Technical Analysis For the EURUSD today, the 100 hour MA is resistance, and the 100 day MA is support. Posted onAugust 8, 2023 Yesterday the 100-day moving average held support near session lows during training yesterday, and the price rotated higher into the close. That 100-day moving average …
Cryptocurrency Fresh banking troubles provide a fresh bid for bitcoin Posted onAugust 8, 2023 Bitcoin is in the midst of its best day in almost a month. It’s up 2.3%, or $752 to $29,925 as it threatens to retake …
Central Banks Fed’s Harker: We will probably start cutting rates sometime next year Posted onAugust 8, 2023 We don’t want to overdo it on rates These are the most-dovish comments from any Fed member since the start of the hiking cycle. This …
Central Banks Fed’s Barkin: GDP remains solid and labor market is ‘remarkably resilient’ Posted onAugust 8, 2023 Inflation remains too high Barkin is a Fed centrist like Harker but isn’t signalling any preference for a pause. This article was written by Adam …
Central Banks More from Harker: We’re going back to a more-normal circumstance Posted onAugust 8, 2023 Fiscal stimulus is burning off Supply chain issues are starting to heal Our forecast is not that inflation might spike back up This article was …
Central Banks Fed’s Harker: I believe we may be at the point where we can hold rates steady Posted onAugust 8, 2023 Barring ‘alarming’ new data by mid-Sept, I believe we may be at the where we can be patient and hold rates steady. Should we be …
Technical Analysis USDJPY Technical Analysis – US CPI in focus 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 NZDUSD Technical Analysis – The sellers are eyeing new lows 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 …
Analyst Picks XAU/USD Price Forecast: Gold Bulls Stalk Falling Wedge Posted onAugust 8, 2023 Gold prices could be in for an imminent rebound as bullish technical patterns unfold. Source
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 …