Forex Opinion & Analysis
New Zealand Dollar Roars
19.05.2022
New Zealand Dollar Roars
The U.S. dollar is in retreat on Thursday, and the New Zealand dollar has taken full advantage. NZD/USD has surged…
EUR/USD: Bulls Trying To Break Above Moving Average
19.05.2022
EUR/USD: Bulls Trying To Break Above Moving Average
EUR/USD Daily Chart EUR/USD bears had a big bear bar yesterday, closing on its low and reversing most of May…
AUD/USD: Trying To Complete A 5th Wave
19.05.2022
AUD/USD: Trying To Complete A 5th Wave
Bullish AUD/USD is trading at 0.7005 in the possible start of a 5th fractal wave in a channel. IF the…
Pound Stems Bleeding, Retail Sales Next
19.05.2022
Pound Stems Bleeding, Retail Sales Next
The British pound reversed directions on Thursday, after sliding 1.22% a day earlier. GBP/USD was trading at 1.2402 in the…
Aussie Rebounds On Jobs Report
19.05.2022
Aussie Rebounds On Jobs Report
Unemployment falls to record low The Australian dollar rebounded on Thursday. AUD/USD was trading at 0.6980 in the European session,…
UK Inflation Report Cools Down Pound Sterling
19.05.2022
UK Inflation Report Cools Down Pound Sterling
Two months ago, the Bank of England predicted that inflation would reach its peak in April. Yesterday’s report proved the…
Australian Dollar Dips After WPI
19.05.2022
Australian Dollar Dips After WPI
After three successive winning sessions, the Australian dollar reversed directions on Wednesday. In the European session, AUD/USD was trading slightly…
EUR/USD Fails To Retain Gains, Back Below 1.0500
19.05.2022
EUR/USD Fails To Retain Gains, Back Below 1.0500
The EUR/USD has come back under pressure on Wednesday as risk aversion struck financial markets on renewed concerns about ramping…
GBP/USD: Can It Break Major Support?
19.05.2022
GBP/USD: Can It Break Major Support?
Possible divergences appearing The pound has come under heavy pressure recently, particularly against the dollar which has been performing well…
Pound Tumbles As U.K. Inflations Soars To 9%
18.05.2022
Pound Tumbles As U.K. Inflations Soars To 9%
The British pound has taken a tumble after April CPI jumped to 9.0% YoY, up sharply from 7.0% in March.…