Israel Defense minister: Pause in military action is a short pause

The pause in the war in the Gaza/Isreal has paused as hostage exchange started today. However, the Israel defense minister says the pause will be a short pause, and that the full military force will resume operation.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

MUFG trade of the week: Short USD/JPY

weekly USDJPY MUFG Research added a short USD/JPY position (spot ref: 149:60) to its TOTW portfolio. The trade has a target at 143.00, and a stop at 152.10. “We want to maintain some exposure to a further weakening of the US dollar and believe long JPY may be the best way for that right now,”

MUFG trade of the week: Going short USD/MXN, and short USD/SEK

USDMXN daily MUFG Research added 2 new trades to its TOTW portfolio. Short USD/MXN – (spot ref @ 17.400), Target @ 16.900 & Stop @ 17.800 and Short USD/SEK – (spot ref @ 10.980,) Target @ 10.650 & Stop @ 11.200. “We are recommending a new short USD/MXN trade idea. While the pair has already

Euro Technical Outlook – Trend Break Might be Short Lived for EUR/USD

Euro, EUR/USD, US Dollar, Trend Breakout, Candlestick, Bollinger Band – Talking Points Euro bulls were rewarded earlier this week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel McCarthy

US Data will Test Short Term Direction

Article by IG Senior Market Analyst Shaun Murison USD/ZAR Key Takeaways: 1. The recent recovery of the Rand against the US Dollar is primarily due to the weakening of the dollar rather than the strengthening of the Rand itself. 2. The US Dollar is currently underperforming against various currencies, following remarks from Federal Reserve officials

Short USD/ZAR: Top Trade Opportunities

The South African rand has had a tumultuous period throughout Q3 2023 but ultimately trades roughly around the same levels against the USD as it did at the beginning of Q3. Central bank nuances shaped the way while global economic growth concerns did not do the rand any favors. As we head into Q4, these

Goldman Sachs: The rationale For staying short EUR/CAD targeting 1.42

EURCAD daily Goldman Sachs maintains its recommendation for a short position in EUR/CAD with a target of 1.42 and a stop at 1.50. The rationale behind this trade is largely based on the resilience of the U.S. economy and the potential for upside in the Bank of Canada’s monetary policy. Key Points: Strategic Focus: Goldman