January 27 2023 🕓 3 min
NZD/USD defends critical support ahead of jobs data, Fed
So far, the uptrend remains intact as investors continue to dump the US dollar.
Market Movers
January 27 2023
EU natural gas falls 20% in one week 📉
The price of natural gas in Europe tumbled for the fifth day in a row, dropping below 54€ on Friday. Prices have dropped 20% in just one week and are now close to levels not seen since September 2021.
January 27 2023
Tesla hodls its bitcoins
Tesla announced it didn’t sell any Bitcoin in Q4 2022. However, its portfolio was at $184 million, down from $218 million at the end of Q3 due to the drop in Bitcoin’s price. This loss should now be erased as Bitcoin surged massively in January.
January 27 2023
Adani’s stock falls more than 16% 📉
After Hindenburg accused Adani Group (ADANIENT) of massive fraud, the stock plunged significantly. The stock is now down over 16% in just one day and 33% from its peak.
October 7 2022 🕓 3 min
USD/CAD drops after labor market combo
Volatility came after the labor market data, so far benefitting the Canadian dollar more.
October 6 2022 🕓 3 min
EUR/GBP stays above significant support
So far, the 0.87 support has held, offering some nice momentum for the bulls.
October 5 2022 🕓 3 min
NZD/USD fails to strengthen despite 50bps rate hike
It looks like the bearish sentiment might resume, despite another hawkish RBNZ decision.
October 4 2022 🕓 3 min
AUD/USD slumps following another rate hike
The RBA disappointed market players today, sending the AUD/USD pair lower.
October 3 2022 🕓 3 min
USD/JPY tests cycle highs near 145
A cautious uptrend is still seen in the USD/JPY pair, despite fears of another BoJ intervention.
★ Premium This content is only available for registered users - sign up for free now October 2 2022 🕓 3 min
Forex outlook: EUR/USD, CAD/JPY and GBP/JPY
The forex market was very volatile last week, creating many trading opportunities. Let's look at three currency pairs and see what they offer.
September 30 2022 🕓 3 min
EUR/JPY remains volatile, defends uptrend for now
Volatility continues in the FX market, but the EUR/JPY cross has managed to remain in an uptrend, despite risk-off environment.
September 30 2022 🕓 3 min
AUD/USD trying to defy USD strength
This article discusses the Australian dollar's decline after encouraging US economic statistics demonstrating that the labor market is still solid.
September 28 2022 🕓 3 min
EUR/USD remains offered, targets 0.95
It looks like another bearish day for the single currency as the USD remains unstoppable.
September 28 2022 🕓 3 min
USD/JPY tests previous highs despite negative sentiment
The US Dollar traded higher on Tuesday, boosted by the risk-averse sentiment in the markets.
September 26 2022 🕓 3 min
GBP/USD crashes to all-time lows, touches 1.04
This article provides an analysis of the British pound's recent decline and the possibility of a potential parity with the US dollar.
September 23 2022 🕓 3 min
EUR/GBP highest since February 21
Both currencies are dropping like a stone against the USD, but it looks like the fall is more significant for the GBP, thus pushing EUR/GBP higher.