intraday technical analysis

The Federal Reserve released the monetary policy meeting minutes late yesterday. The minutes revealed that policymakers were committed to keeping interest rates steady over the next few months. Members raised their expectations on… Read More

The US dollar was seen holding on to the gains, settling near a two-week high by Thursday’s close. The gains came as the trade tensions eased and focus once again shifted to the economic data. A delegation from Washington is expected to… Read More

The USD traded higher on Tuesday, rising to a six-week high. The new home sales report showed a 4.5% increase on a month over month basis, beating estimates of 645,000. New home sales rose to 692,000 in March. February’s figures were… Read More

The greenback maintained gains as economic data from the United States continued to support the view that growth was robust. The monthly retail sales report surprised with an increase of 1.6% on the month, while core retail sales were up… Read More

The quarterly inflation report from New Zealand saw consumer prices rising at a slower pace than forecast. Data from Statistics New Zealand showed that the consumer price index rose 0.1% in the first three months of the year. This was… Read More

Reports from Washington revealed that the US and China are close to agreeing to a trade deal. This comes after Washington reportedly eased its demands by giving industrial subsidies and focusing more on technology and IP protection.… Read More

The monthly factory orders report showed a 0.5% decline on the month matching estimates. The declines in February mark a fourth consecutive fall in factory orders. As a result, the USD was trading weaker on the day. The monthly durable… Read More

The payrolls report for March saw the US economy adding 196,000 jobs during the month. This beat expectations of a 175,000 increase for the period. The jobs data rebounded from February’s revision to 33k jobs. The unemployment rate held… Read More

The US dollar was seen recovering from the losses from the day before. The weekly jobless claims report dropped by 10,000, falling to 202,000. This was the lowest level since 1969 for the week ending March 30. US President Trump said that… Read More

The US dollar traded weaker on the day on Wednesday. The ADP payrolls report was disappointing, with the private sector showing a potential slowdown in the labor market. The ISM’s non-manufacturing PMI was also lower, rising to 56.1 and… Read More