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USD/CAD steps lower into 1.3580 as Greenback recedes from recent bullish momentum
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The USD/CAD is seeing a sell-off on possible profit-taking volumes.
Resistance is being provided by…
AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?
AUSTRALIAN DOLLAR OUTLOOKAUD/USD and NZD/USD rally on Monday, bolstered by broad-based U.S. dollar weaknessThe greenback’s pullback appears to be driven by profit-taking after a strong bullish run since mid-JulyLooking ahead, the U.S.…
THE HANGING MAN STRATEGY. MY EXPERIENCE OF USING! – Analytics & Forecasts – 12…
Most traders will agree that there are few things more enjoyable than riding a steady up trend all the way to the top. Unfortunately, as the old adage goes, “all good things must come to an end”. This is particularly true in…
Event Guide: U.S. CPI Report (August 2023)
Uncle Sam has another batch of inflation figures comin’ right up!
Can these still make or break Fed tightening expectations? And how might the U.S. dollar react to the actual results?
Here’s what market watchers are expecting for the…
Wednesday’s CPI release could be key, with Oracle earnings after Monday market close
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S&P 500 pulled back 1.3% last week, trading as low as 4,430.
Wednesday sees the release of the…
USD/JPY Slips After BoJ Talk, EUR/JPY Eyes ECB Rate Decision
Japanese Yen Prices, Charts, and AnalysisUSD/JPY – The short-term high may already be in place.EUR/JPY – UK jobs and growth data will likely drive this pair.Bank of Japan (BoJ) – Foreign Exchange Market InterventionThe Japanese Yen pushed…
Chart Art: Bullish Trend Correction on USD/CAD?
USD/CAD is in correction mode on its uptrend.
Are buyers about to hop in at any of these levels soon?
Or is the pair in for a major reversal?
USD/CAD 4-hour Forex Chart by TV
This forex pair has been cruising higher for quite some…
GBP rebounds strongly on cheerful mood, UK employment in focus
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GBP/USD Outlook: Weaker USD-inspired rally could fade rather quickly, UK/US macro data in focus
The…
Anticipation Ramps Up for Pound Traders
POUND STERLING ANALYSIS & TALKING POINTSBoE peak rate market pricing continues to fall.UK labor data & US CPI the focal points this week.1.25 tentatively holds.
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Daily Forex News and Watchlist: GBP/JPY
The possibility of a policy bias pivot for the BOJ strengthened the yen earlier today.
What does this mean for GBP/JPY’s downtrend ahead of this week’s U.K. data releases?
Check out what’s cooking in the 15-minute chart!
Before moving…