EUR/USD, USD/JPY, AUD/USD Price Forecast Today: Euro, Yen, Dollar Technical Analysis

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The Consumer Price Index (CPI) increased by 0.2% in February month-on-month, below economists’ expectations of 0.3% uptick and slower than January’s 0.5% rise, according to data released by the U.S. Bureau of Labor Statistics. Headline annual inflation eased to 2.8% from 3.0% in the prior month. Key Points: Headline CPI fell from 2.8% to 3.8%…

The NZD/USD pair gathers strength to near 0.5910 during the Asian trading hours on Friday. The potential upside might be limited amid the ongoing conflict in the Middle East. The US employment report for February will be the highlight later on Friday.  Iran has retaliated by firing missiles and drones across the Gulf region, striking…

Hello everyone! In today’s article, we’ll examine the recent performance of Consumer Discretionary ETF ($XLY) through the lens of Elliott Wave Theory. We’ll review how the rally from the August 065 2024, low unfolded as a 5-wave impulse and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse Structure…