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Forex Market Overview

Sun, May 12th, 2024
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Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502%...

DXY00 : 105.301s (+0.07%)
^EURUSD : 1.07741 (+0.03%)
^USDJPY : 155.702 (-0.05%)
GCM24 : 2,375.0s (+1.48%)
SIN24 : 28.506s (+0.50%)
EURUSD Elliott Wave: Forecasting the Rally from Equal Legs Area

Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of (EURUSD) , published in members area of the website. As our members know, EURUSD has...

^EURUSD : 1.07741 (+0.03%)
Elliott Wave Expects $AUDUSD to Break Higher

Short Term Elliott Wave in (AUDUSD) suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave...

^AUDUSD : 0.66040 (+0.02%)
Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00 ) today is up +0.11%. The dollar is seeing support from a +4.3 bp rise in the 10-year T-note yield to 4.496%. The dollar is also seeing support from hawkish comments today by...

DXY00 : 105.301s (+0.07%)
^EURUSD : 1.07741 (+0.03%)
^USDJPY : 155.702 (-0.05%)
GCM24 : 2,375.0s (+1.48%)
SIN24 : 28.506s (+0.50%)
Dollar Softens and Gold Rallies as US Jobless Claims Climb

The dollar index (DXY00 ) on Thursday fell by -0.30%. The dollar gave up an early advance Thursday and fell moderately after US weekly jobless claims rose more than expected to an 8-1/2 month high, a...

DXY00 : 105.301s (+0.07%)
^GBPUSD : 1.25203 (-0.04%)
^EURUSD : 1.07741 (+0.03%)
^USDJPY : 155.702 (-0.05%)
GCM24 : 2,375.0s (+1.48%)
SIN24 : 28.506s (+0.50%)
Elliott Wave Analysis on USDJPY Recovery Post BOJ Intervention

(USDJPY) has been in a roller coaster in the last few weeks due to the Bank of Japan (BOJ) Intervention. In this article, we will look at the short term Elliott Wave path for the currency post the intervention....

^USDJPY : 155.702 (-0.05%)

Forex Market Map

EUR/GBP
+0.05%
EUR/USD
+0.02%
AUD/USD
+0.02%
USD/CHF
+0.01%
GBP/USD
-0.04%
USD/JPY
-0.05%
USD/CAD
-0.06%

Forex Trading Signals

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strong sell
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Tesla $TSLA on track for its 4th consecutive red quarter, its longest losing streak since 2015/16 https://t.co/bJSrAdSMUD
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Brazil, the world's largest Orange Juice exporter, is expected to have its worst crop in 36 years 🍊 https://t.co/K9lNbW2dfa
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Hedge Funds cut bearish bets on the Japanese Yen by the most since March 2020 👀 https://t.co/8v18sUyFYz
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Leveraged Loan Funds saw a weekly inflow of $2.04 billion, the largest inflow in 2 years https://t.co/hgSjWRbGoo
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Pepsico $PEP has formed a Golden Cross https://t.co/7QyW4FFbaU
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Chinese Stocks now trading at 9-month highs 🚨 https://t.co/OJVse87ZJV
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10 Most Oversold Stocks in the S&P 500 - $CVS $INTC $SBUX and $ULTA making the list https://t.co/x7SFzDOWjg
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BREAKING 🚨: Short Sellers Short Sellers in Novavax sustained estimated losses of $255 million on Friday after $NVAX soared by 99%, the stock's largest gain in history https://t.co/J3daCNZ40w
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It likely won't be appropriate to cut interest rates this year cautions Federal Reserve Governor Michelle Bowman https://t.co/O7M21eKZMV

Forex Long Term Trends

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