Overall, EUR/JPY is ranging across. Recently, EUR/JPY traded into the resistance zone of 131.500. The eurozone ZEW Economic Sentiment data (Actual: 48.6, Forecast: 54.4, Previous: 49.4) released yesterday indicated a further decline in the surveyed investors and analysts’ sentiment on the economic outlook for eurozone. The eurozone flash employment change q/q...
Overall, EUR/USD is ranging across. The eurozone ZEW Economic Sentiment data (Actual: 48.6, Forecast: 54.4, Previous: 49.4) released yesterday indicated a further decline in the surveyed investors and analysts’ sentiment on the economic outlook for eurozone. The eurozone flash employment change q/q data released yesterday indicated a slowdown in the number of...
Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced up from the key level of 0.66. NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100. Look for short-term buying opportunities of NZD/USD.
Overall, AUD/USD is ranging across. The Australian employment data will be released tomorrow at 0830 (GMT+8). Employment Change (Forecast: 0.0K, Previous: 64.8K) Unemployment Rate (Forecast: 4.2%, Previous: 4.2%) AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term buying opportunities of AUD/USD.
Overall, USD/CAD is ranging across. Recently, USD/CAD bounced up from the key level of 1.27. The Canadian Housing Starts data (Actual: 231K, Forecast: 253K, Previous: 238K revised from 236K) released yesterday indicated that new residential building that began construction continues to increase in January. The Canadian CPI m/m data (Forecast: 0.6%, Previous:...
Overall, USD/JPY is trending upwards. Recently, USD/JPY bounced off the resistance zone of 116.000. USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term buying opportunities of USD/JPY.
Yesterday, USD weakened against most major currencies except JPY and CHF. The PPI m/m data released yesterday indicated a strong rise in the prices of goods and services sold by producers in January. PPI m/m (Actual: 1.0%, Forecast: 0.5%, Previous: 0.2%) Core PPI m/m (Actual: 0.8%, Forecast: 0.4%, Previous: 0.5%) The retail sales m/m data will be released...
Overall, GBP/JPY is ranging across. The UK employment data will be released later at 1500 (GMT+8). Average Earnings Index 3m/y (Forecast: 3.8%, Previous: 4.2%) Claimant Count Change (Forecast: -36.2K, Previous: -43.3K) Unemployment Rate (Forecast: 4.1%, Previous: 4.1%) Currently, GBP/JPY is testing the support zone of 156.000 and the next resistance zone...
Overall, GBP/USD is ranging across. Recently, GBP/USD bounced up from the key level of 1.35. The UK employment data will be released later at 1500 (GMT+8). Average Earnings Index 3m/y (Forecast: 3.8%, Previous: 4.2%) Claimant Count Change (Forecast: -36.2K, Previous: -43.3K) Unemployment Rate (Forecast: 4.1%, Previous: 4.1%) GBP/USD’s next support zone is...
Overall, EUR/JPY is ranging across. Recently, EUR/JPY bounced off the support zone of 130.000. The eurozone ZEW Economic Sentiment data (Forecast: 54.4, Previous: 49.4) will be released later at 1800 (GMT+8). Also, the eurozone flash employment change q/q and flash GDP q/q data will be released later at the same timing. Flash employment change q/q (Forecast:...
Overall, EUR/USD is ranging across. The eurozone ZEW Economic Sentiment data (Forecast: 54.4, Previous: 49.4) will be released later at 1800 (GMT+8). Also, the eurozone flash employment change q/q and flash GDP q/q data will be released later at the same timing. Flash employment change q/q (Forecast: 1.0%, Previous: 0.9%) Flash GDP q/q (Forecast: 0.3%,...
Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced up from the key level of 0.66. NZD/USD’s next support zone is at 0.65400 and the next resistance zone is at 0.67100. Look for short-term buying opportunities of NZD/USD.
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced off the support zone of 0.71000. AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term buying opportunities of AUD/USD.
Overall, USD/CAD is ranging across. The Canadian Housing Starts data (Forecast: 253K, Previous: 236K) will be released later at 2115 (GMT+8). USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD.
Overall, USD/JPY is trending upwards. Recently, USD/JPY bounced up from the key level of 115. The Japanese Preliminary GDP q/q data (Actual: 1.3%, Forecast: 1.5%, Previous: -0.9% revised from -0.8%) released earlier today indicated a recovery in economic growth during the fourth quarter of 2021. USD/JPY’s next support zone is at 114.200 and the next resistance...
Yesterday, USD strengthened against most major currencies except CAD. During his speech earlier today, FOMC member Bullard said that the central bank needs to respond to the rising inflation by front-loading more removal of accommodation, implying that more rate hikes are required. The PPI m/m data will be released later at 2130 (GMT+8). PPI m/m (Forecast:...
Overall, GBP/JPY is ranging across. Recently, GBP/JPY broke below the key level of 147 after the escalation of the Russia-Ukraine geopolitical tension, leading to the strengthening of JPY. The Preliminary GDP q/q data (Actual: 1.0%, Forecast: 1.1%, Previous: 1.1% revised from 1.3%) released last Friday indicated a slight slowdown in economic growth during the...
Overall, GBP/USD is ranging across. Recently, GBP/USD rejected the resistance zone of 1.36000. The Preliminary GDP q/q data (Actual: 1.0%, Forecast: 1.1%, Previous: 1.1% revised from 1.3%) released last Friday indicated a slight slowdown in economic growth during the fourth quarter of 2021. Currently, GBP/USD is trading towards the resistance zone of 1.36000 the...