Discussions about the size of the November Fed rate cut continue Mixed labour market data up to now with ADP surprising on the upside Friday’s data matters the most; non-farm payrolls seen rising by 140k Geopolitics boost demand for dollar, […]
Could Friday’s Data Tip the Balance in Favour of a 50bps Fed Rate Cut? Read More »
GBPUSD remains above 20-day SMA Stochastic and RSI reflect latest downside move. GBPUSD is notably retreating from the two-and-a-half-year high of 1.3433, meeting the 20-day simple moving average (SMA) at 1.3235. Furthermore, the pair is still hovering above the strong
GBPUSD Slips Near Strong Support of 1.3265 Read More »
Investors see decent chance of another 50bps cut in November Fed speakers, ISM PMIs and NFP to shape rate cut bets Eurozone CPI data awaited amid bets for more ECB cuts China PMIs and BoJ Summary of Opinions also on
Week Ahead – NFP on Tap Amid Bets of Another Bold Fed Rate Cut Read More »
AUDUSD continues to experience high volatility It tests the resistance set by a long-term trendline Momentum indicators send a mixed message AUDUSD is trading sideways today, following three very volatile sessions that pushed it to the highest level since February
Will AUDUSD Rally Pause Prove Temporary? Read More »
USDCAD falls sharply, accelerating prevailing retreat Both the RSI and the MACD detect bearish momentum A break below 1.3425 could extend the fall towards 1.3350 For the outlook to brighten, a rebound above 1.3645 may be needed USDCAD fell sharply
USDCAD Tumbles and Hits Support Near 1.3425 Read More »
Will EURUSD break the double bottom to the upside? Strong support at 1.1100 Stochastic and RSI look quite positive EURUSD is continuing the upside rally near the 13-month high of 1.1200, remaining well above the 20-day simple moving average (SMA).
EURUSD Retests 1.1200 Critical Level Read More »
