Articles

Release of lower-than-expected Figures for US Retail Sales and EUR/USD Currency Pair Declines

The U.S. Retail Sales Index measures the change in the value of total sales at the retail level. This index is the primary index of consumer spending, which accounts for the majority of economic activity. when the numbers come in higher than expected, it is

Temporarily Bearish Movement of NZD/USD After GDP Release

The Gross Domestic Product (GDP) index measures annual changes in the inflation-adjusted value of all goods and services produced in the economy. This index is the most comprehensive measure of economic activity and the primary indicator of economic health. A

Federal Reserve Interest Rate Hike and Muted Effect on the Markets

The term Federal Interest Rate refers to the target interest rate set by the Federal Reserve Committee (FOMC). This target rate is the interest rate at which commercial banks lend and borrow their excess reserves from each other overnight. The FOMC, the

The U.S Consumer Price Index did not Meet Expectations

The Consumer Price Index (CPI) measures the annual change in prices for goods and services from the consumer’s perspective. This is an important way to measure changes in purchasing behavior and inflation. A release of higher than expected numbers

The British GDP Index Was Slightly Higher Than Expected

The Gross Domestic Product (GDP) index measures annual changes in the inflation-adjusted value of all goods and services produced in the economy. This index is the most comprehensive measure of economic activity and the primary indicator of economic health. A

A Higher-Than-Expected Publication of the U.S PPI

The U.S. Producer Price Index (PPI) measures the change in prices of goods sold by producers. This index is the consumer price inflation index, which forms the overall inflation. A release of higher than expected numbers should be considered positive/bullish

Technical Analysis of the USDCAD Currency Pair; Dec 11, 2022

 After breaking the level of 1.35079 last week, the price rose in an uptrend to 1.36426 and managed to break this level. The tendency is neutral. In the coming week, we expect the price to fluctuate between 1.37000 and 1.35079, but the failure of one of

Technical Analysis of the USDCHF Currency Pair; Dec 11, 2022

Last week the price fluctuated in a neutral trend. Breaking the important levels indicated below may determine the continuation of the trend of this currency pair, but from the general point of view, the trend of this currency pair remains bearish. USDCHF

Technical Analysis of the USDJPY Currency Pair; Dec 11, 2022

Last week, the price rose to the level of 137.671, but failed to break through this mark. In the coming week, we expect the price to fluctuate between the levels of 137.671 and 133.757. However, if the level of 1337.671 is broken, the upward trend of this

Technical Analysis of the EURUSD Currency Pair; Dec 11, 2022

Last week, the price managed to climb to the level of 1.06067, but failed to break through it. The scenario of continuation of the uptrend to the level of 1.07843 seems likely if this important level is broken. Important levels next week In this section we

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