Technical analysis of US Crude, XAUUSD, and EURUSD for today (8 February 2023)
2023.02.08 2023.02.08 Short-term analysis for oil, gold, and EURUSD for 08.02.2023 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. XAUUSD buyers try […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (7 February 2023)
2023.02.07 2023.02.07 Short-term analysis for oil, gold, and EURUSD for 07.02.2023 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. EURUSD reached the […]
PBOC sets USD/ CNY reference rate for today at 6.7967 (vs. estimate at 6.7962)
<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6.7988</p><p>PBoC injects 393bn yuan of 7-day reverse repos […]
RBA rate hike expected today – preview
National Australia Bank on the Reserve Bank of Australia meeting today, Tuesday, 7 February 2023: The RBA is expected to deliver another 25bp increase to take the Cash Rate to 3.35%, an outcome expected by almost everyone surveyed by the main media outlets (a couple are picking no change, no-one a 50-point increase). Money markets […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (6 February 2023)
2023.02.06 2023.02.06 Short-term analysis for oil, gold, and EURUSD for 06.02.2023 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. The oil short-term […]
PBOC sets USD/ CNY reference rate for today at 6.7737 (vs. estimate at 6.7755)
<p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 6.8002</p><p>-</p><p>PBoC injects 150bn yuan of 7-day reverse repos […]
Heads up for BOJ Governor Kuroda to appear in parliament today from 0050GMT (8.50pm US ET)
Bank of Japan Governor Kuroda will testify before the Japanese Diet today from 10.50am Tokyo time. ICYMI there has been speculation regarding one of his deputies being approached to become the new gov. once Kuroda’s term expires on April 8: Kuroda and Amamiya. USD/JPY, meanwhile, has dipped towards 131.50 from highs around a hunger points […]
Technical analysis of US Crude, XAUUSD, and EURUSD for today (3 February 2023)
2023.02.03 2023.02.03 Short-term analysis for oil, gold, and EURUSD for 03.02.2023 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. The oil short-term […]
US non-farm payrolls in focus today
The BOE delivered a more dovish rate hike yesterday while the ECB more or less met expectations with their decision. However, Lagarde wasn’t exactly firm with her communique as the central bank just committed to one more 50 bps rate hike in March. There was an attempt to try and walk that back here but […]
Market Spotlight: Downside GBP Risks into BOE Today
BOE Up NextThe Bank of England meeting today will be pivotal for GBP. Concerns over the UK economy have become a prominent issue in recent months with widening industrial action, ongoing Brexit-related difficulties, covid disruptions and political instability all exerting downward pressure on GBP. The BOE’s tightening operations have added to the pressure for UK […]