USD Closing the Week Bullish As the Reversal Takes Shape
The USD index resumed the bullish trend again this week after some positive economic data, sending EUR/USD lower Full Article
WTI Oil Facing the 200 SMA Below $80 on Bullish Momentum After Larger EIA Inventory Drawdown
Crude Oil has been bullish for two weeks now after the $70 support zone survived and buyers are pushing toward $80 Full Article
Buying the EUR/USD Surge on ECB Lagarde’s “Significant” Rate Hike Comments
Lagarde id that the ECB will need to raise rates significantly which has turned the Euro bullish again, so we decided to buy this pair Full Article
Forex Signals Brief for December 14: Powell Leaves Markets in Doubt
The USD jumped at first after the FED raised rates by 50 bps, but then reversed back down after Powell's press conference Full Article
USD to Dive, Stocks and Gold to Rally Further on A Less Hawkish FED
Gold surged higher after the soft US inflation numbers yesterday and will likely gain more incase of a less hawkish FED Full Article
Today’s PPI And Next Week CPI Will Decide on the FED 5% Rate and Stock Markets
Today's PPI came higher than expected and if next week's CPI will be high, then stock markets will retreat as the FED will keep hiking rates Full Article
Today’s RBA Rate Hike Not Helping AUD/USD
Today the RBA delivered the eighth rate hike in a row, raising rates by 25 bps to 3.10%, but that couldn't help AUD/USD which is sliding low Full Article
Can Gold Bounce Off the 50 Monthly SMA and Turn Bullish?
Gold has been bearish since March, but the situation is building up to a bullish reversal both fundamentally and technically Full Article
GBP/USD Resumes Bearish Trend After the BOE Rate Hike
The GBP has turned bearish again despite the 75 bps rate hike from the BOE Full Article
Will the USD Turn Bearish or Keep the Bullish Run After Today’s FED Meeting?
The USD has been bullish for more than a year, but the situation might change after today's FED meeting, if they announce a slowdown Full Article
Can the 75 bps ECB Rate Hike Turn EUR/USD Bullish?
EUR/USD is heading for the 50 daily SMA and this week's ECB meeting is expected to produce a 75 bps rate hike, but will that be enough to pu Full Article
Crude Oil Heading Lower As Central Banks Continue With Rate Hikes
Crude Oil continues to remain bearish as the global economy heads into a recession due to surging prices and central bank rate hikes Full Article
USD Resumes Bullish Momentum, After A Decent US Employment Report
The unemployment rate fell by 2 points in the US during September while jobs beat expectations, which is helping the USD get going Full Article
Gold Sellers Testing MAs As Support, As USD Buyers Come Back
Gold trying to break below the 20 SMA today on the H4 chart, as sellers return, while the USD turns higher Full Article