by Bob Beckett | Nov 30, 2022 | Forex News
US Dollar, DXY Index, USD, Fed, Powell, Real Yield, China, Crude Oil, – Talking PointsUS Dollar continues to languish into month end despite Fed hawkishnessThe Asian session saw lots of data, but markets appear to be on hold ahead of PowellMarkets appear to be...
by Bob Beckett | Nov 30, 2022 | Forex News
Gold Price (XAU/USD), Chart, and AnalysisGold’s recent push higher stalls.Retail traders shrink their weekly short positions. Recommended by Nick Cawley Get Your Free Gold Forecast The latter half of this week is set to boost market volatility with high-importance...
by Bob Beckett | Nov 30, 2022 | Forex News
EUR CPI Key Points: Recommended by Zain Vawda Get Your Free EUR Forecast The CPI and Forex: How CPI Data Affects Currency PricesEuro Area annual inflation comes in at 10% for November, down from 10.6% in October to post its first decline since July 2021. Energy...
by Bob Beckett | Nov 30, 2022 | Forex News
Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences. There are various types of candlestick patterns which can signal bullish or bearish...
by Bob Beckett | Nov 30, 2022 | Forex News
US Dollar Basket (DXY) AnalysisHawkish Fed speak could be losing its effectiveness as markets position themselves for lower inflation once againA brief recap on the effectiveness of past CPI and PCE prints on the US dollarUS PCE, ISM manufacturing and NFP head up the...