Could the Famous “Five-Day” Rule Reveal the Market Direction for the New Trading Year?
The start of each trading year is usually tricky for market participants as they leave […]
EUR/USD Pair Moved into a Short-Term Bearish Zone Below 1.0620
The Euro started a fresh decline from the 1.0660 and 1.0650 resistance levels against the […]
Negative Sentiment in the Markets ahead of X-mas
Market movers today Japanese inflation data for November was as expected, but at a high […]
Euro Steady on Light Data Calendar
EUR/USD continues to drift this week, content to stick close to the 1.06 line. There […]
EURGBP Gets Fresh Impetus; Tests Key Resistance
EURGBP drew bulls‘ attention after setting a nice foothold around the 0.8700 key constraining zone, […]
PCE Inflation Unlikely to Bring Festive Cheer to the Dollar
The latest stats on personal income and spending, as well as the all-important PCE inflation […]
EURJPY Plummets after BoJ Surprises, 200-day SMA Caps Losses
EURJPY had been on a steady short-term recovery before experiencing a massive decline on the […]
EUR/USD Consolidates Gains
The euro found support after ECB officials pledged to keep raising interest rates. The pair […]
BOJ Makes Surprise Change to YCC Policy
Market movers today Today, the German Producer Prices will be released for November. Consensus is […]
EUR/USD Aimed at Growth
The currency major has tested six-month highs and remains at 1.0610. By now, investors have […]
Will EURCHF Emerge Above Parity Soon?
EURCHF has been trading in a consolidative manner lately, staying slightly above the 0.9820 zone, […]
German Business Quickly Recovers from the Shock
Germany’s business sentiment index rose in December for the third month, returning to August levels […]