NEW YORK, Nov.
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Next Week’s Menu: June 15-21, 2024 June 14, 2024 Central Banks: Monetary policy reviews are scheduled in China, Australia, Great Britain, Switzerland, Norway, Moldova, Indonesia, Brazil and Georgia. Central Bank policy minutes will be published in Japan and Canada. Goolsbee, Harker, Barkin and Kuglar of the Fed and Nagel and Schnabel of the European Central…
Do you struggle to predict market reversals in forex trading? Many traders do, missing out on chances and making big mistakes. The forex market’s ups and downs can be too much, even for seasoned traders. That’s where the Reversal Navi and Prior Day Open Close Line strategy comes in. It uses technical analysis tools to…
The EUR/USD outlook remains supported as Eurozone PMI data showed contraction in manufacturing but resilience in services. Fed officials remain divided on further cuts, keeping dollar strength in play. Market focus turns to U.S. GDP and PCE inflation for direction in EUR/USD. The EUR/USD outlook remains steady near the 1.1800 handle on Tuesday after bouncing…
Key Highlights EUR/USD started a fresh decline from the 1.1920 resistance. A major bearish trend line is forming with resistance near 1.1750 on the 4-hour chart. GBP/USD also declined over 400 pips from the 1.3725 zone. USD/JPY rallied and traded closely to the 150.00 handle. EUR/USD Technical Analysis The Euro failed to stay above 1.1880…
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Equities and Dollar Unmoved by Fast-Approaching War Deadline April 21, 2026 The dollar rose 0.1-0.2% overnight. Equities in Asia closed up 2.7% in South Korea, 1.8% in Taiwan, 1.0% in India, and 0.9% in Japan and Singapore. In Indonesia where a 2-day monetary policy review began amid concerns about depleted international reserves, share prices bucked…