USDCAD – a possible downward correction

The pair Canadian dollar with the US dollar (USD/CAD) has been moving in a slightly upward channel for several months. Last Friday, the price...

GBPUSD – inverted Head and Shoulders signals upward correction.

The first quarter of this year has not been kind to the British pound, which lost more than 13% to the US dollar. However,...

A week of central banks and monetary decisions in Australia, the US and the...

It promises to be an interesting week. Starting Tuesday and ending Friday the economic calendar is filled with important macroeconomic events. Australia, USA, UK...

USDJPY – the weakening of the yen may continue for some time.

It has not been a successful year for the Japanese yen (JPY). Starting from January 2022, the Japanese currency has lost more than 10%...

GBPUSD – can tomorrow’s CPI data push the pair higher?

Tomorrow (Thursday 23.03) the UK CPI inflation report will be published, which is forecast to be 6% for main figures and 5% for core...

USDJPY – Analyzing Price Action for the week of 07 Feb, 2022

By Ravi Madan: This pair has been bullish for about a year but in Nov. it found resistance at 115.40 . The sellers came...

GBP/USD with inside bar – will the Bank of England raise interest rates?

Sterling has depreciated sharply against the US Dollar since mid-January, a trend that intensified last week after the Fed reassured the financial world that...

Yen gets some love, SP500 drops, bond yields over 1.8%

The second week of 2022 began with a strengthening Japanese currency and declines in the SP500 index which, with US bond yields rising strongly,...

GBPUSD – bullish outside bar on demand zone 29.11.2021

The pair British pound with the American dollar on the 1st of June established the maximum of the current year at the level of...

USDJPY – can reach 120 at the end of the year?

Jerome Powell has been nominated for another term as head of the Federal Reserve (Fed). As a result, markets believe more strongly in a...

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