EUR/USD: Pair Moving Into Key 1.08 Resistance Ahead of The FOMC
Over the past week, the value of USD has been declining due to bank liquidity issues, starting with Silicon Valley Bank and Signature Bank in the US, and followed by Credit Suisse.
Over the past week, the value of USD has been declining due to bank liquidity issues, starting with Silicon Valley Bank and Signature Bank in the US, and followed by Credit Suisse.
Crude oil has been volatile since start of the year, but only within limited important levels.
We have seen a major reversal on the markets in the last few weeks, firstly after the strong US jobs data for January and then also more dollar strength followed after worse-than-expected US CPI figures.
Traders have been waiting on this week for a long time, a week of volatility and opportunities as central banks will most likely move the markets.
At the start of the year I like to scan through some of the higher degree charts to check the main trend, and to get an idea where markets can be headed in 2023.
The recent BoJ action has caused the JPY to move sharply – what do technicals show going forward?
A lot has been said about oil in the past days, and we have seen unprecedented price action. There has been some serious misunderstanding as to what this price action actually represented, so we will try to explain our take on it.
Hello traders, Its been awhile since I published a free analysis here on forexanaltix, so I think it’s about time. The main reason why I wasn’t active a lot it’s because of a low volatility on the FX market. So rather than just looking at currencies I think it’s very important to track other markets […]