JPY Intervention Levels Assessed Ahead of Jackson Hole, Yen Offered

Japanese Yen (USD/JPY, EUR/JPY) Analysis Asian geopolitics takes center stage as FX intervention likelihood eases USD/JPY bullish momentum continues as 10-year treasury yield rises EUR/JPY trades higher off support – LT ascending channel continues Large speculators foresee more yen weakness The analysis in this article makes use of chart patterns and key support and resistance

Nvidia: All eyes on this AI Barometer

Nvidia Corp. is an American multinational technology company which engages in the design and manufacture of computer graphics processors, chipsets and related multimedia software. It operates through various segments namely Graphics Processing Unit (GPU) (ie. GeForce (gaming), Quadro (designing), Tesla and DGX (AI data and big data research), Grid (cloud-based visual computing), Tegra Processor (to

S&P index trades above and below unchanged today

The S&P index is trading back in positive territory after giving up earlier gains of 25.88 points and moving into negative territory by -9.42 points. Technically, the low price from Friday stalled within a swing area between 4325 and 4338, and rebounded modestly into the close. In trading today, the price opened and moved higher

WTI and Brent Slide as Overall Sentiment Flounders

OIL PRICE FORECAST: Oil Mixed Today Following an Improved European and US session as Sentiment briefly improved. US Rig Count for Week Ended August 18 Drops to 520 from a Previous 525. Technicals Flashing Mixed Signals with Overall Improvement in Sentiment needed for a Sustained Push Higher. To Learn More About Price Action, Chart Patterns

China state banks seen mopping up offshore yuan to stem currency weakness By Reuters

© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) -China’s major state-owned banks were seen actively mopping up the on Monday, three people with knowledge of the matter said, as the currency comes under growing pressure from a darkening

Gold turns vulnerable as caution deepens ahead of Jackson Hole Symposium

Share: Gold price falls back as the focus shifts to the Jackson Hole Economic Symposium. The US Dollar continues to enjoy liquidity amid caution about China’s economic outlook. United States August economic calendar could have a significant impact on the Fed’s September monetary policy meeting. Gold price (XAU/USD) surrenders gains and slips back below

Chandelier Exit MT4 Indicator – ForexMT4Indicators.com

In the fast-paced world of financial trading, tools that aid decision-making are paramount. Among these tools, the Chandelier Exit MT4 indicator stands out as a valuable asset for traders seeking to manage risk and enhance their trading strategies. In this article, we will delve into the depths of the Chandelier Exit MT4 indicator, exploring its

Gold (XAU/USD) Remains Weak, Eyes Now on the Jackson Hole Central Banker Meet Up

Gold Price (XAU/USD) Analysis, Price, and Chart Gold may struggle to break back above $1,900/oz. ahead of the Jackson Hole Symposium. Robust US Treasury yields are reinforcing the US dollar. Recommended by Nick Cawley How to Trade Gold Gold remains at lows last seen in mid-March and faces further potential losses if Fed chair Jerome