Japanese Yen Sentiment Analysis & Outlook – USD/JPY, EUR/JPY, GBP/JPY
This article explores retail sentiment on the Japanese yen through an analysis of USD/JPY, EUR/JPY, and GBP/JPY. Moreover, we consider potential near-term scenarios based on market positioning and contrarian signals.
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EUR/USD slips further back on Thursday as rate cut hopes dry up
EUR/USD headed lower on Thursday, driven closer to the 1.0800 handle after an unexpected upswing in US Services Purchasing Managers Index (PMI) figures sparked renewed fears of fewer Federal Reserve…
Read More »Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels
This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.
Read More »PBOC is expected to set the USD/CNY reference rate at 7.2539 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »Chinese fighter jets reportedly carrying live missiles in Taiwan drills
It is also being reported by the Chinese state media that China has sent out dozens of fighter jets and conducted mock strikes in targeted areas in the region. This…
Read More »Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook
This piece delves into the technical outlook for gold, EUR/USD and USD/JPY, analyzing their price behavior and market sentiment to forecast their near-term trajectories.
Read More »Australia: Westpac consumer confidence index (May): -0.3% to 82.2 (prior -2.4% to 82.4)
Australian consumer sentiment remains in the doldrums more to come This article was written by Eamonn Sheridan at www.forexlive.com.
Read More »GBP/USD extends its upside above 1.2700, investors await fresh catalysts
The GBP/USD pair extends the rally near 1.2710 on Tuesday during the early Asian session.
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