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NFP to Revive EURUSD Downtrend?
Euro Analysis (EUR/USD, EUR/JPY)EUR/USD Driven by Countertrend Move is Yields, USDIn an unsurprising fashion markets have cooled off in anticipation of today’s NFP print which was always going to be the standout event this week. Lackluster…
Daily Forex News and Watchlist: USD/JPY
Feel like trading the U.S. dollar during the NFP report?Check out USD/JPY hanging out at make-or-break levels in the 15-minute time frame!
Before moving on, ICYMI, yesterday’s watchlist checked out a possible pullback opportunity on!--/sse-->!--sse-->…
FTSE 100, S&P 500 and Russell 2000 Hover Above Support Ahead of US NFP
Article by IG Senior Market Analyst Axel RudolphFTSE 100, S&P 500, Russell 2000 Analysis and ChartsFTSE 100 tries to recover from one-month low The FTSE 100 is seen heading back up towards its 55-day simple moving average (SMA) at…
Chart Art: The U.S. Dollar Index Looks Ready to Extend Its Trend!
Trend traders huddle up!
The U.S. dollar took a lot of hits in the last couple of days, enough to drag the U.S. dollar index (DXY) waaay lower in the 4-hour charts.
How low can the index go?
U.S. Dollar Index (USDX): Daily
U.S. Dollar…
Remains below 0.9150, US NFP awaited
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USD/CHF consolidates below 0.9150 ahead of the crucial US employment data.
MACD indicates a tepid…
Gold and Silver Prices Continue to Reinforce Key Support Levels After Pronounced Losses
Gold and Silver: Near-Term Technical UpdateGold and silver prices take a breather from lossesThis is allowing support levels to be reinforcedWhat are key levels to watch in the event of breakouts?
Recommended by…
Sterling Brushes Off PMI Data and Eyes Recovery
GBP PRICE, CHARTS AND ANALYSIS:Read More: Bitcoin Technical Outlook: Price Action Remains Choppy Heading into Q4GBP has arrested its slump with a midweek recovery largely thanks to a recovery in overall risk sentiment. Cable has been the…
Consolidates around mid-1.0500s, focus remains on US NFP
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EUR/USD struggles to gain any meaningful traction on Friday and oscillates in a narrow band.
The…
What’s in Store for Nasdaq 100, USD, Yields, and Gold?
US NFP REPORT KEY POINTS:The U.S. economy is forecast to have created 170,000 jobs in September.The unemployment rate is seen ticking down to 3.7% from 3.8% previously, signaling persistent labor market tightness.A strong NFP report will…
Australian Dollar moves sideways ahead of US Nonfarm Payrolls data
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Australian Dollar experienced positive momentum due to the correction in the US Dollar.
Australia's…