Currency

ITV PLC stock (LSE:ITV) are currently bullish, following the recent rally, which ended the previous bearish movement that happened in August 2019. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left corner of the chart. […]

It Could Be Make Or Break For The Aussie, With Several Pairs Sitting At Support With several AUD pairs sitting at key levels, it could be approaching a time for a make or break for the Aussie AUD/USD remains within an established bearish channel on the daily chart. The September rally stalled around the 50% […]

RBNZ are expected to hold tomorrow, which could leave potential for NZD crosses to bounce is there’s no easing bias in their statement. Unless of course RBNZ want to throw another curveball and cut another 25 bps. On the 7th August, RBNZ went above and beyond with a 50-bps cut, catching many off-guard who were expecting […]

As groundbreaking innovations continue to penetrate the finance space, it is almost impossible for this innovation not to spread to other industries. The movie industry is one of such sectors currently experiencing such revolutions. This is due to the invention of distributed technologies like Blockchain, which has brought about the concept of tokenizing everything. Tokenization […]

Headline: As the manufacturing segment put up a silent recuperation in September, demonstrating a level of versatility in the more extensive U.S. economy, the trade dispute keeps on negatively affecting the general business standpoint, as per new IHS Markit information. The latest Purchasing Managers’ Index (PMI) overview from IHS Markit demonstrated that U.S. Manufacturing, which […]

EURUSD Price Analysis – September 23 The eurozone keeps on battling, thus resulting in selling pressure on the EURUSD pair, as fragile worldwide conditions and the U.S-China trade dispute have negatively affected the manufacturing sector in Germany and the remainder of the alliance. On the off chance that the U.K. leaves Brexit without a bargain, […]

Weekly COT Report: Dollar Bears Throw In The Towel As of Tuesday 17th September: Traders increased net-long exposure to the USD by $2.2 billion, taking bullish exposure to a 3-month high of $15.4 billion Bullish exposure to the USD index (DXY) was at a 29-month high Traders were the least bearish on AUD in 6-months Net-short […]

Kiwi Crosses Point Towards Further Weakness Ahead NZD crosses are falling in tandem which suggests broader weakness awaits. NZD/USD remains in a clear downtrend, and the retracement from the 0.6269 low appears to have had its day. The correction failed to retest the 38.2% Fibonacci level and, after a few days of consolidation, printed a […]

Weekly COT Report: Gold Bugs Reduce Long Exposure At Fastest Rate In 4 Months As of Tuesday 10th September: Traders trimmed bullish exposure to USD by -$0.54 billion, placing them at +$12.6 billion net-long (+$15.3 billion against G10 currencies) Traders are their most bullish in the USD index (DXY) since February The British pound saw the […]

Oil prices rallied gapped higher an astonishing 12% at market open, after around 5% of global oil supply was removed following a drone strike on a Saudi Arabian oil facility over the weekend. Oil stocks also surged and safe-haven demand for gold saw the yellow metal trade back above $1500 in early Asia. Houthi, an […]