Intraday Market Analysis – Whipsaw Catalyst
USDCAD breaks out of range The Canadian dollar surged after the BoC announced a reduction of its asset purchasing program....
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
104 posts found
Intraday Market Analysis – Bullish Continuation
GBPUSD breaks to 4-week high The pound rallied across the board after the UK’s unemployment rate fell from 5.1 %...
Intraday Market Analysis – Recovery Momentum
EURUSD breaks above key resistance The euro recoups last month’s losses as traders reposition themselves for this week’s ECB meeting....
Intraday Market Analysis – Breaking All-Time Highs
GER 30 resumes uptrend With the fear of reflation now taking a backseat, improved risk sentiment is pushing equity markets...
Intraday Market Analysis – Bullish Turnaround
NZDUSD recovers above daily MA The New Zealand dollar gained support after the RBNZ kept its monetary policy unchanged. The...
Intraday Market Analysis – Extended Rally
EURUSD tests major resistance A 2.6% yoy rise in US CPI has so far failed to impress traders as the...
Intraday Market Analysis – Testing Daily Support
USDCHF retreats to major support The US dollar is treading water as traders await inflation data which would dictate the...
Intraday Market Analysis – Last Chance To Rebound
GBPUSD meets critical support The pound falls back as traders take profit after a strong performance from the start of...
Intraday Market Analysis – Deeper Correction
USDJPY continues to pull back The US dollar struggles to find buyers amid dovish FOMC minutes. The pair has met...
Intraday Market Analysis – Rally Overheated
USDCHF sees rally over-stretched The US dollar tanked after an increase in US jobless claims tempered market optimism. The pair...
Intraday Market Analysis – Moving Resistance
EURUSD capped by bearish moving averages The US dollar continues to advance across the board supported by improving economic outlook....
Intraday Market Analysis – Fading Sell Off
USOIL sees bearish momentum stalling WTI climbed back in anticipation of extended production cuts by OPEC+ in their upcoming meeting...
Intraday Market Analysis – Bullish Case
USDJPY accelerates rally The US dollar climbs as the US economy is gaining steam while other parts of the world...
Intraday Market Analysis – Double Top Breakout
USDCHF rallies above double top The US dollar continues its advance against the Swiss franc after solid GDP growth last...
Intraday Market Analysis – Bearish Breakout
GBPUSD cuts through major support The pound saw fresh sell-off despite a fall in the UK’s unemployment rate as average...
Intraday Market Analysis – Awaiting A Breakout
EURUSD consolidates near the support area The US dollar stayed subdued as Treasury yields retreated on Monday, relieving pressure on...
Intraday Market Analysis – Finding Support
AUDUSD tests key support In Australia’s worse-than-expected retail sales, traders saw not a reason to dump, but rather an opportunity...
Intraday Market Analysis – Sterling Tests Key Resistance
GBPUSD builds bullish momentum The Bank of England followed the US Fed’s dovish footstep on Thursday in an attempt to...
Intraday Market Analysis – Post-FOMC Momentum
NAS 100 challenges key resistance FOMC officials’ pledge to keep the monetary policy accommodative has pumped up the appetite for...
Intraday Market Analysis – Gold Consolidates Gains
XAUUSD builds support for a comeback A weaker US dollar has offered gold the opportunity to make a comeback just...
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