Morning Insights 15th October

Instrument: EURAUDThe pair cemented its bearish momentum in the session yesterday buoyed by the dovish stance of the President of the European Central Bank, Christine Lagarde. “Lagarde said that whi...

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Simon Alagbe


Morning Insights 13th October

Instrument: EURAUDThe pair continued its recent bearish move in the early session yesterday, trading to a low at 1.56376 before a sharp rejection around the support zone. The Aussie has been a major b...

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Simon Alagbe


Morning Insights 12th October

Instrument: USDJPYThe greenback has benefitted from the rising U. S bond yields and high demand from commodity buyers. The prices of crude oil, metals and agricultural commodities have performed stron...

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Simon Alagbe


Morning Insights 11th October

Instrument: EURGBPThe Cable continued its recent gains against the common currency, buoyed by the expectations that the Bank of England may lead the line as the first Major Central Bank to increase in...

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Simon Alagbe


Pivotal Job reports today

The monthly job report from the United States is very significant, especially the Non-farm payrolls, because of its impact on the policy of the Federal Reserve. The Chair of the Federal Reserve at the...

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Simon Alagbe


Morning Insights 6th October

Instrument: EURGBPThe bearish momentum on the pair continued in yesterday’s session, seeing the pair trading to the support region around the 0.85 price levels. The energy crisis across the UK and t...

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Simon Alagbe


Morning Insights 5th October

Instrument: AUDUSDThe Aussie continues its recent gains against the Greenback in Yesterday's session ahead of key employment data scheduled for release this week. The Greenback has enjoyed relative st...

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Simon Alagbe


Morning Insights 4th October

Instrument: EURAUDThe pair rebounded from the 1.5976 support zone in the early session on Friday before surrendering all of the gains after the release of weaker than expected German Final Manufacturi...

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Simon Alagbe


Morning Insights 30th September

Instrument: EURUSDThe pair is hovering around a level not seen since October 2020, after the buck gained traction because of the mounting expectations that the Federal Reserve will taper stimulus from...

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Simon Alagbe


Morning Insights 27th September

Instrument: GOLDsThe yellow metal ended the week bearish but recovered some lost ground on Friday as investors fret about the debt situation of the Chinese Evergrande Group and its effect on the globa...

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Simon Alagbe

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