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1 Minute

Forex

USD/CHF RESUMES ITS DOWNTREND AND HITS FRESH WEEK LOWS BELOW 0.9245

Steve Walker 29 grudnia, 2022 0 Comment

Dollar plunges 0.5% on the day to test a weekly low at 0.92 5. US Treasuries fall on negative market sentiment. Concerns over rising cases of COVID-19 raise doubts about China’s economic recovery. The...

2 Minutes

Forex

AUD/USD Forecast: Threatens to Break Down

Steve Walker 17 grudnia, 2022 0 Comment

The 200-day EMA also seems to be offering some resistance, so it all ties up quite nicely. Whether that’s true or not is another question entirely, but I think it’s at least worth further...

2 Minutes

Forex

USD/INR Forecast: Continues to Threaten Resistance

Steve Walker 10 grudnia, 2022 0 Comment

The US dollar should strengthen if there is fear, but if we start to see the Federal Reserve indicating that it may weaken, we will see this market lower. , USD/INR rallied slightly during...

3 Minutes

Forex

Dollar drops on Friday

Steve Walker 2 października, 2022 0 Comment

Sterling and the euro rose to fresh weekly highs on Friday, supported by the Bank of England’s calming market action and hawkish signals from the European Central Bank. The British currency was approaching its...

1 Minute

Forex

DOLLAR STRENGTH COULD CONTINUE INTO THE EARLY PART OF 2023 – WELLS FARGO

Steve Walker 25 września, 2022 0 Comment

According to analysts at Wells Fargo, the strength of the US dollar could persist more than previously estimated after the events of this week that includes rate hikes from many central banks and the...

0 Minutes

Forex

GBP/USD Forecast: Continues to Drift Ever so Lower

Steve Walker 31 sierpnia, 2022 0 Comment

This is a market that I think if you are patient enough, you should have plenty of opportunities to take advantage of the overall trend. The GBP/USD has drifted lower again during the trading session on...

1 Minute

Forex

Gold Technical Analysis: Price is Heading Towards Buying

Steve Walker 30 sierpnia, 2022 0 Comment

Gold futures snapped a three-session winning streak on Friday, despite a weaker dollar. Investors are watching developments at the annual Jackson Hole Economic Symposium, expecting the event to provide guidance on monetary policy. The price of...

2 Minutes

Forex

Gold Forecast: Looking at Noisy Behavior

Steve Walker 22 sierpnia, 2022 0 Comment

Spot gold markets have fallen roughly ½% for the trading session on Friday, as we are threatening the $1750 level. The market is likely to continue to see a lot of noisy behavior. Need to be...

0 Minutes

Forex

USD/JPY Forecast: Threatening a Major Breakout

Steve Walker 19 sierpnia, 2022 0 Comment

It looks like we are threatening a major breakout. The US dollar has rallied during early trading on Wednesday to reach the 50 Day EMA against its Japanese counterparts. Because of this, it looks like...

2 Minutes

Forex

FOREX TODAY: DOLLAR GAINS TRACTION AS MOOD SOURS AHEAD OF PMI DATA

Steve Walker 22 lipca, 2022 0 Comment

Here is what you need to know on Friday, July 22: Although the euro gathered strength following the European Central Bank’s (ECB) decision to hike its key rates by 50 basis points, it lost...