Market News & Analysis

Market Analysis and News

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NZDUSD jumps above 0.58800!
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27 Nov 01.45

NZDUSD jumps above 0.58800!

The NZDUSD jumped about 0.88% today, breaking a 5-day losing streak against the US Dollar.

US Dollar index briefly reaches above 107
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26 Nov 12.36

US Dollar index briefly reaches above 107

The U.S. dollar index briefly reached above 107, after U.S. President-elect Trump said he would impose trade tariffs on China, Mexico and Canada.

LATEST ANALYSIS
XAUUSD edges towards 50-SMA despite stronger GDP reading
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26 JAN clock 13:37

XAUUSD edges towards 50-SMA despite stronger GDP reading

Bullion bulls have managed to regain the momentum and are now trying to bring the price back up to the key pivot level at 50-period SMA (~2026.828)
EURUSD upticks towards 50-period SMA ahead of ECB meeting
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25 JAN clock 12:22

EURUSD upticks towards 50-period SMA ahead of ECB meeting

The markets are displaying cautious optimism ahead of the ECB’s interest rate decision and commentary regarding the future policy.
USDInd slips below 200-SMA ahead of US PMI reading
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24 JAN clock 09:56

USDInd slips below 200-SMA ahead of US PMI reading

US dollar index consolidates at around 103.363 ahead of US macro-economic readings: PMI – today & Q4 GDP – tomorrow.
BTCUSD is testing the 50-SMA
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23 JAN clock 13:26

BTCUSD is testing the 50-SMA

Bitcoin has dropped below the psychologically important $40000 amid the funds outflows from the newly introduced BTC spot ETFs.
EURJPY trading above 161 ahead of BoJ policy meeting
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22 JAN clock 08:07

USDJPY trading above 161 ahead of BoJ policy meeting

This week sees policy meetings by the European Central Bank and the Bank of Japan: the central bank that sounds more dovish might see its currency weaken.
BRN reaches above the 50-period SMA
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19 JAN clock 13:32

BRN reaches above the 50-period SMA

Oil prices see an uptick amid the geopolitical tensions and US’ decrease in production amid the severe weather conditions.
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