The Two Wolves of Monetary Policy

Markets One of the biggest-ever IT outages sparked volatility at the start of European trading but without lasting impact on general markets. A security update by CrowdStrike caused a global problem with Microsoft’s Windows. UK retail sales also printed at the onset of trading and failed to settle the debate on the outcome of the […]

GBPJPY reversed from resistance level 79.15 Likely to fall to support level 184.50 GBPJPY currency pair recently reversed down from the key resistance level 188.55 which has been reversing the price from November, as can be seen below. The downward reversal from the resistance level 188.55 started the active short term impulse wave c. Given […]

NZDUSD dives almost 4% from the July high of 0.6150 Price may rebound off 0.5875 20- and 200-day SMAs record a bearish cross Momentum oscillators indicate upside correction NZDUSD has been creating an aggressive bearish rally since the break beneath the short-term uptrend line, diving almost 4% after the pullback from the 0.6150 resistance. The pair posted a fresh 12-week low […]