Markets The core bond yield rally dwindled in European morning trading. Yields were even down a few bps before finding a bottom already around noon. Rates were more or less flat when European investors met Read more…
Silver has completed a 2-month round trip. The bears managed to take over the market and push it down to 19.88, only for the bulls to react forcefully during March. And we are back at the lower Read more…
The Euro extends steep recovery into third straight day, lifted by renewed risk appetite on easing fears of deeper crisis in banking sector. Strong bullish acceleration has so far retraced over 61.8% of last week’s Read more…
The Euro extends steep recovery into third straight day, lifted by renewed risk appetite on easing fears of deeper crisis in banking sector. Strong bullish acceleration has so far retraced over 61.8% of last week’s Read more…
The Australian dollar is trading at 0.6670 in Europe, down 0.57%. Australian inflation was lower than expected, raising speculation that the Reserve Bank of Australia might pause at its April meeting. RBA keeping eye on Read more…
The Australian dollar is trading at 0.6670 in Europe, down 0.57%. Australian inflation was lower than expected, raising speculation that the Reserve Bank of Australia might pause at its April meeting. RBA keeping eye on Read more…
USDJPY resumed its bullish momentum early on Thursday, sustaining a strong foothold within the 130.00 area and around the short-term ascending trendline that has been navigating the market since the start of the year. The RSI is following Read more…
Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback is currently in progress to Read more…
Cycle from 9.28.2022 low has ended as a 5 waves impulse at 15706.51. We labelled this rally as wave ((1)) as the 1 hour chart below shows. Wave ((2)) pullback is currently in progress to Read more…
DXY: The overall momentum of the DXY chart is currently weakly bearish with low confidence, as price is trading below a major descending trend line and the bearish Ichimoku cloud. This suggests that bearish momentum Read more…