- U.S Treasury yields are on the rise on Friday, erasing some of Thursday’s loses as the financial markets absorbed stronger than expected gross domestic product growth and looked ahead to a boatload of economic releases later in the day. The jump in Treasury yields is boosting the appeal for the U.S. Dollar against a basket of major currencies on Friday This is...
- Possible bearish pullback price movement towards the support 139.000 within the next period.
- Possible bearish pullback price movement towards the support 0.98800 within the next period.
- Possible bullish pullback price movement towards the resistance 12000 within the next period.
- Possible bearish pullback price movement towards the support 32300 within the next period.
- Possible bullish pullback price movement towards the resistance 1.17200 within the next period.
- Possible bullish pullback price movement towards the resistance 12000 within the next period.
- Possible bearish pullback price movement towards the support 139.000 within the next period.
- Possible bullish pullback price movement towards the resistance 0.66400 within the next period.
- Possible bearish pullback price movement towards the support 31600 within the next period.
- Possible bullish pullback price movement towards the resistance 0.64500 within the next period.
- The Friday's strong gain was based upon differences among voting Federal Reserve members as they debate whether or not to decrease the size of the interest rate hike at the December FOMC meeting. There is certainly not a unanimous consensus as to the future actions regarding the pace and size at which the Federal Reserve continues to raise its Fed funds rate. -...
- Possible bullish pullback price movement towards the resistance 1.17200 within the next period.
- Possible bullish pullback price movement towards the resistance 1.00500 within the next period.
- Possible bearish pullback price movement towards the support 138.00 within the next period.
- Possible bearish pullback price movement towards the support 145 within the next period.
- The greenback came under pressure after a report said some Fed officials have signaled greater unease with big interest rate hikes to fight inflation, even as they line up another big rate hike for November. - The Wall Street Journal reported that Fed officials are barreling toward another interest rate hike of 0.75 percentage points at their November meeting,...
- Possible bullish pullback price movement towards the resistance 1637 within the next period.