2019

Technical AUDJPY – Continues to trade in a long-term downtrend Weekly: The pair is trading in a long-term downtrend. There is a sequence of lower lows and lower highs that began in May 2017. Downtrend resistance is located at 84.35.…
Read More

The latest unemployment report from New Zealand showed a disappointing performance from the labor market for the period. Data released by Statistics New Zealand showed that the unemployment rate rose to 4.3% which was higher than…
Read More

Coming up tonight at 22:45 if you are in Europe, or 16:45 on the East Coast, we could see some moves in NZD pairs due to the release of the electronic card transactions during January. While it's not one of the major monthly data…
Read More

The week ahead will see the RBNZ holding its monetary policy meeting. Interest rates in New Zealand should remain unchanged at this week's meeting. On the economic front, GDP will form the dominant theme this week. The UK will be…
Read More

Financial markets are dynamic, complex and exciting, and it didn't take Hollywood too long to seize the opportunity to visually document this bold industry. There are plenty of movies based on the financial markets - and for a good…
Read More

This morning we received the monthly employment report compiled by Switzerland's Secretariat for Economic Affairs (SECO). The report came in at 2.8%, one decimal point above expectations. On a seasonally adjusted basis, it stayed at 2.4%.…
Read More

The U.S. dollar was seen maintaining the bullish gains for the sixth consecutive day. The markets were seen trading mixed on the day. The Bank of England held its monetary policy meeting yesterday. The central bank left interest rates…
Read More

Possibly forming a bullish reverse Head and Shoulders pattern. Channel support is located at 1.2764. Bespoke support, at 1.2767
Read More