Intraday Market Analysis – GBP Tests February’s Peak
GBPUSD grinds to 3-month high Sterling carries on its ascent as Britain’s jobless rate dropped to 4.8%…
Forex Analysis
Forex analysis examines the changes in currency pair prices, and attempts to isolate which direction prices are going and where they may go in the future. In the forex market, traders buy and sell currencies with the goal of making a profit
Intraday Market Analysis – DAX Back To Peak
GER 30 retests record high Germany’s DAX 30 claws back previous losses as the economic outlook brightens….
Intraday Market Analysis – USD Struggles To Hold Gains
USDCHF drops after bearish cross The US dollar came under renewed pressure after retail sales showed a…
Intraday Market Analysis – S&P 500 Sees Bids On Trendline
SPX 500 rebounds from daily trendline The S&P 500 reverses sharp decline as investors digest soaring consumer…
Intraday Market Analysis – US Dollar Bounces Off Key Levels
USDJPY rebounds from Fibonacci level The US dollar jumped after April’s CPI rose 3% YoY nearly doubling…
Intraday Market Analysis – NASDAQ Tests Bulls’ Commitment
NAS 100 heads towards important support The tech index retreats as investors continue to rotate out of…
Intraday Market Analysis – USD Sees Limited Upside
USDCHF faces strong resistance The US dollar struggled to bounce back after the US labor market showed…
Intraday Market Analysis – DAX Aims For New Record High
GER 30 tests previous record high The DAX has recouped recent losses as risk sentiment made its…
Intraday Market Analysis – US Dollar Fails To Find Support
USDCHF tanks to new lows The US dollar falls as higher continuing jobless claims point to volatility…
Intraday Market Analysis – USDCAD Struggles To Bottom Out
USDCAD reaches a 3-year low The US dollar remains under pressure as downbeat ADP jobs data fails…
Intraday Market Analysis – NASDAQ In Search Of Support
NAS 100 tumbles after exhaustion Tech stocks slip as investors’ bet on a US recovery favors traditional…
Intraday Market Analysis – Psychological Level
EURUSD retraces to major support The euro pulled back after the block’s CPI dropped to 0.8% in…
Intraday Market Analysis – Extended Rally
USOIL speeds up runaway rally WTI crude oil gained momentum after EIA data showed a sharp reduction…
Intraday Market Analysis – Bearish Momentum
USDCHF breaks below consolidation range The US dollar remains subdued as the Fed offers no signs of…
Intraday Market Analysis – From Support To Resistance
USDJPY rises to major resistance The Japanese yen stayed muted after the Bank of Japan revised down…
Intraday Market Analysis – In Search Of Support
EURUSD pulls back to support The euro popped higher after the Eurozone’s bond yields rose on improved…
Intraday Market Analysis – Triple Tested Support
US 30 bounces off key support The Dow Jones recoups losses as investors expect some leeway for…
Intraday Market Analysis – Whipsaw Catalyst
USDCAD breaks out of range The Canadian dollar surged after the BoC announced a reduction of its…
Intraday Market Analysis – Bullish Continuation
GBPUSD breaks to 4-week high The pound rallied across the board after the UK’s unemployment rate fell…
Intraday Market Analysis – Recovery Momentum
EURUSD breaks above key resistance The euro recoups last month’s losses as traders reposition themselves for this…