Dollar opening bearish www.google.com , drop from 104.7 and now the price is consolidating between my support and resistance area 101.5 to 105.8.
From the chart, dollar is continuing drop. The price is possible drop to 100 which my next support level. While 1 May , Manufacturing PMI reflect a better result compare to forecast and previous. Let's take a look on 3 May Service PMI. www.dailyfx.com
From the chart can see the price has moved upwards in the support area at 102. I'm looking for a buy for the are in this following days. *Disclaimer: All information posted are merely for a personal interest and records as trading journal, NOT a trading suggestions. Lotc is not a registered investment advisor, does not make recommendations of any trading or...
Gbpjpy price is stand below 161 last week, it is possible the price will drop to 156. I'm looking forward on it. *Disclaimer: All information posted are merely for a personal interest and records as trading journal, NOT a trading suggestions. Lotc is not a registered investment advisor, does not make recommendations of any trading or purchase proposes. Take your...
Gold price has broken the resistance level around 1910 and continues to go up due to the collapse of US-based Silicon Valley Bank. This might loss of consumer confidence level in US regional bank. www.dailyfx.com
Dollar continues to move stronger this week and interest rates are still possible to hike. From the research, Federal Open Market Committee (FOMC) meeting showed nearly all policymakers favored a slowing in the pace of interest rate hikes, but they also indicated curbing unacceptably high inflation would be the "key factor" in how much further rates need to...
US Treasury yields slump post-FOMC meeting & NFP has raised above its expectations. www.google.com My point of view on dollar might continue to raise in the next few weeks, with the next resistance level: 105.36. From this article, the markets are expected to price in one more quarter-point rate increase on March 22 before the Fed. This might cause the dollar to...
AUD goes higher after CPI beats the expected level, the price is stronger against USD and JPY: www.fxstreet.com . Recently, the news showed the yen weakens as Bank of Japan makes no changes to yield targets: www.cnbc.com
Eur continues goes higher in this following days, my next resistance level at 1.117. EUR found support from European Central Bank officials' comments signalling additional jumbo interest rate rises in Europe. This signal cause the price continue to raise: www.reuters.com
Dollar is consolidating around 102 and is possible to continue dropping the price below 101.6. Today 25th Januarymonetary policy report might impact the dollar price: www.dailyfx.com
This week the movement on Dollar seems like is in retracement. US inflation continued slowing in December at 6.5% y/y vs 7.1% in November. The analyst show market is expecting the dollar to continue to weaken in the following days: www.google.com
DXY might be weaknesses in the next following days. The prices have just broken the support line at 103.48. The next support line I'm looking for is 101.6. Here are the predictions and analysis on dollar: www.dailyfx.com
I'm looking for a downtrend on dollar this week. Waiting for the prices go to the support area near 0.88. Recently the prices have strongly breakdown the support area.
Gold continue to raise in the last few months, I'm looking for the price to reach its resistance level which is 1867. The price keeps raise in these few days due to the drop in the dollar. Although the dollar keeps dropping in these few months but in my perspective, this situation might not take long as the market is still looking for a raise in the dollar due to...
Dollar might continue to drop in the following days, the prices will drop to the support level which is 101.6. The researcher has stated that although the price is dropping but it is still better compared to 2015 situation. www.channelnewsasia.com
The dollar turns to raise in the last few days, it is possible to go above the areas of resistance in the short-term. The market is predicting the dollar will gain sharply due to ECB's Lagarde says inflation risks remain. Currently, the raise in the dollar will lead the price decrease in Commodities. By analyzing in weekly chart, I look forward for a bearish, the...
NZDJPY, price showing strong bullish and cross the resistance area 86.9. A buy action only will be taken when the price stand above the resistance area and change it to support area. Forecast for the next resistance area: 89.9. www.dailyforex.com
Dollar seemed like will continue to consolidate in the following days. The chart shows the price has reached the support area but there is no strong bullish candlestick yet. www.fxstreet.com I believe this is just a short-term decline in price due to the inflation data and market being in recession worries. This might support dollar continue to rise. ...