GBPJPY finds sellers near the 200 hour MA
GBPJPY finds sellers near the 200 hour MA The GBPJPY GBP/JPY The GBP/JPY is the currency pair encompassing the British pound of the United Kingdom (symbol £, code GBP), and the Japanese yen of Japan (symbol ¥, code JPY). The pair’s rate indicates how many Japanese yen are needed in order to purchase one British […]
GBP/USD finds a cushion around 1.2200, downside seems favored as spotlight shifts to US NFP
GBP/USD has attempted to build a cushion around 1.2200 after a perpendicular sell-off. Investors are dumping the risk-perceived assets as anxiety among investors is soaring ahead of the US NFP data. The BoE might continue hiking interest rates as UK inflation is extremely stubborn. The GBP/USD pair has sensed a pause in its vertical downside […]
Gold Finds Resistance at $1950!
Gold price retreated from the $1,950 handle, which is the highest level since April 2022. Modest Dollar strength weighed on the yellow metal as the DXY found some support. Recession fears should limit THE losses for Gold and smaller rate hikes expected by the Fed. Timestamps XAUUSD 01:54 DXY 03:00 The post Gold Finds Resistance […]
AUDUSD finds the sellers near hourly MAs and swing area on the rebound
The AUDUSD AUD/USD The AUD/USD is the currency pair encompassing the Australian dollar of the Commonwealth of Australia (symbol $, code AUD), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase one Australian dollar. For example, when […]
Dollar finds its footing near seven-month low, all eyes on yen By Reuters
© Reuters. FILE PHOTO: Examples of Japanese yen banknotes are displayed at a media event in Tokyo, Japan, November 21, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade […]
AUDUSD dips to the 100 hour MA and finds buyers on the first look
AUDUSD bounces near the 100 hour moving average The move down in stocks and up in yields sent the price lower in the late London morning session, in the early New York session, the price fell below the swing highs from Monday and swing lows from yesterday and today between 0.6943 and 0.6949. The price […]
USDNOK Can Break Lower When US Stocks Finds A Support
In today’s advanced #ElliottWave analysis, Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses #equities, #FXMajors, and #Commodities and discover how he applies EW principles to come up with his amazing forecasts! Timestamps USDNOK 02:30 EURUSD 06:00 EURGBP 07:10 DAX 08:05 XAGUSD 09:40 The post USDNOK Can Break […]
FTSE Finds Form Early in 2023 |
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