Technical Analysis The USDCHF buyers tried to move higher but found willing sellers near swingarea resistance The USDCHF buyers tried to move higher on Friday/today, but found willing sellers near swing area resistance. That resistance came between 0.8815 and 0.8827. The …
Technical Analysis USD/CAD dips below key moving averages, bias shifts to the downside. Posted onDecember 11, 2023 USDCAD sellers are making a play in the early North American session. The price has moved below its 100-hour moving average and 100 day moving …
Technical Analysis Kickstart your FX trading for December 11. A technical look at EURUSD, USDJPY and GBPUSD Posted onDecember 11, 2023 The week is off and running. What are the technicals saying for the 3 major currency pairs – the EURUSD, USDJPY and GBPUSD? EURUSD: The …
Technical Analysis The GBP is the strongest while the JPY is the weakest as the NA session begins. Posted onDecember 11, 2023 The GBP is the strongest of major currencies while the JPY is the weakest. The USD is mostly higher but mostly gains can’t be attributed …
Technical Analysis Gold futures analysis: Bears take control and will drive the price to 1978 Posted onDecember 11, 2023 Gold Futures Technical Analysis: Bears Seize Gold as Price Headed to 1978 In this video technical analysis of gold futures, we delve into the key …
Central Banks China’s deflationary CPI data sends yuan to 3-week low Posted onDecember 11, 2023 The yuan dropped to its lowest in 3 weeks in Monday trade after the shockingly deflationary CPI data over the weekend: Weekend news: China CPI …
Central Banks FOMC preview and look ahead – no rate cut in March 2024 Posted onDecember 11, 2023 The U.S. chief economist at Societe Generale is not expecting Federal Reserve Chair Powell to push back too hard against expectations of 100bp or so …
Cryptocurrency Pensions giant invests US $20m into a UK crypto derivatives trading platform Posted onDecember 11, 2023 A report on the asset management arm of pensions giant M&G Plc said it had invested US$20 million into a UK crypto derivatives trading platform …
Central Banks Bank of America cautions investors on overly optimistic rate cut predictions Posted onDecember 11, 2023 A note from Friday from Bank of America strategy desk, on the Fed. Says the market has gotten ahead of itself expecting five rate cuts …
Central Banks European Central Bank’s McCaul speaking on Greece on Monday Posted onDecember 11, 2023 I suspect this will not be a market moving event. But, when speaking about Greece its best to be on alert. Participation by ECB board …
Cryptocurrency Bitcoin dropping sharply back under US $43K Posted onDecember 11, 2023 Crypto taking a hit at the start of the week here in Asia time zone: Not seeing any obvious catalyst just yet. ETH down 6% …