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Daily Finance News Update

Technical Analysis: GBP/AUD and GBP/CAD

November 04,2021 |

With today’s Bank of England decision on a knife-edge, the MPC faces what some are calling its “moment of truth”. Markets are pricing in a 50-60% chan...

Technical Analysis: GBP/AUD and GBP/CAD

EUR/USD and USD/JPY: How “dovish Fed tightening” impacts

November 03,2021 |

After months of “will they / won’t they”, the Fed will finally announce the start of tapering at today’s meeting. A reduction of $15bn per month with ...

EUR/USD and USD/JPY: How “dovish Fed tightening” impacts

DXY trading just below a resistance zone

November 02,2021 |

Weekly DXY: Consolidation above multiple levels of resistance We can see on the weekly chart, the widely watched Dollar Index (DXY) looks to have form...

DXY trading just below a resistance zone

Bearish momentum seen in USD/CHF and CAD/CHF

November 01,2021 |

USD/CHF falls below 200-day SMA Since poking above long-term trendline resistance from May 2019 above 0.93 in late September, sellers have been in the...

Bearish momentum seen in USD/CHF and CAD/CHF

EUR pairs plunge and test key levels

October 29,2021 |

We had a eurozone data dump earlier today with Q3 GDP expanding in line with expectations (+2.25 y/y). The flash CPI estimate surged more than expecte...

EUR pairs plunge and test key levels

EUR/JPY: Golden cross signals more potential upside to come

October 28,2021 |

The yen is at the bottom of the G10 currency pile this month. Hit by the broadly more positive risk tone, the dovish BoJ did nothing today to change t...

EUR/JPY: Golden cross signals more potential upside to come

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