EUR/JPY's daily chart shows an impending bull cross of long-term averages.
Price patterns also indicate the path of least resistance is to the higher side.
EUR/JPY is looking to extend Monday's gain with key simple moving average (SMA) indicators eyeing their first bullish turn since November 2019
OANDA:AUDUSD still looking at a short for aussie, temporary bullish retracement - price sitting on a propulsion block - claimed h4 sell side liquidity - price should reject off -ob and continue the trend - entry/reentry around mid figure 0.69000
AUD/USD recedes from 0.6900 to print two-day losing streak.
MACD flirts with the bears, signals 100-bar SMA retest before highlight the key Fibonacci retracements.
A falling trend line from June 09 holds the door for the fresh run-up to challenge the monthly top.
AUD/USD bounces off intraday low of
1. JUNE MARKETS
2. UP STARS/DOWN STARS
3. GOLDEN OPPORTUNITIES
5. ON THE WEB
Markets cannot rally much higher on valid fundamentals. If SPX 3000 will be the approximate 2020 close (according to16 top market s
NZD/USD rises to the highest since January 29, prints six-day winning streak.
Hopes of faster economic recovery propel the quote off-late.
New Zealand’s Q1 Volume of All Buildings dropped -5.7% versus -0.8% prior.
A light calendar keeps risk catalysts on the watch.
NZD/USD stays on the bid for the
USD/CAD stays depressed around the one-week low.
Trade optimism favors USD and CAD alike but WTI recovery adds strength to the Loonie.
Forecasts suggest a little less horrible job figures for Canada compared to the US.
USD/CAD drops to 1.3940, down 0.25% on a day, during the pre-Europe session on F
Investors added nearly 22.1K contracts to their open interest positions in Crude Oil futures markets on Wednesday, clinching the third consecutive build in light of advanced data from CME Group. Volume, instead, reversed two straight pullbacks and went down by around 684.6K contracts.
WTI headed tow