Forex Opinion & Analysis
EUR/NZD Channel Break
11.09.2021
EUR/NZD Channel Break
Bearish USDX has printed an abc corrective pattern at the time of this post but is uncommitted yet to the…
Technical Analysis – USDJPY ticks up within the confines of a trading range
11.09.2021
Technical Analysis – USDJPY ticks up within the confines of a trading range
USDJPY has shoved above the 50-day simple moving average (SMA) in attempts to head towards the ceiling of a three-week…
Bitcoin And Gold Fall Bring Back Interest To The Dollar
09.09.2021
Bitcoin And Gold Fall Bring Back Interest To The Dollar
On Tuesday, the dollar added around 0.5% to a basket of the six most popular currencies on turbulence in some…
GBP Falls On U.S. Nonfarm Payrolls
09.09.2021
GBP Falls On U.S. Nonfarm Payrolls
Yesterday’s decline of the pound can be attributed to the US jobs report that was released on Friday. The reason…
RBA And UK Prime Minister’s Reversal From COVID
09.09.2021
RBA And UK Prime Minister’s Reversal From COVID
Aussie fell across the board after the RBA confirmed what many had suspected—Delaying the taper on debt purchases into February…
Gold Bumps On The 1,835 Wall; Bullish Phase Still On The Wires
08.09.2021
Gold Bumps On The 1,835 Wall; Bullish Phase Still On The Wires
Gold bulls saw their efforts falling apart around the tough resistance of 1,835 on Friday despite setting a solid foothold…
Euro Dips After Flirting With 1.19
08.09.2021
Euro Dips After Flirting With 1.19
The euro is slightly lower in the Monday session. Currently, EUR/USD is trading at 1.1861, down 0.15% on the day.…
Aussie Rally Pauses Ahead Of RBA
08.09.2021
Aussie Rally Pauses Ahead Of RBA
The Australian dollar is in negative territory on Monday, after flexing some muscle last week. AUD/USD is trading at 0.7430,…
GBP Rises Following NFP Report
08.09.2021
GBP Rises Following NFP Report
Market participants were so eager to learn the results of Nonfarm Payrolls data that they completely ignored other macroeconomic reports,…
Shifting From Fed To ECB Taper Talks
08.09.2021
Shifting From Fed To ECB Taper Talks
US Nonfarm payrolls disappointed last Friday with only 235,000 jobs created in August. The US dollar sold off in an…