FxWirePro: USD / JPY extends minor weakness ahead of key US KPI data – EconoTimesTime

0
5

Menu

search

Menu

search

FxWirePro- Major Pair Levels and Bias Summary

FxWirePro: Daily Commodity Tracker – June 9, 2021

FxWirePro – Gold Daily Outlook

FxWirePro- EURUSD daily outlook

FxWirePro- USDCHF daily outlook

FxWirePro: EUR / CHF consolidates the previous session’s losses and tests 200-DMA at 1.0870

FxWirePro: AUD / NZD tests cloud resistance, breaks above for more gains

FxWirePro: USD / JPY range, dollars on defensive ahead of key CPI data

FxWirePro: Daily Commodity Tracker – June 10, 2021

FxWirePro: CADJPY daily outlook

FxWirePro: copper set to extend the pullback, supports target cloud support

FxWirePro- BTCUSD daily outlook

FxWirePro: FTSE100 daily outlook

FxWirePro: CHFJPY daily outlook

FxWirePro: NZD / USD trades below 200H MA, bearish divergence leaves room for downside

FxWirePro: GBP / AUD downside pressure builds, scope for sustained break below 50% fib

FxWirePro- GBPJPY Daily Outlook

The pair has pulled in 2 sessions in a row and price action remains capped below 200HMA.

Markets become cautious on risk aversion before key US CPI data provides any new clues the next monetary policy action will be given by the Fed in the face of rising inflation risks.

The FOMC will meet on June 17th and any signs of rejuvenation will likely put pressure on the US dollar and support the pair’s upward move.

Consensus forecast is for the headline CPI to rise from 4.2% to 4.7% in May, while the ex-food CPI & Energy (core CPI) is likely to rise from 3.0% to 3.4% yoy will rise.

Summary: The big technical bias remains bullish, but given the prevailing cautious sentiment, a subdued / range-bound price move is wa probably.

Paris Baguette opens first store in Cambodia

FxWirePro: EUR / NZD extends gains, meets 23.6% Fib resistance

Boeing requests new delivery deadline for Air Force One

FxWirePro: EUR / GBP struggles to extend previous session gains, 55-EMA offers strong resistance

Donald Trump uprising: Ex-POTUS impeachment attorney represents Capitol rioters

South China Sea: Chief of the Philippine Armed Forces visits island in disputed waters

Donald Trump is mocked by internet users for regretting not banning Twitter during the presidency

Nancy Pelosi calls for the Senate to strengthen voting rights

FxWirePro: GBP / AUD downside pressure builds, scope for sustained break below 50% fib

FxWirePro: EUR / AUD consolidates ahead of the big risk events on Thursday, buy well on dips

Back to top

© Elmin media. All rights reserved. By using this website you agree to the terms of use, the privacy policy and the cookie policy.

Disclaimer: As an educational service, EconoTimes provides its customers and interested parties with references and links to selected blogs and other sources of economic and market information and does not support the opinions or recommendations of the blogs or other sources of information. Customers and prospects are advised to carefully examine the opinions and analyzes offered in the blogs or other information sources in the context of the individual analysis and decision-making of the customer or prospect. None of the blogs or other sources of information should be considered a track record. Past performance is no guarantee of future results and EconoTimes strongly advises customers and prospects to carefully review all claims and representations made by consultants, bloggers, asset managers and system vendors before investing funds or opening an account with a broker. All news, opinions, research, data or other information contained on this website are provided as general market commentary and do not constitute investment or trading advice. EconoTimes expressly disclaims all liability for any loss of capital or profit, without limitation, arising directly or indirectly from its use or reliance on this information. As with all such advisory services, past results are never a guarantee of future results.

Sign up for daily updates for the most important ones
Stories unfolding in the global economy.

Similar title :
With CPI everything depends
Lagarde: Underlying price pressure remains subdued
FxWirePro: USD / JPY expands slight weakness ahead of key US CPI data

Keywords:

United States Dollar,Foreign Exchange Market,Consumer price index,Japanese yen,Inflation,Central bank,United States Dollar, Foreign Exchange Market, Consumer price index, Japanese yen, Inflation, Central bank,,,,

QU’EN PENSEZ-VOUS?

[comment]

PUB

Laisser un commentaire, votre avis compte!

[gs-fb-comments] [comment-form]