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Bears threatens the 100-day SMA amid USD strength
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XAG/USD peaked at a daily high of $24.80 then settled near the $24.15 area.
US NFPs and PMI figures…
Bollinger Bands Secrets! – Analytics & Forecasts – 2 September 2023
Bollinger bands are a volatility indicator, used by traders to identify areas of support and resistance and areas in which an asset might be experiencing increased or decreased volatility. Bollinger bands are calculated from…
Forex and Cryptocurrencies Forecast for September 04 – 08, 2023 – Analytics &…
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! ● Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed…
GBP seems baffled as investors remain mixed about interest rate peak
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GBP/USD Forecast: Pound Sterling could stretch higher if risk flows return after NFP
GBP/USD lost…
Next on the upside comes 1.0945
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EUR/USD fades Thursday’s downtick and approaches 1.0900.
Immediate up-barrier remains near 1.0950…
XAG/USD turns volatile as investors assess the US NFP report
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Silver price delivers a volatile action as investors carefully examine the US NFP report.
The US…
US Dollar Dip Pauses as Markets Reassess Fed Moves and China Concerns. Lower USD?
US Dollar, DXY Index, USD, Fed, GDP, China PMI, USD/JPY, Euro CPI - Talking PointsThe US Dollar was undermined by weak data that gave hope to equity bullsChina saw good PMI numbers, but the property sector continues to weighMarkets appear…
USD/JPY stages mild recovery amid mixed US NFP, rising US Treasury bond yields
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USD/JPY trades nearly flat at 145.46 after dropping to a three-week low of 144.44.
US Nonfarm…
Gold Extends on US Jobs Data
GOLD OUTLOOK & ANALYSISMarkets expect Fed to cut in May 2024 post-jobs numbers.Core PCE & jobless claims the focal points for today.XAU/USD trades at key area of confluence as bulls eye $1950.
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Global Market Weekly Recap: August 28 – September 1, 2023
After a slow start, the major financial asset classes jumped into anti-Dollar mode thanks to a heavy U.S. calendar showing signs of economic growth cracking.
This lifted prospects of the Fed nearing the end of its tightening cycle,!--sse-->…