No progress in the negotiations on the U.S. debt ceiling. Markets are getting more nervous. Overview of USD, CAD, JPYU.S. stock markets are down for the second straight day without any sign of an... Read more >>
Gold's rally pauses, with new surge on horizonGold's upward momentum has paused after this week's mixed performance. However, analysts remain optimistic and believe that gold will surge to new highs.... Read more >>
Hot forecast for GBP/USD on 23/05/2023Throughout Monday, the pound was mostly stagnant, and this won't last for long, so the market will definitely come alive today. Especially since preliminary PMIs... Read more >>
EUR/USD. Week Preview. Buckle up, price turbulence expectedThe EUR/USD pair failed to consolidate within the 7th figure by the end of the past week: at the end of Friday, EUR/USD bulls organized a... Read more >>
EUR/USD. Steep plunge: The pair has hit multi-week price lowsThe EUR/USD pair is plunging across all pairs, developing a downtrend. The EUR/USD bears managed to overcome the support level of 1.0770... Read more >>
Gold stumbles due to Fed rate hike expectationsGold exhibited mixed performance this week, rising strongly and then pulling back from recent peaks. Analysts believe that gold's rally is currently on... Read more >>
Hot forecast for GBP/USD on 15/05/2023The first estimate of the UK's GDP for the first quarter was supposed to show the danger of an approaching recession, as the economic growth rate could slow from... Read more >>
Hot forecast for EURUSD on 12/05/2023Yesterday, everything revolved exclusively around the Bank of England meeting. And its results were the reason why the euro got significantly weaker. More... Read more >>
Markets cautious ahead of the US inflation report. Overview of USD, EUR, GBPMarkets were cautious on Wednesday morning as they await the results of talks between Biden and House Speaker McCarthy on... Read more >>
Changes to the trading schedule – May 2023Dear traders,We’d like to inform you that due to public holidays celebrated in May, there will be changes to the trading schedule. Please refer to the table... Read more >>
Oil prices have many positive factors for growthOil prices were up and down on Wednesday afternoon. The West Texas Intermediate (WTI) for May delivery was trading at $73.39 a barrel, up 0.36% on the... Read more >>
Hot forecast for EUR/USD on 27/03/2023At first glance, preliminary estimates of PMIs in Europe turned out to be very good. At 55.6, the services Purchasing Managers' Index hit a 10-month high in... Read more >>
EUR/USD and GBP/USD trading plan for beginners on March 23, 2023Details of the economic calendar on March 22The U.S. Federal Reserve raised its benchmark interest rate for the eighth time in a year.... Read more >>
Hot forecast for GBP/USD on 20/03/2023The US industrial production report turned out to be much worse than expected and the previous data was revised from 0.8% to 0.5%. And instead of slowing to... Read more >>
Trading Signal for GOLD (XAU/USD) for March 17 - 20, 2023: key level $1,921 (21 SMA - symmetrical triangle)Early in the European session, Gold (XAU/USD) is trading around 1,927, above the 21 SMA, and... Read more >>
Hot forecast for EUR/USD on 13/03/2023All of the recent labor market data in the United States clearly indicated that the content of the Labor Department report would be very different from what had... Read more >>
Hot forecast for GBP/USD on 10/03/2023At first glance, it is not surprising that the pound was able to show quite good growth yesterday, as the data on unemployment claims in the United States was... Read more >>
Breaking forecast for EUR/USD on March 9, 2023Jerome Powell's speech led to a slump in the single currency and forced investors to revise their attitude toward the current state of affairs. Against... Read more >>
Trading signals for GOLD (XAU/USD) on March 6-7, 2023: buy above $1,853 (200 EMA-21 SMA)Early in the European session, gold is trading around 1,852.80, above the 200 EMA and above the 21 SMA. We can... Read more >>
European stock markets show declinesYesterday, European stock exchanges closed mostly with declines. The exception was the FTSE 100 index, which rose by 0.49%. All other indices dropped. The DAX... Read more >>
EUR/USD looking for direction as market faces uncertaintyYesterday, the greenback lost almost 0.6% against its main rivals, including the euro.On Monday, the US dollar stopped its four-day winning... Read more >>
GBP/USD: Breaking forecast on February 28, 2023Yesterday, the greenback plunged on the back of disappointing macro statistics in the US. Thus, durable goods orders tumbled by 4.5% after surging by a... Read more >>
EUR/USD and GBP/USD trading plan for beginners on February 22, 2023Details of the economic calendar on February 21Particular attention was given to the preliminary assessment of business activity... Read more >>
EUR/USD and GBP/USD trading plan for beginners on February 20, 2023Details of the economic calendar on February 17Friday's U.K. retail sales data reflected a slowdown in the rate of decline... Read more >>
Technical Analysis of EUR/USD for February 16, 2023Technical Market Outlook:The EUR/USD pair has been seen moving lower after the bounce from the level of 1.0656 had been capped at 50 MA on H4 time... Read more >>
