Weekly Technical Analysis: 12/06/2023 – US 500, EURUSD, USDJPY
June 12, 2023 12:35 pm
It will probably be the most important week of June as the Federal Reserve (Fed), the European Central Bank (ECB), and the Bank of Japan (BoJ) will review their rate hike policy amid an uncertain global macroeconomic environment. The decision might be a close call between a pause or another rate hike for the Fed if Tuesday’s CPI inflation figures surprise to the upside. On the other hand, investors are certain that the ECB will deliver another rate hike, while the BoJ may remain a notable outlier.
0:00 Intro 0:32 US 500 2:35 EURUSD 4:33 USDJPY
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In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
It will probably be the most important week of June as the Federal Reserve (Fed), the European Central Bank (ECB), and the Bank of Japan (BoJ) will review their rate hike policy amid an uncertain global macroeconomic environment. The decision might be a close call between a pause or another rate hike for the Fed if Tuesday’s CPI inflation figures surprise to the upside. On the other hand, investors are certain that the ECB will deliver another rate hike, while the BoJ may remain a notable outlier.
0:00 Intro
0:32 US 500
2:35 EURUSD
4:33 USDJPY
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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