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Monday, August 2, 2021
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CATEGORY

Forex

Chart Of The Day: USD/JPY

USD/JPY Daily Chart. USD/JPY is nearing the 109.00 level support and the risk is building for a breakdown below this level. A move below support...

AUD Scenarios: What If RBA Reverses Taper Call?

The first week of August will be a busy one for the financial markets. Employment reports are due for release from the U.S., Canada...

EUR/USD Forex Daily Chart: First Leg Up From Wedge Bottom

Friday was a bear reversal bar for EUR/USD, and a failed breakout above the July 6 lower high. It created a sell signal bar...

NZD/USD Bounce Opportunity

NZD/USD is hinting that it is headed down but uncommitted at the time of this post. We have had a pullback so should now...

U.S. Dollar Softens Amid Stronger Risk Appetites To Start August

Risk appetites snapped back after easing in the waning hours last month. The MSCI Asia Pacific equities jumped back after dropping 1.8% last week...

China Loosens Grip; Markets Still Leaning On Consumers

Markets started the week with a predominantly positive sentiment, which could be attributed more to capital inflows than stronger macroeconomic indicators. There...

U.S. Dollar Gains Ground

US inflation data disappointed on Friday, sending US yields lower once again. It was, therefore, surprising to see the US dollar actually rally instead,...

U.S. Dollar: 2 Steps Forward, 1 Step Back

The US dollar had a difficult week, falling against nearly all the major currencies, recording new lows for the month against the euro, Swiss...

EUR/USD: Is A Move Higher Likely?

EUR/USD has 5 consecutive bull bars after consecutive wedge bottoms, which is a high probability buy setup. E-mini 5 Min Testing the July 6 and July...

Dollar Dips, PCE Next

by Adam Button We said on Monday herethis would be a pivotal week and it certainly proved to be so. The US dollar steadily sold...

Latest news

Seoul says no decision on U.S. drills, but exercises should not create North Korea tension

World7 minutes ago (Aug 02, 2021 07:37PM ET) (C) Reuters. FILE PHOTO: The South Korean and American flags fly next to each other at Yongin,...

Delta variant surges across U.S. South; political leaders clamp down again

2/2 (C) Reuters. FILE PHOTO: New York Governor Andrew Cuomo discusses the wearing of masks as he speaks at a news conference about the East...

70% U.S. adults have taken at least one dose of COVID-19 vaccine – CDC

Coronavirus13 minutes ago (Aug 02, 2021 07:30PM ET) (C) Reuters. FILE PHOTO: Ledsiel Garcia, a pharmacy technician with DeliveRxd Pharmacy based in Tampa, administers the...

Pacheco confirma discussão para parcelar precatórios e bancar programa social

Presidente do Senado, Rodrigo Pacheco (DEM-MG) confirmou, em mensagens nas redes sociais, que o encontro hoje entre ele e os ministros Paulo...

Crypto sector sees outflows for fourth week in a row, CoinShares data shows

Stock Markets18 minutes ago (Aug 02, 2021 07:25PM ET) (C) Reuters. A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken...
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