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Forex Market Overview

Tue, May 7th, 2024
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Five Things To Watch in Grain Markets in 2024

Find out what experts are watching for in the grain markets in the coming year with this article.

EURGBP Perfectly Reacting Lower From Blue Box Area

In this technical blog, we are going to take a look at the past performance of (EURGBP) 4-Hour Elliott wave Charts that we presented to our members. In which, the decline to 2/14/2024 low took place as...

^EURGBP : 0.85773 (+0.05%)
Dollar Recovers on Hawkish Fed Comments

The dollar index (DXY00 ) on Monday rose by +0.03%. The dollar on Monday recovered from early losses and posted modest gains after hawkish Fed comments sparked short covering in the dollar. New York Fed...

DXY00 : 105.171 (+0.11%)
^EURUSD : 1.07693 (unch)
^USDJPY : 154.495 (+0.38%)
GCM24 : 2,330.6 (-0.03%)
SIN24 : 27.565 (-0.18%)
Dollar Under Pressure and Gold Climbs on Fed Rate Cut Optimism

The dollar index (DXY00 ) this morning is down by -0.06% but is holding above last Friday’s 3-week low. The dollar has some negative carryover from last Friday’s weaker-than-expected US payroll and...

DXY00 : 105.171 (+0.11%)
^EURUSD : 1.07693 (unch)
^USDJPY : 154.495 (+0.38%)
GCM24 : 2,330.6 (-0.03%)
SIN24 : 27.565 (-0.18%)
Elliott Wave Analysis on EURJPY Expects Support Soon

Short Term Elliott Wave View on (EURJPY) suggests the rally from 12.7.2023 low is in progress as a 5 waves. Up from 12.7.2023 low, wave 1 ended at 163.71 and pullback in wave 2 ended at 160.21. Pair extended...

^EURJPY : 166.380 (+0.37%)
Dollar Retreats as Weak US Reports Bolster Fed Rate Cut Hopes

The dollar index (DXY00 ) on Friday fell to a 3-week low and finished down by -0.25%. The dollar sank Friday as T-note yields retreated on the weaker-than-expected reports on US Apr nonfarm payrolls and...

DXY00 : 105.171 (+0.11%)
^EURUSD : 1.07693 (unch)
^USDJPY : 154.495 (+0.38%)
GCM24 : 2,330.6 (-0.03%)
SIN24 : 27.565 (-0.18%)

Forex Market Map

USD/JPY
+0.38%
USD/CAD
+0.08%
USD/CHF
+0.08%
EUR/GBP
+0.05%
EUR/USD
-0.01%
GBP/USD
-0.06%
AUD/USD
-0.19%

Forex Trading Signals

strong buy
strong sell
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China's CSI 300 Index is nearing a Golden Cross formation https://t.co/MCAWnYVlAK
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Grayscale Bitcoin Trust $GBTC saw an inflow of $63 million on May 3, its first inflow since Spot $BTC ETFs were approved in early January https://t.co/ZNnoRP7pZt
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Nasdaq $QQQ has recovered its 50D moving average after less than 3 weeks below it. That was fast! https://t.co/LmRds7tiUg
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Walgreens $WBA falls to prices not seen since 1998 🚨 https://t.co/zcubbWQCIK
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Chinese Stocks rallied for their 10th consecutive green day on Monday, their longest winning streak since January 2018 https://t.co/YsOW776riV
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Boeing can't even go a day without bad news! The FAA has opened an investigation into $BA after the company said it may have missed some 787 inspections. https://t.co/gPFAj71ZbO
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S&P 500 $SPX posts best 3-day gain since November https://t.co/AcURWUysEy
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BREAKING 🚨: U.S. Treasury U.S. Treasuries are now paying out $2 million per minute! Probably Fine https://t.co/02C5e7USra https://t.co/U6gQSZuLiL
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Sell in May and Go Away? It hasn't worked in the last decade, and it isn't working this year either, with the S&P 500 already up more than 3% this month! https://t.co/5wrkddHTUo https://t.co/l28qoQk4dR

Forex Long Term Trends

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