Japan Inflation: Higher Than Expected But Slowing
Consumer price inflation in Japan is in no hurry to slow down. In March, prices rose 3.2% y/y, compared with 3.3% in February and an expected 2.6%. …
Showing posts with the label higherShow all
GBPUSD backs off after strong UK CPI data fails to maintain momentum in break higher.
High price above swing area failed today GBPUSD backs off after break higher failed. The GBPUSD experienced an upward trend today following…
Japanese Yen Explodes Higher, Bank of Japan Meeting Up Ahead
JAPANESE YEN WEEKLY FORECAST: NEUTRAL Recommended by Ilya Spivak Get Your Free JPY Forecast Get My Guide The Japanese Yen exploded higher i…
EURUSD bounces back higher on Powell comments
The 38.2% and swing area between 0.9899 to 0.9913 stalled the corrective rally EURUSD corrects back to swing area. The EURUSD has moved bac…
Gold swing higher ends, 1,688 seen as target
The price of gold has dropped like a rock today and now it is trading at the 1,701 level. Unfortunately, XAU/USD failed to stay in the buyer's te…
S&P 500, Nasdaq 100 Forecast for Week Ahead: Path Higher Difficult but Possible
Most Read: US Dollar Maintains Bullish Bias as Economic Resilience Gives Fed No Reason to Pivot After the August sell-off, U.S. stocks have begun to…
The USDCAD is higher again, but some upside resistance at 2022 high stalls the rally
Key level at 1.3160 - old trend line USDCAD backs off from 2022 highs The USDCAD moved to a high of 1.3207 today and in the process got wit…
AUDUSD got the break higher after holding some key support. Resistance target stalls rise.
Correct to the 38.2% of the move down from the August high AUDUSD holds floor support but stalls at 38.2% on correction In the morning fore…
GBPUSD corrects higher toward the falling 100 hour MA and swing area.
Early sellers against the topside target GBPUSD runs up toward the 100 hour MA The GBPUSD spiked higher on the weaker US data (the USD is t…
USDJPY at overbought levels and continues moving higher.
Black lines- Fibonacci retracement levels Red line- Fibonacci extension levels Yellow lines- two equal size advances USDJPY is trading above 137 …
USDJPY corrects higher and moves toward intraday resistance
Yields bounce off low levels US 10 year yield bounces higher The US yields have seen a bounce back to the upside which helped to slow the U…
USD ticks higher as the day works toward the close
USD moves to new highs for the day vs GBP, JPY, CA AUD and NZD The USD is seeing a tick to the upside as the NY session moves toward the close.…
NZDUSD moves back higher after testing MA support
Up, down and now back up price action today NZDUSD moves back away from MA levels The NZDUSD has had an up, down and now back up trading se…
Nasdaq pushes back higher and looks to test the key retracement once again
38.2% at 12124.37 Nasdaq erases declines and pushes toward 38.2% retracement The Nasdaq has retraced the move lower and has made a new hig…
Canadian Dollar Higher After Solid Retail Sales
The Canadian dollar has started the week with gains. USD/CAD is trading at 1.2852 in the North American session, down 0.54% on the day. Canada’s R…
Bitcoin (BTC), Ethereum (ETH) Forecasts – Grinding Higher in Quiet Conditions
Another fairly quiet week in the cryptocurrency space with most coins trading in a well-defined short term range. Bitcoin has been trading either sid…
AUDUSD trades between 100/200 hour MA after earlier move higher
China is considering allowing local governments to sell $220 billion worth of bonds in the 2nd half of the year in order to accelerate infrastructur…
U.S. Dollar Trending Higher As Primary Global Reserve Currency
The U.S. Dollar is one market that continues to stand out as a stronghold for traders and investors. The world's primary reserve currency, the U…
Asian equities follow Wall Street higher
Target outlook boosts equities US markets seized on Target’s softened outlook to price in peak US inflation on a slow news day overnight, sending W…
