Date Archives

Year: 2023

USDJPY Price Analysis And Technical Forecast

July 11, 2023

USD/JPY TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, USD/JPY is trading in an up channel. USD/JPY is currently trading above 20&50 SMA. RSI is...

AUD/USD TECHNICAL ANALYSIS And Forecast

July 11, 2023

AUD/USD slips off 200-day SMA resistance, but a weaker USD prevents any significant decline. FUNDAMENTAL OVERVIEW The AUD/USD pair experiences some intraday selling on Tuesday...

Inflation Impacts: Stable Dollar Boosts Norway, Weakens Yuan

July 10, 2023

Stable Dollar Benefits Norway’s Crown, Weakens Chinese Yuan. Introduction Inflation numbers have played a significant role in shaping the market dynamics. While the stable dollar...

Silver Technical Analysis: Weekly and Daily Chart Insights

July 10, 2023

Silver Technical Analysis: Weekly Chart Silver Trading in Up Channel, Showing Bullish Signals In the weekly chart, Silver exhibits an upward channel pattern, indicating a...

FTSE 100 Sees Modest Gain as DWF Group PLC Receives Bid Approach

July 10, 2023

FTSE 100 Stocks Edge Higher Amidst Looming Deflation Concerns in China. Introduction In today’s trading session, the FTSE 100 saw a modest increase of 9...

EUR/USD Stability near 1.0950: Consolidation Phase After Surge

July 10, 2023

EUR/USD Remains Stable near 1.0950: A Consolidation Phase Begins. FUNDAMENTAL OVERVIEW On Monday, the EUR/USD experienced stability as it fluctuated within a constrained channel, hovering...

Alibaba Surges on Ant Group’s Regulatory Reprieve

July 7, 2023

Shares of Alibaba Surge as Ant Group Receives Regulatory Reprieve. Introduction In an unexpected turn of events, shares of Alibaba Group (HK:9988) experienced a significant...

DAX 40 Technical Analysis: Mixed Trends and Potential Trading Opportunities

July 7, 2023

DAX 40 Technical Analysis: Weekly Chart Introduction In this weekly technical analysis of DAX 40, we’ll examine the current market trends and provide insights into...

Dow Futures Stable as Monthly Jobs Data Awaited

July 7, 2023

Dow Futures Remain Steady as Monthly Jobs Data Awaited Introduction As the market eagerly awaits the release of the highly anticipated monthly jobs data, investors...

USD/JPY Slumps as Risk-Off Sentiment Rises

July 7, 2023

USD/JPY Slumps to Nearly Two-Week Low Ahead of US NFP, as Risk-Off Sentiment Gains Momentum. Fundamental Overview The USD/JPY pair continues its downward trajectory for...

BoE Rate Hike Debate: Pound’s Stability Amidst Differing Perspectives

July 6, 2023

The Pound Struggles as Debate on BoE Rate Increase Intensifies. Introduction In recent discussions, the Bank of England’s (BoE) rate increase strategy to tackle inflation...

FTSE 100 Weekly Chart: Bearish Trend Continues

July 6, 2023

FTSE 100 Technical Analysis: Weekly Chart FTSE 100 Trading in Down Channel on Weekly Chart In the weekly chart, the FTSE 100 is currently trading...