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Yen traders seem to be doing the work of the MOF for them - with another spike lower from the 160 handle on USD/JPY. With a clear lack of volatilty on the daily chart, do the MOF even have to intervene? Markets seem cautious for now and self correcting to a point. But a strong set of NFP figures could complicate things.
EUR/USD Outlook: Economic Jaws Continue to Open forex.com/en-us/news-and…
For now, momentum points higher on the daily chart as we head into Friday's Nonfarm Payrolls (NFP) report. Given the backdrop of shaky ceasefires and persistent inflationary pressures, I suspect the US dollar could remain bid into NFP, with traders favouring dips. Given that the jobs report has surprised to the upside over the past couple of months despite elevated inflation pressures, there is no guarantee it will miss expectations this time either. However, a weak set of NFP figures could topple the dollar as traders price out concerns over further Fed hikes, and that could help print a lower high beneath 100.50. US Dollar Outlook: USD Bulls Flex into NFP, AUD and NZD Slide forex.com/en-us/news-and…
Watch: #USDCAD looks to be heading to 1.4000
#Gold eyes potential breakdown below 200-day average More insights 👉 forex.com/en-us/news-and… Significant of 200-day discussed in this thread 👇
EUR/USD under pressure as dollar strengthens amid Middle East tensions and improvement in US data 👉 forex.com/en-us/news-and…
Before you trade the move, understand what’s driving it. Liquidity = how active the market is Volatility = how fast price moves They work together, and they can shape everything from entries to risk management. Simple concepts understood can make a big impact. 🙌
AUD/NZD, NZD/USD Forecast: Oil, Rates And Risk Appetite Back In Focus forex.com/en-us/news-and…
I see the potential for gold to bounce over the near term, and it made a decent attempt into Friday's close with a 2-day low-to-high range of 5.3%. But when I look at futures and options traders, my expectations for a runaway rally are brought back in line. Gold Outlook: Bulls Eye Rebound, Though Futures Exposure Remains Weak forex.com/en-us/news-and…
June 4th is one to watch. 👀 The Fed’s Beige Book is essentially a pulse check on the US economy. Markets move on expectations, and this report can help shape them.
Watch: #GOLD struggles as oil, dollar and yields all find support on renewed tensions in Middle East tensions. Can we see a breakdown in the metal?
📈📉DAILY MARKET VIDEO📈📉 🇮🇷 Trump "thinks" he will have an Iran deal "over the next week" 🇪🇺 Eurozone CPI has traders completely discounting an "insurance" hike from the ECB next week 🚀 Why the "extreme" rally in the $SPX could extend into next year👇
#DAX: German equities close in on record territory Everything you need to know 👉 forex.com/en-us/news-and…
Has the Next Leg of the AI Trade Arrived? forex.com/en-us/news-and… $HSTECH
USD/JPY Forecast: Payrolls Need to Crack Before the Bulls Blink forex.com/en-us/news-and…
GBP/AUD held support, probing trend resistance.
Interesting setup may be playing out on EUR/AUD. Similar to GBP/AUD - which rebounded yesterday - so maybe a step behind? Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/AUD forex.com/en-us/news-and…
Interesting setup may be playing out on EUR/AUD. Similar to GBP/AUD - which rebounded yesterday - so maybe a step behind? Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/AUD forex.com/en-us/news-and…
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Bitcoin Forecast: BTC/USD Slips Below $72K – More Pain to Come? forex.com/en-us/news-and…
The ascending triangle shows price compressing beneath resistance as buying pressure builds. Traders often watch for a break above resistance, followed by confirmation, to signal potential continuation.
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