USD/CAD At Risk Ahead of BoC Interest Rate Decision
Key Highlights USD/CAD extended losses below the 1.3450 support. A major bearish trend line is […]
EURCHF : Euro Swiss Pair Bouncing from Weekly Blue Box
In the present article, we are going to take a look on the weekly chart […]
WTI Crude Oil Wave Analysis
WTI crude oil reversed from resistance level 96.00 Likely to fall to support level 78.0 […]
Hang Seng Index Technical Outlook: Strong Upward Momentum
Higher highs registered on the weekly charts suggests that the Hang Seng Index’s trend remains […]
S&P 500 Marks Another Underwhelming Bullish Break – What Does It Mean?
From a trader’s perspective, what should be interpreted from a market that earns a technical […]
US GDP and PCE Inflation Eyed Ahead of Fed Decision as Dollar Languishes
Investors will get the first reading on US GDP growth for the fourth quarter on […]
Fed Preview: What It Takes for the Fed to Cut Rates
Fed Preview: What It Takes for the Fed to Cut Rates The Fed looks keen […]
US PMI composite rose to 46.6, started 2023 on a disappointingly soft note
US PMI Manufacturing rose from 46.2 to 46.8 in January. PMI Services rose from 44.7 […]
Stocks Edge Lower With Earnings, PMI Data in Focus
US futures Dow futures -0.32% at 33513 S&P futures -0.36% at 4004 Nasdaq futures -0.57% […]
Choppy Trading
Equity markets are largely moving lower on Tuesday, reversing part of Monday’s gains in what […]
US 100 Index Fails to Conquer Downtrend Line and 200-day SMA
The US 100 cash index is flirting with the long-term downtrend line, taken from the […]
ECB Panetta: Beyond February any unconditional guidance would depart from data-driven approach
ECB Executive Board member Fabio Panetta said in an interview, “It was reasonable to increase […]