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Forex Market Overview

Tue, May 14th, 2024
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GBPCAD advances bullish sequence from equal leg

Hello traders. In this blog post, we will look at how (GBPCAD) advances bullish sequence from late 2023 after it bounced from an equal leg area. As you know, we analyze and trade 78 instruments with members...

^GBPCAD : 1.71834 (-0.03%)
USDX Elliott Wave: Forecasting the Decline from Equal Legs Area

Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index, published in members area of the website. As our members know, USDX has ended...

Dollar Falls on Euro Strength and Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) on Tuesday fell by -0.20% and posted a 1-week low. The dollar retreated Tuesday due to strength in the euro. The dollar extended its losses Tuesday morning after Fed Chair Powell...

DXY00 : 105.024 (+0.01%)
^EURUSD : 1.08169 (-0.03%)
^USDJPY : 156.429 (+0.01%)
GCM24 : 2,360.5 (+0.03%)
SIN24 : 28.720 (+0.06%)
Dollar Slips and Gold Gains on Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) this morning is down -0.14% at a 1-week low. The dollar today is mildly lower, weighed down by the strength of the euro. The dollar extended its losses after Fed Chair Powell...

DXY00 : 105.024 (+0.01%)
^EURUSD : 1.08169 (-0.03%)
^USDJPY : 156.429 (+0.01%)
GCM24 : 2,360.5 (+0.03%)
SIN24 : 28.720 (+0.06%)
Dollar Falls Slightly on Lower Bond Yields

The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut...

DXY00 : 105.024 (+0.01%)
^EURUSD : 1.08169 (-0.03%)
^USDJPY : 156.429 (+0.01%)
GCM24 : 2,360.5 (+0.03%)
SIN24 : 28.720 (+0.06%)
Dollar Slips on Lower Bond Yields and Strength in Stocks

The dollar index (DXY00 ) this morning is down by -0.17%. The dollar is under pressure today from lower T-note yields and strength in stocks, which reduces liquidity demand for the dollar. The dollar...

DXY00 : 105.024 (+0.01%)
^EURUSD : 1.08169 (-0.03%)
^USDJPY : 156.429 (+0.01%)
GCM24 : 2,360.5 (+0.03%)
SIN24 : 28.720 (+0.06%)

Forex Market Map

USD/JPY
+0.02%
AUD/USD
+0.02%
USD/CHF
+0.01%
EUR/GBP
+0.01%
USD/CAD
-0.01%
EUR/USD
-0.02%
GBP/USD
-0.03%

Forex Trading Signals

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Peter Lynch: “The market will go down sometimes. It’s a good thing when it does but if you’re not ready for that, you shouldn’t own stocks.” https://t.co/Op3uPyIH6I
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79% of S&P 500 $SPX stocks are now trading above their 200D moving average and approaching the highest level in the last 2 years https://t.co/oN7wELbDM9
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BREAKING 🚨: Meme Stock Short Sellers Short sellers in $AMC and $GME have now lost a combined $2.4 billion this week according to Ortex Technologies https://t.co/zlT3u0Zd9x
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JP Morgan $JPM closes at all-time highs 🚨 https://t.co/KYGROxRg4w
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Top 6 Economies by Share of Global GDP https://t.co/Qm7dqDp1yV
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Big Short Investor Danny Moses lists Tesla $TSLA as his favorite short play and says shares could fall to $50 https://t.co/ZdPWI55LwZ
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An $80,000 income is now needed to afford the typical U.S. Rental https://t.co/0anPoaI25i
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Still no Greed eh? 🤔 https://t.co/3TtTC5DYoT
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Tesla $TSLA holding the 50D moving average https://t.co/rAfltVmqil
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BREAKING NEWS 🚨: State of Wisconsin Investment Board purchases $99 million worth of BlackRock's Bitcoin ETF $IBIT https://t.co/he0NO6v9nC

Forex Long Term Trends

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