Commerzbank’s Charlie Lay and Dr. Henry Hao note that weaker US non-farm payrolls and reduced Fed rate hike expectations weighed on the Dollar, supporting the Japanese Yen. USD/JPY fell sharply as markets priced a smaller cumulative hike by year-end and speculated about possible FX intervention.
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ING’s Francesco Pesole highlights that EUR/USD price action after the US jobs report underlines the lack of a strong bullish narrative for the Euro, as markets doubt further ECB hikes. Softer inflation and low Oil prices weigh on expectations.
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The Japanese Yen (JPY) has staged a sharp recovery against the US Dollar, surging from a 40-year low at around 162.50 down to the 160-61 handle.
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MUFG’s Derek Halpenny argues that softer US labour data should push markets to reprice Federal Reserve policy, shifting from rate hikes toward a greater risk of cuts. He highlights weaker nonfarm payroll trends, deteriorating sentiment indicators and receding inflation risks.
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Major Takeaways Main scenario: Consider long positions from corrections above 0.8008 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.8008. Stop Loss: below 0.7965, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below 0.8008 will allow the asset to continue declining to the levels of 0.7900–0.7755. A sell signal: the level of 0.8008 is broken to the downside. Stop Loss: above 0.8050, Take Profit: 0.7900–0.7755. Main Scenario Consider long positions from corrections above 0.8008 with a target of 0.8220–0.8400. Alternative Scenario Breakout and consolidation below 0.8008 will allow the pair to continue declining to the levels… Read full author’s opinion and review in blog of #LiteFinance
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The Euro (EUR) is up 0.16% to near 1.1455 against the US Dollar (USD) during the European trading session on Friday. The EUR/USD pair gains as the US Dollar underperforms its peers due to a slight ease in hawkish Federal Reserve (Fed) interest rate expectations.
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Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil prices are trading today in a correction in the short-term downtrend. Major Takeaways USCrude: Oil prices are rising in a correction. XAUUSD: Gold’s short-term trend has turned bullish. EURUSD: The euro has tested the resistance B of 1.1482–1.1468. Oil Price Forecast for Today: USCrude Analysis Oil prices are trading in a correction within the short-term downtrend. If the correction continues, crude… Read full author’s opinion and review in blog of #LiteFinance
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The Jbr Trend Indicator MT4 was built to help reduce that confusion. Instead of reacting to every price movement, it focuses on identifying the broader trend direction and filtering out weaker signals. For traders who get caught in market chop or hesitate during trend formation, tools like this can add structure to the decision process. […]
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Major Takeaways Main scenario: Consider long positions from corrections above 1.4131 with a target of 1.4536–1.4788. A buy signal: the price holds above 1.4131. Stop Loss: below 1.4085, Take Profit: 1.4536–1.4788. Alternative scenario: Breakout and consolidation below 1.4131 will allow the asset to continue declining to the levels of 1.4006–1.3950. A sell signal: the level of 1.4131 is broken to the downside. Stop Loss: above 1.4175, Take Profit: 1.4006–1.3950. Main Scenario Consider long positions from corrections above 1.4131 with a target of 1.4536–1.4788. Alternative Scenario Breakout and consolidation below 1.4131 will allow the pair to continue declining to the levels… Read full author’s opinion and review in blog of #LiteFinance
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Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1473 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1473. Stop Loss: above 1.1515, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the level of 1.1473 will allow the pair to continue rising to the levels of 1.1790–1.2088. A buy signal: the level of 1.1473 is broken to the upside. Stop Loss: below 1.1430, Take Profit: 1.1790–1.2088. Main Scenario Consider short positions from corrections below the level of 1.1473 with a target of 1.1124–1.0892. Alternative Scenario Breakout and consolidation above 1.1473 will… Read full author’s opinion and review in blog of #LiteFinance
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ING’s Francesco Pesole notes that softer US jobs data has weakened the Dollar but does not expect this alone to extend USD losses. He argues the report curbs hopes for two Federal Reserve hikes but is not weak enough for a major dovish repricing.
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The British Pound (GBP) appreciates against the US Dollar (USD) on Friday, on track for a 1.3% appreciation this week, its strongest weekly performance in three months.
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