Aussie Dollar, NZ Dollar AnalysisPoor Chinese data and reports of further lockdowns in Shanghai weigh on AUD,NZDAUD/USD and NZD/USD risk further depreciation as key levels of support some into playUS dominated risk events...
- Reviewed by James Stanley, Nov. 24, 2021Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets...
Japanese Yen (USD/JPY) AnalysisOfficial data shows Japan’s falling dollar reserves may limit effectiveness of FX interventions. Yen at crucial 145 levelPossibility that the NFP data could dovetail with the decline in the JOLTS...
S&P 500 (ES1!) AnalysisLarge moves to the upside during a market downturn aren’t exactly out of the ordinaryS&P 500 consolidates at first real test of resistance. Morning star on the 4-hour chart hints...
US Dollar (DXY) AnalysisMarkets appear to be speculating on a stalling Fed in light of recent US dataDXY faces sizeable support as selling pressure appears to be dissipating. Bullish and bearish scenarios assessed...
EUR/USD News and AnalysisEuro benefits from softer dollar, improved risk sentiment and GBP recoveryEUR/USD technical hurdles that need to be overcome for bullish narrative to take hold. Longer-term outlook remains bearishRisk Events: US...
