Wednesday marks the fourth consecutive day that the CHF/USD pair has seen strong bearish momentum. The dollar surged near two-year highs in response to the Fed’s hawkish outlook. CHF safe haven boosted by softer risk tone ahead of FOMC minutes. In the first half of the European session, the CHF/USD futures (MSF1) exchange rate maintained Read More…
The 2-year yield in the US is nearly 2.5 percent for the first time since early 2019. The dollar continues to rise despite the mixed note in rates. The key focus for market participants is interest rate hikes in the United States and Europe’s ban on Russian gas. Future prices for EUR/USD (6E1) remain strongly Read More…
Rising US yields weigh on the JPY/USD futures. The Bank of Japan maintains its dovish policy, further igniting the bears. US PMIs, durable goods data, and Fedspeak are the key focus for the market participants. Futures prices for JPY/USD (6J1) remain strongly influenced by US Treasury yields. However, we anticipate that the pair will gain Read More…
This guide will talk about the Fibonacci Moving Averages with the RSI indicator on the Light Crude Oil Futures. We all know that market phases are cyclical. They increase, peak, drop, and fall to their lowest point. The end of one market cycle signals the start of the next. So, to make better use of Read More…
The gold futures (GCJ2) briefly gained on Monday as the new week started. The precious metal rose as the risk aversion intensified amid Russia’s rejection to surrender Mariupol. However, the gains in gold futures are limited as the US Treasury yields have significantly gained on the day. Fed’s hawkish plan The FOMC raised the interest Read More…
For weeks, there has been speculation that Russia is planning an invasion of Ukraine. However, some security analysts doubt that the Russian leadership is preparing for war. Nevertheless, Ukraine conflict would have ramifications across various economies and financial markets, including goods pricing, cryptocurrency, and stock markets, keeping financial market participants on edge. As a result, Read More…
Fundamental analysis is important in the investment industry, whether you want to be an investor or a trader. The fundamental analysis approach is a way to evaluate the performance or value of an investment asset that you are interested in. Fundamental analysis does not utilize previous data trends to anticipate prices, unlike technical analysis, which Read More…
Equity markets are known to be trending in nature over the years. With capital flows, investments, and economic expansion, developed world equity markets tend to go up by time thus compensating investors for the risk they are taking and the liquidity they are providing. This article will discuss a technical tool used to determine and follow the trend by showing showing an example on the S&P500 index.
The US has recently seen a surge in the value of inflation, which has widespread repercussions as seen from the response from forex trading and other circles. There are different perspectives regarding the impacts of US inflation, as some take it as a positive driving force while others believe that it leads to a struggling Read More…
Over the last few months, rising oil prices have many market participants’ attention. The chart below shows the price of oil, which peaked at the end of October 2021 and then fell about 25%. It bottomed in early December 2021 and hasn’t looked back. Oil broke through the Oct 2021 high of $85 a barrel Read More…
