• First light news: Yields spike higher; BTC clocks fresh all-time high

    First light news: Yields spike higher; BTC clocks fresh all-time high

    • May 22, 2025

    Good morning, Bond markets in focus Market sentiment took a hit yesterday, weighed by a weak 20-year US Treasury auction sale amid concerns regarding the US spending bill. Once again, US Treasury yields bear steepened, spiking higher across the curve and served as the main driver of the day. The 10-year benchmark yield hit 4.60%,

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  • The pattern pulse – 21 May 2025

    The pattern pulse – 21 May 2025

    • May 21, 2025

    The FP Markets research team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD resistance calls for attention Daily timeframe: Following the EUR/USD (euro versus the US dollar) trading within striking distance of a head and shoulders top pattern’s profit objective at US$1.1049, bulls went on the offensive. Consequently, as

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  • Index and Commodities Trading week beginning 19 / 05 / 2025

    Index and Commodities Trading week beginning 19 / 05 / 2025

    • May 18, 2025

    XJO WEEKLY     Price structure: Bullish continuation The S&P/ASX 200 Index (XJO) recently saw a bullish retest of the 8083 support level, indicating consolidation. This level has been closely watched by traders, and the market’s ability to hold above it suggests continued upward momentum. The index has been displaying strong buyer dominance, with a breakout above

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  • The Pattern Pulse – 14 May 2025

    The Pattern Pulse – 14 May 2025

    • May 14, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/GBP sellers could continue to dominate Monthly and daily timeframes: Following price action rejecting monthly trendline resistance (extended from the high of £0.9504), with room to continue south until monthly support at £0.8229-£0.8315, EUR/GBP (euro versus the

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  • Index and Commodities Trading week beginning 12 / 05 / 2025

    Index and Commodities Trading week beginning 12 / 05 / 2025

    • May 11, 2025

    XJO WEEKLY     Price structure: Bullish retest The S&P/ASX 200 Index (XJO) has set a short-range trading week, with a retest of the 8083 support level mid-week. This suggests that the market is consolidating, with traders closely watching whether this level will hold or break. A retest of 8083 is particularly significant because market participants are

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  • Index and Commodities Trading week beginning 05 / 05 / 2025

    Index and Commodities Trading week beginning 05 / 05 / 2025

    • May 4, 2025

    XJO WEEKLY     Price structure: Bullish break The XJO has broken above the critical support – resistance level of 8083, signalling strong bullish momentum. This breakout confirms buyer dominance, as the index has surpassed a key technical barrier that had the potential to cap upward moves. The expanded weekly range low to high further supports this

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  • Bitcoin bulls are on the offensive; is a correction ahead?

    Bitcoin bulls are on the offensive; is a correction ahead?

    • April 28, 2025

    Monthly bullish outside candle Versus the US dollar (USD), Bitcoin (BTC) is poised to snap a two-month decline and pencil in a bullish outside candle on the monthly chart (textbook engulfing candles focus on the candle’s real bodies rather than upper/lower wicks). Additionally, it is important to observe that the Relative Strength Index (RSI) failed

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  • Week ahead: Tariffs and US Data in the spotlight

    Week ahead: Tariffs and US Data in the spotlight

    • April 27, 2025

    Where we were It was a holiday-shortened week for many in the markets, as most financial centres closed their doors in observance of the Easter weekend. Despite this, and while everything could change with a social media post, there was a noticeable softening in the stance on trade between the US and China. As things

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  • Index and Commodities Trading week beginning 28 / 04 / 2025

    • April 27, 2025

    XJO WEEKLY Price structure: Bullish The a-b-c corrective movement has now reached completion. The 7632 level, which held firmly as support 3 weeks ago, proved to be a significant juncture in the market. This pivotal point has strengthened the foundation for potential upward momentum, underscoring its critical role in the overall price structure. As a

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  • The Pattern Pulse – 24 April 2025

    The Pattern Pulse – 24 April 2025

    • April 24, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Question mark on monthly resistance level for EUR/USD With the US dollar (USD) poised for lower terrain, this could underpin the euro (EUR) and call into question the reliability of resistance at US$1.1457 on the EUR/USD. If

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  • Index and Commodities Trading week beginning 21 / 04 / 2025

    Index and Commodities Trading week beginning 21 / 04 / 2025

    • April 20, 2025

    XJO WEEKLY     Price structure: Inside range The Index has established a defined trading range after rebounding sharply from the 7200-point lows. This inside range suggests a period of consolidation, where market participants are assessing the strength of the recovery and determining the next direction. Investors may be closely watching for a breakout higher from this

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  • The Pattern Pulse – 17 April 2025

    The Pattern Pulse – 17 April 2025

    • April 17, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Despite long-term support, the dollar is eyeing deeper waters Monthly, Daily and H4 Timeframes: Although the US Dollar (USD) Index has connected with a monthly support area between 98.72 and 99.67, April’s lower low at 99.01 reached

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