Month: January 2022

Key Highlights GBP/USD rallied after it broke the 1.3500 resistance zone. A crucial bullish trend line is forming with support near 1.3610 on the 4-hours chart. EUR/USD corrected lower from the 1.1480 resistance zone. The Read more…

The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise Read more…

USDJPY reversed from support level 113.50 Likely to rise to resistance level 115.00 USDJPY currency pair recently reversed up with the clearly formed daily Hammer from the support level 113.50 (which has been reversing the Read more…

AUDNZD reversed from support level 1.0575 Likely to rise to resistance level 1.0640 AUDNZD currency pair recently reversed up from the key support level 1.0575 (low of the sideways price range, which has been reversing Read more…

The Cryptocurrency Fear and Greed Index has been cruising between 21-23 for the past seven days – in the extreme fear territory, finding itself in the middle of that range on Monday. Meanwhile, the value Read more…

The Canadian dollar could face fresh volatility when December’s CPI inflation data come out on Tuesday at 12:30 GMT. Forecasts point to another pickup and investors are highly confident that the central bank could raise Read more…

Business capacity pressures intensified in Q4. Wage and inflation pressures continued to build. Businesses plan to hire more, and to pay higher wages to do so Survey conducted pre-Omicron, but pressure growing on Bank of Read more…

The Bank of Canada Business Outlook Survey (BOS) reported elevated optimism among Canadian businesses in the fourth quarter of 2021. The BOS indicator, a statistical summary of survey results, was 5.99 in 2021Q4, up from Read more…

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