Real Account Demo Account Login
Geopolitics are in focus in Asia this week as U.S. President Joe Biden tours the region, promoting greater U.S. economic engagement and seeking to push back against China influence As long as the G...
23 May 22 (Mon)
The euro rallied on Monday as investors sold the dollar on hopes that loosening lockdowns in China could help global growth. As long as the EURUSD pair trades above 1.0654, on a four-hourly basis,...
As long as the GOLD price stays above 1854 on a four-hourly basis, we will see the resistance level at 1873. On the downside, if the price breaks down below 1854, the next support level will be at 1829...
Focus on the 0.8488 main resistance level in the EURGBP pair. As long as the pair stays below 0.8488 on a daily basis, we will follow the support level at 0.8415. On the other hand, if the price goes beyond...
A surge in U.K. inflation to a 40-year record fostered worries for a sharp economic slowdown. As long as the GBPUSD pair stays below 1.2574, on a four hourly basis, the selling pressure will continue support...
As long as the EURUSD pair trades above 1.0576, on a four-hourly basis, the main resistance level can be found in 1.0654. On the other hand , if the price drops below 1.0576, the support level can be seen at...
Gold was down with a steady dollar and elevated Treasury yields weighing on the greenback-priced bullion, whose outlook has already been dampened by the U.S. Federal Reserve aggressive stance on inflation
20 May 22 (Fri)
The euro surged against the dollar Thursday as the release of the account of the European Central Bank April meeting showed concern over inflation had tipped dovish members of the central bank into supportin...
The U.S. dollar headed for its worst week since early February against major peers on Friday, weighed down by a retreat in Treasury yields and fatigue after the currency breathless 10%, 14-week surge....
Concerns are now growing that the Fed and other central banks have fallen behind in curbing inflation and will need to be ever more aggressive in tightening policy. The ongoing war in Ukraine, precipitated b...
Gold was down on Thursday morning in Asia, with a steady dollar and elevated Treasury yields weighing on the greenback-priced bullion, whose outlook has already been dampened by the U.S. Federal Reserve aggr...
19 May 22 (Thu)
A surge in U.K. inflation to a 40-year record fostered worries for a sharp economic slowdown. As long as the EURGBP pair stays below 0.8488 on a daily basis, we will follow the support level at 0.8...
Poor U.S. housing data on Wednesday added to slowdown concerns, and Fed Chair Jerome Powell had ratcheted up the hawkish rhetoric the previous day by saying the U.S. monetary authority would push interest ra...
The U.S. dollar rose on Wednesday, on pace to snap a three-session losing streak, as concerns about the outlook for global economic growth and rising inflation knocked sentiment a day after U.S. Fe...
The greenback has edged from a two-decade high this week and was a touch softer across the board in early Asia trade, while U.S. bond yields have pulled back slightly as traders reckon aggressive near-term h...
18 May 22 (Wed)
The pound surged Tuesday as a stronger-than-expected labor market is expected to give the Bank of England the green light to continue hiking rates ahead of the record U.K. inflation report expected Wednesday...
The Fed chief said the U.S. central bank was prepared to stay the course on rate hikes until it was clear that inflation was abatin Keep your eye on 1.2574 main resistance level. As long as the GBPUSD pair s...
Federal Reserve Chairman Jerome Powell said Tuesday there was broad support among Fed members to raise the Fed benchmark rate by half a percentage point at the next two meetings to curb inflation. ...
We are closely watching the 1829 main resistance level in the GOLD price. As long as the price stays below 1829, on a four-hourly basis, we will see the daily support levels at 1805 and 1785. On the upside,...
17 May 22 (Tue)
The GBPUSD is getting a boost to new highs helped by comments from BOE Bailey that inflation is the central banks biggest challenge, and rising food price were also a major worry. The BOE warned that inflati...
The U.S. dollar was down slightly on Monday after hitting a 20-year peak last week. As long as the GOLD price stays below 1829, on a four-hourly basis, we will see the daily support levels at 1805...
16 May 22 (Mon)
The euro was pulled from its earlier lows after European Central Bank policymaker Francois Villeroy de Galhau said the common currency weakness could threaten the ECB efforts to steer inflation towards its t...
We use cookies on our website to optimise user experience and by continuing to use this website you consent to this. Learn more about cookies Cookie Policy Disclosure.