Despite the strong inflation numbers hovering high and significantly rising interest rates, the US economy remains resilient and the job market is holding high in a massive recovery
Despite the strong inflation numbers hovering high and significantly rising interest rates, the US economy remains resilient and the job market is holding high in a massive recovery
GBP/USD will likely gain higher, oil price dips and poses buying opportunity.
What do you think will happen to ALL Pound pairs if BoE hikes the rate to 4.0% prior to the NFP release?
Will the Advanced GDP report cause a further decline in the US Dollar? Fingers crossed.
Canadian interest rate hike could possibly drive the Canadian dollar higher in gain
Key Take-Aways Above the 1.2350 resistance, the GBP/USD pair began to rise once more. On the 4-hours chart, a converging […]
Key Take-Aways Technical Analysis of EUR/USD Above the resistance level of 1.0750 against the US Dollar, the Euro entered a […]
Key Take-Aways Technical Analysis of USD/JPY The US Dollar began a new drop against the Japanese Yen from much above […]
BTC/USD overcame significant resistance to enter a short-term
Key Take-Aways Price Technical Analysis of Gold The price of gold against the US dollar developed a base over $1,850. […]
Retail sales is an economic indicator in the USA that keeps inventory of demand for finished goods, by measuring the […]
Key Take-Away Technical Analysis of GBP/USD In relation to the US Dollar, the British Pound began a new uptrend over […]
The Canadian CPI anticipated release, is developing trade set ups on CAD Pairs for massive moves.
Key Take-Aways Technical Analysis of USD/JPY Against the Japanese Yen, the US Dollar was unable to overcome the 134.80 barrier […]
Key Take-Aways Technical Analysis of Crude Oil The $81.50 resistance level for crude oil against the US dollar marked the […]
Consumer Price Index (CPI) The CPI is a data calculated and released by the United States Bureau Of Labor Statistics […]
In relation to the US Dollar, the British pound found support at about 1.1845. GBP/USD began a new rise and overcame a significant obstacle close to 1.2000.
The EUR/USD pair recently begun a new climb after testing the 1.0480 area.
Key Take-Aways Technical Analysis of USD/JPY The US dollar’s fall versus the Japanese yen continued below the 132.00 mark. Near […]
Key Take-Aways Technical Analysis of Gold Over the $1,780 mark, the gold price established a ground versus the US dollar. […]
the United States job market has remained resilient amid the inflationary pressures hitting hard on a global scale.
Key Take-Aways Technical Analysis of GBP/USD The British pound’s recent slide versus the US dollar began far above the 1.2400 […]
Key Take-Aways Technical Analysis of USD/JPY The 138.00 resistance level versus the Japanese Yen marked the beginning of another drop […]
Key Take-Aways Technical Analysis of the Bitcoin Price Before the bears showed up, the price of bitcoin surged above the […]
Key Take-Aways Price Technical Analysis of Gold The price of gold against the US dollar developed a base above $1,770. […]
In relation to the US Dollar, the British pound advanced past the 1.2300 level.
In relation to the US Dollar, the Euro accelerated above the 1.0620 resistance level.
The USD appreciated against the JPY
Key Take-Aways Technical Analysis of USD/CHF The US Dollar’s recent slide versus the Swiss Franc began well above the level […]
Key Take-Aways Above the $73 resistance, the price of crude oil began to rise again. On the 4-hours chart, it […]
The Euro began to rise steadily against the US Dollar above 1.0420. Even the EUR/USD traded above 1.0500 to enter the positive territory.
Below the 142.00 support level for the Japanese Yen, the US Dollar began a significant drop.
In relation to the US dollar, gold’s price built a base above $1,725 per ounce. over the …
The 1.1900 support level versus the US Dollar marked the beginning of a new climb for the British pound. GBP/USD picked some speed to move past the 1.2000 resistance level.
EUR/USD gaining massively…
Key Take-Aways USD/JPY plunged precipitously and traded under the 138.00 level of support. On the 4-hours chart, a significant negative […]
From the $74.00 support region in relation to the US dollar, the price of crude oil began a new upward trend.
