Category Archive: 4) FX Trends
Kickstart the trading day for May 28 w/a technical look at the EURUSD, USDJPY and GBPUSD.
The USD is lower with the EURUSD and GBPUSD stretching to the upside in early US trading
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The Greenback is Mostly Softer
Overview: The dollar initially extended its
pre-weekend and yesterday's heavier tone before finding a better bid in the
European morning. Still, as North American dealers return to their posts the
dollar is still mostly softer against the G10 currencies, but it is little
changed to slightly firmer against the Japanese yen. Most emerging market
currencies are firmer, but the South African rand is softer ahead of their
election, the Mexican peso is...
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USDJPY Technical Analysis – The bullish bias remains intact
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:45 Technical Analysis with Optimal Entries.
2:01 Upcoming Economic Data....
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Holiday Overview: The State of Play
FX: The dollar
traded mostly higher last week. I suspect more near-term gains, but
I am less convinced than I was a week ago. Given the FOMC minutes
and more recent commentary from Fed officials, I suspect the market is
exaggerating the chances of two cuts this year. That had been my
leaning too, but I think the recent resilience of the labor market and
sticky inflation has shifted the views at the Fed. The...
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EURUSD Technical Analysis
#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:35 Technical Analysis with Optimal Entries.
2:00 Upcoming Economic Data....
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Week Ahead: Near-Term Dollar Outlook Less Clear than a Week Ago
Stronger than expected data and hawkish FOMC minutes helped lift US
rates and the greenback last week. That market continues to also reduce the
extend of ECB easing this year is notable but did not prevent the euro from
snapping a five-week advance. The 10-year Japanese government bond yield rose
above 1% last week for the first time since 2012, but the US dollar traded above JPY157 for the first time since the BOJ is believed to have intervened...
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The USDCHF is higher on the week but moved to an old ceiling and stalled. What next?
The USDCHF moved to the high of an old ceiling at 0.9156, but stalled. Sellers leaned. However, close support comes in at 0.9133 (a retracement). Those levels will be close support and resistance to start the new trading week.
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The EURUSD has rotated higher into the week close. What next? Can the buyers keep control?
The EURUSD is above its 100/200 hour MAs. Those MAs are a key barometer area today and going into the new trading week
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Calmer Markets Ahead of the Weekend
Overview: The dollar is paring yesterday's advance that was
spurred by the rise in US rates following the preliminary PMI, which reached its
best level in two years. The survey also picked up higher prices. The dollar is
in narrow trading ranges but softer against nearly all the G10 currencies today. The
Swiss franc and Japanese yen are laggards. Despite a large disappointing miss
on UK retail sales, sterling has steadied after falling yesterday...
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After Hawkish FOMC Minutes, the Dollar Comes Back Softer
Overview: The dollar was aided yesterday
by the hawkish FOMC minutes and the backing up of US rates. The greenback has
stabilized today and is softer against all the G10 currencies. The stronger eurozone PMI masks
divergence between Germany and France but keeps the recovery narrative intact. The
dollar's broad gains pressured the yuan, and the PBOC's dollar reference rate
was set at its highest since January. Favorable guidance by Nvidia is...
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USDJPY Technical Analysis – The path of least resistance remains to the upside
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
0:38 Technical Analysis with Optimal Entries.
1:54 Upcoming Economic Data....
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Yen on the edge | GBPJPY market dynamics | Market Outlook with Exness
By: Stanislav Bernukhov
In this week's Exness Market Outlook we dissect the GBPJPY's precarious stance on the forex ice. Are we on the verge of a Yen resurgence? Our analysis takes a deep look at the latest technical signals, including the intriguing story the RSI Indicator is telling about possible oversold conditions.
With Japanese bond yields nearing a crucial 1% mark, we explore the implications for carry trades and how this could bolster the...
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