This piece provides a technical examination of USD/JPY and GBP/JPY, exploring crucial support and resistance levels that demand close attention over the upcoming trading sessions.
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This piece provides a technical examination of USD/JPY and GBP/JPY, exploring crucial support and resistance levels that demand close attention over the upcoming trading sessions.
from DailyFX – Market News https://ift.tt/O7cbE2D
via IFTTT
Gold prices show indecision on Thursday, moving between small gains and losses, as traders refrain from making large directional bets ahead of next week’s August U.S. inflation report.
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China’s ban on the use of iPhones by government employees leads the entire index lower. Strong US data has also weighed on stocks as a final rate hike lurks
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Rand weakness has softened this Thursday but with Fed speakers scheduled throughout the day, hawkish statements could reverse recent advancements.
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Recent US data has pushed the US dollar even higher, extending USD/CAD gains while the BoC opted to pause rates. Bullish momentum stalls at significant resistance level
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