IIn Asia, Japan will release the revised Industrial production m/m. The US will release a series of macroeconomic data such as Prelim UoM inflation expectations, business inventories m/m, Prelim UoM consumer sentiment, industrial production m/m, capacity utilization rate, retail sales m/m, and core...
Today, the pair is in the middle of the flat range formed a week earlier. This speaks of keeping sales open after the 1/2 WCZ OF 108.79-108.70. The goal of the downward movement is the lower border of the flat, which is located at last week's low. Transactions from the current levels are...
Japan will release the Tertiary Industry Activity m/m, 30-yBond Auction, BSI Manufacturing Index while the US will pusblish such data as 30-year Bond Auction, Natural Gas Storage,Unemployment Claims, Import Prices m/m. So, there is a probability that the USD/JPY pair will move with low to medium...
USDJPY to test key resistance, a drop to 1st support is possibleEntry: 109.012Why it's good : 61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistanceStop Loss : 109.914Why it's good :50% Fibonacci retracement,horizontal swing high resistanceTake Profit : 107.854Why...
GBP/USD
The upward wave of the British currency from May 31 has no reversal potential and acts as a correction of the previous section of the main trend from May 3. The structure of the wave is not showing completeness. Since June 7, the pound quotes form the middle part (B) of the structure, which...
USD/JPY
Our expectations of a difficult and ambiguous rise of the USD/JPY pair from the expected bottom in the area of 107.78 are justified. On a four-hour scale, the price failed to gain a foothold over the MACD line (indicator blue), which formed a divergence with the Marlin oscillator. The...
IJapan will release the PPI y/y, Core Machinery Orders m/m. The US will publish such economic data as Federal Budget Balance,10-year Bond Auction, Crude Oil Inventories, Core CPI m/m, CPI m/m. So, there is a probability the USD/JPY will move with low to medium volatility during this day.TODAY'S...
Japan will release the PPI y/y, Core Machinery Orders m/m. The US will publish such economic data as Federal Budget Balance,10-year Bond Auction, Crude Oil Inventories, Core CPI m/m, and CPI m/m. So, the USD/JPY pair is highly likely to move with low to medium volatility during this day.TODAY'S...
Japan will release the PPI y/y, Core Machinery Orders m/m. The US will publish such data as Federal Budget Balance,10-y Bond Auction, Crude Oil Inventories, Core CPI m/m, CPI m/m. So, there is a probability the USD/JPY will move with low to mediumvolatility during this day.TODAY'S TECHNICAL...
