Category Finance

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: This article was written by Eamonn Sheridan at www.forexlive.com.

There is plenty top come on the data agenda but none of it is higher-tier. Note that mainland Chinese markets reopen today after holidays on Monday and Tuesday. Hong Kong is closed today. This snapshot from the ForexLive economic data calendar, access it here. The times in the…

The major indices are closing with mixed but modest changes. The S&P did trade to a new record intraday high level, above 5669,. but stalled just above that level at 5670.81. The buyers turned to sellers. After trading negative into the last hour of trading, buying at the…

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What do we make of the new dot plot on Wednesday? The Federal Reserve is due to release another edition of its forecasts around growth, inflation and — most importantly — where Fed funds are headed. At times, the market takes the dot plot as guidance on what…

It’s wild that in 2027 — seven years after the pandemic emergency — governments will still be breaking eurozone deficit rules. This obviously doesn’t end well. In the long analysis, I think it will show that the optimum path for politicians trying to win the next election is…

The AUDUSD has been stepping higher over the last five or so trading days and in the process has used a series of key moving averages that have increased the bullish bias and provided the roadmap for the move to the upside. 5 days ago, the price based…

The US has been slowly refilling the strategic petroleum reserve but will look to accelerate that with a purchase of 6 million barrels, according to a Reuters report. The administration will announce the solicitation as soon as tomorrow, according to the report and it will be for delivery…

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