Technical analysis of US Crude, XAUUSD, and EURUSD for today (18 January 2023)
2023.01.18 2023.01.18 Short-term analysis for oil, gold, and EURUSD for 18.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold was corrected […]
EURUSD tries below 100 hour MA again
EURUSD back below the 100 hour MA The price has since moved back below the 100 hour moving average, and as I speak is extending away from that 100 hour moving average. The current price just extended below the 1.08 level and is trading at 1.0795. Sellers are making play with the next key target […]
Surfing The Waves With Gregor Horvat: USDJPY, EURUSD, GBPUSD, WTI, USDMXN & More!
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EUR/USD now points to some consolidation – UOB
UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest EUR/USD is now seen within the 1.0680-1.0880 range. Key Quotes 24-hour view: “We expected EUR to ‘trade sideways between 1.0790 and 1.0860’ yesterday. However, EUR rose briefly to 1.0869, dropped sharply to 1.0773 and closed at 1.0788 (-0.26%). The rapid decline in […]
New lows for the EURUSD. EURCHF down as well and tests its 200 day MA.
EUR is down vs all the major currencies New low for the EURUSD as it remains the currency of the day (to the downside). The EUR is the weakest of the majors. The EURUSD is now down -0.38% . The EURNZD is the weakest of the EUR pairs at -0.92% and is down -0.78% vs […]
ECB policymakers starting to consider a slower pace of interest-rate hikes
ECB policymakers are starting to consider a slower pace of interest-rate hikes after a likely 50 basis-point step in February, sources say as reported by Bloomberg. “The rapid energy-driven decline in headline inflation is giving the ECB a bit of breathing space, but policymakers will remain focused on persistent underlying pressures for now. If, as […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
US Dollar Talking Points: Recommended by James Stanley Get Your Free USD Forecast The US Dollar sell-off has continued through the first two weeks of 2023 trade. While the USD grasped onto support at 103.45 coming into the year, sellers have continued to push. The heavy drive for the bearish trend re-appeared on the Friday […]
German ZEW Economic Sentiment Index rebounds to 16.9 in January vs. -15.5 expected
Economic sentiment in Germany and the Eurozone unexpectedly turned positive in January. EUR/USD remains unimpressed by the upbeat ZEW surveys, keeping its range around 1.0815. The German ZEW headline numbers showed that the Economic Sentiment Index returned to positive territory, arriving at 16.9 in January from -23.3 in December, beating the market expectation of -15.5. […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (17 January 2023)
2023.01.17 2023.01.17 Short-term analysis for oil, gold, and EURUSD for 17.01.2023 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is being […]
EUR/USD remains sideways around 1.0830 amid ambiguity in risk profile, US PPI eyed
EUR/USD is in a rangebound territory as solid yields are weighing on risk-perceived currencies. The release of the US PPI will provide more cues about inflation projections. According to Bloomberg’s poll, the ECB is expected to find an interest rate peak at 3.25%. The EUR/USD pair has continued to trade rangebound near 1.0830 in the […]