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Japanese Yen Week Ahead as Fed Skip Bets Grow: USD/JPY, EUR/JPY, AUD/JPY
US Dollar, Euro, Australian Dollar Vs Japanese Yen – Price Action:USD/JPY is holding above key support.EUR/JPY’s rally looks tired, while AUD/JPY’s rebound lacks steam.What is the outlook for the key yen crosses?
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Big Trend Fisher Reversal Forex Trading Strategy
Many traders hope to catch one of those big market moves. These are markets or forex pairs that would start to gain momentum and later on develop into a full-blown trend. Trading trends using trend reversal and!-->!-->…
XAU/USD bears approach $1,930 support on upbeat US Dollar, firmer yields
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Gold Price renews intraday low to extend post-NFP losses.
US Dollar cheers hawkish Fed bets, sour…
Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?
Crude Oil, OPEC+, WTI, US Dollar, US Jobs Data, Saudi Arabia, Russia – Talking PointsCrude oil leapt to higher ground after the OPEC+ declared production cutThe June OPEC+ meeting delivered a price reaction that had been foretoldThe US…
Extends pullback from 200-EMA towards 0.6560 support confluence
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AUD/USD holds lower grounds around intraday low while snapping two-day uptrend.
RSI (14) line’s…
Further downside past 0.6100 appears impulsive
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NZD/USD remains pressured after reversing from one-week high, sidelined amid NZ holiday.
Failure to…
XAU/USD downside appears difficult even as US NFP favors Fed hawks
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Gold Price remains pressured towards short-term key support after snapping three-week downtrend with…
S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China…
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The Fundamentals of Trend Trading
Global equity markets rose, led by solid gains in US equities, as markets cheered the passage of a debt ceiling bill that averted a catastrophic…
Trend lines – Analytics & Forecasts – 8 June 2023
Trend lines are lines drawn on the historical price levels that predict general direction of where the marking is heading and provide indication of support/resistance. Drawing trend lines is a highly subjective matter. The best…
USD/MXN slash losses as US NFP surpasses estimates, Mexican Peso holds steadily
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US jobs growth exceeds estimates, yet USD/MXN slips by 0.12%.
US Treasury bond yields’ increase…