Overall, USD/CAD is trending downwards. The Canadian retail sales data will be released later at 2130 (GMT+8). Core Retail Sales m/m (Forecast: 1.1%, Previous: 1.3%) Retail Sales m/m (Forecast: 1.2%, Previous: 1.6%) Currently, USD/CAD is testing to break above the key level of 1.25. Its next support zone is at 1.24500 and its next resistance zone is at...
Overall, AUD/USD is ranging across. The Australian employment data released yesterday indicated a slowdown in jobs creation and unemployment rate continued to decline in December. Employment Change (Actual: 64.8K, Forecast: 60.0K, Previous: 366.1K) Unemployment Rate (Actual: 4.2%, Forecast: 4.5%, Previous: 4.6%) The Australian flash PMI data will be released...
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke the support zone of 130.000. The eurozone CPI y/y data will be released later at 1800 (GMT+8). Final CPI y/y (Forecast: 5.0%, Previous: 5.0%) Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%) The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at...
Gold prices are nearing a key spot on the chart as Silver prices have already broken-out to fresh highs. It’s perhaps the backdrop with which these breakouts have shown that make the matter most interesting. Yields remain elevated and stocks are on their back foot; rates markets are pricing in as many as seven hikes out of the Fed this year with a median...
Overall, AUD/USD is ranging across. Recently, AUD/USD broke above the key level of 0.72. The Australian employment data will be released later at 0830 (GMT+8). Employment Change (Forecast: 60.0K, Previous: 366.1K) Unemployment Rate (Forecast: 4.5%, Previous: 4.6%) AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for...
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the support zone of 156.000. The UK CPI y/y data (Actual: 5.4%, Forecast: 5.2%, Previous: 5.1%) released yesterday indicated that prices in the UK hit the highest level since March 1992, a 30-year high level driven mainly by higher energy prices and supply chain disruptions. During his testimony...
Gold currently is in Rangebound, Looking for Short term Selling Opportunities in Gold, Proper Money Management required.
Gold is overall is in Bullish Trend, currently looking for Short Term Selling Opportunities for Gold.
Overall, GBP/USD is trending downward. The UK employment data will be released later at 1500 (GMT+8). Average Earnings Index 3m/y (Forecast: 4.2%, Previous: 4.9%) Claimant Count Change (Forecast: -38.6%, Previous: -49.8%) Unemployment Rate (Forecast: 4.2%, Previous: 4.2%) GBP/USD’s next support zone is at 1.36000 and the next resistance zone is at 1.38000. Look...
Overall, AUD/USD is ranging across. The Australian Westpac Consumer Sentiment data (Forecast: NA, Previous: -1.0%) will be released tomorrow at 0730 (GMT+8). AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for selling opportunities of AUD/USD.
Overall, AUD/USD is ranging across. Recently, AUD/USD trended into the resistance zone of 0.73000 after the release of the strong U.S. inflation data, leading to the weakening of USD. Currently, AUD/USD is trading towards the resistance zone of 0.73000 and the next support zone is at 0.71000. Look for buying opportunities of AUD/USD only if it breaks the...
Overall, NZD/USD is ranging across. Recently, NZD/USD broke above the key level of 0.68 and traded into the resistance zone of 0.68400 after the release of the strong U.S. inflation data, leading to the weakening of USD. The New Zealand Building Consents data (Actual: 0.6%, Forecast: NA, Previous: -2.1% revised from -2.0%) released earlier today indicated an...
EURCHF overall is in Bullish trend, looking for Buying Opportunities.
Gold overall is in Uptrend, Currently looking for short term selling opportunities in Gold. Use Proper Money Management.
Overall, AUD/USD is ranging across. Recently, AUD/USD bounced down from the key level of 0.72. The Australian Building Approvals m/m data (Actual: 3.6%, Forecast: TBA, Previous: -13.6% revised from -12.9%) released yesterday indicated an increase in the number of building permits issued in November, rebounding from the previous month’s decline. The Australian...
Overall, EUR/USD is ranging across. Currently, EUR/USD is testing the resistance zone of 1.13800 and the next support zone is at 1.12000. Look for short-term selling opportunities of EUR/USD if it rejects the resistance zone of 1.13800.
Overall, GBP/USD is trending upwards. Bank of England committee member Cunliffe will be speaking later at 2215 (GMT+8). During this time, there may be volatility in GBP. Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800. Look for short-term selling opportunities of GBP/USD.
Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke below the key level of 157. Currently, GBP/JPY is bouncing off the support zone of 156.000 and the next resistance zone is at 158.000. Look for short-term buying opportunities of GBP/JPY.