NZDJPY Found Support At The Equal Legs Area & Reacted Higher
In this technical blog, we will look at the past performance of the 1-hour Elliott […]
BTCUSD Tests Upper Range of Sideways Channel
BTCUSD has been trading in a new lower sideways channel since November but a gradual […]
(BOE) Bank Rate increased to 3.5%
Monetary Policy Summary, December 2022 The Bank of England’s Monetary Policy Committee (MPC) sets monetary […]
Silver is About to Slow Down
Silver made some nice recovery recently which looks like an impulse. But, we can now […]
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 […]
SNB Jordan: We will continue to sell foreign currency if appropriate
In the post meeting press conference, SNB Chairman Thomas Jordan said that this year’s 4% […]
AUDUSD Consolidates as Rebound Falters Near 200-day SMA
AUDUSD had been stuck in a steep downtrend since early March but managed to recoup […]
WTI Futures Head North after One-year Low
WTI crude oil futures have found a strong support level at the one-year low of 70.15, sending […]
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 […]
More Shocks Coming?
Equity markets are back in the red on Thursday as investors reel from the nasty […]
SNB hikes 50bps to 100%, cannot rule out more
SNB raises the policy rate by 50bps to 1.00% as widely expected, to “countering increased […]
BoE hikes 50bps, majority expects further increases
BoE raises Bank Rate by 50bps to 3.50% as expected, by 6-3 vote. Two members, […]