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Forex Market Overview

Wed, Apr 24th, 2024
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AUDNZD Pair Is Approaching Resistance, While Finishing A Correction

AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.

Dollar Retreats as Bond Yields Fall and Stocks Rally

The dollar index (DXY00 ) Tuesday fell to a 1-week low and finished down by -0.37%. The dollar was under pressure from strength in the euro after Tuesday’s news showed the Eurozone Apr S&P composite...

DXY00 : 105.836 (+0.15%)
^EURUSD : 1.06881 (-0.13%)
^USDJPY : 154.908 (+0.05%)
GCM24 : 2,329.5 (-0.54%)
SIK24 : 27.195 (-0.61%)
Gold Price Slides Even Without Dollar’s Help!

Gold slides once again today, proving that yesterday’s $67 slide was not accidental.

Dollar Falls on Lower Bond Yields and Stronger Stocks

The dollar index (DXY00 ) this morning is down by -0.35% and posted a 1-week low. The dollar is under pressure as the euro strengthened after today’s news that the Eurozone Apr S&P composite PMI expanded...

DXY00 : 105.836 (+0.15%)
^EURUSD : 1.06881 (-0.13%)
^USDJPY : 154.908 (+0.05%)
GCM24 : 2,329.5 (-0.54%)
SIK24 : 27.195 (-0.61%)
Dollar Gives up Early Gains as Stocks Rebound

The dollar index (DXY00 ) on Monday fell slightly by -0.04%. The dollar on Monday gave up an early advance and moved lower after a rally in stocks curbed liquidity demand for the dollar. The dollar initially...

DXY00 : 105.836 (+0.15%)
^EURUSD : 1.06881 (-0.13%)
^USDJPY : 154.908 (+0.05%)
GCM24 : 2,329.5 (-0.54%)
SIK24 : 27.195 (-0.61%)
Dollar Climbs with T-Note Yields

The dollar index (DXY00 ) this morning is up by +0.13%. Higher T-note yields today are giving the dollar a boost. Also, today’s US Mar Chicago Fed national activity index was stronger than expected...

DXY00 : 105.836 (+0.15%)
^EURUSD : 1.06881 (-0.13%)
^USDJPY : 154.908 (+0.05%)
GCM24 : 2,329.5 (-0.54%)
SIK24 : 27.195 (-0.61%)

Forex Market Map

AUD/USD
+0.32%
USD/CHF
+0.26%
USD/CAD
+0.11%
USD/JPY
+0.05%
EUR/GBP
unch
EUR/USD
-0.13%
GBP/USD
-0.13%

Forex Trading Signals

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strong sell
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$META on its way to today's earnings announcement https://t.co/szHW8k5cqY
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The U.S. is headed for a financial crisis because of soaring national debt warns billionaire investor Leon Cooperman https://t.co/fwh3w9j0Rz
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The pullback in U.S. Stocks isn't over warns Goldman Sachs which notes that CTAs are modeled to sell stocks no matter what 👀 https://t.co/1OMgixwsYZ
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Morgan Stanley's Mike Wilson has finally capitulated!! 🚨🚨 After being wrong about everything over the last 18 months, Wilson has decided to no longer make bold predictions about the S&P 500 $SPX 😂 https://t.co/9PUVLuNYWm https://t.co/jbcZxwuvMp
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Goldman Sachs $GS hits record high closing price https://t.co/IuKQcW1RyQ
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Chinese Corporate Bond Yields fall to lowest level in history https://t.co/YTtHZYv43b
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Options market now implying a 20% chance that the Federal Reserve will raise interest rates within the next 12 months. We've gone from 6 cuts to 4 cuts to 3 cuts to 2 cuts to 0 cuts to a rate hike in half a year 😂 https://t.co/YWbsMAsXsb
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Which of the following assets would you rather own? Bitcoin $BTC Gold Cash
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Gold Trading Volume in China has exploded to 5x the average in 2023 https://t.co/gyneeHDXvK
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Credit Card defaults at Discover Financial spiked to their highest level since the Global Financial Crisis 👀 https://t.co/4O48eRhxCJ https://t.co/7CvyyyVpVU

Forex Long Term Trends

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