High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Category Archives: Forex News
Forex News
The kickstart video outlining the technicals driving the EURUSD, USDJPY & GBPUSD for Jan 7
07
Jan
Jan
The USD is mixed today with the greenback lower vs the EUR, GBP, CAD, AUD and NZD and higher vs the JPY and CHF. The biggest movers are the AUD (USD -0.53%) and the NZD (USD -0.57%). Yesterday, the USD was mostly lower after the market reacted to a report that Trump tariffs would be […]
07
Jan
Jan
Tesla Stock Pre-Market Analysis Price at the Time of Analysis: $402.77 Key Levels to Watch for Tesla Bullish Above $416.50 Why Bullish Above?A move above $416.50 puts the price above the Value Area Highs of today (so far), yesterday, and two days ago. This clearly marks the top of the range, and a breakout above […]
07
Jan
Jan
Ethereum Futures Analysis for Today Financial Instrument: Ethereum FuturesPrice at the Time of Analysis: 3,690 Key Levels to Watch in ETH Futures Bullish Above 3,733 Why Bullish Above?A move above 3,733 signals that the price has surpassed yesterday’s Value Area High (VAH), a critical resistance level. This breakout could indicate buyer strength and open the […]
07
Jan
Jan
UK construction activity slows to six-month low as house building keeps a drag on the overall sector. Total new work was seen rising at its slowest pace since June but at least business optimism picked up after hitting a 13-month low in November. S&P Global notes that: “December data highlighted a loss of momentum for […]
07
Jan
Jan
Prior +1.3%; revised to +1.2% This article was written by Justin Low at www.forexlive.com. Source link
07
Jan
Jan
USD/JPY has dribbled off its session high after verbal intervention remarks. Japan’s Finance Minister Katsunobu Kato reiterated concerns about speculative yen selling as the currency hit 158.40 per dollar. This is not far from 160, a level that triggered intervention six months ago. Speaking at a press conference, Kato emphasized that the government is alarmed […]
07
Jan
Jan
Japan finance minister Kato: Won’t comment on forex levels. Recently seeing one-sided, rapid moves. Important for currencies to move in a stable manner reflecting fundamentals. Alarmed over FX moves, including those driven by speculators. Will take appropriate action against excessive moves. more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
07
Jan
Jan
Justin had the bombshell German CPI data on Monday: Germany December preliminary CPI +2.6% vs +2.4% y/y expected For some context, it was at 2.7% back in September. Stagflation much? Ugh. To emphasize the jump in inflation, Spain’s December CPI also came in faster-than-expected price at 2.8% (2.6% expected) This is going to cast doubt […]
07
Jan
Jan
Crude oil futures are settling at $73.56 which is down -$0.40 or -0.54%. The high price today reached $74.96. That high was within shouting distance of the falling 200-day moving average is $75.34 ($0.38). The price has not traded above the 200-day average since October 8 (the break above that MA failed on that day). […]