Xtreamforex Asia FX news wrap: China official PMIs plunge a little
Xtreamforex Asia FX news wrap: China official PMIs plunge a little It was another meeting of quieted ranges for major forex rates as Asia appeared to be content to anticipate Friday’s US nonfarm finance figures. News stream was light even though we got some information focuses, outstandingly: Japanese mechanical creation fell on the month, its […]
EUR/USD wobbles in a rough reach above 1.1900
EUR/USD wobbles in a rough reach above 1.1900. Generally, EUR/USD is moving downwards. As of late, EUR/USD ricocheted up from the vital degree of 1.19. The German Preliminary CPI m/m information (Forecast: 0.4%, Previous: 0.5%) will be delivered today at provisional planning. European Central Bank President Lagarde will be talking later at 2140 (GMT+8). During […]
Xtreamforex Asia FX news wrap: USD and yen inch higher
Xtreamforex Asia FX news wrap: USD and yen inch higher It’s anything but a curbed range meeting for major FX rates and even Bitcoin with light news and information stream as it were. In any case, there were a couple of things of interest. Late in the US day, a large number of banks declared […]
Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger
Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger Blended outcomes across major FX rates today yet described in a rundown by a marginally more grounded US dollar on somewhat firmer US yields. The early exchange saw link acquire some ground and the AUD uneven yet bring down a couple of […]
Xtreamforex Asia FX news wrap: USD/JPY higher into the Tokyo fix then drift back
Xtreamforex Asia FX news wrap: USD/JPY higher into the Tokyo fix then drift back USD/JPY was taken higher into the Tokyo fix today, with market highs falling barely short of 111.00. Since the fixing, the rate has floated a couple of focuses lower. Generally, the reach has been little. EUR/USD has additionally seen a […]
EUR/USD: Prints bearish banner on 4H above 1.1900
EUR/USD: Prints bearish banner on 4H above 1.1900 Generally, EUR/USD is moving downwards. As of late, EUR/USD skipped off the resistance zone of 1.19700. The EUR/USD pair is somewhat bullish in the close term The French glimmer PMI information delivered yesterday demonstrated the extension of business exercises in the midst of the lifting of lockdown […]
Xtreamforex Asia News Wrap: Some minor advancement on foundation talks
Xtreamforex Asia News Wrap: Some minor advancement on foundation talks Major forex was minimal changed during the meeting here in Asia. Significant monetary standards have followed barely sideways, the CHF has debilitated a couple of focuses The lone information on the note was on US framework arrangements. A bipartisan gathering of congresspersons says they have […]
MORNING MARKET BRIEF 22nd JUNE
MORNING MARKET BRIEF 22nd JUNE Japanese values had somewhat of a bounce back from Monday’s sharp selloff helped along by the Bank of Japan purchasing ETFs on Monday evening and the convention on US values during US time Monday. The Australian dollar had a little move lower on remarks late in the US evening from […]
TECHNICAL MARKET ANALYSIS 22th JUNE
TECHNICAL MARKET ANALYSIS 22th JUNE EUR/USD Generally speaking, EUR/USD is moving downwards. The eurozone Consumer Confidence information will be delivered later at 2200 (GMT+8). EUR/USD’s next support zone is at 1.17900 and the following opposition zone is at 1.19700. Search for momentary selling chances of EUR/USD. EUR/USD blurs recuperation from early April around 1.1920 during […]
QUICK MARKET UPDATE 21TH JUNE
QUICK MARKET UPDATE 21TH JUNE AUD and NZD both moved substantially higher (for an Asian range day) with AUD/USD up around 40 points from its lows while NZD/USD up a similar amount circa +40 points. Fresh news and data were light only. EUR didn’t do too much, yen and GBP added on a […]
TECHNICAL UPDATE 21TH JUNE
TECHNICAL UPDATE 21TH JUNE EUR/USD In general, EUR/USD is moving downwards. As of late, EUR/USD broke beneath the critical resistance of 1.19. European Central Bank President Lagarde will be talking later in 2030 (GMT+8). Likewise, she will affirm before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these occasions, there might […]
QUICK MARKET UPDATE 16th June
QUICK MARKET UPDATE 16th JUNE EUR/USD has ticked a couple of focuses lower, and the USD likewise exchanged somewhat higher against the yen and CHF. The link is scarcely changed, as is USD/CAD. Both the Australian and New Zealand dollars added a couple of focuses against the US dollar. If it’s not too much trouble, […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]
TECHNICAL UPDATE 15th JUNE
TECHNICAL UPDATE 15th JUNE EUR/USD EUR/USD bounced up from the key level of 1.21. USD’s next support zone is at 1.19700 and thus the subsequent resistance zone is at 1.21500. look for selling opportunities of EUR/USD. The EUR/USD pair is marginally higher at the beginning of the week, trading above the 1.2100 thresholds. The EUR/USD […]
QUICK MARKET WRAP
QUICK MARKET WRAP 14th JUNE Major FX traded during a subdued fashion during the opening session to the week here in Asia. USD/JPY tested towards its US (Friday) high above 109.80 but thus far has not carried on higher from there. EUR, CHF, GBP, AUD, NZD, CAD are all little changed from their late Friday […]
Technical Market update 14th June
Technical Market update 14th June EUR/USD Recently the pair broke the support zone of 1.21500. Initial bias is now on the downside within the week for 1.1985 support first. Break there’ll confirm that the consolidation pattern from 1.2348 has started the third leg. A deeper fall would then be seen back to 1.1703 support. On […]
Bundesbank: German economy prepares for post-pandemic growth and price recovery
Bundesbank: German economy prepares for post-pandemic growth and price recovery It now expects the German financial system to attain pre-pandemic tiers as quickly as the subsequent quarter, developing with the aid of using 3.7% this yr, 5.2% subsequent yr, and 1.7% in 2023. “The German economy is overcoming the pandemic-related crisis,” said Bundesbank President […]
TECHNICAL MARKET ANALYSIS
TECHNICAL MARKET ANALYSIS 11th JUNE EUR/USD EUR/USD pair is modestly up, currently trading in the 1.2190 price zone. The pair recently bounced off the support zone of 1.21500. Day 1 of the G7 meetings will be held today. And day 2 and day 3 will be held on the weekend. The next support zone is […]