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…
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…
Line charts, candlestick charts, patterns and trends are some of the concepts you may have heard if you are interested in trading. By the end of this article, you will understand what a trading chart is, how to read it and how to apply technical analysis; what types of charts exist; what a trend is, Read More…
As beginner investors, it is necessary to get into market research, reviews, and decide what kind of active trader you will be, how you will analyze the market, what strategies you will implement in your trading platform, and what tools you will use to reach your trading goals. Luckily, the financial world offers a number Read More…
