USD/ZAR News and Analysis US consumer confidence takes a hit as labour market shows slight signs of easing ZAR technical outlook eyes 200-simple moving average (SMA) ZAR looking ahead to Chinese manufacturing PMI as the sector contracts The analysis in this article makes use of chart patterns and key support and resistance levels. For more
Unveiling the layers of Johnson & Johnson’s journey, we delve into a tapestry woven with strategic prowess and an unwavering commitment to innovation. Operating across Pharmaceuticals, Medical Devices, and Consumer Health, Johnson & Johnson’s trifold approach defines its impact. The Pharmaceuticals wing, contributing over 45% of revenue, offers a diverse array of treatments spanning immunology,
I posted earlier on this ICYMI: The monthly CPI data from Australia does not show all components of the CPI, that’ll have to wait for the quarterly data release. For the July – September quarter we’ll get that in October. Nevertheless, we will receive some information from the monthly release today. Earlier previews: From the
BITCOIN FORECAST BTC/USD soars and breaks above its 200-day simple moving average, boosted by Grayscale’s legal victory The SEC’s defeat in the U.S. court system may have positive implications for cryptocurrencies This article looks at Bitcoin’s key technical levels to watch in the near term Trade Smarter – Sign up for the DailyFX Newsletter Receive
Hello traders, Today I spotted two trading setups. My first setup was in USDCAD H1. Price was deeper inside the Supply Zone. The Supply Zone was well formed and also was formed inside Daily Supply Zone. For all those reasons i decided to click the zone label and create two Sell Market orders. The RR
© Reuters. Investing.com — Most Asian currencies strengthened on Tuesday, while the dollar retreated from near three-month highs as investors trimmed some positions before a slew of key economic readings this week. Fears of higher U.S. interest rates spurred a six-week rally in the greenback, following strong inflation and jobs data and as the Federal
Share: USD/CHF declined for a third consecutive day to 0.87800, below the 20-day SMA of 0.8800. US JOLTs from July came in lower than expected, which fueled a decrease in US bond yields. Hawkish bets on the Fed for November remain high—markets pricing in rate cuts In June 2024. On Tuesday, the USD faced
High-frequency exchange (HFX) trading has become increasingly popular, offering traders the potential for significant profits through rapid, automated transactions. However, this fast-paced trading environment presents unique challenges for risk management. If you’re considering becoming a high-frequency exchange trader, read on as we delve into the difficulties faced by traders, best practices for managing risks, regulatory
USD/JPY ANALYSIS USD/JPY rose to multi-month highs during Tuesday’s European session, but erased gains and reversed course sharply following weak and lackluster U.S. economic data. By late afternoon, the pair was losing 0.35% to trade at 146.00, after reaching a peak of 147.37 in the morning. Earlier in the day, the latest consumer confidence survey
That the Eurozone is not in good shape economically we know and we have said it many times: manufacturing, orders, PMIs, hours worked (in Germany they reached the lowest since the data started being collected in 1971, 34.3 hours per week on average). Yesterday, two other pieces of data came out, important although generally not
