Tag: Technical analysis
USDJPY Analysis: Will Momentum Continue Below 200-Hour MA?
The USDJPY pair is showing some positive signs for sellers based on technical analysis. The price failed to reach a topside trend line on the hourly chart, which is seen as a small negative....
AUDUSD Technical Analysis: Breakout or Fakeout Prediction | Forexlive
The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may be anticipating a Trump victory, which could explain the recent...
NZDUSD Technical Analysis: Bearish Momentum Stalls
The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its expectations for aggressive rate cuts and is now in line...
EURUSD Technical Analysis: Market Needs More for USD Gains | Forexlive
Yesterday, the US Dollar received a boost from a higher than expected US CPI report, but quickly lost those gains. This was due to the US Jobless Claims figures also being released, showing a...
NZDUSD Technical Analysis: Greenback Support Ahead of US CPI
The US Dollar saw a strong rally last Friday after a positive US NFP report, leading to a shift in market expectations regarding rate cuts. This week, the greenback continued to rise as the...
GBPUSD Price Action Analysis: US CPI Data Impact on Rangebound Trading | Forexlive
The USD saw a rise in value last Friday after a strong US NFP report. This caused the market to adjust its expectations for rate cuts, aligning more closely with the Fed's projections. Moving...
EUR/USD Weekly Forecast – Action Forex
EUR/USD has been on a downward trend recently, with a strong break of the 55-day EMA at 1.1031 indicating a reversal in the near term. This suggests that the currency pair may experience further...
USD/JPY Rally Resumes Ahead of US Nonfarm Payrolls Report
The USD/JPY pair has resumed its rally, breaking above the 145.00 resistance level. On the 4-hour chart, a bullish trend line is forming with support at 145.80. This indicates a positive momentum for the...
S&P 500 Technical Analysis: Growth Scare Fading | Forexlive
The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak US NFP report. This has led to a decrease in...
Enhancing Trading Strategies: Finding Excitement Beyond the Sidelines
I am being careful with risky investments right now, but I can see reasons to be hopeful. Firstly, the Federal Reserve has shown its support recently, which is a positive sign. Secondly, while there...