Is USD/JPY Reversing Now After Breaching 130?
USD/JPY has been bearish this month on increased risk aversion, dipping below 130, but can it remain bearish as the sentiment improves? Full Article
Forex Signals Brief for March 22: Sentiment Improves Ahead of the FOMC
The banking sector crisis is abating while the FED is expected to stop rate hikes either today or soon, which is helping risk assets Full Article
Gold Stalls Below February’s Highs As US CPI Remains Elevated
Gold has surged more than $200 since last Thursday, but the surge has stopped after the US CPI report showed that inflation remains high Full Article
USD/JPY Reverses Lower As Buyers Fail at MAs
USD/JPY has been bullish since early January, but it has made a strong bearish reversal in the last few days after the SVB bank failure Full Article
Is Gold Breaking the the 50 Daily SMA After the Strong Bounce?
Gold bounced off the 00 daily SMA last week, but buyers are facing the 50 daily SMA now where the buying stopped on Friday Full Article
USD and Risk Currencies Will Depend on How Good the Data Is for the FED
The data has shown a decent economic bounce in the US but is it enough for the FED to pick up the pace of hikes this meeting? Full Article
Is the Bullish Retrace Over at the 50 Daily SMA for EUR/USD?
EUR/USD has been bullish since last week, but the pullback might be coming to an end as MAs are acting as resistance now Full Article
Gold Closing A Bullish Week As US Consumer Softens
Gold XAU was showing decent buying pressure last week despite most assets trading sideways, which is a sign that it might turn higher in Mar Full Article
Looking to Sell Retraces Higher in Gold, As MAs Keep Providing Resistance
Gold continues to display strong bearish momentum as the USD moves up, and we will try to sell retrace higher this week Full Article
How Long Will the FED Keep Hiking After the Higher PCE Inflation?
Core PCE inflation posted an increase in January, which increases the uncertainty regarding the FED rate path in this year Full Article
Bullish Signs in USD/CAD As MAs Turn Into Support
USD/CAD made a decisive break of the 100 daily SMA this week, and now it is using that as support on dips lower Full Article
Selling Pressure in Crude Oil As It Keeps Making Lower Highs, USD Pushes Up
Crude Oil failed at the 100 daily SMA earlier this month and now sellers are back in control, with FOMC minutes giving it another push down Full Article
Keeping A Bearish Bias in EUR/USD, As MAs Continue to Keep It Down
EUR/USD has resumed the downtrend today after failing at MAs higher and the sentiment remains bearish Full Article
USD/JPY Uptrend Slows As It Approaches the 200 Daily SMA
USD/JPY has been losing the bullish momentum after making strong gains since early February and the next test is coming up Full Article
EUR/USD Looking Weaker After This Week’s US Hot Data
EUR/USD remains bearish and the trend reversal looks more real after the break of the 50 daily SMA this week Full Article