The US dollar continues its downward trajectory after the core PCE statistic showed support to Fed Chair Jerome Powell’s dovish statement last night.

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US equities shot up after Fed Chair Powell’s dovish comments which dovetails nicely with the positive sentiment out of China as easier lockdown measures are considered

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Cable is benefitting from the latest US dollar sell-off and is now probing an important long-term technical indicator.

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USD/JPY picked up steam yesterday as the dollar index recorded its worst month of losses in 12 years. Further downside ahead or time for a retracement?

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Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more…

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