Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from July 31 to August 4, 2023. There were opened in total 5 trades on two out of three currency pairs. For convenience and timely receipt of signals
© Reuters. FILE PHOTO: Japan’s former currency czar Eisuke Sakakibara speaks at an interview with Reuters in Tokyo, Japan February 6, 2017. REUTERS/Kim Kyung-Hoon/File Photo By Brigid Riley TOKYO (Reuters) – Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen as the currency has already found some support and
Share: Early Tuesday in Asia, the Reserve Bank of New Zealand unveils results of its first stress test for the life insurance industry while suggesting that the major players are well-placed to overcome the severe economic and insurance shocks, while continuing to pay out on policy claims, reported Reuters. More to come .
CANADIAN DOLLAR PRICE, CHARTS AND ANALYSIS: The Loonie Looks on Course for Further Losses as the Oil Correlation Seems to be Changing. Light Data Week on the Calendar with US CPI likely to Dominate. Market Participants see 72% chance of no rate at the upcoming BoC Meeting. Do not forget to Download Your Free Top
A few more economic releases expected in the new trading day in Asian. At 7:01pm ET, the UK’s BRC Retail Sales Monitor is forecast to come in at a year-on-year (y/y) increase of 3.0%, down from the previous 4.2%. At 7:30pm ET, Japan’s Average Cash Earnings for June are projected to report a 3.0% y/y
STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the United
EUR/USD FORECAST EUR/USD begins the week on the back foot, following disappointing economic data in Europe and rising U.S. Treasury yields Volatility, however, is limited, with many traders on the sidelines ahead of Thursday’s U.S. inflation report, which could be critical for the U.S. dollar This article also discusses key EUR/USD technical levels to watch
Inflation in the US is declining. It is a fact. But it still remains above the Fed’s 2% target. If at a meeting in July the Fed leaders, even in the face of declining inflation and approaching its target level, nevertheless raised the interest rate and expressed their readiness to continue the cycle of tightening
© Reuters. FILE PHOTO: People walk along an elevated walkway at the Pudong financial district in Shanghai November 20, 2013. REUTERS/Carlos Barria/File Photo By Samuel Shen and Tom Westbrook SHANGHAI/SYDNEY (Reuters) – Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy
Share: Microsoft with ticker MSFT is already back to all-time highs in an impulsive price action, but it has an unfinished bullish cycle, so there’s no top until we see a completed five-wave rally. We can see it currently just making a higher degree wave 4 correction that can retest 320 – 300 support zone before the uptrend for wave 5 towards 400
