Not so fast. Over the past month, the market has piled on „reversals” on the idea that the Fed will peak at 5% and the economy will turn around. Jobs are a late indicator,...
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NZD/USD Forecast: Breaks Above the 200-Day EMA
If we break below the 200-day EMA, I suspect many people will want the NZD higher, but a break below the 0.61 level could lead to something much more negative. , NZD/USD advanced during...
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USD/CHF Forecast: Bounces from Support Against Franc
All things being equal, I think you have a situation where the market is very noisy, so you have to be careful, but I think we are in an area that is setting up...
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USDJPY PRICE ANALYSIS: SUPPORTED AROUND 140.00, AS BULL’S EYE 141.00
USDJPY is poised to end the week up more than 1%. Although USDJPY fell to 137.50, bias remains to the upside. USDJPY Price Analysis: Break below 137.50, decline to 200-DMA immediate; otherwise 100-DMA is...
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Technical levels in play for the EURUSD, USDJPY and GBPUSD ahead of the US jobs report.
In this pre-US VIEW working report, Forexlive.com’s Greg Michalowski outlines the key technical levels. The risk increases. The market is preparing for the next job. 0:55 – EURUSD has rebounded and moved back into...
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Canadian dollar suddenly has everything going for it
The big surprise on employment today was in Canada, where the economy added 108.3K jobs, compared to expectations of 10,000. This dropped USD/CAD to 1.35 , a full cent from the pre-report level and...
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USD/THB POINTS TO FURTHER CONSOLIDATION – UOB
Market strategist Quek Ser Leang of UOB Group’s Global Economic and Market Research notes that USD/THB expects further consolidation in the near term. Key tags „We expected USD/THB to trade sideways between 37.90 and...
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2 Minutes
USD/BRL: Vote Concluded and Brazilian Real now awaits Frenzy
USD/BRL should offer speculators a true forex betting environment today; this after Lula da Silva apparently won the Brazilian presidential vote. USD / BRL closed this weekend near the 5.2959 level before yesterday’s Brazilian...
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GBP/USD Forecast: Continues to be Noisy
The Fed is expected to raise interest rates by 75 basis points, but that’s the statement people are paying most attention to. Looking at GBP/USD we can see that we tried to move a...
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WTI Crude Oil Forecast: Bounces Hard
Myślę, że surowa sytuacja zależy od tego, na czym się teraz skupiamy . Rynek ropy West Texas Intermediate był początkowo niższy podczas czwartkowych transakcji, ale znalazł wsparcie nieco powyżej poziomu 85 USD , oczywiście...
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