June 2 2022 🕓 3 min
USD/CHF remains pressured near 6-week lows
It looks like the USD may drop to new swing lows against the Swiss Franc as the selling pressure remains solid.
Tag: trading
June 1 2022 🕓 3 min
AUD/USD climbs after domestic and Chinese data
Traders bought the Aussie following some optimistic news from Australia and China, while the USD weakened.
May 31 2022 🕓 3 min
DAX fails near resistance again
Another month, another record in EU inflation, not helping the sentiment in the markets.
May 30 2022 🕓 2 min
EUR/USD attacks significant resistance
Today, the euro advanced to the upper trend line of the descending channel, a key resistance area.
May 29 2022 🕓 4 min
Is Bitcoin waiting for another decline or rocket growth?
Let's look at different perspectives on the near-future price development of Bitcoin. What can happen? That depends on who asks the question.
May 27 2022 🕓 3 min
SP500 returns above 4,000 USD again
It looks like we might see a strong rally as the index has posted a large bottoming pattern.
May 26 2022 🕓 2 min
USD/JPY looks bearish, targets 125
The daily chart shows a massive head and shoulders pattern already validated by the price action.
May 25 2022 🕓 3 min
NZD/USD erases initial gains after RBNZ hikes rates
This morning, the Reserve Bank of New Zealand raised rates by 50 basis points to 2.0 %, strengthening the Kiwi in the initial reaction.
May 24 2022 🕓 3 min
GBP/USD fails at 1.26 again
Bulls retreated quickly as the UK's services sector deteriorated notably.
May 23 2022 🕓 3 min
SP500 advances toward 4,000 USD
Can we expect a bear market rally in SP500? The index remains heavily oversold.
May 19 2022 🕓 3 min
AUD/JPY erases today’s gains, trades flat
Volatility continues to be elevated, but it looks like AUD/JPY might continue higher in the near future.
May 17 2022 🕓 3 min
AUD/USD soars above key resistance after RBA minutes
The Australian dollar has been supported today by the Reserve Bank of Australia's minutes from its May monetary policy meeting, which indicated that a more significant interest rate rise in June is still feasible.