Leading indicators assist traders in forecasting currency prices and identifying stops and limits.
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Leading Indicators Defined and Explained
access_timeDecember 9, 2023
Latest:
- Week ahead highlights include: FOMC, ECB, BoE, SNB; US CPI, China activity data
- EURO Weekly Forecast: ECB Expected to Hold Rates but How Will Projections Differ from Market Expectations?
- Crude oil settles at $71.23. A close below the 200 week MA is avoided.
- USDCHF approaching key resistance, traders eye targets on the daily and hourly charts
- USDCAD trades to new highs amid volatile up and down trading today
- Not so fast. S&P and Dow indices turn back in the red for the day/week
- Anticipating a Move: NZDUSD trading mostly within a value area, but look for a break soon
- British Pound Outlook: GBP/USD Rattled by NFPs, BoE, ECB, Fed Decisions Ahead
- EURUSD moves higher. Goldilocks Univ of Michigan sentiment, and inflation data.
- GBPUSD finds support buyers near trend line. Can the sellers remain in control?
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