Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky How to Trade AUD/USD AUD/USD – Daily Chart Recent performance in the Australian Dollar against the US Dollar and Japanese Yen is setting up an interesting technical landscape. On the daily chart below, AUD/USD surged on Thursday, leaving behind a Bullish Engulfing candlestick
News Overview: My trading day begins with a careful analysis of the overnight news. I focus on significant developments that could potentially impact the market. I pay particular attention to events that could have immediate effects on the opening price, such as changes in the Chinese currency value or Japanese monetary policy. Chart Analysis: Subsequently,
© Reuters. Investing.com– Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs and Treasury yields stalled before key U.S. inflation data due later in the day. Regional currencies were battered by a spike in the dollar and Treasury yields this week, after hawkish signals from
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This comes as Japanese yields continue to nudge higher all through this week, with 10-year JGB yields touching 0.77% today: 10-year JGB yields (%) daily chart Since the BOJ allowed for yields to roam above the 0.50% mark, bond sellers haven’t really let up and I reckon that policymakers still want to manage expectations somewhat
Number of traders net-short has decreased by 7.82% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/GBP BEARISH 50.15% 49.85% 1.22% Daily 9.21% Weekly -13.39% Daily -7.82% Weekly -6.63% Daily 0.00% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A slight breather in the Treasury yields rally allowed Wall Street to turn in a positive session overnight, while VIX retraced for the second straight day after nearing its key psychological 20 level, which are generally looked upon as
© Reuters. The is bracing for the upcoming Golden Week holiday, an event that will lead to a temporary trading halt in mainland China while continuing globally, potentially leading to asset disparities. This eight-day period, which starts on Thursday, will see a lack of daily reference rates due to the closure of the onshore market.
Share: EUR/USD fails to attract any follow-through buying and oscillates in a range on Friday. Bets that any further ECB rate hikes may be off the table act as a headwind for the Euro. The prospects for further policy tightening by the Fed underpins the USD and cap gains. Traders now look to
In the dynamic world of forex trading, having the right tools at your disposal can make all the difference. Among the numerous indicators available to traders, the Average True Range (ATR) MT4 indicator stands out as a valuable tool for assessing market volatility and making informed trading decisions. In this comprehensive guide, we will delve
