⤵️ EURAUD) ifberakout) bearish) analysis)⤵️⤵️hello trader’s what do you think about Euraud)?
The Australian and New Zealand dollars rested near five-month peaks on Friday and bonds extended their blistering rally as a surprisingly soft reading on U.S. inflation stoked wagers for rapid-fire rate cuts globally next year.
The Aussie crested at $0.6803
AUDUSD
, having climbed 1% the previous session to clear the $0.6800 barrier for the first time since late July. The break opened the way to the next bull target at the double top of $0.6895/6900.
The kiwi dollar reached $0.6298
NZDUSD
after rising 0.7% on Thursday, taking it closer to the July top of $0.6412.
Risk appetite was whetted by an unexpected downward revision to the U.S. third-quarter core personal consumption expenditures (PCE) price index to an annualised 2.0%, matching the Federal Reserve's target.
That stirred speculation the November reading of core PCE inflation due later Friday would also surprise on the downside, leading futures to imply an 82% chance the Fed would cut rates as soon as March. (FEDWATCH)
Markets, in turn, ramped up expectations for local easing with futures now fully priced for a June rate cut by the Reserve Bank of Australia (RBA), even though the central bank still has a tightening bias. (0#RBAWATCH)
The Reserve Bank of New Zealand (RBNZ) is now seen certain to ease in May, when it recently warned that no cuts were possible until 2025. (0#RBNZWATCH)
Australia's November consumer price measure is not due until the end of January but again analysts see risks to the downside.
"We expect annual growth in the monthly CPI indicator to slow to 4.1% y/y in November from 4.9% y/y in October," said Catherine Birch, a senior economist at ANZ. "This would be the weakest annual inflation on the monthly measure since January 2022."
"We expect inflation, on a quarter-on-quarter basis, to be annualising within the RBA's 2-3% target band in the second half of 2024."
Bond markets are acting like all this is a done deal and have taken three-year yields (AU3YT=RR) down to its lowest since early June at 3.667%. That breached a major chart barrier at 3.69% and was a world away from a 4.48% top hit in November.
Yields on 10-year bonds
AU10Y
fell to a four-month trough of 4.04%, down from its November peak of 4.999%.
In New Zealand, the key two-year swap rate (NZDSM3NB2Y=) hit its lowest since February at 4.680%, opening a huge gap to the overnight cash rate of 5.5%.
Erousd
EUR/USD Daily Chart Analysis For Week of Dec 1, 2023Technical Analysis and Outlook:
After completing our designated Inner Currency Rally 1.099 target this week's session, the Eurodollar performed as flagged in our EUR/USD Daily Chart Analysis for Nov 24 by dropping it to a primary pivotal squeeze to Mean Sup 1.087. The current price action suggests a dead-cat bounce to Mean Res 1.092 with a potential rise to retest the completed Inner Currency Rally 1.099 with a follow-through squeeze.
EUR/USD Daily Chart Analysis For Week of September 29, 2023Technical Analysis and Outlook:
The Eurodollar has successfully reached our predicted Next Outer Currency Dip of 1.050 and has since rebounded strongly to retest the previously achieved Outer Currency Dip of 1.062, which is now considered a new resistance point. It is possible that the trading zone may continue to rise. The next target for a decrease is the retest of the Mean Sup and Outer Currency Dip of 1.050.
EUR/USD Daily Chart Analysis For Week of September 8, 2023Technical Analysis and Outlook:
The Eurodollar drifted lower in this week's trading, completing our Outer Currency Dip of 1.070. The continuation to the extension of the Pivotal Down targets 1.062 and 1.050 is in progress; however, an intermediate rebound Retest to Mean Res 1.080 is possible.
CELOUSDT_Daily 4.5.2022Hello Friends...
The new analys...
analysis of CELOUSDT..
You can see the chart I marked the important areas
And I also specified two price targets...
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📅 04.05.2022
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BTC_Daily 29-3-2022Hello Friends...
Now we have analysis of BTCUSDT
now Price near resistance ( 48060 to 48525 )
If broken, it will go up to the range of 52,200
If not, it will return to support 45390 to 45730
And I think it will not go below 45,000 . This is a hypothesis
👤: @Mohamadhjz
📅29.March.2022
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SOLUSDT_Daily_2.15.22Hello dear friends, I hope you are well
We have Sol currency analysis and you can see that according to our analysis
May you be saved😁😁
🚩What does the flag say in the photo?
Here, the percentage of getting here and dropping is very, very high because the cluster
👤Mohamadhjz : @Mohamadhjz
📅15.Feb.22
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SOLUSDT_Daily_2.9.22Hello dear friends, I hope you are well
We have Solano analysis in daily time frame
As you can see, it could not break the specified resistance level
Decreases to the specified support range
These are all possibilities and unpredictable markets but these two scenarios exist
👤Mohamadhjz : @Mohamadhjz
📅 09.Feb.22
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ADA-4H_2.15.22Hello dear friends, I hope you are well
We have AdA currency analysis in 4 hours
You can see previous analysis, which was in one-day timeframe
👤Mohamadhjz : @Mohamadhjz
📅15.Feb.22
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ADA-Daily_2.8.22Hello dear friends, I hope you are well
Here we have Ada analysis in one day time frame
Supported at the level of 1 dollar and above the channel, as you can see, we have a downside channel
We have a bearish channel here that is likely to hit the ceiling of the channel and the price will fall again
But it is likely that this channel will break and reach the level of 1.6
I hope this analysis is useful for you, please follow me
SUSHIUSDT_Daily_2.11.22Hello dear friends, I hope you are well
We have SHUSHIUSDT currency analysis in daily time frame
We have 3 scenarios for this currency
1-Break the marked yellow area and hit the trend line
2-Or it falls below the marked blue range and has more fall
3-Or continued the side way...
Write your comments to me and it is important
👤Mohamadhjz : @Mohamadhjz
📅11.Feb.22
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MATICUSDT_Daily_ 2.9.22Hello dear friends, I hope you are well
You see MATIC currency analysis
What do you think??
The image says it all and does not need to be explained
👤Mohamadhjz : @Mohamadhjz
📅 09.Feb.22
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ENJUSDT_Daily_ 2.9.22Hello dear friends, I hope you are well
We have ENJ currency analysis in daily timeframe
The photo shows everything. If you have a question, you can ask. I will answer
If there is a problem with the analysis, please tell us so that it can be fixed
Resistant:2.07_2.25
Suport:1.20_1.43
👤Mohamadhjz : @Mohamadhjz
📅 09.Feb.22
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XRPUSDT_Daily_2.8.22Hello dear friends, I hope you are well
We have Ripple currency analysis in daily time frame..
I'm here for Ripple to consider three scenarios that you can see in the picture.
Definitely the picture says it all...
If there is a problem, be sure to tell me so that it can be fixed. I will be very happy
👤Mohamadhjz : @Mohamadhjz
📅 08.Feb.22
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BTC_Daily_2.8.22
Hello dear friends, I hope you are well
This is a delivery of bitcoins in daily timeframes
The picture shows everything. If you have any questions, be sure to comment on the analysis. Your answer will definitely be given.
👤Mohamadhjz : @Mohamadhjz
📅 08.Feb.22
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