This article explores the technical outlook for three major U.S. dollar pairs: EUR/USD, GBP/USD, and USD/JPY. In the piece, we also discuss potential market scenarios ahead of key U.S. PCE data.
will be on edge this week ahead of a high-impact event on the U.S. calendar on Friday: the release of core PCE data, the Fed’s preferred inflation indicator. This report is likely to amplify volatility and may alter sentiment, so traders should prepare for the possibility of wild price swings in order to better respond to sudden changes in market conditions.
Eager to gain clarity on the euro's future trajectory? Access our quarterly trading forecast for expert insights. Secure your free copy now!rebounded this past week, but failed to decisively recapture its 200-day simple moving average at 1.0825. It's imperative to closely track this indicator in the coming days, as a push above it may trigger a rally towards 1.0890. On further strength, attention will turn to 1.0950.
In the scenario of sellers reasserting control and kickstarting a pullback, the first potential support area arises around the 1.2600 handle. Further losses past this juncture could pave the way for a decline towards trendline support and the 200-day simple moving average, located at 1.2570.Wondering about the yen's prospects – will it continue to weaken or mount a bullish comeback? Discover all the details in our quarterly forecast.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
US Dollar Forecast: EUR/USD, GBP/USD and USD/JPY Price Action SetupsNext week US CPI headlines the schedule of high importance data. This forecast considers how major currency pairs shape up ahead of the US CPI release
Baca lebih lajut »
Markets Week Ahead: Gold Dips as Stocks Fly; EUR/USD, GBP/USD Await US InflationThe week ahead is likely to bring elevated volatility for stocks, gold prices, U.S. Treasury yields and currency markets, courtesy of a high-impact event on the U.S. economic calendar: the release of the January inflation report.
Baca lebih lajut »
US Dollar on Tenterhooks ahead of US CPI; Setups on Gold, USD/JPY & GBP/USDThis article examines the technical outlook for gold prices, USD/JPY and GBP/USD ahead the U.S. inflation report, examining possible scenarios that could play out over the coming days.
Baca lebih lajut »
US Dollar Forecast: Bullish Bias Prevails; Setups on EUR/USD, USD/JPY, USD/CADThis article scrutinizes the technical outlook for three major U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Within the piece, we assess market sentiment and examine essential price levels that traders should have on their radar in the upcoming days.
Baca lebih lajut »
US Dollar Subdued Ahead of Fed Minutes; Setups on EUR/USD, USD/JPY, USD/CADThis article focuses on the technical outlook for three popular U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Throughout the piece, we scrutinize potential scenarios and examine key price levels worth watching in the coming days.
Baca lebih lajut »
US Dollar’s Bullish Bias Holds Steady; Setups on EUR/USD, GBP/USD, Gold PricesThis article delves into the outlook for EUR/USD, GBP/USD, and gold, shedding light on crucial price thresholds to monitor in the upcoming trading sessions.
Baca lebih lajut »