Yen traders await BoJ decision for pivot clues. US core PCE index the highlight of the US agenda. UK CPI numbers to be the pound’s next test. 0:00 Intro 0:18 BoJ and yen 2:29 US core PCE and dollar 3:58 UK CPI and pound For more information on the topics discussed in this video, including […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on the last central bank policy meetings of the year, the #Fed, the #ECB and the #BoE and will be looking at how #USDJPY, #EURUSD and #GBPUSD may react. 0:00 Intro 0:17 1:54 […]
Fed, ECB, BoE and SNB hold their final policy decisions of the year. Will they push back on rate cut expectations? US CPI and flash PMIs will be crucial too. 0:00 Intro 0:17 Federal Reserve 2:04 US Dollar 2:44 ECB and Euro 4:22 BoE and Pound 5:46 SNB and Franc For more information on the […]
USD/JPY hovers near a critical support zone ahead of NFP data AUD/USD rally stalls near caution area before RBA rate decision USD/CAD hopes for a rebound, but bullish outlook is not in sight yet 0:00 Intro 0:33 USDJPY 2:44 AUDUSD 4:50 USDCAD For more information on the topics discussed in this video, including detailed charts […]
Investors looking to US NFPs for confirmation of their Fed cut bets. RBA could still signal that higher rates are possible. But BoC may confirm that interest rates have peaked in Canada. 0:00 Intro 0:08 Fed Rate Cut Bets 1:30 Nonfarm Payrolls 2:12 US Dollar 2:40 RBA and Aussie 4:41 Bank of Canada For more […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #OPEC meeting, #US #PCE #inflation and #Eurozone flash #CPI and will be looking at how #WTI, #USDJPY and #EURUSD may react. 0:00 Intro 0:15 WTI 1:34 USDJPY 3:08 EURUSD For more information […]
Oil’s fortunes hinge on OPEC+ meeting outcome on Thursday. Eurozone flash inflation and US core PCE also due on Thursday. RBNZ to likely hold rates on Wednesday. Loonie faces GDP and employment tests in addition to OPEC+ decision. 0:00 Intro 0:17 OPEC+ meeting and oil 2:20 US core PCE and dollar 4:04 Eurozone inflation and […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #FOMC minutes, Eurozone PMIs and Japanese #inflation and will be looking at how #US500, #GBPUSD and #USDJPY may react. 0:00 Intro 0:15 US500 1:50 GBPUSD 3:20 USDJPY For more information on the […]
Fed minutes on Tuesday will be scrutinized for clues on rate path. Eurozone business surveys to shed some light on recession risks. Japanese inflation stats also in focus as yen remains fragile. 0:00 Intro 0:09 FOMC Minutes 1:48 US Dollar 3:24 EZ and UK PMIs 4:51 ECB Minutes For more information on the topics discussed […]
– EURUSD stays above key barrier of 1.0665 ahead of US CPIs – Hotter-than-expected UK inflation could push GBPUSD above 1.2310 – AUDUSD awaits Australia’s jobs report and Chinese data 0:00 Intro 0:43 EURUSD 3:21 GBPUSD 5:24 AUDUSD For more information on the topics discussed in this video, including detailed charts and tables, read the […]
US inflation numbers the next event to shake Fed bets. Pound traders lock gaze on CPIs after BoE’s hawkish hold. Aussie awaits jobs report and Chinese data. 0:00 Intro 0:20 US CPIs and dollar 2:35 UK data and pound 4:19 Aussie and Chinese data For more information on the topics discussed in this video, including […]
Analysis of transactions and tips for trading USD/JPY Further growth became limited because the test of 150.53 coincided with the sharp rise of the MACD line from zero. Shortly after, another test took place, but sales could not be done because of the lack of overbought conditions for the pair. No other market signal appeared […]
Technical outlook: EUR/USD is pulling back after hitting the 1.0755-60 potential resistance defined earlier. The single currency pair found initial support around the 1.0680 mark as projected and we can expect an intraday bounce towards 1.0725 at least before bears are back in control. Also, note that 1.0680 is the Fibonacci 0.382 retracement of the […]
Early in the European session, gold (XAU/USD) was trading around 1,968.75 above the 21 SMA within the downtrend channel formed on November 3. The recovery of the dollar index (USDX) made the XAU/USD fall to 1,956 recorded yesterday during the American session. Bearish pressure remains in force and gold could resume its decline if it […]
EUR/USD Higher Timeframes Bears continued the decline yesterday and tested the area of influence of the lower boundary of the daily cloud, but they couldn’t hold onto the achieved levels. Today, the situation remains within the limits, with the boundaries being 1.0733 – 1.0766 (weekly levels) and 1.0638 – 1.0614 (daily levels + weekly short-term […]
With a price movement which is above its EMA 200 that has an upward slope as well as the appearance of Bullish 123 pattern followed by the Bullish Ross Hook (RH) which in a few times manages to breakout above as well as the appearance of Fractal Bar pattern which detected at the candle Pinbar […]
