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GBPUSD In A Strong Bullrun, Approaching Long-Term Trendline!

GBPUSD In A Strong Bullrun, Approaching Long-Term Trendline!

GBPUSD Skyrocketed Since December, Can the Long-Term Downtrendline Hold It? The British currency, Pound sterling, continues to strengthen amid the strengthening of the American economy which is also strengthening. Where the Fed will soon increase interest rates and the realization of tapering policies. Indeed, even though fundamentally the Fed’s policy is very hawkish for the View more

EURCAD: Downwards to Nowhere

EURCAD: Downwards to Nowhere

EURCAD Looks Bearish on All Timeframes but Which Support Can Hold It? The strengthening of the Canadian economy cannot be separated from the success of the government in handling the Omicron variant cases. Meanwhile in other parts of the world, in Europe to be precise, several governments in the blue continent countries had to relax View more

GBPJPY, Time for Correction?

GBPJPY, Time for Correction?

GBPJPY Has Been Very Bullish for the Last Time, When Will it Be Retraced? The bullish trend for GBPJPY does not need to be doubted. This pair successfully closed bullish for the last 5 weeks. This was partly due to the policy of the Bank of England (BoE) which increased the UK interest rate from View more

USDCHF Breaking Key Level, Reaching Top Level Since Christmas

USDCHF Breaking Key Level, Reaching Top Level Since Christmas

USDCHF Closed Bullishly and Break Its Daily Resistance Yesterday, USDCHF closed with a strong bullish trend and successfully breaking the key level at 0.91900. The main reason of this bullish is the Fed decision to increase US interest rate. Moreover on last Wednesday FOMC, Fed gave hawkish signal that leads to appreciation value for USD. View more

EURGBP Keeps Declining with Rising Interest Rates

EURGBP Keeps Declining with Rising Interest Rates

Euro Pound Falling Down to a Near Long-term Support After the Bank of England (BoE) increased UK’s interest rates at the end of last December, Pound Sterling’s value increased significantly, pushing the EURGBP pair further down, breaking the weekly and daily support, reaching out to the monthly support. From an inflation perspective, the UK inflation View more

Apple’s Valuation at $3 Trillion, Buffet Makes $120B Fortune

Apple’s Valuation at $3 Trillion, Buffet Makes $120B Fortune

Warren Buffet Who Controls 5% of Apple’s Shares Managed to Pocket More than US$ 120B Is Apple Currently the Most Valuable Company? The First $3 Trillion Company The technology giant from the United States, Apple Inc., officially became the first company in the world to reach a valuation of US$ 3 trillion or equivalent to View more

USDJPY Skyrockets Early in 2022

USDJPY Skyrockets Early in 2022

Pair’s Traders and Fans Rejoice Over Price Skyrocket USD/JPY skyrockets after price continuously creates support and breaks resistance. This pair has seen reaching this high way back in January 2017. Thanks to the efforts of the American government to deal with Covid-19 and also bullish sentiment for USD that includes the Fed’s signals to tapering View more

Daily Technical Analysis: ETH Still Weak!

Daily Technical Analysis: ETH Still Weak!

ZFX Indonesia – Today’s technical analysis will focus on forex, indices, American stocks, and cryptocurrencies. Also, at the end of the article there is a trading idea (signal) for CADCHF that might be an insight for you. Every afternoon in the London session, ZFX provides a technical analysis or outlook in the form of a View more

2022 Puts Dollar into Strong Position As Yields Rise

2022 Puts Dollar into Strong Position As Yields Rise

ZFX – The US dollar rose for the first trading day since the new year, in line with government bond yields as investors anticipate the Federal Reserve will keep raising interest rates in 2022. While the surge in coronavirus cases caused by the Omicron variant continues to impact global travel and public services, investors remain View more

Daily Technical Analysis: AUDUSD Taking 2022 by the Bullhorns

Daily Technical Analysis: AUDUSD Taking 2022 by the Bullhorns

ZFX – The AUDUSD pair is looking to throttle into 2022 with a long-term bullish bias. The all-time-high for the AUDUSD pair was reached way back on Feb. 25 at 0.8006 with a soft resistance of 0.8000. It wasn’t until Dec. 3 that the price low was reached (which was also close to a natural View more