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Month: April 2023

Cryptocurrencies

EUR/USD: Euro Remains Constructive Ahead of US Labor Data

The Euro started to gain traction in early US trading on Thursday, following a limited dip from new two-month high on Wednesday. Overall picture remains bullish as the single currency benefited from weaker dollar, after Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

EUR/USD: Euro Remains Constructive Ahead of US Labor Data

The Euro started to gain traction in early US trading on Thursday, following a limited dip from new two-month high on Wednesday. Overall picture remains bullish as the single currency benefited from weaker dollar, after Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

EUR/USD: Euro Remains Constructive Ahead of US Labor Data

The Euro started to gain traction in early US trading on Thursday, following a limited dip from new two-month high on Wednesday. Overall picture remains bullish as the single currency benefited from weaker dollar, after Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

EUR/USD: Euro Remains Constructive Ahead of US Labor Data

The Euro started to gain traction in early US trading on Thursday, following a limited dip from new two-month high on Wednesday. Overall picture remains bullish as the single currency benefited from weaker dollar, after Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

How Will Gold and USD React to NFP?

Oh, look at that! NFP is coming up shortly, and while some predict that XAU/USD could reach new heights in 2023, reports from other analysts reveal that the price of Gold has dropped to around Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

RBA & RBNZ: Policy Divergence Down Under

Summary The Reserve Bank of Australia (RBA) paused its monetary tightening in April, holding its policy rate at 3.60%. The RBA also softened its guidance in regard to further rate hikes, stating that “some” further Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 130.70; (P) 131.27; (R1) 131.91; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed above signal line. On the downside, break of 129.62 support will resume the whole Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

US initial jobless claims rose to 228k, continuing claims highest since late 2021

US initial jobless claims dropped -18k to 228k in the week ending April 1, above expectation of 200k. Four-week moving average of continuing claims dropped -4k to 238k. Continuing claims rose 6k to 1823k in Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

AUD/USD: Correction 4 Completed, Waiting for a Drop in Impulse 5

In the long term, AUDUSD seems to be forming a global correction b of the cycle degree, taking the structure of the primary double zigzag. As part of the actionary wave, two parts can be Read more…

By , 3 years ago April 6, 2023
Cryptocurrencies

GER40 Cash Index Consolidates Below Early April Highs

The GER40 cash index managed to make a higher high on April 4, reaching the highest point since January 2022 and potentially kicking off a party at the bulls’ camp. However, the situation is more Read more…

By , 3 years ago April 6, 2023

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