EUR/USD: Larger Bulls to Stay Intact above Daily Tenkan-Sen
The Euro remains at the back foot in European trading on Friday, after Thursday’s drop […]
EUR/USD Pair Started a Fresh Increase Above 1.0650
The Euro started a fresh increase above the 1.0650 and 1.0665 resistance levels against the […]
NZD/USD Drifts Lower
The New Zealand dollar slipped after the Fed stressed on keeping the interest rates high […]
USD/CHF Attempts to Bottom Out
The Swiss franc retreated after the SNB raised its policy interest rate by 50 basis […]
Back to Economic Data With All-Important European PMI
Markets The ECB delivered a 50 bps hawkish-to-the-bone rate hike yesterday. More than a third […]
ECB is Far from Done
Market movers today Markets will continue to digest the flurry of central bank meetings yesterday […]
Xmas Mess
I should admit that I thought the major event of this week would be Federal […]
USD/JPY At Risk of More Losses, PMI’s Up Next
Key Highlights USD/JPY started a consolidation phase above the 134.50 level. A key bearish trend […]
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 […]
AUDUSD Consolidates as Rebound Falters Near 200-day SMA
AUDUSD had been stuck in a steep downtrend since early March but managed to recoup […]
USD/CAD: 1.402 Likely to Complete Global Correction Trend
The current USDCAD timeframe shows the internal structure of a large correction pattern, similar to […]
AUD/USD Tests Major Resistance
The US dollar softened after the Fed raised interest rates by 50 basis points as […]