On the daily chart of Crude Oil commodity asset, there is the price movement as well asTenkan Sen and Kinjun Sen which is on the death cross intersect is below the Kumo. Even though the Chikou Span still inside the Kumo, but the Future Kumo (Chocolate Box) gives the Bearish clue (pink), which means currently […]
EUR/USD On Tuesday, the euro continued to face pressure from Monday, even slightly more so due to the decline in commodity prices (crude oil down 2.1%) and as U.S. Treasury yields fell. German industrial production dropped in September by 1.4% compared with the previous month (-3.86% YoY), which fueled concerns about a European recession. Now […]
GBP/USD Yesterday’s decline was supported by the 1.2271/1.2287 range and the balance indicator line on the daily chart. This morning, the price is staying within this range, and if it settles below it, the target will be 1.2130, which is the nearest line in the price channel. If the price manages to settle above the […]
AUD/USD The Australian dollar, which showed strong movement on Tuesday, tested the support of the MACD indicator line on the daily chart. Thanks to the rebound from this support, the price maintains its potential for growth. The Marlin oscillator is progressing in an uptrend. A likely target is 0.6514. If the price surpasses this mark, […]
Analysis of macroeconomic reports: There are hardly any macroeconomic events on Wednesday, and none of them hold any importance. What can traders pay attention to? Perhaps the inflation data for Germany? This will be the second estimate of the report for October, which is unlikely to differ from the first… Retail sales in the European […]
Analyzing Tuesday’s trades: GBP/USD on 30M chart GBP/USD continued its downward movement on Tuesday, which had started the previous day. The pound did not have any fundamental or macroeconomic reason to fall. There were no significant reports released in either the U.S. or the UK. However, it’s important to remember that strong movements are often […]
Analyzing Tuesday’s trades: EUR/USD on 30M chart On Tuesday, EUR/USD continued its downward movement, which began on Monday, and by the end of the day, it was near the level of 1.0673. The pair couldn’t surpass this mark, and overall, volatility was 56 pips. Again, this is a very small value that doesn’t offer good […]
The USD/JPY pair is once again testing the 150.00 level amid a stronger US dollar. This is far from the first attempt to breach this elusive price barrier, which plays a big role. Traders find themselves caught between a rock and a hard place. On one hand, there are no other options for USD/JPY bulls […]
After witnessing significant market movements in stocks and bonds last week, the start of this week has been relatively calm. The yield on 10-year US Treasury bonds became steady after retreating from the psychological level of 5%. The dollar is trying to regain the initiative, which may prove challenging given the unexpectedly weak economic reports […]
The pair is expected to drop higher towards at least 1.2460 with a view to test the daily pivot point. The level of 1.2543 will act as strong resistance and the double top is already set at the point of 1.2543. On the other hand, if a breakout happens at the support level of 1.2205, […]
Overview : A trend in the EUR/USD pair was argumentative as it was trading in a narrow sideways channel, the market showed signs of instability. Amid the previous events, the price is still moving between the levels of 1.0636 and 1.0780. Resistance and support are seen at the levels of 1.0780 (also, the double top […]
The GBP/USD pair faced a strong resistance near 1.3200 and started a fresh downtrend. It broke the 1.2800 then 1.2600 support levels on a H4 candlestick and extended its decline towards 1.2500 where the pair showed some indecision in a tight range before resuming its bearish trend. The next target for the bears was located […]
The EURUSD pair broke above the key level of 1.0550-1.0600 and continued its bullish trend towards 1.1000 and 1.1200. The bulls reached the resistance zone around 1.1200 but failed to sustain the momentum. Meanwhile, the bears pulled back the price towards 1.0950 where the pair met the short-term uptrend line. The price reversed from this […]
During August, the EUR/USD pair has been trading in a narrow range between 1.0950 and 1.1050, waiting for a clear direction from the market sentiment and the economic data. Shortly after, the pair failed to maintain upside movement above the depicted uptrend. Instead, it was broken-down terminating the sideway movement. Shortly after, an upside pullback […]
