USD/CNH could still advance to 6.8500 and above – UOB

USD/CNH could still advance to 6.8500 and above – UOB

Share: Further gains could still lift USD/CNH to the 6.8500/6.8800 region in the next few weeks, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes 24-hour view: “Our expectations for USD to edge lower did not...
RBA Shielding Aussie Dollar Against Hawkish Fed

RBA Shielding Aussie Dollar Against Hawkish Fed

AUD/USD ANALYSIS & TALKING POINTSTwo hawkish central banks (RBA and Fed) battle it out.U.S. jobless claims in focus later today.AUD/USD sandwiched between 0.69 and 0.70 respectively. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR...
XAGUSD Intervening Wave Ⓧ Pushes Prices Higher!

XAGUSD Intervening Wave Ⓧ Pushes Prices Higher!

As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting of cycle waves w-x-y-x-z. The 1H timeframe shows the marking of the second intervening wave x, which may soon be completed, taking the form of a triple zigzag of the primary...
Kraken Faces SEC Probe over Unregistered Securities Offerings

Kraken Faces SEC Probe over Unregistered Securities Offerings

Cryptocurrency exchange, Kraken, is facing an investigation by the US Securities and Exchange Commission (SEC) over concerns about offering digital assets that could qualify as unregistered securities. According to a Bloomberg report, the investigation is already in...
EURGBP Potential for bullish rise towards previous swing high

EURGBP Potential for bullish rise towards previous swing high

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleEURGBP Potential for bullish rise towards previous swing highTypeBullish BouncePreference:Looking at the H4 chart, my overall bias...
USD acts smart. Forecast as of 09.02.2023

USD acts smart. Forecast as of 09.02.2023

2023.02.09 2023.02.09 USD acts smart. Forecast as of 09.02.2023Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/While the market waits for the federal funds rate to fall to 4.8% by the end of 2023 after it peaked at 5.1%, major players expect...