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Play of the Day: AUD/USD Bearish Continuation Pattern
AUD/USD is still stuck in consolidation!
If you’re hoping to catch a big move from this pair, you might wanna check out this symmetrical triangle on its hourly time frame.
Don’t forget that this week is filled with top-tier catalysts,…
Remains confined around 145.40 amid the cautious mood
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USD/JPY consolidates around the 145.15-145.65 region in a narrow trading band.
The major pair…
Euro Steadies as Hang Seng Tanks on PBOC’s Shallow Cut. Lower EUR/USD?
Euro, EUR/USD, US Dollar, Fed, Jackson Hole, China, PBOC, HSI, Crude Oil, Gold - Talking PointsEuro support has held so far but may falter if the US Dollar resumes strengtheningChina eased monetary policy today, but not by enough looking…
Will the BoJ step in to influence the USD/JPY?
Since the Bank of Japan changed its position on its yield curve management policy at its last meeting at the end of July, the yen has been gradually losing value.
This latest adjustment has caused the value of 10-year Japanese government…
Setup favours bulls and supports prospects for further gains
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USD/CAD consolidates its recent strong gains to its highest level since early June.
Rising Oil…
New Zealand Dollar Reverses Gains After PBOC Move; NZD/USD, AUD/NZD, GBP/NZD Setups
NZD/USD, AUD/NZD, GBP/NZD - Outlook:China cut its 1-year benchmark lending rate but left is 5-year rate unchanged.NZD gave up early gains, with NZD/USD testing key support.What is the outlook for NZD/USD, GBP/NZD, and AUD/NZD?…
Falling wedge lures XNG/USD bulls but $2.76 guards immediate recovery
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Natural Gas Price picks up bids to extend late Friday’s rebound from two-week low within bullish…
Crude Oil Price Wanes with a Higher US Dollar and Treasury Yields. Where to for WTI?
Crude Oil, WTI, Brent, Federal Reserve, DXY Index, China, PBOC, EIA, API – Talking PointsCrude oil faces some challenges with China’s outlook in focusHigher Treasury yields and the China situation might be relatedThe PBOC is poised to ease…
XAG/USD looks to recapture $23.00 on 10-DMA breakout
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Silver Price remains on the front foot for third consecutive day after bouncing off Golden Fibonacci…
GBP/USD Bearish Head & Shoulders in Focus
British Pound, GBP/USD, Descending Channel – Technical Update:British Pound transitions into sideways price actionDaily chart reveals bearish Head & Shoulders pattern4-hour timeframe has key moving averages in focus
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