Aussie Climbs Despite Weak Mfg. Data
AUD/USD has posted strong gains today. In the European session, the Australian dollar is trading […]
USDJPY Consolidates after Advance Pauses, Uptrend Intact
USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to […]
USD/JPY Pair Moved into a Short-term Bearish Zone Below 149.50
The US Dollar started a fresh decline from well above the 150.00 zone against the […]
USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal
The USDJPY chart shows the formation of a global impulse trend, which consists of cycle […]
NZDUSD Shows Positive Signs above 50-day SMA in Short-term
NZDUSD rebounded off the 31-month low of 0.5510 in the mid-October. Currently, the market is […]
A Fourth 75 bps Rate Hike is a Done Deal
Markets Asia’s equity scorching rally (HK more than +5%) following unconfirmed social media reports that […]
NZD/USD Follows Rising Trend Line
The New Zealand dollar slid after the Q3 unemployment rate fell short of expectations. A […]
AUD/USD Hits Resistance
The Australian dollar softened after the RBA stuck with a mere 25 basis point rate […]
USD/JPY Seeks to Recover
The US dollar consolidates over growing expectations of a slower pace of tightening by the […]
Don’t Expect Powell to Spark a Risk Rally
Jay Powell will probably hammer the dovish hopes, and the latest risk rally when he […]
Too Early for a Fed Pivot
Market movers today Today markets will zoom in on the FOMC meeting. It is too […]
Eurozone PMI manufacturing finalized at 46.4, moved into a deeper decline
Eurozone PMI Manufacturing was finalized at 46.4 in October, down from September’s 48.4. Manufacturing Output […]