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Dollar nudges higher as stocks, yields stay anchored

Lower rates weighed on the dollar yesterday but are not really working against the greenback in trading so far today. In part, I would say the softer ...

April 25, 2023, 11:18 am

Gold price forecast: another rejection of the $2000 level, a sign of exhaustion?

Spot Gold fails at the $2000 hurdle as bulls seem exhausted. Will US earnings and PCE data drive sentiment reignite the precious metal ahead of FOMC? ...

April 25, 2023, 11:14 am

Gold price forecast: another rejection of the $2000 level, a sign of exhaustion?

Spot Gold fails at the $2000 hurdle as bulls seem exhausted. Will US earnings and PCE data drive sentiment reignite the precious metal ahead of FOMC?....

April 25, 2023, 10:56 am

Nzd/usd eyeing new 2023 lows, big support is at 0.6

NZDUSD recovered nicely from 0.6083 but it’s in three waves after recent rejection down from 0.6390 r...

April 25, 2023, 7:40 am

Cad under pressure

The price has met stiff selling pressure at the start of the mid-March sell-off at 135.10. A shooting star pattern in this supply zone carries weight ...

April 24, 2023, 7:44 am

The week ahead – cad under pressure

USDJPY pulls back The Japanese yen edged higher as inflation in March gathered speed. The price has met stiff selling pressure at the start of the mid...

April 24, 2023, 6:22 am

Intraday analysis – cad under pressure

USDJPY pulls back The Japanese yen edged higher as inflation in March gathered speed. The price has met stiff selling pressure at the start of the mid...

April 24, 2023, 6:22 am

Oil to close the gap?

After the OPEC+ surprise at the end of last month, oil prices had been poised to chase a break higher in early April before the drop last week sort of...

April 24, 2023, 5:09 am

Dollar creeps higher as the push and pull continues on the week

The dollar is nudging higher now as we get into European trading, as the back and forth action among major currencies continues to play out. EUR/USD i...

April 21, 2023, 6:56 am

Trade ideas thread - european session 21 april 2023

It looks like yen pairs are holding the line for now, helped out by a retreat in Treasury yields since yesterday. USD/JPY ran up against 135.00 only t...

April 21, 2023, 5:44 am

Usd/chf mid-day outlook

Daily Pivots: (S1) 0.8955; (P) 0.8979; (R1) 0.9000; More… USD/CHF dips notably after rejection by 55 ...

April 20, 2023, 1:19 pm

Eur/usd technical analysis

On the daily chart below for EURUSD, we can see that with the latest rejection of the February high at ...

April 20, 2023, 11:08 am

Bond yields sit lower as we get into european trading

2-year Treasury yields down 5 bps to 4.214%10-year Treasury yields down 4 bps to 3.562%Most of the drop have come in the past hour but with very littl...

April 20, 2023, 6:55 am

Usdchf technical analysis

On the daily chart below for USDCHF, we can see that the pair has been falling nicely with the sellers always leaning on the trendline. The rejections...

April 19, 2023, 9:52 am

Nzdusd range bound ahead of quarterly cpi

NZDUSD got another rejection near the 0.6300 round-level last week, drifting lower to retest the 200-da...

April 19, 2023, 7:53 am

Switzerland: no legal effect from parliament's rejection of ubs credits

The Swiss government said on Wednesday that the lower house of parliament's votes rejecting emergency guarantee credits for the Swiss National Bank an...

April 19, 2023, 7:34 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6269; (P) 1.6337; (R1) 1.6375; More… EUR/AUD is still bounded in range below 1.6444 and intraday bias stays neutral. On the ups...

April 18, 2023, 8:00 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6303; (P) 1.6354; (R1) 1.6438; More… Intraday bias in EUR/AUD remains neutral for the moment as range trading continues. On the...

April 17, 2023, 7:12 am

Eur/aud weekly outlook

EUR/AUD rose further to 1.6444 last week and breached 1.6434 resistance, but couldn’t close above. Initial bias remains neutral this week first. On ...

April 15, 2023, 3:27 pm

Why shares of sana biotechnology jumped this week

Sana Biotechnology is developing a cell-editing platform that it hopes will be able to avoid immune-system rejection. The company has no revenue but e...

April 14, 2023, 10:27 am


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