Technical Analysis AUDUSD Technical Analysis – The bearish bias remains Posted onAugust 8, 2023 Last week, the NFP missed expectations for a second time in a row and the previous numbers were all revised lower. This was seen as …
Technical Analysis USDCAD Technical Analysis – The pair looks set to reach new highs Posted onAugust 8, 2023 Last week, the NFP missed expectations for a second time in a row and the previous numbers were all revised lower. This was seen as …
Technical Analysis GBPUSD Technical Analysis – The sellers are in control Posted onAugust 8, 2023 Last week, the NFP missed expectations for a second time in a row and the previous numbers were all revised lower. This was seen as …
Technical Analysis EURUSD Technical Analysis – Everything revolves around this key level Posted onAugust 8, 2023 Last week, the NFP missed expectations for a second time in a row and the previous numbers were all revised lower. This was seen as …
Market Outlook Euro Stalls with the US Dollar Gaining on Higher Treasury Yields. Lower EUR/USD? Posted onAugust 8, 2023 The Euro backed away from trend line resistance with the US Dollar regaining some ascendency after Fed speakers repeated their tight policy mantra. Where to …
Market Outlook Warm Start to the Week, but Lead-Up to China’s Trade Data Brings Some Caution: S&P 500, China A50, Natural Gas Posted onAugust 8, 2023 Following last Friday’s reversal, major US indices managed to hold onto their gains this time round, with the 4,500 level for the S&P 500 having …
Technical Analysis USD moves higher vs all major currencies Posted onAugust 8, 2023 The USD is running higher vs all the major currencies. The Chinese stock markets are set open lower which is helping to lead to a …
Central Banks PBOC sets USD/CNY midpoint at 7.1565 versus last close at 7.1942 Posted onAugust 8, 2023 People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade …
Technical Analysis Nikkei 225 up 0.82%. Moves toward key hourly moving averages. Posted onAugust 8, 2023 The Nikkei 225 is trading to new session highs and in the process is approaching key hourly moving averages. The current price is up 0.82% …
Technical Analysis USDJPY extends to a new session high and breaks above its 100 hour MA in the process Posted onAugust 8, 2023 The USDJPY is extending to the upside and in the process is moving above its 100-hour MA at 142.611. The price of the USDJPY yesterday …
Central Banks China PBOC expected to set Yuan midpoint at 7.1869: Reuters Posted onAugust 8, 2023 Yesterday, the PBOC set the USD/CNY central rate at 7.1380 People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank …