Weekly Technical Outlook – USDJPY, GBPUSD, NZDUSD
USDJPY faces minor injuries after higher US jobless rate; Powell’s testimony next on the agenda GBPUSD surprasses key obstacle as UK gets new government; monthly GDP data on the agenda NZDUSD waits…
Technical Analysis – GBPJPY eases after hitting new 16-year high
GBPJPY remains in strong upside tendency in long-term RSI flirts with uptrend line above 70 Stochastic looks overstretched GBPJPY is declining somewhat after rallying to a fresh 16-year high of…
GBP/JPY takes a breather at the top end of 13-day win streak
GBP/JPY is middling on Thursday, pausing after a 13-day climb. Data for both currencies remains limited, but UK elections could spark volatility. Japanese Yen likely to continue deflating as BOJ…
GOLD (XAU/USD) & SILVER (XAG/USD) SENTIMENT ANALYSIS AND CHARTS
GOLD (XAU/USD) TRADING OUTLOOK: CONFLICTING SIGNALS AS RETAIL SENTIMENT SHIFTS The latest IG retail trader data presents a nuanced picture for gold trading. With 57.34% of traders holding net-long positions…
Daily US Stock Market News Express (Tuesday, October 24th)
Individual stock news 1. Faraday Future (FFIE. O): The third quarter results of 2023 will be released after the market closes on Monday, November 13, 2023 (Beijing time, November 14,…
COMEX Gold Futures Real Trading Volume
The most active gold futures contract on COMEX was traded in 1705 trades within one minute from 19:04 to 19:05 Beijing time on October 24th, with a total trading contract…
Daily overview of global central bank developments (October 11)
1. According to Japan’s Kyodo News: The Bank of Japan is considering raising its core CPI forecast target for the 2023/24 fiscal year to close to 3% from 2.5% in…
Daily Futures Market News Express (October 9th)
Last week, Mysteel’s Coal and Coke Division conducted a survey on the profitability of 30 independent coking plants in China, with an average profit of 11 yuan per ton of…
ECB policy direction remains unknown
Philip Lane, chief economist at the European Central Bank, is cautiously optimistic about inflation in the euro area, saying that the slowdown in inflation indicators for goods and services is…
Iron ore refreshes rebound high, what do you think of the market outlook?
Comments on Everbright Futures: Boosted by real estate policies, iron ore surged 3% intraday, setting a new rebound high again. The PMI data for August was released on Thursday morning,…