by SignalsFactory Staff | Jun 14, 2023 | Uncategorized
PRODUCER PRICE INDEX (INFLATION) ANALYSIS Month-on-month PPI for May prints below consensus estimates Lower PPI adds to lower CPI prints earlier this week and increases the possibility of a ‘no hike’ scenario this evening EUR/USD and GBP/USD trading higher as both...
by SignalsFactory Staff | Jun 12, 2023 | Uncategorized
Gold prices slide on Monday amid market anxiety ahead of high-impact events in the coming days The center of attention will be the U.S. inflation report and the Fed’s interest rate decision this week This article looks at key XAU/USD’s tech levels to watch in the near...
by SignalsFactory Staff | Jun 8, 2023 | Uncategorized
XAU/USD remains above vital support despite the jump in US Treasury yields. Retail traders’ long positioning looks stretched. What is the outlook and key levels to watch in XAU/USD? Gold is at a critical juncture – stretched retail traders’ long positioning...
by SignalsFactory Staff | Jun 6, 2023 | Uncategorized
The Yen Has Remained Resilient of Late Despite a Dovish BoJ. Optimism Over Policy Shift or Fear of Intervention? Doji Candlestick Close for EURJPY and USDJPY Hints at Further Downside. AUDJPY Hits December 2022 Highs Following RBA Hike. Where to Next? JAPANESE YEN...
by SignalsFactory Staff | Jun 5, 2023 | Uncategorized
USD/CAD picks up bids to refresh intraday high, prints the first daily gains in four. Bearish MACD signals, “double top” formation keeps Loonie pair sellers hopeful. Multiple hurdles to challenge buyers, 1.3800 is the key upside hurdle. USD/CAD recovers from the key...
by SignalsFactory Staff | Jun 1, 2023 | Uncategorized
Cable rises on the Fed’s increased probability of a “skip” at the June FOMC Major risk events this week: NFP, US debt ceiling fears dissipate GBP/USD technical levels to consider for a bullish continuation CABLE RISES ON THE FED’S INCREASED PROBABILITY OF A “SKIP” AT...
