Happy 2022 traders, the year has kicked off with the US dollar moving higher across the board. The greenback is advancing alongside 10-year Treasury yields, which are above 1.51% once again. It is essential to note that the moves are limited, especially against the majors – as many financial centers remain off on Monday. One currency that stands out is the...
Less dovish than expected can some of the ECB Dec pol decision. As expected, the bank announced that PEPP will discontinue from March 2022, but they announced a surprise decline monthly purchases under the APP, which will see purchases increased to EUR 40bln from EUR 20bln from2Q22 and then subsequently lowered to EUR 30bln in Q3 and down to EUR 20bln in 4Q22....
Gold Price Futures (GC) Technical Analysis – $1790.80 Potential Trigger Point for Acceleration into $1822.10. The direction of the February Comex gold futures contract on Wednesday is likely to be determined by trader reaction to $1790.80. Gold futures are inching higher early Friday with the price action being driven by a dip in Treasury yields and a weaker U.S....
Hi, Ethan here. I'm going to analyze EUR against the New Zealand Dollar. Given the raised interest rates up to 0.25% according to market expectation, New Zealand Dollar gets under pressure. I think there are a lot of bullish drivers for the New Zealand Dollar, and this decline in NZD is an opportunity for the long side. so, we can sell EUR/NZD at this level, with...
Hi, Ethan here. I'm going to analyze EUR against the New Zealand Dollar. Given the raised interest rates up to 0.25% according to market expectation, New Zealand Dollar gets under pressure. I think there are a lot of bullish drivers for the New Zealand Dollar, and this decline in NZD is an opportunity for the long side. so, we can sell EUR/NZD at this level, with...
A sustained move over 1.1236 will indicate the presence of buyers. If this creates enough upside momentum then look for a surge into 1.1291 – 1.1300. Sellers could come in on the first test of 1.1291 – 1.1300. However, 1.1300 is also a potential trigger point for an acceleration to the upside with 1.1345 the next major target
Hey guys. Take a quick look at EUR/USD. As you can see price is in a nice support area. Given lockdown, concerns about covid-19 and today’s PMI data from Eurozone, also net-long stretched in dollar index we can buy EURO against the dollar with low risk. So, stay with our page to give you a potential entry point.
Oil Price Fundamental Weekly Forecast – Bullish Sentiment Over Low US Supplies Driving Price Action The weekly outlook remains bullish and the price action could become more volatile as prices rise so expect to experience heightened volatility.
Hi, Ehsan here. I'm going to analyze market sentiment for you in this video. Chinese stocks were able to maintain positive market risk. In such an inflationary environment, we are expecting the price of Gold, silver, and the bond yield to go higher, also decline for safe havens such as the US dollar, Japanese Yen, and the price of Bond. In the following, If we...