USD/CAD continued to trade favorably and began a new uptrend over the
Lately, reports from economic analysts relayed that the federal reserve interest rate hike is having a slight punchy effect on the US labor market.
In relation to the US Dollar, the British Pound began a new uptrend over the resistance at 1.1800.
Key Take-Away Above the 1.0280 level, EUR/USD is displaying promising characteristics. On the 4-hours chart, it traded above a significant […]
The USD/JPY pair began another fall after failing to break through the 142.25 area.
Key Take-Aways GBP/USD increased and made a challenge of the 1.2000 resistance level. On the 4-hours chart, a significant bullish […]
EUR/USD begins correction and main support closely
The US Dollar’s significant drop versus the Japanese Yen began well above the 148.00 mark. Below the 146.50 and 145.50 support levels, USD/JPY fell.
price of crude oil declines, major support holds strong
Key Take-Aways From the $15,540 region, the price of bitcoin began an upward correction. On the 4-hours chart, a crucial […]
GBP/USD broke the 1.1800 resistance, 1.1600 stood as support
As the United States Comsumer price index falls below 8%, the USD/JPY drops
Above the 0.5800 resistance, the NZD/USD pair began to rise once more.
The British pound was still strongly bid against the US dollar over the 1.1120 mark
Above the 0.9900 resistance level, the EUR/USD began to rebound. On the 4-hours chart, it broke through a significant bearish […]
From the 145.50 support region, the US Dollar made an additional attempt to rise against the Japanese Yen.
Bitcoin could possibly gain higher in the near term
The strong US job market and the healthy economy are driving the US Dollars gains to the upside.
n relation to the US Dollar, the Euro began to rise steadily over the resistance level of 0.9900. The EUR/USD broke through resistance at 1.0000 and continued to climb.
After testing the 152.00 resistance level versus the Japanese Yen, the US Dollar began a significant drop. To enter a short-term negative zone, USD/JPY fell below 150.00 and 149.50.
The EUR/USD pair began to recover and was able to move past the 0.9780 barrier.
The USD/JPY began a sharp rise and touched the 150.0 ceiling. On the 4-hours chart, a significant bullish trend line […]
In relation to the Canadian Dollar, the US Dollar strengthened over the 1.3500 resistance. USD/CAD, however, was unable to rise further beyond 1.4000.
Key Take-Aways Above the 1.1350 mark, the GBP/USD pair began a respectable recovery wave. On the 4-hours chart, it broke […]
key Take-Aways The EUR/USD pair started a new fall after failing to rise over 1.0000. On the 4-hours chart, a […]
In relation to the Japanese Yen, the US Dollar began a new rise above the 145.00 resistance level. USD/JPY exchanged hands at a new multi-year high, even breaking over the 147.00 mark
Key Take-Aways From the $1,729 resistance area, gold’s price began a new descent. On the 4-hours chart, it fell below […]
In relation to the US Dollar, the British Pound had trouble breaking through the 1.1500 resistance level. Below the level of 1.1400, GBP/USD made a brief top and began a new drop.
Key Take-Aways Above the 144.50 resistance, USD/JPY began to rise once more. On the 4-hours chart, it broke through a […]
NZD/USD Gains Faced Obstacle, Price of Oil Moves Higher
Lately, reports from economic analysts relayed that the federal reserve interest rate hike is having a punchy negative effect on the US labor market.
Key Take-Aways Below the $1,650 level, gold prices continued to decline. On the 4-hours chart, a significant negative trend line […]
The British pound began a significant drop versus the US dollar from well above 1.1000. GBP/USD fell by more than 500 pip to a new low.
Key Take-Aways Below the 0.9900 support level, the EUR/USD fell sharply. On the 4-hours chart, it broke a significant bullish […]
Against the Japanese Yen, the US Dollar maintained its positive territory over the 142.00 mark. Before the bears showed up, USD/JPY moved to a fresh multi-year high at 145.90.
Over the 1.3200 level, the US Dollar’s significant rise versus the Canadian Dollar began. USD/CAD overcame the resistance at 1.3400 to go into a bullish area.
From the area of 0.6920 against the US dollar, the Australian dollar started a new drop. The AUD/USD pair dropped below the 0.6840 level and entered a negative area.
