AUDUSD Forms Bullish Setup
AUDUSD established a bullish setup around its 50-day simple moving average (SMA), aiming to recover […]
WTI Crude Oil Gains Some Ground Within Trading Range
WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower […]
EUR/USD: Initial Reversal Signal is Developing on Daily Chart
The Euro is holding a bit firmer footing in early European trading on Thursday after […]
XAG/USD: The Final of the Intervening Wave is Near, After Which Price May Rush Up
As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting […]
US Oil Looks to Bottom Out
WTI crude edges higher over smaller-than-expected US inventories. A bounce off the daily demand zone […]
USD/CAD Finds Support
The Canadian dollar softens as risk appetite ticks lower with US Treasury yields near one-month […]
USD/CHF Attempts to Bounce
The US dollar remains supported by Powell ‘s comment that rates will stay higher for […]
Fed President Jerome Powell Keeps Saying that Fight With Inflation is Not Done Yet
US equities fell yesterday on the back of two important factors: hawkish comments from the […]
British Pound Strengthened ahead of Bank of England Governor Bailey’s Testimony
Markets After the much-anticipated Powell interview Tuesday evening, rates momentum, especially in the US, eased. […]
Riksbank to Hike Rates by 50bp
Market movers today The delayed German January inflation figures are on the agenda today. The […]
Euro Outlook: EUR/USD, EUR/GBP May Fall as Retail Traders Boost Long Bets
The Euro has been weakening in recent days and retail traders responded by boosting long […]
ECB Villeroy can rule out recession in France
ECB Governing Council member Francois Villeroy de Galhau told France 2TV that he can “rule […]