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USD/JPY, EUR/JPY, GBP/JPY Price Setups
US Dollar, British Pound, Euro Vs Japanese Yen – Price Action:JPY on intervention watch after remarks from Japan’s top currency diplomat.Yield curve control tweaking should be debated – BOJ summary of opinions.What is the outlook for…
Retreats from 200-HMA with eyes on ECB’s Lagarde
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EUR/USD struggles to defend the first daily gains in three, fades bounce off one-week low.
200-HMA,…
GBP/USD, EUR/GBP, GBP/AUD Price Action
British Pound Vs US Dollar, Euro, Australian Dollar – Price Setups:GBP/USD is holding below stiff resistance even after surprise 50-bp move by BoE last week.Speculative long GBP positioning has jumped to pre-Covid levels.What is the…
Mildly bid within immediate bullish channel around 143.50
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USD/JPY fades bounce off intraday low inside three-day-old rising trend channel.
Overbought RSI…
Subdued Start to the Week Amid Light Calendar in the Region
Market RecapLast Friday brought another downbeat session in Wall Street, with the S&P 500 adding to recent losses to close 1.4% lower for the week but nevertheless, the index is still up 4% for the month. On the economic calendar,…
XAU/USD portrays bearish consolidation on growth, geopolitical clues, US inflation eyed
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Gold Price licks its wounds at the lowest levels in 3.5 months as risk-aversion amplifies.…
Eye of the storm
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Friday‘s S&P 500 intraday reversal higher didn‘t last into the close even if bonds favored that.…
Nasdaq, Gold, USD, Powell, US PCE, Germany Ifo, China PMI, Australia Retail Sales
Recommended by Manish Jaradi
Traits of Successful Traders
Global equity markets tumbled while the US dollar rose as risk appetite took a back seat following aggressive tightening by global central banks in an…
Difference between percent up and percent down – Trading Strategies – 25 June 2023
Suppose you have opened a trading account with $100,000. You made a deal and earned 1 thousand. That is, your profit on this trade is 1 percent of your capital. Fine. Now, let's say you lose the same $1,000 on your next trade.…
XAG/USD struggles to reclaim ground, and turns bearish below the 200-DMA
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Silver price sees a minor gain of 0.50% but fails to reclaim the May 26 daily low, resulting in a…