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 […]

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 ). […]

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 […]

Focus on UK inflation and US Retail Sales

The UK and Eurozone inflation reports and retail sales data coming from the US and the UK are expected to be in the spotlight next week. Whilst rising gold spot prices drew investors and traders attention last week, the World Economic Forum in Davos and several reports regarding some of the major economies will offer […]