USDCHF is rallying to a fresh two-week high of 0.9868, creating several bullish sessions. The price overcame the short-term simple moving averages (SMAs) with the technical indicators holding in the overbought region. The RSI is Read more…
NZDUSD plunged below the 10-month-old descending channel early on Thursday, powering its broad bearish trend towards an almost 15-month low of 0.6594. Oversold conditions are present according to the RSI and the Stochastics, though the former is Read more…
Fed Chair Powell open to raising rates faster S&P 500 is likely to confirm technical correction Growth stocks and gold susceptible to more aggressive Fed Rising policy error risk could spur safe havens Market screens Read more…
EUR/USD During the last session, the pair overcame the support at 1.1287, while after the Fed meeting it tested the key area at around 1.1235. In the early hours of today, the area is breached Read more…
Gold tumbled after the US Fed signaled it may raise interest rates in March. The rally stalled at 1853 and a break below the resistance-turned-support at 1830 flushed some buyers out. 1810 at the base Read more…
The New Zealand dollar steadied after the Q4 CPI beat expectations. However, the pair is still in bearish territory after it broke below the lower end (0.6750) of the flag consolidation from the daily time Read more…
The Canadian dollar slipped after the BOC kept interest rates unchanged. Its US counterpart found support at 1.2560 after a brief pullback. An oversold RSI attracted some bargain hunters. The current rebound is a sign Read more…
The price of crude oil jumped in the overnight session as investors continued focusing on the ongoing tensions between the US and Russia. The US accuses Russia of attempting to invade Ukraine again. The last Read more…
Markets This time really is different. Fed Chair Powell couldn’t make it more clear to all remaining doubters. The economy is stronger than at the start of the previous tightening cycle, inflation is running way Read more…
Daily Pivots: (S1) 153.81; (P) 154.27; (R1) 154.87; More… Intraday bias in GBP/JPY remains neutral at this point. Outlook is unchanged that fall from 157.74 is seen as the third leg of the consolidative pattern Read more…