USD/SEK Reached an 18 Year High Amid Coronavirus Crisis

Could the Swiss Franc Break the 0.9745 Mark?

China to Recovery After Battling COVID-19

April 23rd

The Kiwi Tumbled Below the 0.60 Mark

April 22nd

The Aussie Rebounded After a Huge Drop in…

April 20th

A Huge Drop in Oil Prices: What’s Happening?

April 18th

Why the American Dollar Is Appreciating Against the Loonie?

Using the monthly chart for the USD/CAD, it is clear that the price is ranging between two levels the 1.4080 and 1.2085.
April 17th

GBP Is Testing a Monthly Resistance: Could the Pound Break It?

The pound is facing strong resistance to the 1.2575 level. Rishi Sunak is 'deeply troubled' by OBR warning of 35% fall in UK GDP
April 15th

Gold Is Shining, Breaking All the Highs

Gold has been rallying like a rocket towards 1800 level since the beginning of March. What's next?
April 14th

Could We Expect a Big Drop in the US Dollar Index Next Week?

USD facing a big drop. The index is facing pressure since it touches a monthly resistance line with a value of 103.21.
April 13th

EUR Bearish, USD Bullish as Week One of the Second Quarter Draws to a Close

EUR bearish, USD bullish as Week One of the Second Quarter draws to a close.
April 5th

EUR/USD – Uncertain Levels

EUR/USD is testing crucial monthly support that will likely determine the likelihood of its next short-term rally.
April 2nd

Crude Oil Hits 18-Year Low

Oil prices have dropped massively to an all time low, since the start of the Coronavirus outbreak.
April 2nd

EUR/USD Downside Momentum To Resume

EUR/USD – Short Term Strength To Fade? Weekly Chart – EUR/USD 30/3/2020 22:00 PM Essential Insights EUR/USD remains underpinned in a long-term bearish channel structure, despite recent dollar weakness. Technicals As illustrated in the image above, prices have remained within the weekly bearish descending channel structure. Prices were unable to…
March 30th

Dollar Index to climb higher?

Daily Chart – Dollar Index 27/03/2020 06:00am Essential Insights The dollar index fell from a high of 103.00 as the Federal Reserve announced new rounds of monetary support and as a $2 trillion U.S. fiscal stimulus package was announced. Technicals The DXY (dollar index) has declined 2% this week, though…
March 27th

EUR/USD – Time for a Retracement?

Daily Chart – EUR/USD 26/3/2020 06:00am Essential Insights: EUR/USD briefly dipped below key monthly support at around 1.0892 as the dollar slipped and risk appetite increased after the FED announced its unlimited Quantitative Easing (QE) programme. Technicals: Price is currently testing key support at 1.0892, the previous monthly candle pierced…
March 27th

EUR/GBP Wrestles Hard Amidst USD Drop on COVID-19

The depth of the COVID-19 pandemic has plunged the EUR/GBP into a rollercoaster ride.
March 27th

GBP/USD Update 26 March 2020

Daily Chart – GBPUSD 26/3/2020 06:00am Essential Insights Cable has fallen to a record low of around 1.1413, slipping far below levels seen since the 2007 financial crisis. Prices have since retraced slightly, bolstered by greater risk appetite and anticipation of the BOE’s monetary policy decision today. Technicals Cable has…
March 26th