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Tag: breaking below

EUR/USD Outlook: Euro Steadies Despite Easing German Inflation

A sudden slowdown in German inflation caused the Euro to decline. German headline CPI decreased from 10% in November to 8.6% annually...

Litecoin Is In Decline And Faces Another Rejection At $66

Dec 20, 2022 at 12:12 // Price Litecoin (LTC) has entered a bearish trend zone after breaking below the moving...

USD/JPY Forecast: Bears Active on Possible BoJ Policy Tweak

Yen bulls are optimistic that there might be a BoJ policy change soon. Japan’s government might revise the BoJ’s inflation target. The US...

USD/CAD Forecast: CAD Yield Inversion Points to Recession

Canada’s bond market shows a deep yield curve that could mean a recession. Markets are expecting the BoC to deliver a 25bps...

USD/CAD Price Analysis: Investors Cut Bets on Big BoC Hike

Consumer spending went up in the US in October. Investors are not expecting another big rate hike from the BoC. The chances of...

EUR/JPY Price Analysis: The break of a rising wedge, targets 142.50

The EUR/JPY rises as the Asian session begins after losing 0.53% on Thursday. EUR/JPY Price Analysis: After breaking below the rising wedge, a...

USD/JPY Weekly Forecast: BoJ to Intervene Amid High Inflation

Japan’s economy unexpectedly contracted for the first time in a year. Japan’s core consumer inflation increased to a 40-year high in October. Investors...

Ethereum Risks Dropping Further After Breaking Below $1K

Ethereum risks dropping further after breaking below the $1K price point in a 2018-like bearish cycle so let’s read more today in our latest...

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