Fundamental Analysis

A strong print for housing starts in June was the most noteworthy piece of economic news in an otherwise quiet data week. Housing starts rose 8.3 percent to a 1.215 million-unit pace in June followin...
Fundamental Analysis

It was a light week for domestic economic data with investor focus primarily on political events, G7 central banks, and international data. China kicked off the week with the release of economic growt...
Fundamental Analysis

Last week, at the Fed's semi-annual monetary policy, Janet Yellen admitted that stocks markets are overheated. She declared that there are strong "valuation pressures" across a range of asse...
Technical Analysis

USDJPY: The pair continues to hold on to its downside pressure weakening further on Friday. On the downside, support comes in at the 111.00 level where a break if seen will aim at the 110.50 level. A...
Fundamental Analysis

The string of higher retail sales volumes recorded over the last few months certainly bodes well for overall growth during the second quarter, which is tracking just above 3%. While a solid labour mar...
Technical Analysis

The AUD/USD has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 60.0. D L4, ATR pivot, historical buyers) 0.7888-...