After weeks of back and forth, GBPUSD finally breaks below crucial support levels, raising concerns of further downside movement next week. |
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2023-12-07
The AUDUSD has found support at a key swing target and is now seeing a bounce back, but faces resistance from moving averages. Buyers are making a play, but caution is advised with upcoming jobs report.
2023-11-30
After testing a key swing area, NZDUSD bounces back and aims for higher levels. The recent hawkish stance of RBNZ and a retreat from the 61.8% retracement level contribute to bullish sentiment.
2023-11-29
The USDJPY fell below the 100-day moving average for the first time since April 2023, reaching 146.66. Buyers returned as the price rose above the moving average, but breaking the 148.000 level is essential for a bullish trend.
2023-11-29
In this week’s Market Outlook with Exness, we are diving into Alibaba Group Holding Ltd’s stock, aka BABA stock. You’re in the right spot for key trading insights! 📈 We delve deep into the Alibaba stock chart, examining the significant 25% value drop since July. Is there a glimmer of hope on the horizon for BABA stock?
We’ll explore if the overall trend for Chinese shares could signal a recovery for BABA. 📊 Plus, we’ll assess the current demand outlook – is it truly neutral rather than negative?
Stay tuned as we closely monitor BABA’s potential bounce back and discuss how the upcoming NBS and Caixin PMI data could impact Alibaba’s future stock price.
2023-11-28
Here’s a quick technical analysis on the EURUSD pair with some fundamental background.
For more visit ForexLive.com
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