AUD/USD Forex Technical Analysis – Trend Change Puts .7275 – 7341 Retracement Zone on Radar

The Australian Dollar is climbing on Thursday as investors banked on reports the Omicron coronavirus variant was only mild in its effects meant its spread would only be a short-term drag on the global economy. The early morning strength puts the Aussie at its highest level since November 24 and in a strong position to […]

AUD/USD Forex Technical Analysis – Sustained Move Under .7118 Pivot Could Trigger Break into .7063

The Australian Dollar is edging lower early Thursday as the risk of a faster U.S. Federal Reserve tapering and early rate hikes roiled global markets to the benefit of the U.S. currency. The news is also helping to underpin Treasury yields early in the session. The early price action suggests short-sellers have their eyes on […]

AUD/USD Forex Technical Analysis – Ripe for Reversal but Chart Shows Way of Least Resistance is Still Down

The Australian Dollar remains under pressure on Wednesday after a batch of upbeat U.S. economic data lifted its U.S. counterpart, while domestic news disappointed bulls. The Aussie fell to its lowest level since October 6, pressured by strong U.S. retail and industrial figures. The currency was further pressured by a report that showed Australian wages data failed to […]

Deutsche Börse’s 360T Taps FairXchange for Execution Analytics

Deutsche Börse’s 360TGTX has tapped the services of FairXchange, a financial markets data science platform, for independent execution analytics that will involve analyzing trade and pricing data. Announced on Thursday, 360TGTX has already integrated FairXchange’s Horizon. This integration is helping liquidity management and sales teams in negotiations with liquidity providers and liquidity consumers, according to the company. […]

Gold Price Futures (GC) Technical Analysis – Cautious Trade Inside Long-Term Resistance Zone

Gold futures are edging lower on Tuesday in a choppy, low-volume trade as investors remain cautious ahead of the Bank of Japan (BOJ) and the European Central Bank (ECB) monetary policy meetings this week and next week’s Federal Reserve and Bank of England policy decisions next week. Despite recent strength, today’s early price action suggests […]

Pico Launches Ultra-Low Latency Venue Connectivity

Pico, a provider of technology services for the financial markets, announced on Tuesday the launch of its ultra-low latency venue connectivity, which will be available across North America, Europe and Asia-Pacific (APAC) markets. According to the press release shared with Finance Magnates, the network will support clients with latency-sensitive trading strategies requiring highly accurate views of the market […]

Forex technical analysis and forecast: Majors, equities and commodities

EUR/USD, “Euro vs US Dollar” After completing the descending structure at 1.1684 along with the correction towards 1.1709, EURUSD has formed a new consolidation range around 1.1704. Possibly, today the pair may start a new decline to break 1.1684 and then continue falling with the target at 1.1660. GBP/USD, “Great Britain Pound vs US Dollar” GBPUSD is […]

Forex technical analysis and forecast: Majors, equities and commodities

EUR/USD, “Euro vs US Dollar” EUR/USD continues trading downwards; it has already completed the descending structure at 1.1700 along with the correction towards 1.1724. Possibly, today the pair may fall to reach 1.1698 and then start a new correction towards 1.1707. Later, the market may resume falling with the target at 1.1666. GBP/USD, “Great Britain Pound […]