May 9 2023 🕓 3 min
AUD/USD dips as crucial resistance holds – will bulls break it?
The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
August 25 2021 🕓 3 min
EUR/USD flat ahead of durable goods data
Will the EUR/USD pair confirm its massive bullish pattern, or is the downtrend going to continue? We might see soon..
August 24 2021 🕓 3 min
Kiwi trades back above strong support
Traders bought the New Zealand dollar on Tuesday and it surged notably, but will the rally continue?
August 23 2021 🕓 3 min
GBP/USD bounces as dollar retreats
Sterling defended its key support and the GBP/USD pair is now forming a double bottom pattern. Will we see a strong bounce?
August 17 2021 🕓 3 min
EUR/GBP catching some bullish momentum after UK data
The EUR/GBP cross was up nearly half a percent on Tuesday and was trading at around 0.8535 at the time of writing in what appears to be a start of a new bullish wave.
August 17 2021 🕓 3 min
USD/CHF statistical and technical analysis
The current price of the USD/CHF exchange rate is 0.9148 (August 17, 2021). The pair rebounded from an important zone last week. The US Dollar is strengthening today as uncertainties about global markets grow. Let us now turn to statistical and technical analyzes.
August 16 2021 🕓 2 min
USD/JPY remains under pressure after Japanese data
The USD/JPY pair was down for the fourth day in a row and was seen 0.3% lower during the London session on Monday, changing hands at around 109.30.
August 11 2021 🕓 3 min
GBP/USD statistical and technical analysis
The current price of the GBP/USD exchange rate is 1.3865 (August 11, 2021). This pair rebounded from an important medium-term zone last month. Therefore, we will look now at statistical and technical analyzes.
August 3 2021 🕓 3 min
EUR/USD statistical and technical analysis
The current price of the EUR/USD exchange rate is 1.1862 (August 03, 2021). The currency pair rebounded from an important support zone last week. Let us therefore look at statistical and technical analyzes.
July 27 2021 🕓 3 min
NZD/USD statistical and technical analysis
The current price of the NZD/USD exchange rate is 0.6970 (July 27, 2021). This pair is currently trading at an important level. The New Zealand dollar is highly correlated with commodities and the strengthening of the USD is usually much higher if commodity prices fall. Let’s look at statistical and technical analyzes.
July 21 2021 🕓 3 min
AUD/USD statistical and technical analysis
The current price of the AUD/USD exchange rate is 0.7357 (July 21, 2021). It has dropped by more than 400 pips since our last analysis. The pair has also fallen below important level in recent days. So let’s move on to statistical and technical analyzes.
July 13 2021 🕓 3 min
USD/CAD statistical and technical analysis
The current price of the USD/CAD exchange rate is 1.2528 (July 13, 2021). This pair rebounded upwards, as we estimated in our last analysis. It is currently testing an important level of resistance after recent growth. Let us therefore look at statistical and technical analyzes.
July 6 2021 🕓 3 min
USD/CHF statistical and technical analysis
The current price of the USD/CHF exchange rate is 0.9244 (July 06, 2021). The pair has rebounded dynamically since our last analysis. The US Dollar strengthened at most exchange rates. Let us therefore now turn to statistical and technical analyzes.