Technical Analysis NZDUSD – like the AUDUSD – trades to a new low for the year but bounces. The NZDUSD – like the AUDUSD – traded to new 2023 lows and to the lowest level since November 2023. The price, however, has seen …
Technical Analysis AUDUSD trades to new low for the year, but momentum fades. Can buyers take back control? Posted onAugust 14, 2023 The AUDUSD traded to a new low for the year, falling below the end of May low at 0.64587. However momentum quickly faded and the …
Central Banks NY Fed July survey shows 1 year inflation expectations lowest since April 2021 Posted onAugust 14, 2023 The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2023 Survey of Consumer Expectations, which shows that inflation expectations …
Technical Analysis USDCAD traders try to stay above key 200 day MA Posted onAugust 14, 2023 The USDCAD traders are trying to hold support against its 200 day moving average. That moving average currently comes in at 1.34478. The price has …
Technical Analysis 10 year yield moves to highest level since November 2022 Posted onAugust 14, 2023 The US 10 year yield is trading at 4.211%. The high yield rate 4.215%. That has taken the yield above the August for high yield …
Technical Analysis GBPUSD is looking toward its 100 day MA at 1.2611. Key MA target for the pair. Posted onAugust 14, 2023 The GBPUSD is trading lower today and in the process is moving down toward it’s a key 100-day moving average of 1.26112. That moving averages …
Technical Analysis EURUSD moves below its KEY 100 day moving average at 1.0930. Now close risk for sellers. Posted onAugust 14, 2023 The EURUSD is moving to a new session low and trades at the lowest level since July 7. The move lower has now taken the …
Technical Analysis USDJPY extends to new highs and above 145.00 for the first time since November 2011 Posted onAugust 14, 2023 The USDJPY is trading higher, and above the 145.00 level. That took the price above the 2022 high at 145.07 and to the highest level …
Technical Analysis The GBP is the strongest and the JPY is the weakest as the NA session begins Posted onAugust 14, 2023 The GBP is the strongest and the JPY is the weakest as the NA session begins. The major currencies are all scrunched together. Chinese real …
Technical Analysis Nasdaq Composite Technical Analysis – Watch this key level Posted onAugust 14, 2023 Last week, the US CPI came basically in line with expectations, but the good news is that the Core M/M reading once again printed at …
Technical Analysis Gold Technical Analysis – Reversal signs are emerging Posted onAugust 14, 2023 Last week, the US CPI came basically in line with expectations, but the good news is that the Core M/M reading once again printed at …