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NZD/USD plunges more than 1%, hits 6-week low on improved US business activity
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US Dollar benefits from upbeat Manufacturing and Services PMIs for April.
Fed’s Harker signals the…
Intermarket Market Weekly Recap: Apr. 17 – 21, 2023
This week’s inflation and labor data releases put the spotlight back on monetary policy trends and their impact on economic growth.
Unfortunately for risk assets, this week’s data releases pointed to a prolonged period of high interest…
Pound Sterling Price News and Forecast: GBP/USD Price Analysis: Doji candlesticks around 1.2430
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After a tranche of UK and US economic data, GBP/USD stays in sideways choppy trading, keeping the…
FX Play of the Day Recaps: April 17 – 20, 2023
It’s Friiiiyay! But before we head off to the weekend, here’s a quick recap of this week’s feature FX strategies, how the price action played out and lessons to take away.
Forex Setup of the Week: GBP/USD – April 16, 2023
GBP/USD 1-hour…
Doji candlesticks around 1.2430 flashes bulls/bears’ indecision
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GBP/USD cracking 1.2400 could trigger a bearish resumption, exposing 100 and 200-day EMAs at 1.2173.…
UCAR sheds 35% after explosive IPO
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UCAR stock rose 620% on Thursday IPO.
U Power is a Chinese battery-swapping company.
IPO shares…
Dollar Index (DXY) Bid on Fed Speak
U.S. DOLLAR ANALYSIS & TALKING POINTSIncreasingly aggressive Fed guidance has bolstered the DXY, rangebound movement expected throughout today.Fed’s Cook and S&P PMI data under the spotlight later today.DXY awaits triangle…
XAU/USD sinks below $2,000 as US PMIs improve and recession fears fade
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Gold price dives on a surprisingly positive US S&P Global PMIs.
Improvement in business…
USD/JPY Jumps on US PMI Data Beat as US Treasury Yields Resume Rally
USD/JPY OUTLOOK:USD/JPY jumps after U.S. PMI data surprises to the upsideStrong economic activity boosts Treasury yields across the curve, reviving expectations for “higher-for-longer” interest ratesS&P Global Composite PMI clocks in…
Your best assistant is the Chaikin Oscillator. – Analytics & Forecasts – 21 April…
1. The Theory - How to Use IndicatorDeveloped by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair. The indicator is based on the fact…