Kansas City Fed President Esther George told Bloomberg that “50 basis points is going to be an option that we will have to consider, along with other things” at the May FOMC meeting. “We have Read more…
DXY: On the H1 timeframe, prices are on bullish momentum. We see the potential for further bullish continuation from our 1st support at 99.33 in line with 23.6% Fibonacci Retracement towards our 1st resistance at Read more…
Key Highlights AUD/USD started a strong increase above the 0.7520 resistance. A key bullish trend line is forming with support near 0.7530 on the 4-hours chart. EUR/USD extended decline below the main 1.0950 support. GBP/USD Read more…
Federal Reserve Governors Lael Brainard and Esther George were on the wires today, both coming out with hawkish comments that pushed the US Dollar higher. Brainard said that “the Fed is prepared to take strong Read more…
EURJPY has rallied 1300+ pips during three weeks of March. It found a low at 124.39 on March 7, 2022 and reached a high of 137.54 on March 28, 2022. This equates to 10.57% gain Read more…
Short Term outlook in Gold (XAUUSD) suggests the decline from March 8 peak is unfolding as a double three Elliott Wave structure. Down from March 8, wave (W) ended at 1895.13 and rally in wave Read more…
Gold closed the previous week in red territory but overall maintained its wider sideways motion it has been moving within for the past months. Gold traders continue to carefully monitor economic and geopolitical developments around Read more…
USDJPY reversed from key support level 121.00 Likely to rise to resistance level 125.00 USDJPY recently reversed up with the daily Morning Star from the key support level 121.00 intersecting with the 38.2% Fibonacci correction Read more…
The NFL free agent is a major partier. Those who follow football will know that the culture around the sport can be larger than life — from drafts to the Super Bowl, fans will go Read more…
The billionaire has become the largest shareholder of the micro-blogging website. Elon Musk has ended some of the speculation surrounding his surprise Twitter (TWTR) – Get Twitter, Inc. Report investment. On Monday, the chief executive officer Read more…