Instrument: EURUSDThe Greenback continued its recent dominance against the common currency in Yesterday's session. Economic data releases from the United States has pointed to a strong economic recove...
Instrument: EURGBPThe formation of a pin bar on the pair in the session yesterday could suggest either the exhaustion of the bearish trend or offer some temporal relief for the bulls.Technicals: ...
Instrument: USDJPY The data released by the Department of Labor showed that the number of individuals who filed for unemployment insurance for the first time fell more than expected, lending furt...
Instrument: USDCADThe pair closed as a doji yesterday signalling indecision. The release of better than expected GDP data from Canada favours the Loonie but it surrendered the gains to the strength of...
Instrument: DAX (DE30) The index opened lower this morning as fears over rising inflation and the emergence of a new variant of the novel coronavirus hit sensitive sectors of the economy. This de...
Instrument: USDCADThe pair gained traction in yesterday's session as retreating oil prices weighed on commodity supported Loonie. I expect the move to be sustained in today's session as Oil continues ...
Instrument: EURUSDThe pair edged marginally higher in yesterday's session buoyed by positive German ifo Business Climate while there was a noticeable increase in the number of individuals filing for u...
Instrument: EURUSDThe pair edged lower in yesterday's session sequel to the slight gains in the dollar index which tracks the relative strength of the greenback to a basket of six major currencies. Th...
Instrument: EURUSDThe pair surged higher after the testimony of the Federal Reserve Chair, Jerome Powell yesterday before the House Select Subcommittee on the Coronavirus Crisis. Mr Powell indicated t...
Instrument: EURUSDTechnical AnalysisBullish Preference: Buy position is envisaged if price trades above 1.21538 with take profit at 1.21687.Bearish Preference: Sell position is envisaged if price trad...
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