Weak US Jobs Data Weighs on Fed Tightening ExpectationsDespite weakness seen in key US labour market indicators last week, USDJPY is starting the week in the green. On Friday, the latest jobs report...
EURUSD Sitting on Support Ahead of Lagarde Speech
Lagarde on WatchEURUSD continues to hold at a key support level ahead of an upcoming speech by ECB chief Lagarde later today. Traders will be keen to see if Lagarde gives any clues as to how the ECB...
EURJPY H4 | Bearish reversal off 61.8% fibo?
TitleEURJPY H4 | Bearish reversal off 61.8% fibo?TypeBearish ReversalPreference:After forming a double bottom, price is rising towards our pivot point at 158.9, which is a potential pullback...
USDCNH Weakens As China Data Bounces Back
Yuan Rallies on Better DataThe Chinese Yuan is rallying today on the back of better-than-expected data and a fresh set of economic support measures delivered overnight. The Caixin manufacturing PMI...
Encouraging Dovish Economic Data in the US Supports Gold Investors
Incoming data on the US economy this week has been quite promising for gold investors. Several indicators have pointed to emergence of a negative momentum in the world's largest economy, and the...
EURUSD H4 | Falling toward support level?
TitleEURUSD H4 | Falling toward support level?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 1.09301, which serves as an overlap resistance level. A reversal from this...
GBPJPY H4 | Bullish bounce off 78.6% fibo?
TitleGBPJPY H4 | Bullish bounce off 78.6% fibo?TypeBullish BouncePreference:Price could potentially fall to our pivot point at 185.13, which is a pullback support, 78.6% fibo projection, and 50% fibo...
XAUUSD: Back to Growth Prospects as Price is about to Break Key Bearish Corridor
The dollar rebounded on Thursday after several waves of sell-offs on Tuesday and Wednesday as US economic activity data released over the past two days pointed to potential negative momentum in the...
GBPUSD H4 | Reacting off Resistance level?
TitleGBPUSD H4 | Reacting off Resistance level?TypeBearish ReversalPreference:Price has just reacted off our pivot point of 1.27233, which serves as an overlap resistance level. A reversal from this...
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