AUD/JPY is modestly lower today in what would be the first daily decline after eight straight days of gains but it’s the weekly chart where I want to focus. It’s gone parabolic, adding 4% this week in the eighth consecutive week of gains. The rally this week blew through the 2017 high and is one
Markets: Gold down $3 to $1954 US 10-year yields up 14 bps to 2.48% WTI crude oil up 69-cents to $112.97 S&P 500 up 20 points to 4540 CHF and CAD lead, JPY lags Europe and Asia handed off a relatively quiet day to North American trading but it wouldn’t stay that way for long.
MELBOURNE – Oil prices fell about a $1 on Friday as the United States and allies considered releasing more oil from storage to cool markets and as traders faced higher costs for trading benchmark Brent futures. Brent crude futures fell $1.07, or 0.9%, to $117.96 a barrel at 0053 GMT, after sliding 2.1% in the
Euro turns slightly softer after poor German business climate reading, in particular against Swiss Franc, Aussie and Loonie. Dollar is also weak except versus Yen. Yen is trying to recover but there is no clear follow through buying. It’s the the runaway loser of the week. Overall, Aussie is set to end as the week
The shared currency barely moves vs. the greenback as traders head into the weekend. The EU and the US reached an agreement on natural gas supply. EUR/USD Price Forecast: Confined to the 1.0960-1.1000 range. The EUR/USD remains subdued amid a choppy trading day, as the market mood swings from risk-on to off continue, on “hawkish”
#forex #Nasdaq100 #Nas100 Always providing FREE Forex lessons that you would pay a lot of money for… Download Link fixed now. I know some of you were have problems downloading the System… Download link: https://linkgenie.me/s/QEOKZ 🙏Thank Me Later _________________________________________________________________________________ 🇿🇦 My Recommended Broker Link: https://bit.ly/myForexBroker _________________________________________________________________________________ Social Handles👇: Facebook : https://www.facebook.com/KamogeloFx Instagram : https://www.instagram.com/kamogelofx Beat
Welcome to ForexNepal This is the 1st platform lunched in Nepal where you can get all the information regarding Forex Exchange/Market Forex is all about patience. “LEARN TOGETHER EARN TOGETHER” Disclaimer : High Risk Investment Warning: Trading Stocks, Commodity or foreign exchange on margin carries a high level of risk, and may not be suitable
#FOREX #FOREXSCALPING #FOREXDAYTRADER BEST Forex Trading Strategy For Beginners (How To Scalp Forex) (High Winrate Strategy) EASY Scalping Strategy For Daytrading Forex (High Winrate Strategy) I Go Over Different Strategies & Ways To Increase Your Probability In The Forex Market. I”m Mainly Speaking To Forex Day Traders That May Need More Confluence With Their Trading.
EURUSD solidifies support and resistance Guess what? The 200 hour MA held resistance in the EURUSD . Surprise. Surprise. The 200 hour MA (green line) has acted as a barometer for bullish and bearish going back to last week. There have been a number of moves above and below the moving average, but the price
Prior 98.9; revised to 98.5 Current conditions 97.0 vs 96.5 expected Prior 98.6 Expectations 85.1 vs 92.0 expected Prior 99.2 That’s a big slump as the Russia-Ukraine war dampens the outlook with surging inflation pressures also likely weighing on sentiment for the most part. The drop in the expectations reading sees that fall to the
NEW DELHI: Gold prices edged lower while silver advanced in Friday’s trade. Gold futures on MCX for April delivery were trading at Rs 52,078 per 10 gram, down Rs 18 or 0.03 per cent. Holdings of the world’s largest gold-backed exchange-traded fund, SPDR Gold Trust, stood at 1,087.66 tonnes. Silver futures for May delivery were
Overall markets are mixed in Asia today. While stocks in Hong Kong are suffering renewed selling, Japan and Singapore are steady. Gold is lifted by general weakness in Dollar. Yen’s selling looks more and more exhausted even though it’s still the worst performing one for the week, followed by Euro and the greenback. On the
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that “the economy faces uncertain times.” Additional quotes Industry supply chain issues have become worse, 80.2% of companies facing them (vs 74.6% in February). Price expectations have risen, two-thirds of companies want to increase prices. Price expectations have risen in retail
Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue to be a winner in 2022. Axie Infinity was the first game to really capture widespread attention and highlight the possibilities
The 50 basis point rate hike by the Bank of Mexico was as expected especially after the Mexican President inadvertently leaked it this morning. Nevertheless, the USDMXN is trading to new lows for the day. So at least the market saved a little reaction it seems. Looking at the daily chart, the USDMXN is, moving
JPM analysts on crude oil (in very brief) cut its Q2 demand forecast by 1.1 mn barrels a day reduced the outlook for H2 by about 500,000 bbls say the revision to forecasts are “heavily concentrated in Europe” saying the region is the centre of the geopolitical shock Oil update: (This chart is from our
Gold prices were unchanged on Thursday as the dollar gained and yields hovered near multi-year peaks, offsetting support from an escalation in the Ukraine crisis. FUNDAMENTALS Spot gold was little changed at $1,943.75 per ounce by 0131 GMT. U.S. gold futures were up 0.4% to $1,944.40. The dollar index gained on Wednesday, making gold less
Yen’s selloff resumes in early US session as selloff in bonds resume. Dollar picks up some buying after strong job data. But Swiss Franc is stronger with help from selloff in Euro. On the other hand. commodity currencies are turning weaker together with Euro, but pressure on them is still far from that on Yen.