Is Euro’s Downtrend Over? EUR/USD, EUR/AUD, EUR/NZD Price Setups

Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook: EUR/USD has rebounded from quite strong support. Downside in EUR/AUD could be limited; EUR/NZD’s slide is losing steam. What is the outlook and the key levels to watch in key Euro crosses? Looking for actionable trading ideas? Download our top trading opportunities guide packed

China Everbright Group Chairman will be arrested

Earlier this week Li Xiaopeng, former party chief and chairman of China Everbright Group, was expelled from the Chinese Communist Party (CCP) and his post. Reasons cited were severe violations of party discipline and Chinese laws including accepting bribery, illegally holding stakes in non-listed companies, and power abuse. The talk is now he is to

AUD/USD or EUR/AUD, Aussie Picture Remains Bearish

Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast In recent days, the Australian Dollar has been aiming higher of late with some mixed progress among major currency pairs. Looking at the daily chart below, AUD/USD has turned cautiously higher have positive RSI divergence persisted. The latter

TradePlus-Fx|EURUSD: follow plan – Analytics & Forecasts – 11 October 2023

💬Description: Addition to an extreme trading idea for the Euro. In general, we continue to follow the plan that was outlined for us. The first part, aimed at long, worked out positively. Now, after reaching the area 1.06167 – 1.06350, you can begin to consider short transactions. The best thing to do is to look at the dynamic

Argentina’s beleaguered peso sinks to new low as election looms By Reuters

© Reuters. FILE PHOTO: A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration/File Photo By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – The free-fall of Argentina’s troubled peso showed no signs of slowing on Tuesday, with

XAU/USD climbs to two-week high, fueled by falling US bond yields, post FOMC’s minutes

Share: Gold price ascends to a two-week peak at $1877.21, buoyed by declining US Treasury yields. Fed minutes reveal concerns over dual-sided risks to inflation and economic activity, influencing policy outlook. US producer-side inflation data and varied Fed official stances complicate the gold price trajectory. Gold price (XAU/USD) climbed for the second straight

Bears Reload but Energy Market Outlook Stays Positive

CRUDE OIL PRICES OUTLOOK Oil prices extend losses for the second consecutive day, reversing most of Monday’s rally Despite the recent pullback, geopolitical tensions in the Middle East create a constructive backdrop for energy markets. This article looks at the key technical levels for oil to keep an eye on in the coming days. Trade

PIMCO says bullish longer term bonds (12 month horizon), cites peaking inflation

PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of 2023