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.”
April 1 2023 🕓 10 min
Forex trading for beginners – how can anyone start FX trading?
The forex market is the largest financial market globally, with trillions of dollars traded daily. Discover how it works.
March 31 2023 🕓 4 min
GBP/USD approaches critical resistance ahead of US inflation update
It looks like the Pound could start a significant uptrend if bulls win the battle for 1.2440.
March 30 2023 🕓 3 min
EUR/USD eyes cycle highs – will it breach 1.10?
The negative trend for the USD is here to stay, according to analysts, likely leading to the next attack at 1.10.
March 29 2023 🕓 3 min
AUD/USD falls after domestic CPI – Chinese warnings about Taiwan
It looks like the medium-term downtrend might continue for the AUD/USD pair.
March 28 2023 🕓 4 min
Forex outlook: Current state of CAD/JPY, EUR/AUD, and AUD/JPY
Explore current trading situation from the forex market, which we analyzed with technical analysis amid rising volatility.
March 27 2023 🕓 3 min
ECB says interest rates are NOT high enough: Will EUR/USD continue up?
European inflation levels are still high, and the ECB implied more rate hikes could solve this. This could potentially send EUR/USD higher.
March 24 2023 🕓 3 min
USD/JPY plunges toward 130; more losses likely
The bearish pressure is expected to continue as there is little support for the USD at the moment.
March 23 2023 🕓 3 min
Dollar index plunges to 6-week lows after dovish Fed decision
The USD looks to be heading lower as the hiking cycle in the US will be over soon.
March 22 2023 🕓 3 min
GBP/USD jumps after UK inflation; awaits Fed’s decision
Today's headline (FOMC) event could cause significant movements in the financial markets.
March 21 2023 🕓 3 min
EUR/USD approaches 1-mth highs amid USD weakness
Today's trading could be less volatile as market players might stay on the sidelines ahead of tomorrow's Fed decision.
March 20 2023 🕓 3 min
GBP/USD is on the rise – will the new macrodata elevate it even more?
Sterling is edging higher in the battle against the US dollar. New data from Fed and BoE may tip the scales towards the pound.
March 20 2023 🕓 3 min
Dollar index remains weaker ahead of Fed’s decision
The USD could continue heading lower as investors anticipate monetary policy tightening to be over.