November 19, 2024

Market Movers: U.S. Investment Boom, Inflation Data & Central Bank Updates

On Tuesday, November 19, 2024, the economic calendar highlights significant global events and data releases.  The day begins with the U.S. TIC Net Long-Term Transactions for September, which showed a...

November 18, 2024

Markets React to Inflation Data, Trade Balance Reports & Central Bank Speeches

On Monday, November 18, 2024, key economic events include the release of New Zealand’s Producer Price Index (PPI) Input data, which revealed a 1.9% increase in the third quarter, significantly...

November 18, 2024

Technical Analysis 18.11.2024

EURUSD The EUR/USD chart reflects a persistent downtrend as the pair remains firmly below the Ichimoku cloud, indicating bearish sentiment dominates the market. Over recent sessions, the pair has shown...

November 15, 2024

Technical Analysis 15.11.2024

XAUUSDThe XAU/USD (Gold) chart reflects a bearish trend in recent weeks, with the price experiencing a sharp decline from around 2,750 to the current level near 2,555.65. This downward movement...

November 14, 2024

Technical Analysis 14.11.2024

EURGBP The EUR/GBP chart reflects a market in consolidation with some recent bullish attempts to break out of the lower levels. Currently, the price is trading around 0.83181, a level...

November 13, 2024

Technical Analysis 13.11.2024

AUDCAD The AUD/CAD chart is displaying a bearish trend, with the price breaking below key support levels, indicating a sustained downward movement. The pair is currently trading around the 0.91139...

November 13, 2024

Markets Focus on Inflation Data, ECB Policy & U.S. Fiscal Outlook

Early in the day, FOMC Member Harker’s speech and Australia’s Q3 wage price index were released. The wage price index came in at 0.8%, slightly below the expected 0.9% but...

November 12, 2024

Markets Watch Key Data: Inflation, Labor Trends & Central Bank Speeches

Today, November 12, 2024, is packed with significant economic data releases and speeches from various regions.  In New Zealand, electronic card retail sales increased by 0.6% month-over-month, signaling a slight...

November 12, 2024

Technical Analysis 12.11.2024

USDCAD The USD/CAD chart displays a robust uptrend, with the price currently trading around 1.3942, approaching a recent resistance level near 1.3950. This strength in USD against CAD aligns with...

November 11, 2024

Market Analysis 11.11.2024

The economic calendar is filled with various data releases and statements from Japan, New Zealand, Turkey, and Europe.  Early in the day, Japan’s September current account figures were released. Seasonally...

November 11, 2024

Technical Annalysis 11.11.2024

EURUSD The EUR/USD chart displays a strong downtrend, which intensified after a sharp rejection at the 1.08627 level, followed by continued selling pressure. The price has moved firmly below the...

November 08, 2024

Technical Analysis 08.11.2024

AUDCAD The AUD/CAD chart illustrates recent price action where the pair has reached a significant resistance zone around the 0.92639 level after a sharp rally. This area has previously acted...