Tag: reverses

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EURUSD Reverses from 1.0500 Again as Fed and ECB Will Both Escalate Signaling

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

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

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

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 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

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 [...]
EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range

EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range

EUR/USD Rate Talking PointsEUR/USD trades in a narrow range after snapping the series of lower highs and lows from last week, but failure to defend th [...]
Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average

Bitcoin Reverses Course Again, Trades Towards 20-Day Moving Average

Bitcoin’s (BTC) price rose 2.4% on Wednesday on above-average volume compared with its 20-day moving average. Bitcoin started the day in positive terr [...]
Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

Crude Oil Price Talking PointsThe price of oil is under pressure after failing to test the monthly high ($90.39), and crude may track the negative sl [...]
Loeb reverses course on push to get Disney to spin off ESPN

Loeb reverses course on push to get Disney to spin off ESPN

Dan LoebJustin Solomon | CNBCActivist investor Dan Loeb indicated that he's going to retreat from his push to get Disney to spin off ESPN, reversing a [...]
Gold Reverses at Resistance, After Powell Pledges to Keep Going

Gold Reverses at Resistance, After Powell Pledges to Keep Going

Gold pushed below the $1,700 level earlier this month, but there wasn’t too much downside pressure after that to follow up, so after a couple of attem [...]
Bitcoin Reverses CPI-Induced Rally, Drops Below $22K

Bitcoin Reverses CPI-Induced Rally, Drops Below $22K

Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of i [...]
USD/JPY Reverses Ahead of Monthly Low with Fed Rate Hike on Tap

USD/JPY Reverses Ahead of Monthly Low with Fed Rate Hike on Tap

Japanese Yen Talking PointsUSD/JPY halts the series of lower highs and lows from last week to largely mirror the rebound in US Treasury yields, and t [...]
South African Central Bank Reverses Course on Crypto Regulation

South African Central Bank Reverses Course on Crypto Regulation

South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on [...]
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