Technical Analysis
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AUD holds gains following China’s trade balance data
The Australian Dollar remains stronger following China’s import-export data released on Monday. China’s Trade Balance came in at $102.64B for…
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CAD gains further ground as market flows continue to reverse
The Canadian Dollar gained another 0.66% on Friday. Market flows are reversing out of the Greenback, pushing Loonie bids higher.…
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AUD/JPY Gains capped near key resistance as bearish backdrop persists
AUD/JPY trades near the 90.30 zone after modest gains on Friday Momentum remains weak as indicators lean neutral-to-bearish Resistance at…
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NZD/USD extends gains near 0.5800 zone but eyes 200-day SMA hurdle
NZD/USD trades near the 0.5800 zone after strong gains on Friday Resistance aligns with 200-day SMA near 0.5895 The NZD/USD…
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Mexican Peso ends week strong as USD plunges on China tariff retaliation
Mexican Peso gains as China retaliates with 125% tariffs, sending the US Dollar Index below 100 for the first time…
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Weak U.S. Macro Reports Fuel Uncertanity on Wall Street
The U.S. stock market made several attempts today to rebound, although market conditions remain difficult and the outlook uncertain. While…
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USD/JPY drops to seven-month lows near 142.00
USD/JPY adds to Thursday drop, challenges the 142.00 region. The US Dollar loses further ground on tariff fears, recession jitters.…
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Blackrock With a New AUM Record But, Results Disappointed
BlackRock (BLK.US) reported its Q1 2025 results, which came in slightly below expectations. These results do not yet include the…
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U.S. PPI Report Much Lower Than Expected
US PPI YoY (in March): 2.7% (Forecast 3.3%, Previous 3.2%) US PPI MoM: -0.4% (Forecast 0.2%, Previous 0.0%) US Core PPI…
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The VIX Gains 2.5% as uncertanity persists
Futures on the VIX volatility index are rising by just under 3% today; however, compared to yesterday’s highs above 40,…
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