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Australian Dollar Looks Past Jobs Report as Doji Emerges, Will AUD/USD Reverse?

Posted by By 17/11/2022Posted inForex
AUD/USD looked past a solid October Australian jobs report. Sentiment remains a key driver for the Australian Dollar after a Doji candlestick showed signs of indecision.
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S&P 500 Retreats to Key Support Following Retail Sales Data

Posted by By 16/11/2022Posted inForex
Retail sales data and weak guidance from Target takes the S&P 500 back below 4000.
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Dax, FTSE Step Back After UK Inflation Hits Highest Level Since 1981

Posted by By 16/11/2022Posted inForex
Dax & FTSE have been trading higher as US inflation data makes a softer than expected landing. But, with UK inflation rising to 11.1% (YoY), equities have taken a step…
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Euro Technical Forecast: EUR/USD Breakout Faces 1.05

Posted by By 16/11/2022Posted inForex
Euro surged nearly 10% off the yearly low with a breakout of the 2022 downtrend now approaching key hurdles. Levels that matter on the EUR/USD weekly technical chart.
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Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD

Posted by By 16/11/2022Posted inForex
CAD/JPY broke down and EUR/CAD broke out, but USD/CAD sits on a key spot of support taken from prior resistance that bears have not been able to break through.
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US Retail Sales Jump in Sign of Consumer Resilience, but Fail to Boost the Dollar

Posted by By 16/11/2022Posted inForex
October retail sales surged 1.3% versus 1.0% expected, a sign that the U.S. consumer remains resilient and that the Fed has more work to do to slow demand.
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Gold Price Approaching an Important Set of Levels

Posted by By 16/11/2022Posted inForex
Gold is running towards a big set of confluent resistance via the 200-day MA and a high created back in August.
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US Dollar (DXY) Technical Outlook Remains Weak Going Forward

Posted by By 16/11/2022Posted inForex
The recent US dollar sell-off continues with the greenback nearing a fresh three-month low.
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USD/JPY Update: Price Remains Below 100-Day MA Keeping Downside Risk in Play

Posted by By 16/11/2022Posted inForex
The Yen has failed to capitalize on recent dollar weakness as lackluster data and geopolitical tensions cap gains.
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EUR/USD Latest: EURUSD Resilient Ahead of Inflation Print, NATO Meeting

Posted by By 16/11/2022Posted inForex
EUR/USD attempts another move higher after yesterday’s late selloff on conflict fears. A fair amount of central bankers on the docket today with US retail sales
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