Market News

Daily Finance News Update

EUR/USD collapses to long-term trendline support

November 22,2021 |

European lockdowns are hitting confidence in the region and its currency. Austria is good indicator for where potentially the rest of the zone is head...

EUR/USD collapses to long-term trendline support

AUDJPY bearish bias held up by SMA support

November 19,2021 |

It’s been a topsy-turvy day with risk on and off and mildly returning. Rising cases of Covid and more European lockdowns are concerning investors. Thi...

AUDJPY bearish bias held up by SMA support

USD/CAD: Bullish channel intact as oil sinks

November 18,2021 |

A key driver of the loonie is the price of oil. This is under pressure today on reports that the US has asked China, India and Japan to dip into their...

USD/CAD: Bullish channel intact as oil sinks

EUR/GBP breaks down to multi-month lows

November 17,2021 |

Surging UK inflation data this morning, coupled with a strong jobs report yesterday has sealed the deal for a rate rise by the Bank of England next mo...

EUR/GBP breaks down to multi-month lows

Technical Analysis: EUR/CAD and EUR/AUD

November 16,2021 |

EUR/CAD weekly chart shows break of long-term support This cross has been in a long-term downtrend since the start of the year. Prices fell to lows at...

Technical Analysis: EUR/CAD and EUR/AUD

GBP: Bullish data eyes a December rate hike

November 15,2021 |

This week sees the release of UK employment data tomorrow. This is followed by the latest CPI figures on Wednesday. The former is perhaps more importa...

GBP: Bullish data eyes a December rate hike

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