EURCHF Completes Symmetrical Triangle
EURCHF remained on the sidelines on Thursday following the ECB policy announcement, completing a symmetrical […]
ECB hikes 50bps, expects to raise rates further
ECB raises the three key interest rates by 50bps today as expected. The main refinancing, […]
BoE Split in Decision to Hike by 50 bps
The Bank of England has followed the footsteps of the US Federal Reserve by hiking […]
NZDJPY Found Support At The Equal Legs Area & Reacted Higher
In this technical blog, we will look at the past performance of the 1-hour Elliott […]
BTCUSD Tests Upper Range of Sideways Channel
BTCUSD has been trading in a new lower sideways channel since November but a gradual […]
BoE hikes 50bps, majority expects further increases
BoE raises Bank Rate by 50bps to 3.50% as expected, by 6-3 vote. Two members, […]
Silver is About to Slow Down
Silver made some nice recovery recently which looks like an impulse. But, we can now […]
US Dollar Index Outlook: Dollar Gains Traction on More Hawkish than Expected Fed
The dollar index rose in early Thursday as the greenback regained traction after more hawkish […]
SNB Jordan: We will continue to sell foreign currency if appropriate
In the post meeting press conference, SNB Chairman Thomas Jordan said that this year’s 4% […]
AUDUSD Consolidates as Rebound Falters Near 200-day SMA
AUDUSD had been stuck in a steep downtrend since early March but managed to recoup […]
WTI Futures Head North after One-year Low
WTI crude oil futures have found a strong support level at the one-year low of 70.15, sending […]
US retail sales down -0.6% mom in Nov, ex-auto sales down -0.2% mom
US retail sales dropped -0.6% mom to USD 689.4B in November, worse than expectation of […]