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AUD/USD Rate Eyes September Low with US NFP Report on Tap

Posted by By 07/10/2022Posted inForex
AUD/USD may fail to defend the September low (0.6363) as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.
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USD/JPY Above 145 to Test MOF, BoJ’s Mettle After Yield Surge Charges the US Dollar

Posted by By 06/10/2022Posted inForex
USD/JPY is above the 145—“line in the sand”—level, which puts Japan’s Ministry of Finance and Bank of Japan up against short traders. Asia-Pacific markets look set to close the week…
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Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA

Posted by By 06/10/2022Posted inForex
The price of oil may mirror the price action from August if crude struggles to hold above the 50-Day SMA ($88.08).
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S&P 500, Dow and Nasdaq Under Pressure, USD Stands Tall as Sentiment Sours

Posted by By 06/10/2022Posted inForex
Major U.S. stock indices end in negative territory as investors focus on gloomy economic outlook amid high inflation and worries about further rate hikes
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British Pound Technical Analysis: EUR/GBP, GBP/JPY, GBP/USD Rates Outlook

Posted by By 06/10/2022Posted inForex
The British Pound is losing momentum quickly once again.
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Euro Slumps as US Dollar Regains Momentum Ahead of NFP. Is EUR/USD in Peril?

Posted by By 06/10/2022Posted inForex
The euro weakens sharply on Thursday, undermined by broad-based U.S. dollar bullish momentum amid rising U.S. Treasury yields ahead of the September U.S. employment report.
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Nasdaq 100 Turns Cautious Ahead of Key September NFP Report

Posted by By 06/10/2022Posted inForex
Equities are in retreat Friday as US Treasury yields continue to push higher. NFPs eyed.
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Will the 2022 Stock Market’s Performance Influence the US Midterm Elections?

Posted by By 06/10/2022Posted inForex
The performance of US equity markets during a midterm election year does not appear to influence the outcome at the polls, based on data going back to 1946.
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Gold Price Short-term Outlook: Gold Threatens Breakout of 2022 Downtrend

Posted by By 06/10/2022Posted inForex
Gold prices surged more than 7% off the yearly lows with XAU/USD now threatening a breakout of the yearly trend. Levels that matter on the short-term technical charts.
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Dax Bounce Softens After Testing Big Resistance – US NFP’s Ahead

Posted by By 06/10/2022Posted inForex
European equities continue to face big zones of resistance that has limited the rebound in DAX. With US NFP data on the horizon, Germany 40 still has some tough levels…
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