Traders Brace For ECBToday’s ECB meeting holds the potential to create plenty of fireworks. On the back of the Fed signalling a pause along with yesterday’s .25% hike, the ECB is expected to push...
EURJPY Testing Key Support Ahead of ECB
EURJPY CorrectionEURJPY is at a critical juncture ahead of the ECB meeting today. Following a breakout above the 148.37 level last week, price has since reversed from highs above 152 and is now...
Bitcoin Rallies As Fed Signals Pause Ahead
Fed Signals Likely PauseBitcoin is trading higher today on the back of the May FOMC yesterday but hasn’t quite seen the breakout move that many were hoping for. The Fed was seen hiking rates by a...
CADJPY Falling Hard Ahead of Fed
CADJPY CollapsingCADJPY is on the watchlist today for short opportunities. The pair has been falling sharply lower this week while retail traders buy heavily into the decline. In light of this, the...
Pfizer Earnings Soar in Q1 Despite Covid Sales Drop
Pfizer Shares Rally on Q1 Earnings BeatDespite a tough day for stock markets on Tuesday, shares in US pharma company Pfizer were seen rising over the session following the release of...
EURUSD Rallying Ahead of FOMC
EURUSD Pushing Higher EURUSD is rallying firmly ahead of the FOMC later today. The pair has been on a strong run since the March lows, gaining around 5.5% as narrowing yield spreads between EU and US...
AUDCHF Rallying As Retail Sells
Retail Heavily Short AUDCHFAUDCHF is a strong candidate for long opportunities. The pair has rallied firmly off the recent lows, breaking out above key resistance levels. Meanwhile, the retail market...
Aussie Rallies on Surprise RBA Rate Hike
Aussie Rates At Highest Level Since 2012The Aussie is soaring today on the back of the RBA unexpectedly announcing a fresh rate hike at its May meeting overnight. The bank hiked rates from 3.6% to...
HSBC Shares Spike Pre-Market On Big Earnings Beat
Solid Q1 Earnings Beat HSBC shares are trading firmly higher ahead of the open today after the bank released a bumper set of Q1 earnings. Amidst the return of concerns for the US banking sector on the...
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