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


Morning Insights 24th September

Instrument: USDCADThe pair closed lower in the session yesterday buoyed by the gains recorded in prices of crude oil (Canada Major export product). The decline in the U.S. Treasury yield and weaker th...

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Simon Alagbe


FOMC Meeting: What to expect

Federal Open Market Committee (FOMC) is not expected to announce any major policy change at the end of their two days meeting later today but the Fed could send some signals which could jitter the mar...

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Simon Alagbe


Morning Insights 21st September

Instrument: EURCHFThe pair broke got rejected around the 1.09314 resistance zone before breaking through two previous support zones around the 1.09052 and the 1.08708 levels and is expected to surge s...

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Simon Alagbe


Morning Insights 20th September

Instrument: EURUSDThe fibre continues to lose ground against the greenback as a series of positive economic data released from the United States dominated sentiment. The principal focus of participant...

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Simon Alagbe


Morning Insights 16th September

Instrument: GOLDsThe CPI data released on Wednesday has dominated sentiment and has weighed heavily on the precious metal. The instrument has provided mixed signals in the last few days with every bul...

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Simon Alagbe


Morning Insights 15th September

Instrument: NZDUSDThe greenback traded higher against the Kiwi in the session yesterday after the latest Consumer Price Index data raised doubts that tapering of assets will begin in 2021. The Federal...

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Simon Alagbe

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