forex news

nfp

How did the market react after July’s Non-Farm Payrolls?

The Non-Farm Payrolls (NFP) for July 2022 surprised many as it reported that the US economy added 528,000 jobs, more than twice the consensus forecast. Total NFP employment has now returned to the pre-pandemic level, when 20 million jobs were...

Is the EUR/CHF overbought or oversold?

The EUR/CHF pair is currently in between the key levels around 0.97000–0.97900. We might see a bounce from here up to the next resistance of 0.99500 and even up to the 1.00500 level, in confluence with the 50 MA. However,...
recession

Why isn’t the US officially in a recession?

The US has technically entered a recession in the second quarter 2022 as the economy contracted 0.9% year over year, following a 1.6% decline in the first quarter. However, the official body that is tasked to make a call on...
airline

Are further airline mergers at the gate?

Recent multi-billion dollar mergers and upbeat earnings reports in the airline industry have revived optimism in the sector and on airline stocks as investors turn bullish on the sector’s potential after being paralyzed by the COVID-19 pandemic in the past...
USDJPY

Does the pullback in the USDJPY have legs?

The US dollar has retreated against its major trading pairs over the past two weeks, but notably, the USDJPY has seen one of the most interesting pullbacks. The 2-week weakening streak may continue as the sentiment from the previous FOMC...
Natural gas futures

Natural Gas from 3 technical perspectives

The current overall trend for Natural Gas is bearish, as seen from the monthly chart. The commodity has possibly just completed the 5th wave of the Elliot Impulse Wave, this means that the next movement is possibly a correction. There...

Why are tech companies buying healthcare companies?

Volatile opportunities in the DXY this week

What to expect from Apple’s upcoming earnings report

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