DXY: On the H4, with prices below the ichimoku indicator and past the bollinger band’s basis line in a downtrend, we have a bearish bias that price will drop to our 1st support at 101.560 where the horizontal swing low support, 127.2% Fibonacci extension and 50% Fibonacci retracement are from our 1st resistance at 102.348 […]
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RBNZ’s latest Survey of Expectations for May revealed a notable uptick in inflation forecasts across all time horizons. One-year-ahead inflation expectations climbed from 2.15% to 2.41%, while two-year expectations rose from 2.06% to 2.29%. Even Read more…
The US–China 90-day deal shows that actual outcomes are typically less bad than the ambit claims the Trump administration first announces. Once again, the US administration has shown that its initial announcements are usually ambit Read more…
Key Highlights USD/JPY started a downside correction and traded below 147.20. A connecting bullish trend line is forming with support at 144.50 on the 4-hour chart. EUR/USD could aim for a recovery if it clears Read more…