Market Analysis

Technical & Trade View EURUSD Trade View 1.0467 Target Achieved, New Pattern Emerging Bias: Bullish Above Bearish below 1.0285 Technicals Primary support is 1.0285 Primary upside objective is 1.0620 Next pattern confirmation, acceptance above 1.05 Failure below 1.0270 opens a test of 1.0165 20 Day VWAP bullish , 5 Day VWAP bullish Today’s New York […]

Volatility in the BTC has somewhat subsided. On Wednesday, it is mainly fluctuating near 16,860 USD. Buyers are very cautious, minimum active. As expected, the market will need a lot of time to acquire at least some balance at the platform. After the story with Binance and FXT investors remain noticeably stressed out. Even more […]

EURUSD, “Euro vs US Dollar” The pair has extended the consolidation range to 1.0480. At the moment the market performed an impulse of decline to 1.0280. Today the market has corrected this impulse to 1.0386. At the moment, the market is forming a new consolidation range under this level. The main scenario is an escape […]

Daily Market Outlook, November 16, 2022  “Risk sentiment rocked by stray rocket hitting Poland, reports that a missile landed on the Polish border killing at least two caused a dramatic pullback in US markets, however, as it became clearer that the reported ‘missile’ was more debris from a Ukrainian defensive action markets stabilised, overnight President […]

US Retail Sales in Focus On the back of a weaker-than-forecast US CPI print for October, the US Dollar has come under heavy selling pressure. The data, and subsequent comments from Fed vice chair Brainard, have added weight to the market view that the Fed will slow the pace of its rate hikes in December, […]

The British pound against the US dollar continues growing. The current quote is 1.1860. The weakness of the USD is actively used by pound fans to help the GBP recover after preceding crashes. On Wednesday, a large block of statistics is due in Great Britain. Take a look at the CPI in October. British inflation […]

The market major on Wednesday preserves its impulse of growth. The current quote is 1.0350. The main reason for the crash of the USD and the sky-rocketing of the EUR is the all-market strong belief that at the meeting in December the Federal Reserve System will change its policy. Looks like these are the expectations […]

Technical & Trade View NZDUSD Bias: Bullish Above Bearish below .6000 .6164 Target Achieved, New Pattern Emerging Technicals Primary support is at .6000 Primary pattern objective is .6240 Daily HVN Acceptance above .6165 next pattern confirmation Failure below .6000 opens a test of .5900 20 Day VWAP bullish , 5 Day VWAP bullish Institutional Insights […]

The euro and pound sterling pare down the intraday decline that took place during the Asian session as risk appetite remains high while the dollar repositioning continues. EURUSD consolidates around 1.03, GBPUSD trades slightly below 1.18 level. Data on industrial production in the EU for October added optimism; growth in annual terms amounted to 4.9% […]

Equities Bounce Back As USD Fall Continues on Dovish Fed Commentary  Global equities benchmarks have seen a broadly positive start to the week. On the back of the gains we saw last week, linked to a softer-than-forecast US inflation report, equities traders are looking to extend the rally this week. While yesterday saw some intra-day […]

Paris vs London Rivalry between London and Paris traders undoubtedly increased this week amidst news that the Paris stock exchange overtook London in value for the first time since record started in 2003. According to Bloomberg, the Paris stock exchange is now worth roughly EUR 2.823 trillion, while the London stock exchange is worth EUR […]

AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are above the 200-day Moving Average, which indicates an uptrend. The RSI is nearing the overbought area. We should expect rising over 7/8 (0.6713) and growth to the resistance level of 8/8 (0.6835). The scenario can be cancelled by a breakaway of the support level […]