USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test

[ad_1] Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/JPY TECHNICAL ANALYSIS USD/JPY advanced last week to its highest level since November 2022, but pulled back after a failed attempt to clear channel resistance, which coincided with comments from Bank of

AUD/USD Momentum Fading, AUD/JPY Triangle Breakout Next?

[ad_1] Australian Dollar, AUD/USD, AUD/JPY, Symmetrical Triangle – Technical Update: Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is hovering just above key support against the US Dollar, which is the 78.6% Fibonacci retracement level at 0.6382. Meanwhile, as prices struggled to break lower, positive RSI divergence emerged, showing that downside

USD/CAD on Cusp of Breakout Despite BoC’s Hawkish Hold

[ad_1] USD/CAD FORECAST USD/CAD rises as U.S. Treasury yields push higher following strong U.S. economic data Bank of Canada keeps interest rates unchanged, but says additional hikes should not be ruled out BoC’s hawkish hold fails to support the Canadian dollar, as the broader U.S. dollar drives FX market dynamics Trade Smarter – Sign up

Gold Prices Stall at Trendline Resistance. Will NFP Spark Breakout or Rejection?

[ad_1] GOLD PRICE (XAU/USD) FORECAST Gold prices stall after encountering trendline resistance near $1,950 ahead of a high-impact event on Friday: the release of the latest U.S. jobs report Total nonfarm payrolls for August are forecast to have risen by 170,000, following July’s 187,000 increase This article looks at XAU/USD’s key technical levels to watch

Support Resistance Breakout Arrows MT4 Indicator

[ad_1] In the world of forex trading, precision and timing are everything. Traders are always on the lookout for tools that can help them make informed decisions and improve their profitability. One such tool that has gained significant attention is the Support Resistance Breakout Arrows MT4 Indicator. This article explores the features, benefits, and application

Breakout Box MT4 Indicator – ForexMT4Indicators.com

[ad_1] Are you a forex trader looking for a tool that can help you identify potential trading opportunities with greater accuracy? Look no further – the Breakout Box MT4 indicator might just be the solution you’ve been searching for. In this article, we’ll delve into the world of technical analysis, exploring how this indicator works,

USD/CAD May Extend Breakout Amid Bearish Retail Traders

[ad_1] Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar depreciated to its weakest level since late May Retail traders have been increasing USD/CAD downside bets Alongside technical cues, positioning supports a bullish bias Recommended by Daniel Dubrovsky What is the outlook for the US Dollar? The Canadian Dollar continued its

EUR/USD Enclosed by Key Tech Levels Before US CPI, Breakout Eyed

[ad_1] 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

EURUSD on Breakout Watch, EURGBP Range Continues

[ad_1] Euro (EUR/USD, EUR/GBP) Analysis Recommended by Richard Snow Get Your Free EUR Forecast European Data Set the Bearish Tone Earlier in the Week The euro has experienced a sizeable selloff which only continued as the week progressed as EU data softened and US data remained relatively strong. On Monday we saw core inflation edge