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03 May 2022 – FX daily insight

market news summary Euro remains weak; WTI is at a critical level; Gold losing $25 per ounce; Bitcoin is unlikely to recover. U.S. Dollar Index (USDX) The U.S. Dollar traded slightly below 103.50 near its all-time high slightly at 103.90. As mentioned before the price is expected to trade around the range of 103.50 forContinue Reading
Written on May 3, 2022 at 7:59 am
Categories: News Technical Analysis
Tags: Technical Analysis
02 May 2022 – Daily FX Update

Overview German data is not helping Bonds steal the light from gold Trading volume is low due to holidays FOREX U.S. Dollar The dollar was higher in early trade in Europe on Monday, riding another wave of risk aversion as fresh economic data testified to a sharp economic slowdown in China. The dollar index wasContinue Reading
Written on May 2, 2022 at 10:23 am
Categories: News Fundamental Analysis
Tags: Fundamental Report
02 May 2022 – FX daily insight

Market news summary Euro remains weak; The crude oil trend is indecisive; Gold will react to FOMC meeting; Bitcoin is temporarily safe. U.S. Dollar Index (USDX) The U.S. Dollar traded slightly below 103.50 near its all-time high slightly at 103.90. The index is strongly supported above the tight range between 103 and 103.20, indicating thatContinue Reading
Written on May 2, 2022 at 8:11 am
Categories: News Technical Analysis
Tags: Technical Analysis
01 May 2022 – The Week Ahead

Outlook: In the week ahead, we provide you with the necessary information to build your strategy with up-to-date expectations for the upcoming week. Market participants will have their hands occupied with another volatile week full of data accompanying the crucial FOMC meeting. Fed will announce their rate, which will be a 50 basis points increaseContinue Reading
Written on May 1, 2022 at 11:28 am
Categories: News In the Spotlight
Tags: The Week Ahead
29 April 2022 – FX daily insight

Market News Summary Euro remains at five years low; Crude oil trend is unclear; Gold indecisive; Bitcoin set for further decline. U.S. DOLLAR INDEX The price of the US index has reached an all-time high of roughly 104.00, indicating that it is in an overall optimistic trend. The hourly chart shows a price retreat toContinue Reading
Written on April 29, 2022 at 8:37 am
Categories: News Technical Analysis
Tags: Technical Analysis
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