Technical Analysis USDJPY mired in a 32 pip trading range but nontrend transitions to trend. Be aware. With nearly 1/2 of the North American session is now over (and most of the day over), and the USDJPY remains in a very narrow …
Technical Analysis Broader US stock indices try to shift its bias in the short term more to the upside Posted onSeptember 18, 2023 The S&P index is trading up around 14.0 points or 0.32 percent at 4464.61. In the process, the prices moving above and away from its …
Central Banks The Fed will need to dial down its 2023 core inflation forecast this week Posted onSeptember 18, 2023 The Fed is due for another set of economic forecasts this week and one interesting spot will be core inflation. The current central tendency is …
Technical Analysis EURUSD extends to a new high but it still is a slow and sleepy start for the week Posted onSeptember 18, 2023 The EURUSD is stretching to a new session high in the last few minutes as early sellers in the North American session could not gather …
Central Banks Goldman Sachs predicts BOE hikes by 25bps this week, sees stable EUR/GBP Posted onSeptember 18, 2023 Goldman Sachs weighs in on the much-anticipated Bank of England meeting this week, forecasting a 25 basis points hike in interest rates which is in …
Technical Analysis NZDUSD sellers are trying to make a play below hourly MA levels Posted onSeptember 18, 2023 Traders in the NZDUSD are extending the price to new session lows for the new trading week. In the process, the price has moved back …
Technical Analysis AUDUSD sellers are making a play to start the trading week Posted onSeptember 18, 2023 The AUDUSD sellers are making a play in the early US trading hours to start the trading week. The price has now moved below its …
Technical Analysis USDCAD sellers are making a play with a break below 1.34923 Posted onSeptember 18, 2023 Sellers are making a play in early North American trading in the USDCAD as the price has broken below a floor area between 1.34921 and …
Technical Analysis Kickstart your trading day (and week) with a look at the EURUSD, USDJPY and GBPUSD Posted onSeptember 18, 2023 The trading week in the forex market is off to a slow start with modest trading ranges in the major currency pairs. In this video, …
Technical Analysis The CHF is the strongest and the USD is the weakest as the NA session begins Posted onSeptember 18, 2023 As the new trading week begins, the CHF is the strongest and the USD is the weakest. However, all the major currencies are scrunched together …
Technical Analysis Nasdaq Composite Technical Analysis – Downside risk after the breakout Posted onSeptember 18, 2023 Last week, we got another set of good economic data for the US with signs of further disinflation in the core inflation measures. The soft-landing …