Forex Opinion & Analysis
EUR/USD: A Higher Low More Likely
17.09.2021
EUR/USD: A Higher Low More Likely
EUR/USD Daily Chart. – Yesterday was a big bear day for EUR/USD, closing in its bottom third, but just 3…
Week Ahead – Fed to headline jam-packed week for central banks
17.09.2021
Week Ahead – Fed to headline jam-packed week for central banks
The Federal Reserve is widely expected to give its clearest signal yet next week that tapering is just around the…
Euro Crippled By Bleak EU Prospects In Winter
17.09.2021
Euro Crippled By Bleak EU Prospects In Winter
Europe is overwhelmed by a panic in the face of a full-blown energy crisis. Natural gas prices in Europe have…
GBP May Receive Chance To Advance
16.09.2021
GBP May Receive Chance To Advance
Yesterday, the trading day began with a significant rise in the pound sterling despite a disappointing report on the UK…
Aussie Gets No Break
16.09.2021
Aussie Gets No Break
The Aussie remains the weakest currency of the week, especially amid more signs of slowdown from China. The latest wave…
U.S. Indices Get Support On A Downturn, But Asia And Europe Sticking To Profits
16.09.2021
U.S. Indices Get Support On A Downturn, But Asia And Europe Sticking To Profits
Caution is an investor’s best friend these days. US indices were supported the night before after the S&P 500 touched…
Will Retail Sales Help Or Hurt USD?
16.09.2021
Will Retail Sales Help Or Hurt USD?
The U.S. dollar extended lower against most of the major currencies on Wednesday despite a stronger Empire State manufacturing survey. According…
EUR/USD: Tight Trading Range
15.09.2021
EUR/USD: Tight Trading Range
Yesterday EUR/USD triggered a High 2 bull flag buy signal, but Monday had a bear body and it followed a…
GBP/USD Range Trade
15.09.2021
GBP/USD Range Trade
Bullish USDX is headed up at the time of this post. Currently we are at 1.3819. We are looking for…
Technical Analysis – NZDUSD edges across 38.2% Fibonacci around 0.71
15.09.2021
Technical Analysis – NZDUSD edges across 38.2% Fibonacci around 0.71
NZDUSD is creeping sideways along the 0.7100 level, which happens to be surrounded by the 100- and 200-day simple moving…