Momentum

[ad_1] Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky How to Trade AUD/USD AUD/USD – Daily Chart Recent performance in the Australian Dollar against the US Dollar and Japanese Yen is setting up an interesting technical landscape. On the daily chart below, AUD/USD surged on Thursday, leaving behind a Bullish Engulfing

[ad_1] Bitcoin (BTC) and Ethereum (ETH) Prices, Charts, and Analysis: Bitcoin is rallying ahead of Wednesday’s FOMC meeting. Open interest is moving higher. Learn How toTrade Cryptocurrencies Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading Bitcoin is back above $27k today as open interest in the largest cryptocurrency by market cap continues

[ad_1] Share: Kiwi holding near the middle, set to finish Friday near where it started. Market flows are firmly in the hands of the US Dollar. Risk sentiment getting limited knock-on positive support from upbeat China outlook. The NZD/USD is set to finish Friday on a slight downstep, trading into the 0.5900 level and

[ad_1] Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nikkei 225, Nasdaq 100 Analysis and Charts Dow struggles to push higher ​The index has spent the week trying to break higher, but gains above 34,700 have proven impossible to sustain. ​For the moment, while the buyers have not been able to seize control,

[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

[ad_1] USD/CAD Analysis Slowing Economy Weighs on Future Monetary Policy Guidance The surprise economic contraction experienced in Q2 reflects the tightening of financial conditions in Canada as a result of historically fast acceleration in the benchmark interest rate. Q2 revealed declining growth which, when annualized as a percentage, represents a yearly decline of 0.2%. However,

[ad_1] Japanese Yen, USD/JPY, EUR/JPY – Technical Update: Will the Japanese Yen hold its ground at resistance? USD/JPY is struggling as momentum is fading EUR/JPY eyeing imminent Rising Wedge breakout Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The US Dollar continues struggling to make further upside progress against the Japanese Yen. Resistance has

[ad_1] Canadian Dollar, USD/CAD, Hanging Man – Technical Update: Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar has been losing ground to the US Dollar of late, but a closer look at USD/CAD shows that the near-term uptrend might be losing momentum. On the daily chart below, we can see that

[ad_1] Australian central bank leaders believe that higher interest rates and rising costs of living will continue to put unprecedented pressure on households and, as a result, on consumption, while per capita output will decline in the second half of the year. Whether there will be more rate hikes this year will depend on data

[ad_1] Share: US crude oil benchmark, WTI, rises for the third consecutive day, trading at $83.48, up by 0.80%. Oil demand is predicted to grow by 2.25 million bpd in 2024, down from 2024’s 2.44 million bpd, according to OPEC+. Weakness in China’s economy could dent oil demand. Western Texas Intermediate (WTI), the