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Eurusd analysis: market reaction to the fed’s decision
The Fed raised the rate yesterday by 0.25%, to 5.25%. → Now market participants expect a pause in the tightening policy. Moreover, the WSJ is hintin...
Technical outlook and review
DXY: The DXY chart has a bearish momentum, with potential for a continuation towards the first support level. The first support is at 100.84, which is...
Best flex scalper robot mt4 (update 2023) – free download
Best Flex Scalper Robot is a piece of automatic trading software that allows you to trade currency pairs on the Forex market. The robot is said to win...
Uk march mortgage approvals 52.01k vs 46.25k expected
Prior 43.54k This article was written by Justin Low at www.forexlive.com......
Uk april final services pmi 55.9 vs 54.9 prelim
Prior 52.9Composite PMI 54.9 vs 53.9 prelimPrior 52.2 This article was written by Justin Low at www.forexlive.com......
Gold price forecast: xau/usd retreat appears elusive beyond $2,025 – confluence detector
Gold price (XAU/USD) eases after refreshing the highest level on record as bulls take a breather ahead of the key European Central Bank (ECB) monetary...
Eurozone pmi services finalized at 12-month high, growth to continue in months ahead
Eurozone PMI Services were finalized at 56.2 in April, up from March’s 55.0, marking a 12-month high. PMI Composite was finalized at 54.1, up from M...
Usd/jpy forecast: dollar falls after fed hints end to rate hikes
The US Federal Reserve hinted its aggressive tightening cycle might end. Risk aversion plagued the markets as regional US bank shares declined. The ca...
Usdjpy technical analysis
On the daily chart below for the USDJPY, we can see that after the huge rally caused by the once again dovish BoJ, the price found resistance near the...
Eurozone pmi hits an 11-month high but inflationary pressures soften
Euro area private sector PMI numbers drew interest this morning as investors prepare for the ECB monetary policy decision and press conference. The po...
Nzdusd technical analysis
On the daily chart below for NZDUSD, we can see that after falling into the 0.6084 support, the price bounced strongly and it’s now eyeing the previ...
Ardu prime: staying ahead of the regulatory curve
Foreign exchange or Forex, for short, is the largest and most liquid market in the world. According to an October 2022 BIS Survey, the global daily fo...
Gbp/usd eases from multi-month top amid modest usd bounce, downside seems limited
The GBP/USD pair struggles to capitalize on its modest intraday uptick and retreats from the vicinity of the 1.2600 mark, or its highest level since J...
Aud/usd price forecast: pro-growth aussie struggles to capitalize on dovish fed
AUD/USD is trading at a key inflection point as the Aussie dollar faces a weakening USD while risk aversion takes hold. Where to next?......
Germany april final services pmi 56.0 vs 55.7 prelim
Prior 53.7Composite PMI 54.2 vs 53.9 prelimPrior 52.6 This article was written by Justin Low at www.forexlive.com......
France april final services pmi 54.6 vs 56.3 prelim
Prior 53.9Composite PMI 52.4 vs 53.8 prelimPrior 52.7The supposed improvement of the French economy wasn't as great as initially estimated and in fact...
Usd/chf holds off a test of its january 2021 lows for now
The sentiment in the Swiss franc very much mimics the euro at this stage, with both the ECB and SNB arguably the two more hawkish major central banks....
Italy april services pmi 57.6 vs 56.5 expected
Prior 55.7Composite PMI 55.3Prior 55.2Italian services and new business continue to show robust signs in April and that is helping the economy to stay...
Gbp/usd has the technical momentum on its side, but can that hold?
The pound has been quite resilient in recent times and if you look at the GBP/USD chart above, you can see that the pair is actually on the hunt for a...
Eurusd retests 13-month high ahead of ecb meeting
EURUSD is attempting once more to climb above the 13-month high of 1.1095, endorsing the long-term upside structure. This outlook is reinforced by the...
Asian stock markets rejoiced post-fomc
US stock indices spooked by Fed Chair Powell’s “hawkish” comments. USD sold off while safe haven currencies, JPY & CHF in demand. Asian stock ma...
Eur/usd bullish but needs to build on this week's momentum so far
The euro is sitting in a good spot against the dollar, holding that push above 1.1000 once again this week while keeping above the 100-day moving aver...
Fairly calm build-up to ecb policy meeting
Markets The Fed yesterday raised policy rates by the expected 25 bps to 5-5.25%. The job market is robust, unemployment low and inflation elevated. At...
Gbpusd impulse over, correction beginning!
In the long term, the GBPUSD pair seems to be forming a correction cycle wave IV. This correction takes the form of a triple zigzag of the primary deg...
Institutional crypto needs greater trust. prime brokers can help
Bitcoin price may have recovered from the collapse of the FTX crisis, but its fallout continues to reverberate across the crypto industry. As particip...
Static crane market to surge from usd 14.0 billion in 2023 to usd 20.61 billion in 2030, with an expansion rate of 5.3% from 2023 to 2030 – report by market research future (mrfr)
Static Crane Market Research Report Information By Type (Tower Crane, Overhead Crane, Level-Luffing Crane), By End-Use (Integrated Solution), By End-U...
Spain april services pmi 57.9 vs 59.9 expected
Prior 59.4The Spanish services sector remains resilient in April, with the strongest growth in new business being observed since November 2021. The on...
Laser sensitive pigments market to cross usd 2.08 billion by 2030, with a cagr of 5.1% – report by market research future (mrfr)
Laser Sensitive Pigments Market Research Report Information By End-use Industry (Packaging, Automotive, Consumer Goods, and Others), And By Region (No...
Saxo bank reports 34% drop in fx volume in april
The average daily volume (ADV) in forex instruments stood at $5.1 billion. The figure dropped 25% on monthly basis and 10.5% on yearly. The brokerage ...
European equities open lower to start the day
Eurostoxx -0.5%Germany DAX -0.3%France CAC 40 -0.5%UK FTSE -0.2%Spain IBEX -0.6%It's a lower tilt to start the day with US futures also turning flat t...
Fx daily: transatlantic divergence keeping eur/usd bid
EUR/USD remains close to the highs of the year as a Fed pause and simmering banking crisis cut the dollar’s short-term yield advantage over the … ...
Fx play of the day: nzd/jpy bullish momentum returning?
I’m seeing this classic break-and-retest setup already playing out on the hourly chart of NZD/JPY. Is there still enough room for the pair to climb?...
Stonex's fx/cfds revenue drops 38% in q2
StoneX Group (Nasdaq: SNEX), which owns Forex.com and City Index brands, ended the three months between January and March with a decline of 38 percent...
How hawkish will the ecb be today?
As things stand, markets are pricing in roughly 81% odds of the ECB hiking by 25 bps today. The other 19% odds are siding with a 50 bps rate hike, so ...
Dow jones newswires: arcelormittal first quarter sales down 15% to $18.5 billion.
The Luxembourg-based steelmaker reported $1.1 billion in quarterly net profit compared with $4.12 billion in the first quarter of 2022 Read Full Story...
