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Daily Forex News and Watchlist: EUR/NZD
EUR/NZD is dipping from its intraday highs ahead of lower-tier economic releases from the Eurozone.
Will today’s downswing keep EUR/NZD in its uptrend pattern?
Before moving on, ICYMI, I’ve listed the potential economic catalysts that…
XAG/USD retreats from multi-week top, holds above $24.00 mark
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Silver edges lower on Monday and corrects further from over a three-month high.
The 200-period SMA…
XAU/USD Price Forecast: Gold Retains Gains Post-Powell
GOLD OUTLOOK & ANALYSISRather hawkish Powell unable to deter gold bulls.Incoming data this focus this week.XAU/USD snakes in and around 200-day MA.
Recommended by Warren Venketas
Get Your Free Gold Forecast…
Play of the Day: AUD/USD Reversal in the Works?
Ready for your first trade this week?
If you’re still looking for setups to trade, then you’ll want to check out AUD/USD’s SMA crossover while in a consolidation.
Let’s take a closer look at the 1-hour chart:
AUD/USD 1-hour Forex…
XAU/USD floats above $1,910 support, focus on China, US data – Confluence Detector
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Gold Price stays defensive above the key support confluence after snapping four-week downtrend.…
Australian Dollar Boosted by Hang Seng Uplift on China’s Tweaks. Will AUD/USD Recover?
Australian Dollar, AUD/USD, China, HSI, CSI 300, BoJ, Ueda, USD/JPY, Euro - Talking PointsThe Australian Dollar nudged north on Monday on improving risk appetiteChina cut the cost of transacting on stocks but then put the brakes on its IPO…
GBP/USD draws support from a modest USD downtick
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GBP/USD trades with modest gains around 1.2600 on softer USD, lacks bullish conviction
The GBP/USD…
US Dollar Flirts with Resistance After Powell; EUR/USD, GBP/USD, AUD/USD Price Action
US Dollar Vs Euro, British Pound, Australian Dollar – Outlook:The DXY Index (USD index) is testing key resistance after Powell warned of more tightening.Broader picture of USD rally fatigue remains intact ahead of key US data this…
Pair retraces recent losses, plods above 1.0800
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EUR/USD holds ground due to the ECB’s support of a hawkish stance.
The previous week’s low appears…
Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, JGB, Yields, Ueda, Powell - Talking PointsUSD/JPY is contemplating new peaks after reaching higher this weekThe BoJ and the Fed appear to be on differing paths, and it might assist…