Thursday , 9 January 2025

Forex

USD/JPY rises to 148.00 as uncertainty over BoJ quitting negative rates deepen
Forex

USD/JPY rises to 148.00 as uncertainty over BoJ quitting negative rates deepen

The USD/JPY pair rebounds to crucial resistance of 148.00 as investors hope that the Bank of Japan (BoJ) will delay its plans to...

US stocks open mixed/little changed
Forex

US stocks open mixed/little changed

The major US stock indices are opening mixed with a Dow Industrial Average hire. The S&P near unchanged and the NASDAQ index lower....

USD/CAD Price Analysis: Air-kissing the Ascending Wedge goodbye
Forex

USD/CAD Price Analysis: Air-kissing the Ascending Wedge goodbye

USD/CAD has recently broken out of the Ascending Wedge pattern which it has been forming since January.

NZDUSD Technical Analysis
Forex

NZDUSD Technical Analysis

USDThe Fed left interest rates unchanged as expected at the last meeting and dropped the tightening bias in the statement.The US CPI yesterday...

Forex

Kickstart your FX trading for March 13 with a technical look at 3 of the major pairs.

In the morning kickstart video, I take a look at three other major currency pairs to start the trading day - the EURUSD,...

US Dollar will continue to rise if the Fed gives the impression that even June rate cut is shaky – Commerzbank
Forex

US Dollar will continue to rise if the Fed gives the impression that even June rate cut is shaky – Commerzbank

There will be no interest rate cut by the Fed before June. Economists at Commerzbank analyze how the Fed’s stance could impact the...

Forex

Tesla shares down 2.5% in the premarket after Wells Fargo downgrades to underweight

US equity future are flat today but Tesla will be a drag. They're trading lower by 2.5% in the pre-market and threatening yesterday's...

Japanese Yen could weaken further if the BoJ delivers cautious forward guidance – MUFG
Forex

Japanese Yen could weaken further if the BoJ delivers cautious forward guidance – MUFG

USD/JPY initially rose back above the 148.00 level just after the release of the US CPI report but has since fallen back towards...

Pound Sterling Price News and Forecast: GBP/USD Elliott Wave technical analysis [Video]
Forex

Pound Sterling Price News and Forecast: GBP/USD Elliott Wave technical analysis [Video]

The GBP/USD Elliott Wave Analysis for the day chart on 13 March 24, offers a comprehensive evaluation of potential price movements in the...

EUR/GBP Price Analysis: A downside break would be volatile
Forex

EUR/GBP Price Analysis: A downside break would be volatile

EUR/GBP is bouncing once again off a long-term support floor at around 0.8500 and recovering.