Weekly Market Analysis[2024.05.20]
Welcome to our weekly market analysis from forexcracked.com! May is almost over, with just one week left….
Forex analysis examines the changes in currency pair prices, and attempts to isolate which direction prices are going and where they may go in the future. In the forex market, traders buy and sell currencies with the goal of making a profit
Welcome to our weekly market analysis from forexcracked.com! May is almost over, with just one week left….
Welcome to our weekly market analysis from forexcracked.com! Fresh Week Fresh Start. This article isn’t about telling…
Welcome to our weekly market analysis from forexcracked.com! This is our first article in this series, so…
GBPUSD grinds to 3-month high Sterling carries on its ascent as Britain’s jobless rate dropped to 4.8%…
GER 30 retests record high Germany’s DAX 30 claws back previous losses as the economic outlook brightens….
USDCHF drops after bearish cross The US dollar came under renewed pressure after retail sales showed a…
SPX 500 rebounds from daily trendline The S&P 500 reverses sharp decline as investors digest soaring consumer…
USDJPY rebounds from Fibonacci level The US dollar jumped after April’s CPI rose 3% YoY nearly doubling…
NAS 100 heads towards important support The tech index retreats as investors continue to rotate out of…
USDCHF faces strong resistance The US dollar struggled to bounce back after the US labor market showed…
GER 30 tests previous record high The DAX has recouped recent losses as risk sentiment made its…
USDCHF tanks to new lows The US dollar falls as higher continuing jobless claims point to volatility…
USDCAD reaches a 3-year low The US dollar remains under pressure as downbeat ADP jobs data fails…
NAS 100 tumbles after exhaustion Tech stocks slip as investors’ bet on a US recovery favors traditional…
EURUSD retraces to major support The euro pulled back after the block’s CPI dropped to 0.8% in…
USOIL speeds up runaway rally WTI crude oil gained momentum after EIA data showed a sharp reduction…
USDCHF breaks below consolidation range The US dollar remains subdued as the Fed offers no signs of…
USDJPY rises to major resistance The Japanese yen stayed muted after the Bank of Japan revised down…
EURUSD pulls back to support The euro popped higher after the Eurozone’s bond yields rose on improved…
US 30 bounces off key support The Dow Jones recoups losses as investors expect some leeway for…