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Daily Forex News and Watchlist: NZD/JPY
Risk-on flows stemming from easing banking sector fears led to another round of losses for the yen.
Can NZD/JPY resume its rally after pulling back?
Before moving on, ICYMI, yesterday’s watchlist checked a trend reversal setup on USD/JPY…
XAU/USD virtually unchanged ahead of key US data, US Dollar vulnerable long term
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Gold price continues lazily flatlining as markets debate the future of interest rates.
Jerome…
Medium-Term Downward Pressure is Fading
Bitcoin, BTC/USD - Technical Outlook:Bitcoin’s medium-term downward pressure is fading.However, the given the damage since 2021, the recovery is likely to be characterized as “two-steps-forward-one-step-back”.What are the key levels to…
GBP/USD Grinds Higher as US Data Releases Near
GBP/USD - Prices, Charts, and AnalysisCable is higher on the week but the trading range is very narrow.US GDP and core PCE may add some volatility into a lackluster market.
Recommended by Nick Cawley
How to Trade…
EURAUD 29 MARCH 2023 – TRADE WITH THE AMAZING COMBO ITALO TREND AND ITALO VOLUME INDICATOR…
Hello Traders, we had a trade on EURAUD H1 timeframe that today 29 March 23 the market already moved +5400 points of profit after the green candle and the volume confirmations appeared. Take a look at the movement: This…
Options Bands Retracement Forex Trading Strategy
Trending markets are excellent market conditions to find high probability trade setups which could help traders consistently earn a profit from the forex market. This is because trending markets tend to provide!-->!-->…
Chart Art: Ether’s (ETH/USD) Range and AUD/CAD’s Potential Reversal
Looking for short or long-term trades today?
Either way, I got you covered with Ether (ETH/USD) testing a range resistance and AUD/CAD flirting with a downside breakout.
Which of these setups will you more likely trade?
Ether (ETH/USD)…
Gold Futures: Further weakness appears unlikely
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CME Group’s flash data for gold futures markets noted traders reduced their open interest positions…
Can AUD/USD Rise to 0.80?
AUD/USD, Australian dollar – Price Action:AUD/USD retreat since February is a consolidation/correction of the rise since October.A potential reverse head & shoulders pattern could be unfolding.What are the signposts to watch?…
Japanese Yen Slips as US Dollar Recovers Along with Risk Assets. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Powell, Fed, Treasury Yields - Talking PointsThe Japanese Yen has lost ground going into month-end and fiscal year-endThe BoJ looks likely to be on hold for some time while the Fed’s rate path…