Market News

Daily Finance News Update

German Dax perks up but needs to retake resistance zone

March 11,2022 |

Risk appetite is rebounding again today after this week’s whipsaw price action. As we wrote yesterday, big rebounds are inevitable during times of hig...

German Dax perks up but needs to retake resistance zone

EUR/USD bounce fails ahead of 1.11 and major risk events

March 10,2022 |

The huge risk-on move seen yesterday in markets looks fragile. Big rebounds are inevitable during times of high uncertainty and volatility. And previo...

EUR/USD bounce fails ahead of 1.11 and major risk events

EUR/JPY rebounds strongly as geopolitical tensions ease for now

March 09,2022 |

It’s very much risk-on today as assets hammered by the Ukrainian conflict retrace some of their losses. Whether the better sentiment lasts is the main...

EUR/JPY rebounds strongly as geopolitical tensions ease for now

USD/JPY bulls look for an upside break of ascending triangle

March 08,2022 |

USD/JPY appears to be forming an ascending triangle, which is a major continuation pattern. Prices should typically break out in line with the dominan...

USD/JPY bulls look for an upside break of ascending triangle

Gold tops $2,000 and pulls back, where now?

March 07,2022 |

Gold, the ultimate safe haven asset, made a new cycle high at $2,002 earlier today. Investors sought the refuge of the precious metal, “the currency o...

Gold tops $2,000 and pulls back, where now?

Cable bears attempt a new break lower towards 1.32

March 04,2022 |

The pound has suffered this week even though it is faring better than its battered European counterparts like the euro and Swedish krona. Indeed, EUR/...

Cable bears attempt a new break lower towards 1.32

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