Japanese Yen (USD/JPY, EUR/JPY) Analysis Indicator of broader price pressures reach record highs IG client sentiment hints at bullish extension EUR/JPY breakdown scenario may receive a boost from dovish leaning ECB The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library
A popular trading expression is “the trend is your friend.” This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity. This article provides traders with an in-depth guide on what trendlines are, how to draw
2/2 © Reuters. FILE PHOTO: President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia’s Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2 2/2 By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON (Reuters) – The
Share: Powell’s hawkish tone on inflation and potential for further rate hikes propels USD/CAD to a three-month high of 1.3640, currently trading at 1.3613. Philadelphia Fed’s Patrick Harker adds fuel to the fire, stating rates are already restrictive and may need to rise further if inflation stalls. Lackluster Canadian retail sales data at
Are you an avid trader looking to enhance your technical analysis arsenal? If so, then the RSI Divergence MT4 indicator might be the powerful tool you’ve been seeking. In this article, we’ll take an in-depth look at what the RSI Divergence MT4 indicator is, how it works, and how you can leverage it to make
US Dollar (DXY) Price, Chart, and Analysis Price stability remains key for the Fed. US dollar nudges lower. Recommended by Nick Cawley Traits of Successful Traders The conclusion of Fed chair Powell’s Jackson Hole keynote speech suggests that the central bank will ‘proceed carefully’ before making any decisions on future monetary policy decisions. ‘At upcoming
The echoes of the recent BRICS summit resonate with significance, promising to cast ripples across the market’s landscape. As the curtains fall, let’s unpack the main takeaways that hold the potential to reshape market dynamics in profound ways. In a bold stride, BRICS leaders have extended a hand to welcome new allies into their fold.
> A review of the market prices after the Fed Powell speech Fed Powell speech sends USD lower initially, but moving back higher in up and down trading EURUSD 1.0812 USDJPY 1.4608 GBPUSD 1.2611 USDCHF 0.8851 USDCAD 1.3600 AUDUSD 0.6417 NZDUSD 0.5918 US interest rates: 2 year yield 5.058% 10 year yield 4.235% 30 year
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EUR/USD and EUR/GBP Forecast – Prices, Charts, and Analysis Recommended by Nick Cawley How to Trade EUR/USD The Euro remains on the back foot after Wednesday’s anemic PMIs showed the single bloc’s economy struggling to make any headway. The latest ECB ‘sources’ talk is that momentum is growing for the European Central Bank to pause
