance at 25530 Dax40 continues to trade within the broader prevailing trend, with recent price action showing signs of an oversold rally pattern developing. Key Level: 25530 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 25530 If price remains below 25530, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 25164– Near-term support 249

by Trade Nation

DowJones oversold bounce back capped at 52086 DowJones continues to trade within the broader prevailing trend, with recent price action showing signs of an oversold rally pattern developing. Key Level: 52086 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 52086 If price remains below 52086, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 50950– Near-term support

by Trade Nation

Gold cautiously bullish above 4076 support Today’s main focus is the US University of Michigan consumer sentiment survey, which could influence expectations for Federal Reserve interest rates. ECB speakers, Canadian employment data and Norway’s inflation figures are also due. Delta Air Lines earnings may offer insight into consumer demand and economic conditions. For gold, weaker US sentiment and lower inflation expectations could weaken the US dollar and support prices. Stronger data or rising inflation expectations could strengthen th

by Trade Nation

NSDQ100 supported at 30524 Today’s trading focus will be on US jobless claims, central-bank comments and the US 30-year Treasury bond auction. US jobless claims will give further clues about the strength of the labour market. Stronger data could support the US dollar and push Treasury yields higher. Weaker data could have the opposite effect. The ECB meeting account and comments from ECB officials will be important for the euro. BoE speakers and UK credit data could also create volatility in sterling. The US 30-year bo

by Trade Nation

EURUSD Bearish below 1.1290 resistance Key Support and Resistance Levels Resistance Level 1: 1.1290 Resistance Level 2: 1.1320 Resistance Level 3: 1.1360 Support Level 1: 1.1150 Support Level 2: 1.1110 Support Level 3: 1.1050 The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted

by Trade Nation

GBPUSD bearish below 1.3300 resistance GBPUSD continues to trade within the broader prevailing trend, with recent price action showing signs of a corrective pullback phase. Key Level: 1.3300 This area previously acted as a consolidation zone and is currently being monitored as a notable resistance level. Scenario Below 1.3300 If price remains below 1.3300, market structure may continue to reflect near-term downside pressure. In this context, the following levels may act as reference support areas: 1.3167– Near-term support 1.3125

by Trade Nation

Gold sensitive to US data, the dollar and treasury yields Gold is trying to stabilise after the recent decline. Today’s main focus will be the US September ISM manufacturing index and initial jobless claims. Stronger US data could push the dollar and Treasury yields higher, which would put pressure on gold. Weaker data could support gold by reducing expectations for further Fed rate increases. Several Fed officials, including Barkin, Collins, Schmid, Cook and Logan, are speaking. Their comments on inflation, interest rates and the economy could creat

by Trade Nation

DowJones, Inflation, Employment, Fed comments The Dow Jones is likely to remain sensitive to today’s US economic data and movements in Treasury yields. The main focus will be the August PCE inflation report, personal income and consumer spending. These figures should give markets a clearer view of inflation and consumer strength. The September ADP employment report and Chicago PMI will also be watched closely for signs of whether the US economy is slowing or remaining resilient. Several Fed officials, including Barkin, Cook, Goolsbee and K

by Trade Nation

USDJPY data driven, hawkish Fed, US yields USDJPY remains focused on US economic data and Federal Reserve comments today. The main events are US consumer confidence, JOLTS job openings and speeches from Fed officials Goolsbee and Williams. Stronger US consumer confidence or higher JOLTS job openings would support the US dollar by reducing expectations for weaker US interest rates. This could push USDJPY higher. Weak US data could have the opposite effect, putting pressure on the dollar and USDJPY. US Treasury yields will also be import

by Trade Nation

FTSE100 sideways consolidation support at 10,660 Markets are likely to focus on US economic data, central-bank comments and inflation signals from Japan and China. US: The Dallas Fed manufacturing report will give a fresh reading on the health of the US manufacturing sector. A stronger result could support the dollar and Treasury yields, while a weak figure could increase expectations for lower rates. Central Banks: Fed’s Barkin is likely to attract attention for comments on inflation and future interest rates. ECB President Lagarde and Pere

by Trade Nation