From the 1.1720 area versus the US Dollar, the British pound began a new drop. Below the 1.1650 and 1.1580 levels, GBP/USD started to trend lower.
The US Dollar/Euro exchange rate encountered significant resistance close to 1.0197. The EUR/USD pair launched a new fall and traded beneath the 1.0060 level of support.
Main Points AUD/USD continued losses and transacted beneath the 0.6750 support A major bearish trend line is set up with […]
The pivot point of 0.6300 for the New Zealand dollar against the US dollar remained unbroken. The NZD/USD pair fell below the 0.6150 and 0.6100 support levels, entering a more negative area.
After a closure below 1.1650, the GBP/USD pair picked up gains.
When compared to the US Dollar, the Euro began a significant drop from well above 1.0100. The EUR/USD pair moved into a bearish zone after settling below the parity line.
In relation to the Japanese Yen, the US Dollar began a significant rise over the 138.00 resistance level. Near 138.80, USD/JPY picked up speed and cleared many significant obstacles.
The price of gold versus the US Dollar has had difficulty accelerating above the $1,800 barrier level. Below the support levels of $1,780 and $1,750, the price began a sharp drop.
Last month, the Non-Farm Payroll positive release stood as a catalyst for the US dollar’s massive gains. The strong data point drove the US Dollar Index to the upside by a wide percentage margin, with the currency ascending to a multi-year high against its most liquid counterpart, the EURO hitting 0.99145 to 0.99990 price level below parity
Crude oil prices began a new rise against the US dollar after establishing a base above the $85 mark. The resistance levels of $90 and $92 were successfully overcome by the price.
Key Take-Aways GBP/USD dropped to 1.1649, a fresh multi-month low. On the 4-hours chart, a significant negative trend line is […]
In relation to the US Dollar, the Euro tried to make a recovery wave from the 0.9900 region. The EUR/USD rose over the resistance levels of 0.9980 and 0.95, but gains were modest.
From the 132.00 area against the Japanese Yen, the US Dollar began to steadily rise. The USD/JPY overcame numerous obstacles between 133.50 and 134.00 to enter a bullish zone.
When compared to the Canadian Dollar, the US Dollar established a base above the 1.2740 mark. To enter the positive zone, USD/CAD rose over the resistance levels of 1.2880 and 1.2900.
The Aussie Dollar started a major decline from well above 0.7100 against the US Dollar. AUD/USD traded below the 0.7000 support zone to move into a bearish zone.
Against the US Dollar, the British Pound was unable to overcome the 1.2250 resistance level. GBP/USD began a significant fall and traded beneath the crucial 1.2000 support region.
Key Take-Aways Below the 1.0200 level, the EUR/USD began to trend down. On the 4-hours chart, it traded below a […]
The US Dollar started a new rise against the Japanese Yen after establishing a base above the 131.50 mark. The USD/JPY pair moved into a bullish zone after breaking through resistance around 133.20 and 133.50.
The price of crude oil faced sellers near $95.50 versus the US dollar following a brief recovery surge. Below the $92.50 support area, the price started to drop once more.
In relation to the US dollar, gold’s price increased quickly above the $1,750 resistance level. The resistance levels of $1,760 and $1,780 were overcome by the price.
In relation to the US Dollar, the Euro accelerated above the 1.0220 resistance level. Before the bears materialized, EUR/USD even cleared the 1.0250 and 1.0300 levels.
The US Dollar’s significant drop versus the Japanese Yen began well above the 138.00 mark. The USD/JPY fell below the 135.00 support level and entered a negative area.
In relation to the US Dollar, the New Zealand Dollar established a base above the 0.6250 mark. NZD/USD continued to go upward and broke over the 0.6300 resistance.
Over the 0.6900 mark, the Australian dollar started to rise steadily against the US dollar. The resistance level of 0.6950 was overcome by AUD/USD, allowing it to enter a bullish zone.
Against the US Dollar, the British Pound attempted an upward break over the 1.2300 resistance. GBP/USD produced a short-term peak near 1.2293 after failing to move higher.
Above the 1.0150 resistance level, the Euro began a descent upward movement against the US Dollar. Before the bears showed in, EUR/USD even traded above 1.0220.
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