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 […]
US Dollar 2023 Outlook
Over the last year, the dollar saw an extended period of strength, but turned around […]
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 […]
USDCAD Moves Sideways in a Tight Range
USDCAD has been moving sideways over the last three weeks within a tight range with […]
GBP/USD Seeks Support
The pound continued lower as Britain’s Q3 GDP failed to impress. A bearish MA cross […]
Negative Sentiment in the Markets ahead of X-mas
Market movers today Japanese inflation data for November was as expected, but at a high […]
USD/JPY Upsides Could Be Capped Despite Rise In US GDP
Key Highlights USD/JPY found support near the 130.55 zone and corrected higher. It could struggle […]
USD/CHF Tests Critical Floor
The US dollar steadies as consumer confidence climbed to an eight-month high in December. Still, […]
USD/CAD Hits Resistance
The Canadian dollar softened as November’s inflation reading showed signs of slowing down. On the […]
USD/JPY Pair is Currently Consolidating Losses from 130.56
The US Dollar started a fresh decline from the 138.00 resistance zone against the Japanese […]
Dollar Could Rebound as DXY Tests Major Support
The US dollar fell sharply against the yen on the back of the BoJ surprise, […]
NZDUSD Wave Analysis
NZDUSD reversed from key resistance level 0.6440 Likely to fall to support level 0.6250 NZDUSD […]