USD Price Forecast: DXY Resistance Re-Test
The U.S. dollar is trading at a key area of confluence in what is a quiet trading week ahead of the FOMC and US CPI.
The U.S. dollar is trading at a key area of confluence in what is a quiet trading week ahead of the FOMC and US CPI.
US Dollar, DXY, Debt Ceiling Deal Bets, Jobless Claims – Briefing: US Dollar on course for best 2-week gain since September Debt ceiling deal bets, jobless claims data boosted demand DXY uptrend in focus after 100-day SMA was taken out Recommended by Daniel Dubrovsky Get Your Free USD Forecast US Dollar Back in the Spotlight …
US Dollar Eyeing Best 2-Week Performance Since September, Eyes on Resistance Read More »
US Dollar (DXY) Analysis US dollar basket turns at significant long-term level after yesterday’s surge DXY tests channel resistance as we head into the weekend with the debt ceiling issue still unresolved The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education …
US DOLLAR AND NASDAQ 100 OUTLOOK: The U.S. dollar, as measured by the DXY index, loses ground on Monday, despite the rally in U.S. yields Meanwhile, the Nasdaq 100 posts moderate losses after failing to clear technical resistance AT 13,370 The U.S. debt ceiling drama and the April inflation report will take the spotlight this …
US Dollar Slips Ahead of US CPI Data, Nasdaq 100 Stalls at Resistance as Bulls Bail Read More »
Recommended by Diego Colman Get Your Free JPY Forecast USD/JPY TECHNICAL ANALYSIS USD/JPY posted heavy losses on Thursday, down about 0.5% in afternoon trading, one day after the Federal Reserve flagged a possible rate hike pause following 500 basis points of cumulative tightening since March 2022. Risk aversion also appeared to benefit the Japanese yen, …
USD/JPY Loses Altitude and Sinks to Support, AUD/USD Defies Ironclad Resistance Read More »
USD/JPY TECHNICAL ANALYSIS The U.S. dollar rallied at the start of the week, bolstered by surging U.S. Treasury yields following the release of the U.S. ISM manufacturing report, which showed a jump in the employment and prices paid components of the survey. In this context, USD/JPY advanced more than 0.8% to ~137.40 in afternoon trading, …
USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200 Read More »
USD/CAD AND USD/JPY FORECAST: USD/CAD wavers after reaching a key technical resistance region, with bulls and bears fighting for control of the market USD/JPY heads lower and challenges trendline support as sellers eye a possible breakdown This article looks at key technical levels to keep an eye on in the coming days Most Read: Gold …
USD/CAD Wavers at Fibonacci Resistance as USD/JPY Makes Move on Trendline Support Read More »
USD/CAD TECHNICAL FORECAST: USD/CAD begins the week on a positive note, though gains are limited Despite subdued price action on Monday, technical signals continue to improve for the U.S. dollar This article looks at key tech levels worth watching on USD/CAD in the coming days Recommended by Diego Colman Get Your Free USD Forecast Most …
USD/CAD Eyes Fib Resistance as Bulls Regain Upper Hand Read More »
GBP/USD AND USD/JPY TECHNICAL OUTLOOK GBP/USD rises, but bullish momentum appears to be waning as prices probe key cluster resistance region USD/JPY extends its advance after breaking above its 50-day moving average This article looks at key technical levels to watch in the coming days and weeks Most Read: USD/CAD Rises on Oil’s Slump, Nasdaq …
GBP/USD Capped by Cluster Resistance, USD/JPY Blasts Off after Bullish Breakout Read More »
GOLD AND OIL TECHNICAL OUTLOOK: Gold prices retreat and probe technical support area near $2,000 as the U.S. dollar extends recovery that began last Friday Rising U.S. Treasury yields also exert downward pressure on precious metals Meanwhile, oil prices sink after failing to break cluster resistance near $83.50 Recommended by Diego Colman Get Your Free …
Gold Prices Slip as US Dollar Regains Vigor, Oil Repelled by Cluster Resistance Read More »
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