Latest Posts
EURUSD Holds at Technical Support

EURUSD Holds at Technical Support

The euro continues to extend declines amid a resurgent greenback. Price action extended declines from Monday, following the break down near the trend line. This led to the euro ...

READ MORE +
Fed’s First Rate Hike Can Happen Earlier Than You Expect, Hints Evans

Fed’s First Rate Hike Can Happen Earlier Than You Expect, Hints Evans

Us Futures Steadily Recover on Wednesday Thanks to Rush Impatient Buyers Which Ignore the Risk of Deeper Drawdown. The Rally Is a Bit Cautious but Bot...

READ MORE +
Pfizer On Course to Get First Vaccine Results

Pfizer On Course to Get First Vaccine Results

Shares in US pharmaceutical firm Pfizer are trading almost 1% higher pre-market on Wednesday. Pfizer and its German partner BioNTech have been working on a COVID vaccine. They ...

READ MORE +
EUR/USD Continues to Decline on Coronavirus Fears, Disappointing Eurozone Indicators

EUR/USD Continues to Decline on Coronavirus Fears, Disappointing Eurozone Indicators

EUR/USD continued to decline today. Market analysts speculated that the decline was a result of coronavirus fears and today’s macroeconomic releases in the eurozone, some of which ...

READ MORE +
Boe Governor Makes U-turn on Negative Rates

Boe Governor Makes U-turn on Negative Rates

Gbp Traders Have Seen Plenty of Volatility This Week With Gbp Sinking Lower Over the First Half of the Week. The Sell-off Comes Despite the Governor O...

READ MORE +
USDCNH Correction Hints At 5-Wave Impulse

USDCNH Correction Hints At 5-Wave Impulse

The current USDCNH structure shows an a-b-c zigzag, with waves a and c being 5-wave impulses. Bearish correction b has recently completed as a zigzag consisting of sub-waves ...

READ MORE +
Uk Pm Announces New Covid Restrictions

Uk Pm Announces New Covid Restrictions

The British Pound Has Come Under Heavy Selling Pressure This Week as the Country Prepares for the Start of the New Set of Covid-19 Restrictions Announ...

READ MORE +
GBPAUD Bears Eye Yearly Lows

GBPAUD Bears Eye Yearly Lows

GBPAUD has remained on a bearish footing from the yearly highs achieved in March. The recent bearish divergences on the momentum indicator hint at further downside. Currently, the ...

READ MORE +
Daily Market Outlook, September 23, 2020

Daily Market Outlook, September 23, 2020

Asian Equity Market Is Mostly Higher This Morning Following Yesterday’s Modest Gains in Europe and the Us. The New Zealand Central Bank Left Interest ...

READ MORE +
Powell Warns Congress Over Further Stimulus

Powell Warns Congress Over Further Stimulus

Pelosi-Mnuchin Finally Reach Agreement The US index closed 0.44% higher on Tuesday as it rose above 94 for the first time since July. The ascension on the greenback was buoyed as ...

READ MORE +