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Recovery attempt in focus as #oil stabilises at key support; can easing selling pressure fuel a broader rebound, or will the prevailing downtrend regain control?
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spkl.io/60197EzTb#XM#TechnicalAnalysis
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#USDX holds above 100 as bulls remain in control, but rising consolidation risks leave the door open for a potential downside break.
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spkl.io/60117EJUD#XM#TechnicalAnalysis
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๐จ Momentum check: ๐ฏ๐ต #USDJPY is cooling off near two-year highs๐ฅ $#GOLD remains on the back foot๐ข๏ธ# OIL is looking for a rebound ๐ #SP500 slows ahead of the long weekend. What's your trade setup?
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#USDJPY consolidates above the intervention zone, hovering near 161.35. Will the range hold for another push higher, or will the pullback gain traction?
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spkl.io/60117EHmf#XM#TechnicalAnalysis
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#BoE maintains rates unchanged at 3.75%; #UK CPI inflation decelerated notably in April and May; Governor #Bailey said that the situation remains quite unpredictable; #Pound/dollar reaches 10-week lows.
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Optimism from #US#Iran deal fades despite oil drop; #Fed Chair Warsh delivers a more hawkish-than-expected debut, upsets #US indices; #JP225 rally persists; #Tech shares struggle continues.
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EURUSD drops below March lows near 1.1500 โ can the current pullback find a floor and shift price action into a consolidation phase, or is further downside likely?
Find out more in our latest technical analysis ๐ spkl.io/60137DhSV#XM#TechnicalAnalysis
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