Trade Idea: Breakdown of Major Pairs
Even though we’ve only witnessed sluggish movements from the Dollar over the past few weeks, […]
Traders Await FOMC Minutes to Learn About Fed’s Outlook on Monetary Policy
On Tuesday, the Swiss franc was the best-performing currency among the 20 global currencies we […]
USDJPY Trades Flat as Latest Rebound Falters
USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to […]
NZDUSD Needs to Surpass 0.6200 for More Bullish Actions
NZDUSD is testing the 0.6200 psychological mark once again after it broke the long-term descending […]
No Recession, But Slow and Low Growth
The OECD said the global economy will avoid a recession this year, and next year, […]
EU Proposes Gas Price Cap
Market movers today The most important data releases today will be the November Flash PMIs […]
Stocks Rise with Fed Speakers in Focus
US futures Dow futures +0.47% at 33723 S&P futures +0.5% at 3964 Nasdaq futures +0.45% […]
GBPUSD Within Tight Range after Advance Pauses Near 1.2000
GBPUSD has been stuck in a prolonged downtrend since the beginning of the year, plummeting […]
Oil Prices Whipsawed With Swings of More Than 6%
Markets The by far most eyepopping market move yesterday happened in oil. Prices whipsawed with […]
GBP/USD Could Resume Upsides Unless It Breaks This Support
Key Highlights GBP/USD climbed higher and tested the 1.2000 resistance zone. A major bullish trend […]
Currency Pair of the Week: EUR/USD
The week started off on the right foot for European data this week, although it […]
The Last Frontier for USD and Gold
Suddenly, the US Dollar Index fell 6.70% over the last two weeks, marking the biggest […]