Volatility among major currencies was relatively mild ahead of today's European session. The Australian dollar edged up slightly, building on yesterday's sharp recovery during the US session. Notably, AUD/USD bounced off the December low and 100-day moving average at 0.6525-30 but is now returning to its previous accumulation phase near 0.6600 USD/JPY fell to a...
NASDAQ:INTC My target is 50.69 with a support level at 45.70 and a resistance level at 51.32. Please don't forget to follow and like. Thank you
The dollar rose slightly early in the day after being mixed in yesterday's trading. Rising Treasury yields of late have supported the greenback. US stocks also saw late declines, although technology stocks again outperformed as the Nasdaq index closed up 0.4%. The S&P 500 managed to rise 0.1% while the Dow closed down 0.3%. US futures are currently flat. In the...
Hi everyone This is an neowave update of gold in which i have talked about from long term to short term scenerio. I am also publishing charts but to understand them you need to watch the video. Thank You Chart
Hi For more details please watch the below video and if you have any query, leave an comment. Video Analysis-
Hi This is an medium Term Forecast, chart is preety simple actually. Stil you have any question please do let me know. Thank you Medium Term Forecast-
Hi Everyone In this video i have talked about the short to long term forecast. Medium Term Forecast- Short Term Forecast-
Hi This is an medium term forecast of bank nifty. I have also added the video explanation for this and do keep in mind the short term v view. Short Term Forecast- Video Analysis-
Most Asian currencies were mildly volatile on Friday but headed for weekly losses, while the dollar hovered near a one-month high amid growing doubts that the Federal Reserve will cut interest rates early this year. The Japanese Yen was hit the hardest due to concerns about higher interest rates for longer and was also the worst performing currency in Asia this...
Hi Everyone Currently we are making an correction structure of 123 X 123, so i am expecting an bearish side. Thank You
The dollar steadied in early European trade on Friday as investors focused on mixed U.S. consumer inflation data and the potential impact of the FBI's interest rate cut. Future Federal Reserve System. As of 4:25 p.m. ET (9:25 p.m. Japan time), the dollar index against a basket of six other currencies was trading steady at 102.022, down from Thursday's high of...
Asian trading volumes on Monday were slightly affected by the Japanese holiday. The yen rose 0.1% after falling to nearly 145 yen to the dollar on Friday. The earthquake that hit central Japan also caused the Japanese currency to suffer its worst weekly decline since late 2022. Post-disaster economic stimulus and recovery measures could delay the Bank of...
Morgan Stanley updated its outlook for the US dollar, moving to a neutral stance, a significant shift from its previous forecast of an 8% gain in the Dollar Spot Index in the fourth quarter. two of the year. The adjustment comes as a response to the Federal Reserve's recent dovishness and the resulting decline in Treasury yields. The bank recorded a slight...
Hello trader’s what do you think about usdjpy)? Usdjpy bearish moving retest rsl levels same Bak sell zone 138.570 The US dollar declined against its major trading partners early Friday, except for a gain versus the euro, ahead of the release of the New York Federal Reserve's Empire State survey for December, the first manufacturing reading for the month,...
The new governor of the BoJ, Kazuo Ueda, has not made drastic changes in monetary policy as expected, causing the Japanese yen to weaken against the USD in 2023. Positive signs appeared in November when the USD/JPY pair fell and bond yields also fell, raising hopes that the BoJ was about to change policy. The BoJ is expected to make an important policy decision...
The dollar index and dollar index futures both traded flat during the Asian session on Tuesday, but marked strong recoveries from four-month lows over the past two sessions. A series of Fed officials said that although the bank will cut interest rates in 2024, expectations of an imminent shift are unfounded. Chicago Fed President Austan Goolsbee said the bank...
Goldman Sachs Data reported on December 18 that Goldman Sachs has revised its forecast for next year's exchange rate and expects the US dollar to weaken further. “The biggest revisions to our forecasts are on exchange-sensitive currencies like the Japanese yen,” strategists including Danny Suwanapruti and Michael Cahill wrote in a Dec. 15 report. , the Swedish...