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Read more about the article USD/JPY Price Challenges Key Supply Zone Ahead of FOMC

USD/JPY Price Challenges Key Supply Zone Ahead of FOMC

  • Post author:admin
  • Post published:January 3, 2024
  • Post category:news
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Confirmation of its breakout activates an upward continuation. Removing the middle line (ml) confirms higher growth. The minutes of the FOMC meeting today should be decisive. USD/JPI is trading at…

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Read more about the article CAD Slips on Weak Factory Activity

CAD Slips on Weak Factory Activity

  • Post author:admin
  • Post published:January 3, 2024
  • Post category:news
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The loonie weakened on weak Canadian factory activity. Market expectations for a Fed rate cut in 2024 have been reduced. Oil prices fell due to interest rate fears and reduced…

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Read more about the article Gold Price Retraces to Demand Zone as Dollar Probes Recovery

Gold Price Retraces to Demand Zone as Dollar Probes Recovery

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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The bias is bullish as long as it is above the lower median line. American data could be decisive tomorrow. A new higher high activates further growth. The price of…

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Read more about the article AUD/USD Outlook: Dollar Strengthens Ahead of Key Data

AUD/USD Outlook: Dollar Strengthens Ahead of Key Data

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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Markets await data from the US this week. Australian house prices rose last year, rebounding significantly from a 5% fall in 2022. RBA raised rates in November last year by…

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Read more about the article GBP/USD Price Analysis: Pound Weakens After 2023’s 5% Surge

GBP/USD Price Analysis: Pound Weakens After 2023’s 5% Surge

  • Post author:admin
  • Post published:January 2, 2024
  • Post category:news
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Last year, the pound had its strongest performance since 2017, rising 5%. Sticky inflation has forced the Bank of England to delay monetary easing compared to its peers. Markets expect…

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Read more about the article GBP/USD Weekly Forecast: Dollar Falls as Inflation Eases

GBP/USD Weekly Forecast: Dollar Falls as Inflation Eases

  • Post author:admin
  • Post published:December 23, 2023
  • Post category:news
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The data showed that annual inflation in the US fell further below 3% in November. Thursday's figures reveal a worsening of the UK's budget situation. UK inflation was lower than…

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Read more about the article USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears

USD/CAD Weekly Forecast: BoC-Fed Divergence Favors Bears

  • Post author:admin
  • Post published:December 23, 2023
  • Post category:news
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Canada's economy experienced a third consecutive month of underperformance. The annual inflation rate in Canada remained at 3.1% in November. US prices saw their first decline in more than 3…

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Read more about the article USD/JPY Price Analysis: Investors on Edge Ahead of US Inflation

USD/JPY Price Analysis: Investors on Edge Ahead of US Inflation

  • Post author:admin
  • Post published:December 22, 2023
  • Post category:news
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The US inflation scenario is now leaning towards lower levels. The dollar index is poised for a weekly loss of approximately 0.73%. The data revealed a 2.5% year-on-year increase in…

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Read more about the article USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

  • Post author:admin
  • Post published:December 22, 2023
  • Post category:news
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Investors brace for key US spending data. A rebound in US stocks supported the Canadian dollar on Thursday. Canadian retail sales rose 0.7% in October compared to September. A bearish…

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Read more about the article Gold Price Forms a Bullish Flag, All Eyes on US GDP Data

Gold Price Forms a Bullish Flag, All Eyes on US GDP Data

  • Post author:admin
  • Post published:December 21, 2023
  • Post category:news
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Data for the US and Canada should move the rate today. A new higher high activates further growth. The bias remains bullish as long as it is above the lower…

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