AUD/USD in Freefall as US Yields Vault to New Heights

AUD/USD OUTLOOK AUD/USD sinks to its lowest level since November 2022 as U.S. yields vault to fresh multi-year highs. This article looks at key technical levels worth watching in the coming days. IG client sentiment data points to further weakness for the Aussie. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and

Support and Resistance – Analytics & Forecasts – 4 October 2023

Support occurs when falling prices stop, change direction, and begin to rise. Support is often viewed as a “floor” which is supporting, or holding up, prices. Resistance is a price level where rising prices stop, change direction, and begin to fall. Resistance is often viewed as a “ceiling” keeping prices from rising higher. If price

AUD/USD looking for a rebound from 0.6300

Share: The AUD/USD is struggling to find support as the US Dollar movers higher across the broader market. The Aussie is facing multiple bearish pressures as the RBA keeps rates unchanged as markets expected. The rest of the week still sees key data points for both the Aussie and the Greenback. The AUD/USD

TMA Centered Bands MT4 Indicator

In the fast-paced world of trading, having the right tools at your disposal can make all the difference between success and missed opportunities. One such tool that has gained popularity among traders is the TMA Centered Bands MT4 Indicator. In this article, we’ll delve into what this indicator is, how it works, and how it

USD/JPY Hit by Potential FX Intervention. Will Bulls Reload?

USD/JPY OUTLOOK: USD/JPY briefly breaks above 150.00, but then pulls back sharply on signs that the Japanese government has stepped in to support the yen in currency markets. Any FX intervention measures will not be enough to support the yen on a sustained basis. As long as the underlying fundamentals do not change, the USD/JPY

USDJPY Approaches Psychological Level 150.00

USDJPY moved noticeably higher in Monday’s trading [02/10], gaining +0.27% continuing its recent uptrend and inching closer to the psychological level of 150. The JPN225 recovered at the same time, taking back the 32000 mark. Investors’ enthusiastic reaction to the upbeat quarterly Tankan survey results, masking the less encouraging Manufacturing PMI data, was probably responsible

Japan senior MOF official asked about intervention: No comment

A senior Ministry of Finance official quoted by Reuters said he had no comment on whether there had been intervention at 150.00 earlier today. Spoiler: There was. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز