EURJPY Takes a Swift Upturn, But Risks Remain
EURJPY drifted higher after stepping on the key support trendline that comes from the March […]
GBPUSD Declines from 5-Month High, But Outlook is Sill Bullish
GBPUSD retreated from the fresh five-month high of 1.2343 that was posted on Monday, returning […]
XAUUSD: Middle Leg Of The Correction Pattern Nears Completion Level!
XAUUSD seems to be forming a large correction pattern taking the form of a cycle […]
Sentiment Hit by Rekindled Fed Hike Bets
Asian shares were under attack on Tuesday, following the negative cues from Wall Street overnight […]
GER 40 Tests Major Resistance
Equities hesitate as robust US economic activity fans fears of more rate hikes. The Dax […]
XAU/USD Struggles for Support
Gold fell back after strong US economic data boosted the dollar. A tentative close above […]
GBP/USD Pulls Back
The US dollar held its ground after service PMI remained resilient. The pair is striving […]
Dollar Caught a Break Thanks to Yield Support and Risk-off Setting
Markets “All” it took for US investors to digest Friday’s strong payrolls was a weekend […]
Elliott Wave View: USDCHF Completing 5 Waves Impulse
Short term Elliott Wave View in $USDCHF suggests that the decline from 10.21.2022 high is […]
RBA Board Raises the Cash Rate by 0.25%
Contrary to widespread expectations RBA Board retains strong tightening bias. The Reserve Bank Board lifted […]
RBA Hike Rates by 25bp, More Hikes to Follow
Summary of the RBA’s December statement: The RBA raised rates by 25bp from 2.85% to […]
ECB Lane reasonably confidence EZ close to peak inflation
ECB Chief Economist Philip Lane said in an interview, “I would be reasonably confident in […]