News
Google and Amazon, AUD/USD setback, JPY higher? CHF moving, Crude Oil bounce [Video]
4+ hour, 13+ min ago (289+ words) Google top pattern? Amazon strong bullish move. S&P 500 pausing, Nasdaq 100 lagging. EU Indices uptrend but stretched. EURUSD, AUDUSD setback. JPY higher? CHF moving. Crude oil bounce. Kim Cramer Larsson hosts the Daily Technical Update, a daily 15-20 minutes video with…...
NZD/USD Price Forecast: Delivers H&S breakdown ahead of US NFP data
4+ hour, 46+ min ago (588+ words) The NZD/USD pair trades 0.37% lower to near 0.5730 during the European trading session on Friday. The Kiwi pair is under severe selling pressure as the New Zealand Dollar (NZD) underperforms amid a cautious market mood. The table below shows the…...
Gold Forecast: XAU/USD eyes US NFP, Supreme Court ruling for the next big move
5+ hour, 37+ min ago (701+ words) Gold'is battling a critical resistance just under the $4,500 threshold early Friday, having closed well above the $4,450 barrier on Wednesday. The next big in Gold now hinges on the US Nonfarm Payrolls (NFP) data and the Supreme Court ruling on President…...
US Dollar Index (DXY) extends corrective upswing, bearish trend intact [Video]
6+ hour, 36+ min ago (264+ words) Elliott Wave Forecast Team ING Global Economics Team EUR/USD stays in the red near 1.1650 in the European trading hours on Friday. The pair remains undermined by broad US Dollar strength and a cautious market mood. Traders keenly await the…...
WTI struggles below 50-day SMA and $58.00 as oversupply fears weigh
6+ hour, 55+ min ago (265+ words) West Texas Intermediate (WTI) US Crude Oil prices attract fresh sellers during the Asian session on Friday and erode a part of the previous day's strong move up from the vicinity of the lowest level since December 19, touched earlier this…...
China Producer Price Index (YoY) came in at -1.9%, above expectations (-2%) in December
6+ hour, 59+ min ago (245+ words) China Producer Price Index (YoY) came in at -1.9%, above expectations (-2%) in December EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls report, which…...
China Consumer Price Index (MoM): 0.2% (December) vs -0.1%
7+ hour ago (240+ words) China Consumer Price Index (MoM): 0.2% (December) vs -0.1% EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls report, which is expected to offer further…...
PBOC sets USD/CNY reference rate at 7.0128 vs. 7.0197 previous
7+ hour, 15+ min ago (372+ words) On Friday, the People's Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0128 compared to the previous day's fix of 7.0197 and 6.9832 Reuters estimate. The primary monetary policy objectives of the People's Bank of…...
GBP/USD steadies below mid-1.3400s as traders eye US NFP report
7+ hour, 32+ min ago (255+ words) The GBP/USD pair is seen consolidating in a narrow range and trading around the 1.3435 region during the Asian session on Friday, just above the weekly low retested the previous day. Traders now seem reluctant and opt to move to…...
Ireland Consumer Confidence increased to 61.2 in December from previous 61
8+ hour, 29+ min ago (242+ words) Ireland Consumer Confidence increased to 61.2 in December from previous 61 EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls report, which is expected to…...