The euro continues to lag major central banks as far as rate hikes are concerned, leaving it vulnerable over the medium term despite warnings from ECB officials. Daily price is located far below 200 SMA in the bearish aeea of the chart with the oversold market condition. The price is testing the bearish triangle pattern with 1.047 support level to below for the bearish trend to be continuing. Alternatively, the price will be on the secondary ...
[QUOTE=TheNews;151949]Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets. Daily price is located above Ichimoku cloud in the bullish area of the chart. The price is trying to cross the bullish triangle pattern with 103.96 resistance level to above for the bullish trend to be continuing. Alternative, the price may be bounced from resistance level to below for the ...
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows? Daily price broke Ichioku cloud and 200 SMA/UniStepEMA for the primary bearish reversal: the price is ranging within 0.7029/0.7265 support/resistance levels waiting for direction. more...
Swiss consumer price inflation accelerated further to its highest since October 2008, data from the Federal Statistical Office showed on Wednesday. more...
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended April 30th. more...
Recent Visitors
Archive
Go to Profile
Mark as Read