EUR/USD, “Euro vs US Dollar” EUR/USD is moving within the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The
Category: Analysis
GBP rally as a signal that the worst of the markets is over
GBPUSD is trading near 1.2560, having added 3.3% to the monthly lows of May 13. We see a smooth recovery in the Pound from those lows, which
Has the dollar reversed to a decline?
The dollar in the foreign exchange market is correcting some of the gains of the past three months. The dollar index has retreated below 103 after touching
The commodities feed: Wheat jumps after India restricts exports
Energy ICE Brent started the week on a soft note as weaker economic data from China weighed on sentiment, with Covid-related lockdowns slowing economic activity
Targets: EUR/USD vs US Dollar Index, WTI vs Brent, S&P 500 vs Nasdaq 100
SPX achieved target at 4068 then not written was the reversal from 4068. Overall, SPX was a 50 ish point trade from the very basics.
Intraday market analysis: USD hold onto recent gains
USD/CHF grinds higher The US dollar consolidates its gains as traders ponder whether inflation has peaked. A close above the parity, last seen in November 2019 indicates
Crypto and tech bounce back, Europe set for a positive week
Europe For those of a superstitious nature, and after the week we’ve seen in equity markets, perhaps a hint of apprehension wasn’t surprising as we
Gold fails essential support, but the bulls still have a chance
A sell-off in the equity market and a new wave of flight to the dollar on Thursday provided the perfect combination to knock out gold, which
Elliott Wave analysis: EUR/USD breaking down from a triangle
Stocks are trading down sharply, after the US CPI data yesterday when numbers above expectations were enough for speculators to sell stocks and buy the
GBP/USD Forecast: Near-term technicals turn bullish
GBP/USD has gained traction following Tuesday’s choppy action. The pair could extend its recovery in case 1.2400 turns into support. Markets remain cautiously optimistic ahead