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Tag: UoM Consumer Sentiment

EUR/USD Price Analysis: Euro Tumbles Amid ECB’s Cut in June

An ECB poll of economists confirmed that inflation in the Eurozone will decline to 2%. The ECB held rates on Thursday and signaled the first...

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EUR/USD Price Challenging Key Levels, Focus on ECB

EUR/USD price escaping from the current range may bring us a clear direction. The US data should move the rate tomorrow. False breakouts through the upper...

EUR/USD Price Showing Exhaustion Signs Under 1.0800

Taking out the downtrend line activates larger growth. The Canadian inflation data should have an impact tomorrow. The bias remains bearish as long as it stays...

USD/CAD Price Stuck Near Daily Lows, Eyes on US PPI

The USD needs positive data to be able to take the lead again. A new lower low activates more declines. The US figures should shake the...

USD/JPY Price Analysis: Bulls Eying 5th Consecutive Weekly Gain

Investors exercised caution ahead of the US wholesale inflation report. USD/JPY fell after the US retail sales report missed forecasts. Japanese authorities have warned of possible...

EUR/USD Price Pauses Downside Amid Oversold Conditions

A new lower low in EUR/USD price could activate more declines. False breakdowns could signal a new leg higher. 07 psychological level stands as a potential...

Gold Price Looks Exhausted Above $2,020, Eyes on Key Data

The bias is bullish as long as it stays above the lower median line (lml). A new lower low invalidates the upside scenario. The BOJ could...

Gold Price Challenging $2,029 Resistance, Focus on US Data

XAU/USD could resume its growth if it stays above the sliding line (sl). A new higher high activates further growth. The US and the Canadian figures...

Gold Price Forms a Bullish Flag, All Eyes on US GDP Data

The US and Canadian data should move the rate today. A new higher high activates further growth. The bias remains bullish as long as it...

GBP/USD Price Recovers from US NFP-Led Losses

Taking out the 1.26 psychological level activates further growth. Its failure to retest the median line (ml) announced exhausted sellers. The US Consumer Price Index...

EUR/USD Price in Demand Zone, All Eyes on US NFP

Despite temporary rebounds, the EUR/USD pair maintains a bearish bias in the short term. A new lower low activates more declines. The US NFP, Unemployment Rate,...

Gold Price Unchanged Under $2,000 After PMI Data

The bias remains bullish despite the last retreat. The US data should be decisive tomorrow. Taking out the upper median line (uml) activates more declines. The gold...

EUR/USD Price Slips Below 1.09 as Market Awaits FOMC

The EUR/USD pair seems determined to hit new lows as the dollar gains ahead of FOMC. The lower median line is seen as a potential...

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