Daily Outlook

“At the moment, we have not seen the withdrawal of Russian troops” NATO Secretary General Jens Stoltenberg denied that Russia had withdrawn troops from the Ukrainian border. He said the military alliance saw no sign that Moscow was reducing its troop numbers around Ukraine. NATO accuses Russia of misleading the world by saying it is

AUDJPY Pair Rises Up, Test the Resistance Strength at 82.00 Level Since the beginning of the year, the AUDJPY pair has tended to be bearish, even falling 3% or around 250 pips. However, since the end of January, the pair has been showing resistance, even being able to create new higher highs and higher lows

Bearish structure on all timeframes, will NZDUSD form a lower low? New Zealand’s Prime Minister, Jacinda Ardern, is still in self-isolation as New Zealand recorded more than 100 new cases of COVID-19 infection. This indicates that the pandemic situation is still quite massive in New Zealand and maybe a negative sentiment for the NZD currency.

European Economic Growth Slows In Q4 Due to Omicron Hit The Omicron wave of COVID-19 infections slowed eurozone economic growth in the final quarter of 2021 compared to the previous three months although the impact was much stronger in Germany than in France or Italy. The European Union’s statistical office estimates that gross domestic product

The EURCHF monthly candle will close in a few hours, is there a possibility of a correction? 2021 is a tough time for EURCHF. This pair had plunged more than 750 pips from its highest to its lowest point since the 2nd quarter of last year. The euro is indeed being ‘threatened’ due to the

USOIL Has Shot Up More than 16% since the Start of 2022 Oil prices have been bullish for a sixth week, the longest weekly record since October. Prices have risen sharply amid geopolitical tensions between Russia and its neighbors such as Ukraine. We know that Russia is the second-largest oil producer in the world and

Ethereum (ETH) Dropped 41% in Value Since the Start of 2022 Ethereum is a technology that allows its users to send cryptocurrency to anyone. Created by Vitalik Buterin, Ethereum also powers applications that anyone can use and no one can stop. Ethereum is built on Bitcoin innovations, with some big differences. Both allow us to

All Eyes of Traders and Investors are on the Fed’s Interest Rate Determination in the Upcoming New York Session The FOMC, which will be held in the New York session, will determine the policies taken by the American central bank, namely The Federal Reserve or the Fed. Many think that the Fed will soon increase

CADCHF Dropped Sharply through the Neckline Support, Validating the Double-top Formed The Canadian dollar has tended to weaken against the Swiss Franc over the past few days. This is partly due to the phenomenon of friction between the Canadian government and truck drivers who reject the mandatory vaccine policy. Of course, truck drivers who are

AUDUSD Continues to Fall After Failing to Surpass the Daily Resistance The US dollar strengthened as investors awaited the Fed’s decision. All are waiting whether the Fed will raise interest rates soon amid rampant inflation problems. On the other hand, Australia, which is also being hit by the Omicron, continues to show a weakening economy