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Threatens

EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI

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EUR/USD OUTLOOK: EUR/USD rallies after German inflation numbers surprise to the upside Broad-based U.S. dollar weakness and risk-on sentiment also boost the euro This article looks at key technical levels to keep an eye on in the near term Recommended by Diego Colman Get Your Free EUR Forecast Most Read: USD/CAD at Risk of Breakdown …

EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI Read More »

EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout

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EUR/USD AND GBP/USD OUTLOOK: Euro and sterling begin the week on a positive note, bolstered by improving market sentiment U.S. dollar weakens amid lower safe-haven demand This article analyzes key EUR/USD and GBP/USD tech levels to watch in the near term Recommended by Diego Colman Forex for Beginners Most Read: Gold Prices Sink as Yields …

EUR/USD Bolts Toward Trendline Resistance, GBP/USD Threatens Bullish Breakout Read More »

EUR/USD Threatens Key Support, Double Top Pattern in Play as Bears Tighten Grip

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EUR/USD TECHNICAL OUTLOOK: Euro posts moderate losses on Wednesday amid broad-based U.S. dollar strength EUR/USD’s technical outlook could turn bearish if sellers validate a double top pattern This article looks at key levels to keep an eye on in the near term Recommended by Diego Colman Get Your Free EUR Forecast Most Read: S&P 500, …

EUR/USD Threatens Key Support, Double Top Pattern in Play as Bears Tighten Grip Read More »

British Pound Teeters on Brink of Bear Market as GBP/USD Threatens Support Breakout

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BRITISH POUND OUTLOOK: GBP/USD falls to its lowest level since 1985 before trimming some losses and stabilizing around the 1.1470 area The British pound maintains a bearish bias based on fundamentals and technicals This article looks at cable’s key technical levels to keep an eye on in the coming days and weeks Trade Smarter – …

British Pound Teeters on Brink of Bear Market as GBP/USD Threatens Support Breakout Read More »

US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets

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US Dollar, DXY, China, Australia, Covid Lockdowns, Energy, Technical Outlook – Talking Points US stocks fall overnight, setting the stage for APAC stocks to open lower Australia’s second-quarter GDP and China’s August trade balance due out DXY approaches the 2002 June high as RSI enters overbought conditions Wednesday’s Asia-Pacific Outlook US stocks fell overnight after …

US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets Read More »

USDJPY Threatens to Print New 24 Year High

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USD/JPY Analysis Jerome Powell’s hawkish Jackson Hole address reinvigorated the dollar Fundamentally, Fed and BoJ are moving further apart – yen remains vulnerable Risk Events: Fed and BoJ speeches, US consumer confidence and NFP data Hawkish Fed to Widen Interest Rate Differential Even Further Interest rate differentials play a major part in international capital flows …

USDJPY Threatens to Print New 24 Year High Read More »

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