Morning Insights 17th November

Instrument: USDJPYThe release of better than expected economic data boosted the greenback in yesterday's session. Core Retail Sales and Retail Sales Data released by Census Bureau showed a positive ch...

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Simon Alagbe


Morning Insights 15th October

Instrument: GOLDsThe Precious metal ended the week higher on Friday to continue its recent resurgence. I expect the yellow metal to react to the statement of Neel Kashkari, the President of the Bank o...

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Simon Alagbe


Morning Insights 10th November

Instrument: EURGBPThe common currency traded slightly higher against the Cable in yesterday's session after a 2 days retracement from around the 0.85913 resistance zone. The Cable lost some ground aft...

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Simon Alagbe


Morning Insights 8th November

Instrument: GOLDsThe precious market hit a height last attained two months ago after the greenback retreated despite positive job data released last week. Bureau of Labor Statistics reported that 531,...

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Simon Alagbe


Morning Insights 1st November

Instrument: DAXThe Index gaped up on opening for this week as positive corporate earnings reports of the previous week supported bullish sentiment. The general market condition became stabilised by th...

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Simon Alagbe


Morning Insights 27th October

Instrument: USDJPYThe pair gained positive traction in the session yesterday, continuing the rebound after shedding some gains in the latter part of last week. The release of impressive economic data ...

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Simon Alagbe


Morning Insights 26th October

EURAUDThe Aussie continues its strong bullish move against the major currencies as the dominant risk-on mood in the market boosted the currency. The recent spike in prices of the commodity has been a ...

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Simon Alagbe


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

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