Hi SAAYAL, thank you so much for a 5 star review. We are delighted that you had a pleasant and prompt experience at IG. We will always try to maintain this level of service in the future. All the best, A.B
Hi Staine, thank you so much for your wonderful feedback. We are delighted that you had a pleasant and prompt experience at IG. We will always try to maintain this level of service in the future. All the best, A.B
Bitcoin trades at $95,654 (-1.68%), continuing to work off overbought readings and consolidating the gains that followed its post-election rally to the $99,800 high.
Once the current period of consolidation is complete, which may include another leg lower towards $90,000 (Wave c of iv as viewed on the chart below), we expect the uptrend to resume, leading to a...
USDJPY finished lower overnight at 149.56 (-0.11%) its lowest daily close in over six weeks. The rebound in the JPY is being supported by increased expectations of a 25bp rate hike at the BoJ’s Dec meeting following a strong rise last week in the Tokyo core rate of inflation (2.2% in November, up from 1.8% in October) and after BoJ Governor Ueda said over the...
The ASX200 finished 23 points (0.28%) higher yesterday at 8417 giving back a good chunk of gains as the 3pm seller that we saw last Tuesday returned.
Nonetheless, yesterdays close above multi-week trend channel resistance, currently at 8400ish was a positive development. Provided the ASX200 can sustain the move above 8400 over the next 48 hours, it will be...
Bitcoin is trading at $94,060 (-3.92%), with the retreat from the $99,800 high viewed as a much needed pullback to work off overbought readings, rather than the start of a reversal lower or anything sinister. It also provides a reminder that markets, even crypto markets don’t move in straight lines indefinitely.
Looking ahead, the upside acceleration in Bitcoin...
WTI Crude Oil closed higher overnight at $69.17 (3.21%) on news that production at Norway’s Johan Sverdrup oilfield had been halted due to a power outage.
An escalation in European Geopolitical tensions also supported the rally after the Biden administration agreed to allow Ukraine to use US long-range missiles to strike targets within Russia.
A bullish...
In the lead-up to its earnings report on Thursday morning AEDT, Nvidia's stock pulled back 1.29% to $140.15 overnight. Expectations are high, and the market will go into the announcement positioned long, looking for a fifth consecutive quarterly earnings beat.
If Nvidia's results beat expectations, its shares could climb above $150 in the sessions ahead....
