Please try another search
As the US dollar took a bit of a breather on Wednesday after a prolonged, three-week rally, kiwi traders were positioning ahead of the Reserve Bank of New Zealand’s rate decision, monetary...
Ahead of the Bank of England’s Super Thursday, the pound has found some much needed support. It had fallen viciously for three weeks and the selling gathered pace ever since the Bank of England...
EURUSD A third bearish black crow and second close below the recent 38.2% fib of the nov 2017 – feb 2018 move at 1.1935…we’re now entering the old reverse h+s congestion 1.1550...
Thursday brings the highly anticipated Bank of England monetary policy decision. In the run-up to this decision, speculation that the central bank will remain dovish has combined with a persistently...
A negative US open did nothing to liven up Tuesday’s mind-numbing trading, with the dollar the only real winner. The Dow Jones dropped 60 points after the bell, ducking under the 24300 mark it...
The USD/CAD, which tends to move inversely with oil prices, has finally broken out above the key 1.2900/20 resistance zone after spending several days in a tight consolidation range. The breakout...
It was a dreary morning of trading, a lack of anything substantial – beyond a bit of M&A action – causing the markets to drift lower.The FTSE, which had initially mounted a charge on...
Market OverviewSo it seems as though President Trump will once more be a key factor in driving near term market sentiment. At 2pm eastern time today (19:00 BST), he will announce his decision on the...
As the US dollar started breaking out in earnest two weeks ago, many currency traders saw the dollar’s rise as long overdue, given the clear signs of climbing inflation, surging bond yields, and...
EUR/USD Decreasing EUR/USD bearish pattern started from 1.24 (19/04/2018 high) continues, currently trading at 1.1940 and heading along the 1.1935 range. The pair is currently trading at mid-January...
FX markets started the week directionless and scant motivation to pick a direction. EURUSD has already retraced gains achieved on Friday.Friday's weak headline payroll numbers (164k vs. 190k consensus...
by Vincent MivelazThe strong sell off in emerging markets started in mid-April and continues to cause havoc in the marketplace. The Argentinian central bank (BCRA) paid for it dearly, as it was forced...
Last week, as broadly expected, the Reserve Bank of Australia held the Cash Rate Target at 1.5%. Amid the release of the statement, the volatility increase temporarily as investors try to read between...
The CHF has come under heavy selling pressure against the EUR and USD in the past week. The USD has rallied on rising interest rate expectations as economic data continues to firm. While protectionist...
USD/BRL: Trend Up Bullish energy and the market would subsequently try lower. It did...for one day... forming a very significant Bull Hammer which led to a Bullish Halfway Hesitation which led to a...