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Will Eurozone CPI Drop Change ECB View?
Will Eurozone CPI Drop Change ECB View?

Inflation Falls SharplyThe latest set of eurozone inflation figures released this morning make for more encouraging reading for the ECB. Annual headline and core CPI were both seen falling last month....

EURJPY H4 | Bullish breakout
EURJPY H4 | Bullish breakout

TitleEURJPY H4 | Bullish breakoutTypeBullish BreakoutPreference:Price is approaching the pivot point of 149.164 and could potentially break out to the upside from here; we could see momentum carry...

What Does Tomorrow's NFP Mean For USD?
What Does Tomorrow's NFP Mean For USD?

US Jobs On WatchThe latest set of US labour market data tomorrow is drawing plenty of attention. While the NFP is typically one of the most market-moving data points each month, given the shift in Fed...

Is the Dollar Rally Losing Steam? New Banking Sector Shocks Prevent the Fed from Rising too High and too Fast
Is the Dollar Rally Losing Steam? New Banking Sector Shocks Prevent the Fed from Rising too High and too Fast

Contrary to expectations, the number of job openings per unemployed person in the United States increased again in April. JOLTS reported this yesterday:After several months of decline, demand pressure...

NZDUSD H4 | Potential Bullish Divergence
NZDUSD H4 | Potential Bullish Divergence

TitleNZDUSD H4 | Potential Bullish DivergenceTypeBullish BouncePreference:Pirce is currently at our pivot point of 0.60064 which is a swing low support level. A bounce off from here, price could rally...

GBPUSD H1 | React off 61.8%
GBPUSD H1 | React off 61.8%

TitleGBPUSD H1 | React off 61.8%TypeBullish BouncePreference:Price has just bounced off our pivot point at 1.23724 which is a pullback support level that aligns with a 61.8% Fibonacci retracement. A...

Inflation Surprise for the ECB
Inflation Surprise for the ECB

EURUSD slipped by almost half a percent during Asian trading on Wednesday:As mentioned in the previous article, it might be wise to hold off on shorting the dollar. Other majors are also losing...

Daily Market Outlook, May 31, 2023
Daily Market Outlook, May 31, 2023

Daily Market Outlook, May 31, 2023Most Asian equity markets traded lower as they took cues from a mixed handover from Wall Street. Investor sentiment was clouded by opposition to the debt ceiling bill...

GBPJPY H4 | A bounce off support level
GBPJPY H4 | A bounce off support level

TitleGBPJPY H4 | A bounce off support levelTypeBullish BouncePreference:Price has just bounced off our pivot point of 172.48 which is a pullback support level. A bounce from here, price could rally to...