EUR/USD, PRICE FORECAST: MOST READ: Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses The Euro continues to hold the high ground against the Greenback following Tuesday’s explosive move to the upside. EURUSD is currently trading between two key levels with support provided around the 1.0840 handle and resistance
The EURUSD on Monday of this week reached up to test the 38.2% retracement of the move down from the July high to the October low near 1.07642. A high price on Monday reached 1.0756 just 8 pips short of that key target. EURUSD stalled the rally this week at the 38.2% retracement After a
© Reuters. The Bank of Japan (BOJ) has made a dovish adjustment to its Yield Curve Control (YCC) policy, leading to a weakened Japanese yen (JPY) against G-10 and Asian currencies. The adjustment has increased flexibility by placing a 1.0% upper end on the 10-year Japan Government Bonds (JGB) yield range as a reference rather
Japanese Yen Prices, – USD/JPY Charts and Analysis USD/JPY remains stuck just below 150.00. US/Japan rate differential contracts. US data will steer USD/JPY ahead of next week’s BoJ meeting. Recommended by Nick Cawley Get Your Free JPY Forecast The Bank of Japan gathers for a two-day meeting at the end of the month with markets
In this video, I outline the key technical levels in play for the EURUSD as we end one week, and look to the next. The bias is more to the downside, thanks to a run higher in the USD on Thursday in Friday. Today, the price moved into a swing area between 1.0483 and 1.0500.
EUR/USD and EUR/GBP Forecasts – Prices, Charts, and Analysis Learn How to Trade the Euro versus the US Dollar Recommended by Nick Cawley How to Trade EUR/USD Most Read – Euro Price Latest: EUR/USD Struggles Against a Robust US Dollar The Euro is holding tis own against a strong US dollar, aided by higher Euro
Share: GBP/JPY looking down a steep hill as the pair loses ground near 183.00. Data-packed economic calendar for the UK in the bottom half of next week. GBP struggles to find a floor on mixed UK data souring investor appetite. The GBP/JPY has struggled to develop meaningful momentum in recent weeks, and the
US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. Inflation measures since then showed further disinflation. The labour market displayed signs of softening although it remains fairly tight. Overall, the economic data
EURUSD was above it 200 hour moving average The EURUSD is now breaking above its 200-hour moving average at 1.10037. The 50% midpoint of the move down from last week’s high comes in at 1.1030 and is the next upside target. The high from last Friday and Monday came in near 1.1045. Those are also
Share: GBP/USD bears eye a 50% mean reversion if not the 61.8%ratio. The 4-hour W-formation neckline support has a confluence with the 78.6% Fibonacci. GBP/USD ended at around 1.2840 on Friday after reaching its lowest level since July 6 while investors remain concerned that the hawks will continue to circle over the Federal
