NFP Report And Interest Rate Decisions Steal The Spotlight
In a week full of important economic data releases, the US Nonfarm Payrolls report and interest rate decisions coming from the Reserve Bank of Australia (RBA ) and the Bank of Japan (BoJ ) stand out from the crowd. RBA Interest Rate Decision: One more hike? On Tuesday March 7th, the RBA will announce its […]
Ichimoku Cloud Analysis 03.03.2023 (EURGBP, USDCAD, GBPCHF)
EURGBP, “Euro vs Great Britain Pound” EURGBP has pushed off the upper border of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the lower border of the Cloud at 0.8840 is expected, followed by growth to 0.8955. An additional signal confirming the decline will be […]
Ichimoku Cloud Analysis 02.03.2023 (EURUSD, GBPUSD, XAUUSD)
EURUSD, “Euro vs US Dollar” EURUSD has pushed off the upper border of the descending channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper border of the Cloud at 1.0655 is expected, followed by falling to 1.0435. A signal confirming the decline will be a bounce […]
Ichimoku Cloud Analysis 01.03.2023 (USDCAD, NZDUSD, USDJPY)
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is testing the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3595 is expected, followed by growth to 1.3825. An additional signal confirming the decline will be a rebound from the lower border of the […]
Markets focus on Australian GDP and Eurozone HICP data
A GDP report published in Australia showed that its economy expanded 0.5%, on a quarter-to-quarter basis, in the last quarter of 2022. The Institute for Supply Management (ISM) will publish its Manufacturing and Services PMIs which could cause some US dollar volatility. St. Louis Federal Reserve President James Bullard told Reuters reporters that “soft landing is feasible […]
Markets focus on Australian GDP and Eurozone HICP data
A GDP report published in Australia showed that its economy expanded 0.5%, on a quarter-to-quarter basis, in the last quarter of 2022. The Institute for Supply Management (ISM) will publish its Manufacturing and Services PMIs which could cause some US dollar volatility. St. Louis Federal Reserve President James Bullard told Reuters reporters that soft landing is feasible […]
Ichimoku Cloud Analysis 28.02.2023 (EURUSD, USDCHF, AUDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0635 is expected, followed by falling to 1.0365. An additional signal confirming the decline will be a bounce off […]
Ichimoku Cloud Analysis 27.02.2023 (USDCAD, XAUUSD, USDJPY)
USDCAD, “US Dollar vs Canadian Dollar” USDCAD is pushing off the Tenkan-Sen line of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.3565 is expected, followed by growth to 1.3825. An additional signal confirming the decline will be a bounce off the […]
Ichimoku Cloud Analysis 22.02.2023 (EURUSD, GBPUSD, NZDUSD)
EURUSD, “Euro vs US Dollar” EURUSD is pushing off the signal lines of the Cloud. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0685 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a bounce […]
Ichimoku Cloud Analysis 21.02.2023 (AUDUSD, USDCAD, XAUUSD)
AUDUSD, “Australian Dollar vs US Dollar” The currency pair is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 0.6915 is expected, followed by falling to 0.6735. An additional signal confirming the decline will be a bounce off […]
Ichimoku Cloud Analysis 20.02.2023 (EURUSD, USDJPY, GBPUSD)
EURUSD, “Euro vs US Dollar” EURUSD has bounced off the lower border of the bearish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the lower border of the Cloud at 1.0735 is expected, followed by falling to 1.0465. An additional signal confirming the decline will be a […]
RBNZ interest rate decision: More tightening on the way?
Interest rate decisions by the Reserve Bank of New Zealand (RBNZ ) and the People’s Bank of China (PBoC ) will dominate the financial news next week. The Federal Open Market Committee (FOMC ) meeting minutes, due to be published on Wednesday, will be scrutinized by investors and traders for clues into the central bank’s […]
RBNZ interest rate decision: More tightening on the way?
Interest rate decisions by the Reserve Bank of New Zealand (RBNZ ) and the People’s Bank of China (PBoC ) will dominate the financial news next week. The Federal Open Market Committee (FOMC ) meeting minutes, due to be published on Wednesday, will be scrutinized by investors and traders for clues into the central bank’s […]
Markets await US, UK CPI inflation reports
Inflation, GDP and retail sales reports are going to be the “talk of the town†this week as investors and traders will be able to scrutinise a plethora of data sets. The US and UK CPI inflation reports will show if monetary tightening policies have reduced inflationary pressures. In Japan, the government will present the […]
Markets await US, UK CPI inflation reports
Inflation, GDP, and retail sales reports are going to be the talk of the town this week as investors and traders will be able to scrutinize a plethora of data sets. The US and UK CPI inflation reports will show if monetary tightening policies have reduced inflationary pressures. In Japan, the government will present the […]
Reserve Bank of Australia to Decide on Interest Rates
The Reserve Bank of Australia (RBA ) interest rate decision will be one of the major economic events this week. Some market analysts suggest that the RBA will raise borrowing costs, following the example set by the US Federal Reserve (Fed ), the European Central Bank (ECB ) and the Bank of England (BoE ). […]
Reserve Bank of Australia to Decide on Interest Rates
The Reserve Bank of Australia (RBA ) interest rate decision will be one of the major economic events this week. Some market analysts suggest that the RBA will raise borrowing costs, following the example set by the US Federal Reserve (Fed ), the European Central Bank (ECB ) and the Bank of England (BoE ). […]
Fed, ECB and BoE to announce interest rate decisions
Interest rate decisions coming from the US Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England (BoE) are going to dominate the news this week. All three of them are likely to raise borrowing costs as their monetary tightening policies aim to ease inflationary pressure. While most economists don’t expect any […]
Fed, ECB and BoE to announce interest rate decisions
Interest rate decisions coming from the US Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England (BoE) are going to dominate the news this week. All three of them are likely to raise borrowing costs as their monetary tightening policies aim to ease inflationary pressure. While most economists don’t expect any […]
US GDP, Australia CPI and BoC rate decision take center stage
Inflation reports coming from Australia and New Zealand, the Bank of Canada’s interest rate decision and preliminary US Gross Domestic Product data for the fourth quarter of 2022 will be in the centre stage this week. Japanese inflation hits 41-year high According to data published on January 19th, Japan’s CPI inflation jumped to a 4-decade […]
