EUR/USD: Sustained Break Above 200DMA Signals Further Advance
The Euro regained traction and jumped on Monday, generating signal that larger bulls are resuming […]
WTI Falls to 11-month Low as Sentiment Sours Further
WTI oil price fell 3% and hit the lowest levels since late December 2021, in […]
The Market Stays Cautious ahead of Jerome Powell’s Speech and the NFP Report
On Friday, the Canadian dollar was the best-performing currency among the 20 global currencies we […]
200 Day Moving Average: What it is and How it Works
The 200 day moving average is widely used by traders to identify long term trends. […]
Engulfing Candle Patterns & How to Trade Them
Learn how to use the engulfing candlestick pattern to spot reversals in the markets.
AUD/USD Pair is Currently Consolidating Losses Below 0.6700
The Aussie Dollar failed to clear the 0.6800 resistance against the US Dollar. The AUD/USD […]
Japanese Yen Technical Outlook: More USD/JPY Weakness Ahead?
The failure of USD/JPY to extend gains last week could be a warning sign of […]
RBA Lowe: Best outcome is for wages to pick up but not too much further
RBA Governor Philip Lowe told a parliamentary committee that the central bank is keeping an […]
Australia retail sales fell -0.2% mom in Oct, first decline this year
Australia retail sales turnover dropped -0.2% mom to AUD 35.02B in October, much worse than […]
Australian Dollar Blitzed by China Covid Concerns Souring Sentiment. Where to for AUD/USD?
The Australian Dollar is under pressure again after the US Dollar reclaimed the ascendency amid […]
The Big Picture – Recession with Different Undercurrents
Highlights: Various shocks challenge the global economy, with different undercurrents driving the economic outlook across […]
RBNZ Silk: The persistence factor of inflation was most surprising
RBNZ Assistant Governor Karen Silk said in an interview, “What we have seen is actual […]