Weak PMI Data Set Tone for Markets
Market movers today The data calendar is relatively light today, with US capital goods orders […]
USD Holds onto Gains
USD/CHF grinds support The US dollar consolidates as market participants await the Jackson Hole Symposium […]
USDCHF Upleg Extends to 50-SMA
USDCHF is worth watching in the coming sessions as its recent upswing caught up to […]
EUR/USD Extends Losses While USD/CHF Eyes Upside Break
EUR/USD started a fresh decline below the 1.0000 support. USD/CHF is rising and might aim […]
CHFJPY Made The Rally After 3 Waves Pull Back
Hello fellow traders. In this technical article we’re going to take a look at the […]
Dollar Up on PPI Data, But Strong Enough for Breakout?
Dollar is making slight gains in early US session, buoyed by slightly better-than-expected PPI data […]
CHFJPY Pullbacks Are Expected To Remain Supported
The Elliott wave view in the CHFJPY suggests that the pair should remain supported in […]
CHFJPY Extends Rally to Record Highs
CHFJPY has been steadily marching higher this year, reaching its highest levels in at least […]
EURCHF Current Upleg Could Have Legs
EURCHF is trading sideways today, a tad above the new 2023 low of 0.9521 recorded […]
Yen Extending Fall, Markets Eye RBA and BoE, US NFP This Week
Yen extended its late last week’s slide in Asian session today, a downward trajectory that […]
Bullish Sentiment Surfaces in Asia after Fed Hike, ECB and US GDP Awaited
Asian markets are trading in positive mood today, even though US stocks were unmoved by […]
BoE to hike for sure, but by 25bps or 50bps?
BoE is widely expected to continue tightening today, though the extent of interest rate hike […]