Tag: reverses
USD/JPY reverses. What the market is watching
It's never straight-forward in the market.The US dollar fell on a soft CPI report but it's come storming back with USD/JPY up to 139.87 from a low of [...]
NZDUSD reverses gains as buyers turn to sellers amid crucial level breaks
NZDUSD retracing gains from yesterdayJust yesterday, the NZDUSD experienced a strong upward movement, finding support at the swing area near 0.6200 an [...]
AUDUSD reverses the declines from yesterday and runs into a cluster of resistance
AUDUSD moving up and down and back upThe AUDUSD fell off sharply yesterday, taking out the low from March 24 in the process at 0.66253. The low price [...]
USDCAD Reverses Course after Weak CPI Data, Key Levels to Monitor
USDCAD runs to the 200 hour MAThe USDCAD initially saw an increase after weaker-than-expected CPI data this morning (see post here), causing the CAD t [...]
Bitcoin Falls Below $20K as 2023 Rally Reverses
"Silvergate is one of several factors in Bitcoin’s underside test, " Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote in an email to [...]
Forexlive Americas FX news wrap 17 Feb: The USD reverses gains and closes little changed
The NY session started the session with USD as a solid leader when ranked vs the major currencies. It was up 0.37% vs the GBP and as high as 0.80% vs [...]
USD/JPY Surges and Reverses Down After the BOJ Meeting
USD/JPY made a strong bearish reversal in October as the USD reversed lower. On the other hand, the Bank of Japan and the Ministry of Finance interven [...]
Euro Reverses Down As Inflation Starts to Slow in Europe
Inflation was surging last year but this year consumer inflation exceeded all expectations as CPI (consumer price index) surged above 10%. The Eurozon [...]
EURUSD Reverses from 1.0500 Again as Fed and ECB Will Both Escalate Signaling
S&P 500, China, EURUSD, Fed and ECB Rate Forecasts Talking Points:The Market Perspective: USDJPY Bullish Above 141; EURUSD Bullish Above 1.0000; [...]
EURUSD Reverses from 1.0500 Again as Fed and ECB Will Both Escalate Signaling
S&P 500, China, EURUSD, Fed and ECB Rate Forecasts Talking Points:The Market Perspective: USDJPY Bullish Above 141; EURUSD Bullish Above 1.0000; [...]
Forexlive Americas FX news wrap: US dollar reverses and then runs higher
Markets:S&P 500 down 62 points, or 1.5%, to 3971US 10-year yields down 1.2 bps to 3.69%WTI crude oil up 62-cents to $76.89Gold down $16 to $1739JP [...]
USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High
Canadian Dollar Talking PointsUSD/CAD trades to a fresh weekly high (1.3808) as it extends the advance following the Federal Reserve rate decision, a [...]
USD/JPY Reverses Ahead of 50-Day SMA with Fed Rate Decision on Tap
Japanese Yen Talking PointsUSD/JPY rises for the second day following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price In [...]
Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
Gold Price Talking PointsThe price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the p [...]
Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact
Crude Oil Price Talking PointsThe price of oil trades in a narrow range despite an unexpected decline in US inventories, but a bull-flag formation ma [...]