USD/CNH falling towards 7.000, but shouldn’t break there for long
Chinese Yuan surges today and hits the highest level against Dollar since early October. The […]
GBPUSD: Consolidation Likely to Precede Push Towards 1.20 Target
Cable is consolidating under new multi-week high (1.1854) reinforced by cracked Fibo 76.4% of 1.2293/1.0348 […]
AUD/USD Pair Moved into a Bullish Zone above 0.6550
The Aussie Dollar started a decent increase from the 0.6400 zone against the US Dollar. […]
EURUSD: Bulls Taking a Breather after Biggest Weekly Rally Since March 2020
Bulls are taking a breather in early Monday’s trading following strong rally last week (up […]
A Choppy Start
It’s been quite a choppy start to the trading week, with much of the focus […]
S&P 500 Tests Resistance
The S&P 500 flies high fuelled by the Fed pivot optimism. The vertical rise above […]
EURGBP Meets Support
The pound found support from upbeat GDP in Q3. The pair has been looking to […]
USDCHF Probes August’s Low
The US dollar sank as traders reassessed the Fed’s stance in light of cooling inflation. […]
Gold Inches Below Key Resistance, But Still Shines
Gold opened with a small negative gap on Monday, pulling back below the August 25 […]
EURUSD Skyrockets to 3-Month High; Bullish Bias in Near Term
EURUSD advanced sharply to a new three-month high of 1.0363 on Friday, continuing the bullish […]
Post-CPI Market Reaction Calls an End to Very Strong Market Trends
Markets Last Thursday’s US October CPI release still dominates the debates. The relative small downward […]
Eurozone industrial production rose 0.9% mom, EU up 0.9% mom
Eurozone industrial production rose 0.9% mom in September, well above expectation of 0.1% mom. Production […]