EUR/USD has been licking its wounds after ECB’s Draghi sent it down on Tuesday. Tension has been rising ahead of the critical Fed decision later today. Wednesday’s four-hour chart points to further falls. The Draghi show has stolen the show…
Author: Yohay Elam
EUR/USD has dropped on the dovish words from European Central Bank President Mario Draghi’s dovish words and now the focus shifts to the Federal Reserve. The charts show that the path of least resistance is to the downside. The Technical Confluen…
Facebook has finally launched its highly-anticipated crypto project called Libra. There are three reasons why FB’s entry into blockchain technology may boost existing digital assets. Bitcoin, Ethereum, and Ripple will likely see different behavio…
EUR/USD has been falling in reaction to Draghi’s dovish speech. The focus will later shift from the ECB to the Fed ahead of its critical meeting. Tuesday’s four-hour chart shows there is more room for falls. Super Mario has not lost his mag…
GBP/USD has been struggling to recover after falling to the lowest in five months. The second round of the Conservative Party’s leadership contest is the main event today. Tuesday’s four-hour chart shows oversold conditions, implying a temp…
The relief in trade wars seems insufficient to boost markets, which are still worried about another flare-up. After all the critical US data, is out, it is time for the Fed to lay out its plans regarding a rate cut. And also watch out for central banks…
After Ripple dethroned Ethereum as the second cryptocurrency after bitcoin, we have another change in the top 5. This time, the emerging Cardano coin is known also as ADA, has ousted Litecoin (LTC) from the top 5. According to CoinMarketCap, Cardano…
The election results confirmed the latest polls: Abe is returned to office with a huge, “super majority”. His coalition won 312 seats in the 465-strong lower house. This will allow him to enact his policies in full-swing. He vowed to use th…
The May 2017 Non-Farm Payrolls report is critical for the June decision. If the Federal Reserve is truly data dependent, this is the most important data point. The Non-Farm Payrolls, aka NFP, or “king of forex indicators” is coming on the first Friday of the month, and wages matter a lot more than the actual job […]
The post Non-Farm Payrolls preview: all ’bout the money – 3 scenarios appeared first on Forex Crunch.
Just over 100 days towards the US presidential elections, and the race is becoming tighter, much tighter. Republican nominee Donald Trump was closing the gap on Democrat Hillary Clinton already before the Republican convention in Cleveland. And now, it seems that the race is neck to neck. According to Nate Silver’s 538, the chances of Clinton winning have fallen […]
The post US elections: Trump’s gloom gaining traction – will markets react? appeared first on Forex Crunch.