News

Dec 07
USD is extremely strong. Overview for 07.12.2023

The primary currency pair fell on Tuesday. The current EURUSD exchange rate stands at 1.0760. Fans of the US currency are closely monitoring the US labour market statistics for November. The first data released yesterday was weak. ADP employment change figures increased by 103,000, while a rise of 130,000 was expected. The figure saw a […]

Dec 07
GBP has been falling for four days. Overview for 07.12.2023

The British pound sterling has dropped noticeably against the US dollar. The current GBPUSD exchange rate stands at 1.2549. The main reason for GBP’s decline is the incredible strength of the US dollar. Yesterday, the US released the ADP private payrolls for November, and the dollar managed to ignore weak statistics. This happened because a […]

Dec 07
US Treasury Yields Respond to Labor Market Data and Economic Signals

The yields on US Treasury bonds hit a local minimum on Tuesday following the release of JOLTS data on job vacancies: The 10-year bond yield dropped by approximately 5 basis points after October’s job vacancy data revealed a more significant decline in labor demand than expected. The number of job openings fell from 9.35 million […]

Dec 07
EURUSD H4 | Bullish Bounce?

Title:EURUSD H4 | Bullish Bounce? TypeBullish Bounce Preference:The price is falling toward our pivot point of 1.0754, which serves as a pullback support level that aligns with the 161.8% Fibo extension A bounce from this point could lead the price to rise to the 1st resistance at 1.0830, an overlap resistance. Alternative scenario:However, if the […]

Dec 07
NZDUSD H4 | Bearish reversal?

TitleNZDUSD H4 | Bearish reversal? TypeBearish Reversal Preference: The price is rising toward our pivot point of 0.6190, which serves as a pullback resistance level aligning with the 61.8% Fibonacci. A reversal from this point could lead the price to drop to the 1st support at 0.6107, a pullback support level. Alternative scenario: However, if […]

Dec 07
Daily Trade Setups #TLT #USDJPY #GBPJPY

Daily Trade Setups #TLT #USDJPY #GBPJPY To access today’s actionable analysis use the links below TLT https://youtu.be/5IzAUuA8HVE?si=nBf87asB2k71bsoL USDJPY https://www.youtube.com/watch?v=9AfqSB1gS8g GBPJPY https://youtu.be/DX4nAlB_srk?si=PwHqFPQykVLI1-Fm Source: Tickmill