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Fri, Feb 03, 2023

Latest Trading News and Chart Analysis

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USDJPY Hit 7-Year High Following BOJ Bonds Offer

USDJPY is moving in an Ascending triangle pattern and the market has reached the Multi year resistance area of the…

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USDCNH Near Two-Week Low Following Shanghai Lockdown

USDCNH This Past Week USDCNH Monthly time Frame Market has reached the higher low area of the Ascending channel Pattern.…

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Crude Oil Unstable as Sinopec Investment and U.S. Storage Shortage

Crude Oil Market has fallen from the Lower high area of the Descending triangle pattern. Before the events that unfolded…

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USDJPY Still Climbing Following BOJ Kuroda Speech

After 7 years, USDJPY has reached the multi-year resistance area in the higher timeframe weekly chart. USDJPY This Past Week…

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EURUSD Unstable Following IFO Report and LNG Deal

EURUSD Market has rebounded from the higher low area of the Ascending triangle pattern EURUSD This Past Week EURUSD can…

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XAUUSD Gains Ground Amid NATO Talks And Interest Rate Fears

XAUUSD This Past Week XAUUSD has been through quite a lot this past week as it has seen some of…

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XAUUSD At Weekly High Amid Worsening Conditions In Europe

Where Is XAUUSD Things took a surprising turn for this valuable commodity early on Thursday when it started shooting up…

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GBPUSD In Hot Waters Following PMI Report and Sunak Speech

GBPUSD Market has rebounded from the higher low area of the Ascending channel. GBPUSD This Past Week This past week…

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Pound Prepares For Upcoming PMI Reports Release

GBPUSD Market has reached the higher low area of the Ascending channel The Chartered Institute of Procurement and Supply will…

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Dollar Markets Await Upcoming BIC Powell Speech

Impact On GBPUSD GBPUSD hits the old resistance which has chances to become new support. This upcoming BIC conference is…

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AUDUSD Crosses Two-Week High Following RBA Lowe Speech

AUDUSD This Past Week AUDUSD started the week off pretty stable with no large price movements in the market. By…

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EURUSD Unstable Following Feds Speech And Peace Talks

EURUSD This Past Week EURUSD has been the most discussed major forex pair these past few months. Credit for this…

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