The (EURUSD) appears to be gearing up to complete the 2 week plus Bull Flag consolidation and retest the psychologically key 1.05 whole figure level before the weekend. With the EURUSD comfortably above...
The (EURUSD) is trying to gain for a 3rd straight day, nearly complete on the Bull Flag consolidation of the past week after forming a fresh November high. Odds are elevated for a test of the psychologically...
The (EURUSD) is consolidating after the strong bounce from the 2022 low (in September). Although the EURUSD is vulnerable today to a bit more healthy profittaking, odds are elevated for a weekly close...
The (EURUSD) is consolidating after the strong bounce from the 2022 low (in September), and is at risk of seeing more healthy profittaking today as it bumps up against downchannel resistance (on the weekly...
Wall Street had a great July. Some events like corporate earnings, greenback movement, oil prices' prognosis and inflationary trends will decide the market momentum in August.
The European Central Bank has raised interest rates by 50 bps to 0.5% (more than expected).
As the global economy is burdened with inflationary threats, let's take a loot what currency ETFs won and what lost.
The (EURUSD) has broken the daily chart triangle/uptrend support, and is increasingly vulnerable to a retest of the psychologically key 1.05 whole figure level by early next week. Nevertheless, the EURUSD...
The (EURUSD) is forming its 2nd straight green weekly candle, and has arguably halted its downtrend (on the weekly chart). With the EURUSD trying to bounce off uptrend support (on the 4hr chart), odds...
As the greenback has been rising due to the super-hawkish monetary policies in the United States, many foreign currencies are slumping. But international stocks are cheaper than the U.S. ones. Hence, currency-hedged...
