Trade Case Study: AUD/JPY Bearish Setup After CPI?
Today’s Australian CPI data came in mixed but generally within the RBA’s target range, potentially setting up AUD/JPY for a bearish move as rate cut...
Tag : Bearish
AUDUSD sellers take the price below the 100/200 hour MAs increasing the bearish bias.
The AUD/USD has moved lower in today’s trading, breaking through and extending away from the 200-hour MA at 0.6223 and the 100-hour MA at 0.62306....
BTC/USD Forex Signal 08/01: Bearish Pattern Forms (Chart)
Created on January 08, 2025 Bearish view – Sell the BTC/USD pair and set a take-profit at 92,000. – Add a stop-loss at 102,000. –...
Hang Seng Index: Transforming into a medium-term bearish trend despite improving Services PMI from China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish...
EUR/USD Analysis Today 07/01: Bearish Momentum (Chart)
Created on January 07, 2025 According to recent trades and after its sharp losses, the EUR/USD exchange rate is heading towards parity. Before that, investors...
TD remain bearish on CAD
TD Securities with a controversial view: “We don’t think that local politics are driving CAD all too much.” Sheesh … the jump for CAD was...
EUR/USD Analysis 06/01: Bearish Outlook Remains (Chart)
Created on January 06, 2025 The strongest bearish trajectory for the EUR/USD price performance remains ahead of the announcement of the important US jobs figures...
MUFG bearish GBP, cite Bank of England cuts to come, gas price vulnerability
Mitsubishi UFJ Financial Group (MUFG) are bearish on GBP, citing Bank of England interest rate cuts to come: We see the pricing for Bank of...
GBP/USD Analysis Today 02/01: Bearish Trend Future (Chart)
Created on January 02, 2025 The stability of the GBP/USD pair around and below the psychological support level of 1.2500 confirms the strong dominance of...
AUD/USD Signal Today – 02/01: Bearish Price Trend (Chart)
Created on January 02, 2025 My previous signal last Thursday was not triggered as none of the key support or resistance levels were reached that...