Nikkei 225: Bullish Breakout With Improved Market Breadth

Financial market volatility has plunged to its lowest level in almost four years, according to the VIX index. This so-called “fear index” fell to 12.45 on Friday, the lowest level since January 2020. Such low levels could be both a sign of the market entering a smooth bullish trend or a lull before a sharp […]

EUR/USD: Reasons Behind the Dollar’s Strengthening The past week was notably sparse in terms of macroeconomic statistics. Consequently, the market participants’ sentiment largely depended on the statements made at the World Economic Forum in Davos (WEF). It’s worth noting that this event, held annually at a ski resort in Switzerland, gathers representatives of the global […]

Gold has been hitting all-time highs almost daily for the past two weeks, reaching $2365 in the spot market on Tuesday before the start of US trading. The ability to rise above $2070 per ounce, which gold found in late February, has signalled a break of resistance that has kept gold above since August 2020. […]