Risk sentiment appears to be fading away in the Forex market as major currency pairs hold firm near key support levels.The US dollar is holding firm at three-month highs despite…
Last week was marked by the correction across most of the risk assets such as stock indices, risk currencies, and commodities, although the latter recovered aggressively on Friday as Brent…
The US dollar continues to register substantial gains against the major's on receiving support from rallying yields and safe-haven trades. Euro and pound are under immense pressure edging lower heading…
The US dollar is up by more than 0.7% for the week, having turned bullish in response to Treasury yields rallying to one-year highs. The greenback rally has also received…
You can be deadly wrong in most of the things you do as a trader and still make money. I'm saying that not to convince you that trading is easy…
After weeks of gains at the back of Treasury yields rising to one-year highs, the US dollar held firm. The dollar strength looks set to persist as a technical point…
Last week was signified by the US dollar recovery as the DXY finally got a hold above 91.00, exceeding the high of 91.5, which the index formed, attempting to resolve…
The markets have been climbing higher as risk assets worldwide continue making new highs in anticipation of the recovery from the pandemic. We can see the underlying strength of the…
Gold price is up for the third straight day as investors react to the overall weak US dollar, upcoming stimulus, and the overall strength of the market. On Tuesday morning,…
The sentiments were mixed last week, as risk assets closed the week strong overall, although USD put some of them under pressure, completing the breakout of the Head and Shoulders…
The USD/CAD price is forming an inverse head and shoulders (H&S) pattern ahead of the US nonfarm payrolls and Canada's January jobs numbers that will come out on Friday. The…
The week has closed not in favor of risk assets, as the stock indices declined across the board. On the contrary, safe-haven assets experienced some surge. It's time to consider…