Trading Opportunities

Yen’s Resilience Challenged: What’s Next for USD/JPY? 

The Yen's struggle against the US Dollar persists this week, as the USDJPY settles above 143.00 and reaches a new high for the third consecutive day. After some sideways trading, traders are now resuming a bullish push aimed at reaching...

Will US Inflation Data Spark EUR/USD Recovery? 

In Monday's early trading session, the euro showed a slight weakening against the U.S. dollar, influenced by a prevailing sense of pessimism following disappointing industrial production figures in Germany. As the largest economy in the eurozone, Germany's struggles in the...

Gold’s Reaction to Upcoming Non-Farm Payrolls

Gold trading faced headwinds on Wednesday as the U.S. dollar strengthened despite Fitch's downgrade of the U.S. credit rating to AA+ from AAA. Investors seemed unfazed and focused on positive data from the ADP National Employment report that might possibly...

Gold or Nasdaq: What to Short this Week?

For Gold (XAU/USD), the 4-hour chart suggests a neutral-to-bearish stance. While the pair is currently above its moving averages, the 50-day moving average is closely trailing its price. The Relative Strength Index (RSI) is dropping towards a neutral level, indicating...

AUD Bucks Trend after Fed Hikes Rates to 22-Year High

The Federal Reserve has decided to increase interest rates by 25 basis points, reaching a range of 5.25% to 5.50%, marking the highest level seen in 22 years. Market participants widely anticipated this move as the Fed resumed its tightening...

Monetary Policy Bonanza: Central Bank Decisions to Watch

This week, three of the world's most watched central banks are scheduled to announce their monetary policy decisions. The Federal Reserve will be the first to make its announcement on Wednesday at 2:00 pm, followed by the ECB on Thursday...

32,600 Jobs Added! Aussie Dollar Skyrockets!

The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double....

Crunch Time: Will Sellers Break the Barrier? GBPUSD in Focus

Meanwhile, the UK's inflation figures are a major risk event to watch for this week. Although there is an expectation for a drop in the inflation rate (from 8.7% to 8.2%), it is anticipated to remain four times higher than...

Inflation Cools, Gold Heats Up

In June, the United States inflation fell to 3%, which is the lowest since March 2021. This was slightly below the market's expectations of 3.1% and a significant decline from May's rate of 4%. Additionally, the core inflation rate unexpectedly...
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