Today, the foreign exchange market is awaiting the week’s key data: the US inflation figures for May. Since the beginning of the pandemic, the reasoning…
Slight increase in upward momentum is likely to lead to a higher trading range of 144.50/145.50. In the longer run, increase in momentum is not…
USD/CAD appreciates as the US Dollar remains stronger ahead of CPI inflation data due on Wednesday. The CAD may receive support from improved Oil prices…
WTI price edges higher to around $64.65 in Tuesday’s Asian session. Hopes sparked by US-China trade talks and geopolitical risks support the WTI price. OPEC…
Will Friday’s advance continue today? Stocks advanced on Friday, with the S&P 500 gaining 1.03% and closing slightly above the 6,000 level – its highest…
As expected this past Thursday the ECB lowered its Main Refinancing Rate by another 25 basis points to an interest rate of 2.25%. The European…
Potential signal: If the DAX can close above the €24,300 level on a daily close, I’m a buyer. I would have a stop loss at…
The Pound Sterling demonstrates strength around 1.3550 against the US Dollar as the Greenback suffers from downbeat US economic data for May. Tariff uncertainty further…
Any further rebound is likely part of a higher range of 143.30/144.30 instead of a sustained advance. In the longer run, price action suggests that…
AUD/JPY breaks above 92.89, confirming bullish harami and signaling short-term upside momentum. Next resistance at 93.86; sustained rally needs break above May 13 high of…