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Japanese Yen Toys with the Market as Ranges Break then Retreats. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Momentum - Talking PointsUSD/JPY has steadied after testing higher groundThe BoJ is in a ‘do nothing’ mode and that could help YenIf the trend is intact, will USD/JPY stretch higher?…
XAU/USD bulls keep the reins ahead of United State Nonfarm Payrolls
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Gold price grinds near all-time high marked after the Federal Reserve announcements.
Mixed United…
Apple Gains After Earnings Beat, Carrying Nasdaq 100 Futures Higher
APPLE EARNINGS REPORT KEY POINTS:Apple’s earnings surprise to the upside, beating on both EPS and revenue expectationsShares of the tech company rally in extended trading following second-quarter resultsNasdaq 100 futures retrace…
Grinds below 1.1030 upside hurdle with eyes on US NFP
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EUR/USD retreats from intraday high after snapping two-day uptrend.
Multiple technical indicators…
Gold Prices Rise as Markets Focus on Fed Rate Cut Bets and Regional Bank Woes
Gold, XAU/USD, Fed, Rate Cuts, Regional Bank Woes – Briefing:Gold prices aim slightly higher, though erase most gainsMarkets focused on Fed easing and regional bank woesXAU/USD faces negative RSI divergence, Shooting Star
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ITALO PIVOTS INDICATOR – THE BEST PIVOT POINT INDICATOR ON THE FOREX MARKET – Trading…
As you saw, the Italo Pivots Indicator has an Edge over the market, and another amazing feature is that you can put whatever pivot period you want on the same chart: FOR EXAMPLE, BELLOW YOU HAVE THE PIVOT POINT OF 1 MONTH AND 1…
The pair balances at critical levels
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GBP/USD was trading in a narrower range of around 50 pips on Thursday having hit an 11-month high…
Our data shows traders are now net-long Wall Street for the first time since Mar 28, 2023 when Wall…
Number of traders net-short has decreased by 29.32% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIWall StreetBEARISH51.10%48.90%43.03% Daily40.22% Weekly-18.90% Daily-29.32% Weekly4.14%…
USD/JPY Loses Altitude and Sinks to Support, AUD/USD Defies Ironclad Resistance
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USD/JPY TECHNICAL ANALYSISUSD/JPY posted heavy losses on Thursday, down about 0.5% in afternoon trading, one day after the Federal Reserve flagged a…
Support and Resistance – Analytics & Forecasts – 4 May 2023
Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change…