Latest Market News
Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]
AUDJPY Bull Flag AUDJPY price action is looking interesting here. Following the latest peak in June, AUDJPY has been correcting lower within a bear channel, which can be viewed as a bull flag within the longer-term bull trend. With price well supported into the lows and now turning higher once again, the risks of an […]
Type: Bullish Breakout Key Levels:Resistance: 34296.57Pivot: 33461.36Support: 32586.42 Preferred Case:On the H4, with price moving along the ascending trendline and bouncing off the stochastic support, we have a bullish bias that price will rise to pivot at 33461.36 where the pullback resistance and 50% fibonacci retracement are. Should price break pivot structure, we would expect […]
All Eyes on Powell Ahead of Fed chairman Powell speech at the Jackson Hole Symposium later today, market expectations are leaning broadly in favour of a hawkish outcome. On the back of a hawkish set of July FOMC minutes and following hawkish commentary from other Fed members at the end of last week and yesterday, […]
Type: Bullish Rise Key Levels:Resistance: 143.975 Pivot: 141.950Support: 139.175 Preferred Case:With the price moving above the ascending trendline and above ichimoku cloud, we have a bullish bias that the price may rise to the pivot at 141.950, which is in line with the 161.8% fibonacci projection and swing high to the 1st resistance at 143.975, […]
Montreal – The Canadian Securities Administrators (CSA) has been monitoring its systems for unusual activities after several market participants received e-mails that purport to come from CSA members’ staff. The email appears to come from a member of the CSA through a fraudulent domain name along with a Montreal mailing address. The e-mails are believed […]