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A Bit More Downside Within a Broader Consolidation?
US Dollar, Euro, EUR/USD – Outlook:A minor double top pattern points to some more downside in EUR/USD.However, it is too soon to conclude that EUR/USD’s multi-week uptrend has reversed.What is the outlook and what are the key signposts to…
Japanese Yen Dips as Treasury Yields Climb Ahead of Ueda Testimony. Higher USD/JPY?
Japanese Yen, USD/JPY, US Dollar, Fed, Yields, BoJ, Ueda, Momentum - Talking PointsThe Japanese Yen has slipped today as markets take stock of Fed commentsA new BoJ Governor will speak later this week with all eyes on any policy tiltThe…
Remains pressured towards 1.0630-15 support area
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EUR/USD fades bounce off seven-week-old horizontal support, retreats from 61.8% Fibonacci…
Bearish Rectangle Breakout Spells Trouble?
Natural Gas, RSI, Bearish Rectangle Breakout – Technical Update:Natural gas prices resumed broader losing streak last weekTrajectory continues to be in line with a Head & ShouldersNear-term Bearish Rectangle breakout more to worry…
Eyes further downside below $77.00
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WTI holds lower grounds near two-week bottom, prints six-day downtrend.
Sustained trading below key…
Bears on the look out for a break to 132.50
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USD/JPY bears eye a 50% mean reversion that could be in play for the opening range over the coming…
$$$$ Inside Bar Forex Trading Strategy $$$$ – Analytics & Forecasts – 20 February…
Inside Bar is a candlestick pattern signaling low volatility period in a market. It means that there are not many orders coming to the market and that bulls as well as bears stay calm, and waiting for further market…
AMAZING upgrade FROM GlideMarket Assistant – My Trading – 19 February 2023
• Closing all open trades with one click • Closing all BUY positions with one click • Closing all SELL positions with one click • Closing all PROFIT positions with one click • Closing all LOSS positions with one click • Deleting all BUY…
US Dollar, Gold, Dow Jones, FOMC Minutes, PCE, NZD/USD, RBNZ
Recommended by Daniel Dubrovsky
Get Your Free Equities Forecast
The US Dollar outperformed its major counterparts this past week. Looking at the chart below, the Japanese Yen was the worst-performing major…
XAU/USD Tentative Awaiting Fundamental Catalyst
GOLD OUTLOOK & ANALYSISHawkish Fed remains a strong theme going into next week.US economic data in focus including FOMC minutes, GDP,PCE and consumer sentiment reports.Long lower wick may indicate short-term upside but strong US data…