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Forex investments
USD / JPY Forecast: US Dollar could barely contain itself below the lower trendline

USD / JPY Forecast: US Dollar could barely contain itself below the lower trendline

Wave Analysis Yesterday, the US Dollar could barely contain itself below the lower trendline. After a rebound from around 103.570, the US dollar moved massively to the upperside and is now touching the upper trendline.…

Forex investments
Fed surprises could revive markets

Fed surprises could revive markets

As Valeria Bednarik, chief technical analyst at FXStreet, writes, commenting on the current technical situation in USD / JPY, the dollar strengthened today against the backdrop of the threat of intervention from various world central…

Forex investments
EUR / USD forecast: expect a breakout above the upper trendline

EUR / USD forecast: expect a breakout above the upper trendline

Wave Analysis As previously anticipated, we are currently seeing a correction to the upperside, we don’t expect a breakout above the upper trendline. If the price rebounds from the upper trendline, then this will be…

Forex investments
attention to Wednesday’s close amid a potential bullish flag

attention to Wednesday’s close amid a potential bullish flag

WTI recovered Tuesday’s losses – further recovery is possible. The daily chart is likely to show a bullish flag amid a bullish RSI. Focus on Wednesday’s close, EIA and US data. WTI (NYMEX futures) stuck…

Forex investments
GBP / USD Forecast: British pound continued to the upperside

GBP / USD Forecast: British pound continued to the upperside

Wave Analysis Yesterday, the British pound continued to the upperside and is still pretty much bullish both on the daily and on the 4 hours time frames. As long as the price remains above the…

Forex investments
AUD / USD is held below 0.7750

AUD / USD is held below 0.7750

AUD/USD consolidating after retreating from multi-day highs CPI Australia came out above forecasts DXY trying to recover, futures S&P 500 decline Market activity low ahead of durable goods orders and solutions report FOMC Couple AUD/USD…

Forex investments
The USD / CHF tests the support – Analysis – 01/27/2021

The USD / CHF tests the support – Analysis – 01/27/2021

The USDCHF pair provided negative trades yesterday to test the key support 0.8860, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the expected bullish trend on the intraday basis,…

Forex investments
RBA may complete QE in April – Capital Economics

RBA may complete QE in April – Capital Economics

Analysts at Captial Economics believe the RBA may complete QE in April. Key messages “While the RBA is likely to present more optimistic forecasts for GDP, inflation and labor market during the February 2 meeting,…

Forex investments
Brent oil price tests the first resistance – Analysis – 01/27/2021

Brent oil price tests the first resistance – Analysis – 01/27/2021

Brent oil price tests the resistance line that appears on the chart, which represents the first protection factor t othe continuation of the recently suggested negative scenario, waiting to get negative motive that assists to…

Forex investments
rupee is up to its highest since September 2020

rupee is up to its highest since September 2020

USD / INR remains near multi-day minimum, descending third day contract Monthly trend line and 21-day EMA restrict growth Break of the support line will target the bears to the September 2020 low USD /…