Rand prices strengthened in early trade but cautiously await the NFP report as a gauge to what the Fed may do regarding their interest rate cycle. لینک منبع : هوشمند نیوز
Key Takeaways: The South African rand has weakened due to both domestic and international factors. The South African Reserve Bank will not intervene to counter the recent depreciation of the rand. The US dollar has gained strength due to evidence of a tighter labor market, suggesting potential wage inflation and a more hawkish Federal Reserve.
South Korea Consumer Price Index Growth (MoM) above expectations (0.3%) in September: Actual (0.6%) لینک منبع : هوشمند نیوز
The Hammer The hammer price action pattern is a bullish signal that signifies a higher probability of the market moving higher than lower and is used primarily in up-trending markets. Here is an example of what a hammer candle looks like:
Euro Price Setups: EUR/USD, EUR/GBP, EUR/JPY EU PMI data shows modest improvement but demand hampers growth EUR/USD: Treasury yields outpace Bund yields, ECB more likely to have peaked EUR/GBP: Mean reversion in focus as bullish potential fades EUR/JPY: FX intervention speculation stokes yen volatility The new quarter brings new possibilities for the euro. Find out
The pound weakened against the USD after US Treasury yields rallied coupled with some hawkish Fed speak which will continue today. لینک منبع : هوشمند نیوز
Share: OPEC countries’ new strategy is driving up Oil prices. Economists at Natixis analyze the big difference between the effects of high Oil prices on the US and the Eurozone. The Eurozone is getting poorer relative to the US The new strategy of the OPEC countries, with their production cuts, will result in
Gold, XAU/USD, Silver, XAG/USD – Outlook: Next support for gold: 1805, 1785, 1720. Bearish head and shoulders pattern triggers in silver. What is the outlook and the key levels to watch? For a detailed discussion on the fundamental and technical outlook on precious metals download DailyFX’s fourth quarter trading guide. It’s free! Recommended by Manish
Bitcoin, BTC/USD, Ethereum, ETH/USD – Price Action: Bitcoin and Ethereum have cleared above minor resistance. Important for BTC/USD and ETH/USD to sustain gains if the rebound is for real. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast BITCOIN: Takes on
Share: EUR/USD fails to attract any follow-through buying and oscillates in a range on Friday. Bets that any further ECB rate hikes may be off the table act as a headwind for the Euro. The prospects for further policy tightening by the Fed underpins the USD and cap gains. Traders now look to
