The market will likely see a lot of short-term back and forth, but looking at less scalp, there isn’t much to do here until we get past Friday’s volume, maybe even later. GBP/USD rose...
Read More
2 Minutes
2 Minutes
NZD/USD Forecast: continues to power higher against the greenback
Remember, you have to look at this not just through the lens of the Fed, but is the global economy continuing to expand, so there are a lot of external forces here. NZD/USD showed...
Read More
0 Minutes
GBPUSD pushes up to the 200 hour MA. Makes new intraday highs
GBPUSD GBPUSD tests its 200 hourly moving average at GBPUSD moved higher towards the 200 moving average at 1.2121 (see green line on the chart above). The price broke below the moving average on...
Read More
6 Minutes
The Benefits of Using a Currency Calculator for Investors. How to Use a Currency Calculator ?
Currency is a medium of exchange that is used to facilitate the exchange of goods and services. It is generally accepted as a form of payment and can be exchanged for other currencies or...
Read More
2 Minutes
EUR/JPY Forecast: Has Big Day Against Japanese Yen
Short-term pullbacks can be a nice buying opportunity at this point, and the previous uptrend is an important support level. EUR/JPY rallied quite significantly during Thursday’s trade, breaking a major downtrend as we continue...
Read More
2 Minutes
NASDAQ 100 Forecast: Plunges Through Broadening Wedge
Only when the market stabilizes and breaks above the 200-day EMA would I be very bullish on this market, and frankly, I believe we have a lot of work to do before we get...
Read More
2 Minutes
AUD/USD Forecast: Continues to Grind Back and Forth
Speaking of the rest of the year, we also have liquidity issues to worry about, so I’m not worried about being too big right now. AUD/USD is slightly higher during Thursday’s trade as we...
Read More
2 Minutes
GBP/USD Forecast: Continues Upward Grind
Investors are trying to figure out whether the Federal Reserve plans to pull back from the market, which means they’re trying to figure out whether Jerome Powell will sound more hawkish or more hawkish...
Read More
1 Minute
USDJPY moves back to the downside and below its 200 day moving average
USDJPY The USDJPY rally stalled today at 38.2% As stocks rose and yields fell, the US dollar weakened. USDJPY is back below the 200-day moving average of 13 .506. A break below today’s level...
Read More
1 Minute
Americas news wrap: Jobs headlines strong but the market has questions
US November Nonfarm Payroll 263K vs 200K Expected Canada November Employment Change 10.1K vs 5.0K Estimated Poland Officially Accepts $60 Russian Oil Price Cap with Review Mechanism Freeport LNG Now Says Year-End Output :...
Read More