EUR/USD: Additional Accommodative Nonetary Policy Guidance from ECB May be Forthcoming

GBPNZD reversed from key resistance level 2.1840 Likely to fall to support level 2.1600 GBPNZD currency pair recently reversed down from the resistance zone between the key resistance level 2.1840 (which has been reversing the pair from July) and the upper daily Bollinger Band. The downward reversal from this resistance zone will likely form the […]

Oil is losing more than 1% on Monday, below $84 a barrel for WTI and below $89 for Brent after Friday’s rollercoaster, when prices peaked above $87 and $91.6, respectively. The drivers were geopolitics, where fears of an escalation of the conflict between Israel and Palestine fueled the growth. The decline was helped by the […]

USDJPY made big, sharp and impulsive sell-off through summer. That was wave (A) that caused a bounce in last two months, for a rally in (B) which is now at important 153-155 resistance, but there’s no evidence of a reversal yet, unless we see a bearish intraday impulse, below 146.50, where overlap will likely confirm […]