Forex Europe
Forex Europe

Forex Europe

@forexeurope

USD/JPY now focuses on 133.35 and 134.75 – UOB

Further improvement in the sentiment could motivate USD/JPY to revisit the 133.75 level ahead of 134.75 in the short term, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.
Key Quotes
24-hour view: “USD lifted off last Friday and rocketed to a high of 131.21. USD extended its ascent in Asian trade today. While further USD gains are possible, the major resistance at 133.35 might not come into view today (next resistance is at 134.75). In order to keep the overbought momentum going, USD should not move below 131.10 (minor support is at 131.6.”

REGISTER ACCOUNT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image

Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed

The bulk of the US tech-sectors’ earnings were released after the New York close Thursday. Following the disappointment of Netflix earnings on January 19th and the mixed performance from Meta the previous day, we would navigate into the stalwarts of the so-called FAANG group. Apple’s market cap is $2.26 trillion and represents 11.8 percent of the Nasdaq 100’s weighting. Amazon is $1.04 trillion and is 6.7 percent. Google (Alphabet) is $602 billion and 3.9 percent. Naturally, given the weight of these big players, their corporate performance carries significant weight in the consistency of the bull trend that we have seen take traction these past weeks. Now, with their mixed performance in earnings, questions over the fundamental currents carrying this enthusiasm may gain traction.

REGISTER ACCONT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image

Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts

As we look ahead to a new trading week, what is the background mood of the market? An argument can be made by the bulls who point to the general progress made by benchmarks like the Nasdaq 100 over the entirety of this past week – a general push to four-month highs – with justification developed around an impending peak in the major central banks’ tightening cycle and improvement in growth forecasts. Alternatively, bears can draw on the late retreat Friday from the same measures with backing through the erosion of terminal rate discounts. However, these are debate points founded more on belief than tangibility. That means that the ultimate bearing the market takes will be highly contentious and founded more on the collective speculative view and less on scheduled developments.

REGISTER ACCOUNT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image

USD/CHF Price Analysis: Rallies back above 0.9250 reclaim the 20-DMA as bull’s eye the 50-DMA

The USD/CHF is surging sharply during Friday’s North American session, as Wall Street is set to finish the last trading day of the week with losses. Therefore, the USD/CHF is trading at 0.9260, above its opening price by 1.42%.

REGISTER ACCOUNT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image

USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410

USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a strong US jobs report bolstered the US Dollar, the strongest currency in the FX space. At the time of writing, the USD/CAD exchanges hand at 1.3402.
REGISTER ACCOUNT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image

EURAUD BUY NOW ! LETS GOOO !


BUY NOW @ 1.54180

🔵 TP1: 1.54330
🔵 TP2: 1.54480
🔵 TP3: 154680
🔴 SL:1.53780
REGISTER ACCOUNT HERE
https://one.exness-track.com/b....oarding/sign-up/a/ie

image