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European currencies experienced a continued decline on Monday, with EURUSD finding support around 1.0850, and GBPUSD sliding from its recent peak of 1.27 to 1.2650. Both currency pairs have been consolidating near their local highs since the beginning of last week as the wave of selling the dollar started to taper off. This shift was […]

Title:S&P 500 H4 | Falling to support level? TypeBearish Reversal Preference:The price is falling from our pivot point of 4599.10, a pullback resistance. The fall off from this price could lead to the price falling to the 1st support level at 4527.17, an overlap support. Alternative scenario:The price could break through our pivot point of […]

The primary currency pair appears relatively weak on Monday. The current EURUSD exchange rate stands at 1.0875. The market perceived the comments from Jerome Powell, the Fed’s chair, on future interest rates as too mild. He noted that insufficient or excessive stimulus risks are now more balanced. Investors considered Powell’s tone too cautious. According to […]

RBA in Focus AUDUSD is holding just below the .6681 resistance level on Monday, as traders look ahead to the coming RBA rate decision tonight. While the bank is expected to keep rates on hold again this month, traders will be closely monitoring the statement for clues as to whether the bank is likely to […]

Futures Weekly Action Areas #ES #NQ #YM To access the weekly action areas for the trading week ahead in the emini futures markets use the links below Emini SP500 https://youtu.be/D7__r0QBb1c?si=tHSgfTPQ5we3Q28J Emini Nasdaq https://youtu.be/D7__r0QBb1c?si=tHSgfTPQ5we3Q28J Emini DowJones https://youtu.be/_YqrlRQWLHA?si=XY6Tk0syxD-PEGBE Source: Tickmill

EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has reached the oversold area. In this situation, a rebound from 5/8 (1.0864) is expected, followed by a rise to the resistance at 6/8 (1.0986). The scenario could be cancelled by a […]