USDCHF tests a support target The USDCHF did spike higher post FOMC decision, but hit the May extremes that started at 1.0048 and moved to 1.00637. Sellers leaned. The high reached 1.00493. The subsequent move to the downside has now reached to the lows from earlier today at 0.9961. That low is also near a
admin
> Fitch expect economic conditions in New Zealand to be broadly stable over the next 2 years Eamonn Sheridan Wednesday, 15/06/2022 | 22:13 GMT-0 15/06/2022 | 22:13 GMT-0 Fitch agency on NZ says New Zealand large banks are well-placed for rising interest rates ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most
NEW DELHI: Gold prices gained mildly on Wednesday, on the back of weaker treasury yields, ahead of the US Federal Reserve’s meeting. However, the firm US dollar capped gains. Investors have dramatically raised their bets that the Fed will hike interest rates by 75 basis points (bps) rather than 50 bps, a swing in expectations
The forex markets are generally staying inside yesterday’s range so far today. Stocks in Europe and US futures are recovering while treasury yields retreat. Traders are clearly turning cautious ahead of FOMC rate decision. The question is whether Fed would deliver 75bps hike as markets priced in, or stick to its 50bps per meeting plan.
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Federal Reserve Chair Jerome Powell said Wednesday the central bank could raise interest rates by a similar magnitude at the next policy meeting in July as it did in June. “From the perspective of today, either a 50 basis point
Gold gained traction on Wednesday and snapped a two-day losing streak to a near one-month low. Retreating US bond yields prompted some USD profit-taking and extended some support to the metal. Hawkish Fed expectations might cap gains for the XAUUSD ahead of the key central bank event risk. Gold attracted some buying on Wednesday and
The 200-week moving average has been pivotal in the Nasdaq for decades. The share since the financial crisis shows it being tested repeatedly and never breaking aside from a two-week period at the height of the pandemic fears. This level is a good spot for a bounce but if it breaks, it could mean much
It’s very much the same old stuff from Kishida. The BOJ has bigger concerns at the moment as 10-year JGB yields are straying offside from their implicit cap of 0.25%: The yen may be getting a bit of a reprieve on the day as the dollar shakes off some of its gains and Treasury yields
Gold prices in the national capital rose by Rs 3 to Rs 50,304 per 10 grams in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,301 per 10 grams. Silver also gained Rs 304 to Rs 60,016 per kg from
The forex markets are steady in tight range in Asia, while Dollar remains the strongest one for the week. Main focus today is on whether Fed would deliver a 75bps hike as markets fully priced in, or stick to its “original plan” of 50bps hike per meeting. Yen is staying as the second strongest on
Lacoste launches NFTs and DAO Accessible luxury brand Lacoste has launched an NFT project named “Undw3” that includes a new decentralized autonomous organization (DAO) that will offer token holders voting power on certain products and business partnerships. There are 11,212 NFTs in total — in a nod to the firm’s popular polo shirt L1212 —
MOST PROFITABLE Fractal Trading Strategies For Day Trading Forex, Stocks and Crypto | Fractals In this video, I will be sharing 2 ways in which you can use fractals for your trading. Fractals are nothing but simple price patterns that often occur in the markets. So the fractal indicator helps us in identifying the short
Discover how Technical Analysis can help you better time your entries, exits—and become a consistently profitable trader. Learn more about Price Action Trading Secrets: https://priceactiontradingsecrets.com/ [Timestamps] 00:00 – Introduction 01:54 – Technical Analysis Explained 06:37 – Market Structure and Candlestick Chart 14:00 – Market Structure and Moving Average 20:26 – Area of Value and Support
learn how to apply forex fibonacci retracement and extension trading strategy . join my free forex signal channel on telegram : https://t.me/habbyforex
US Treasury Secretary Wally Adeyemo said on Tuesday that Russia’s oil profits have likely risen despite lower crude exports, and the United States and its allies must find ways to reduce Moscow’s oil revenue, possibly by capping prices, per Reuters. Adeyemo told a U.S. Senate Appropriations subcommittee hearing. Additional comments US goal needs to be
AUDUSD falls to swing area ahead of the 2022 low The AUDUSD is down for the 5th consecutive day. That move has taken the price from from a high of 0.72352 a low today of 0.6965 or 267 pips or -3.7%. Like the other currencies today, the initial move today was in the USD lower
Via Reuters overnight on UK ructions. Scotland’s First Minister Nicola Sturgeon said she was set to share details on plans for a new independence referendum. Sturgeon said she was nearly ready to give more details on how Scotland’s devolved parliament could move ahead with a new independence referendum without the consent of the British government.
Oil prices rose about 2% on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose $2.60, or 2.1%, to $124.87 a barrel at 1405 GMT, while U.S. West Texas Intermediate (WTI) crude rose $2.42, or 2% to