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EUR/USD Pair Moved into a Bearish Zone Below $1.0880

The Euro started a fresh decline from the 1.0925 resistance zone against the US Dollar. The EUR/USD pair declined below the 1.0880 level to move into a bearish zone. The price even traded below the 1.0800 level and the 50...

AdminApr 15, 2022

Fundamental analysis of Forex market

Canadian March Inflation to Breach 6%

Next week’s Canadian CPI report is expected to show a further acceleration to 6% in March. That would top the 5.7% February reading that was already the highest since 1991. Soaring gasoline prices are expected to account for almost a...

AdminApr 15, 2022

Fundamental analysis of Forex market

The Weekly Bottom Line: Inflation Surge Continues

U.S. Highlights Overall inflation as measured by the CPI accelerated to 8.5% year-over-year (y/y) in March, marking yet another multi-decade high. Core inflation, which excludes food and energy, ticked up a tenth of a percentage point to 6.5% y/y. Small...

AdminApr 15, 2022

Technical analysis of Forex market

USD/JPY Hits New Multi-Year High, 130 Next?

Key Highlights USD/JPY started a fresh surge and traded above 125.00. A major bullish trend line is forming with support near 125.75 on the 4-hours chart. It traded to a new multi-year high at 126.59 and might continue to rise....

AdminApr 15, 2022

Finance news

Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high

Customers pushing shopping carts shop at a supermarket on April 12, 2022 in San Mateo County, California. Liu Guanguan | China News Service | Getty Images Consumers continued to spend in March even as inflation rose to its highest level...

AdminApr 14, 2022

Technical analysis of Forex market

GBPJPY Wave Analysis

GBPJPY reversed from key round resistance level 164.65 Likely to fall to support level 163.00 GBPJPY today recently reversed down from the key resistance level 164.65 (previous monthly high from March) – coinciding with the upper daily Bollinger Band. The...

AdminApr 14, 2022

Technical analysis of Forex market

ETHUSD rebounds after 50-SMA rejects decline; bias bearish

ETHUSD (Ethereum) has been experiencing a downside correction after its short-term uptrend stalled at the 3,590 region last week. Although the 50-day simple moving average (SMA) paused the price’s recent pullback, it seems like the cryptocurrency lacks the necessary momentum...

AdminApr 14, 2022

Market overviews

Euro Knocked Down after ECB, Dollar Striking Back

Euro is knocked down in early US session after ECB left interest rates unchanged. The central bank leaves the option to continue the asset purchases program after June, even though it will be concluded in Q3. The announcement disappoints some...

AdminApr 14, 2022

Fundamental analysis of Forex market

Is BTC about to Soar above $100,000?

Bitcoin rose 4.3% on Wednesday to end the day around $41,300, Ethereum added 4% to reach 3100, and both remain near those levels early Thursday. The leading altcoins from the top ten have risen in price over the past day...

AdminApr 14, 2022

Market overviews

Euro Rebounds Ahead of ECB, Dollar Follows Yields Lower

Dollar dropped notably overnight together with pull back in benchmark treasury yield. The selling of the greenback continued in Asian session today. Even the weak Yen is recovering against Dollar, but it’s still, for now, the worst performing one for...

AdminApr 14, 2022

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Liudmila

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Author: Admin

EUR/USD Pair Moved into a Bearish Zone Below $1.0880

Canadian March Inflation to Breach 6%

The Weekly Bottom Line: Inflation Surge Continues

USD/JPY Hits New Multi-Year High, 130 Next?

Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high

GBPJPY Wave Analysis

ETHUSD rebounds after 50-SMA rejects decline; bias bearish

Euro Knocked Down after ECB, Dollar Striking Back

Is BTC about to Soar above $100,000?

Euro Rebounds Ahead of ECB, Dollar Follows Yields Lower

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