EUR/USD Technical Outlook: Tough Barrier Ahead
The Euro is running into pretty strong resistance that could at least temporarily stall the […]
The US Dollar Finds Firmer Footing After Fed Clarification. Has the DXY Index Peaked?
The US Dollar clawed back some ground today the Fed’s Waller hit the wires over […]
BoJ Kuroda: Should continue with monetary easing
BoJ Governor Haruhiko Kuroda said in a speech that Japan’s situation “differs” from both the […]
Pound Traders Turn Gaze to UK Inflation Data and Budget Announcement
Despite the UK economy contracting by less than expected in Q3, investors continued to scale […]
EUR/USD Started Strong Recovery, Dollar Takes Hit
Key Highlights EUR/USD started a steady increase above the 1.0200 resistance. It broke many hurdles […]
USDCAD Perfect Reaction from Blue Box Area
Good day Traders and Investors. In today’s article, we will look at the past performance […]
USD/CNH Technical Outlook: Short-Term Pullback to Continue?
USD/CNH’s fall below key support seems like confirmation that upward pressure has faded in the […]
AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Aug 15, 2022 when AUD/USD traded near 0.70.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
US Dollar Technical Forecast for the Week Ahead
The Dollar sell-off following Friday’s CPI number has the DXY running lower towards the 200-day […]
Japanese Yen Technical Outlook: Is the USD/JPY Rally Done?
A sharp slide last week has raised the odds of an interim top in USD/JPY. […]
Fed Waller: Start paying attention to the endpoint, not the pace
Fed Governor Christopher Waller said over the weekend, “we’re at a point we can start […]