Charts To monitor for trades for the week

[pipdmt]

USDJPY

Federal Reserve Chairman Jerome Powell appears before Congress on Tuesday to begin two days of testimony and is expected to reiterate that the U.S. economy is doing well but that rates stay low given subdued inflation. This should be enough to support demand for higher-yielding assets.

[pipdmt]

EURUSD

 

U.S. Dollar Index Futures (DX) Technical Analysis – Inching Through 4-Month High

Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside momentum is strong so we’d like to see the trend confirmed by a new higher-high.

[pipdmt]

GBPUSD

GBP/USD – British Pound in Holding Pattern Ahead of GDP Releases

The British pound is having a quiet week, but traders should be prepared for stronger movement, with the release of Preliminary GDP at 9:30 GMT. We’ll also get a look at manufacturing production, a key event.

[pipdmt]

AUDUSD

AUD/USD Forex Technical Analysis – Overtaking .6718 Could Trigger Surge int  0.6734-.6742

Based on the early price action and the current price at .6714, the direction of the AUD/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the pivot at .6718.

[pipdmt]

NZDUSD

We may have seen the range for the day in the AUD/USD and NZD/USD since there aren’t any economic reports from the U.S. later today. Furthermore, gains are likely to be capped if hedgers continue to treat the U.S. Dollar as a safe-haven asset.

[pipdmt]

USDCAD

Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside momentum is strong so we’d like to see the trend confirmed by a new higher-high.

[pipdmt]

EURJPY

Three long-term Forex occasions. EURJPY, AUDJPY and CADCHF

Today, we will show you long-term situation on the three currency pairs, where we could spot interesting trading opportunities.

[pipdmt]

SPX500

No Returning of the Stock Market Bears?

Stocks rebounded strongly in the previous week, but have wavered on Friday. Their performance today isn’t exactly shaping to be the strongest ever either.

[pipdmt]

NASDAQ

Based on the early price action and the current price at 9577.00, the direction of the March E-mini NASDAQ-100 Index the rest of the session on Tuesday will be determined by trader reaction to Monday’s close at 9527.50.

[pipdmt]

DJIA

Based on the early price action and the current price at 28950, the direction of the March E-mini Dow Jones Industrial Average futures contract the rest of the session on Monday is likely to be determined by trader reaction to the steep uptrending Gann angle at 28873.

[pipdmt]

FTSE

Today’s analysis is about indices because it looks like, we are approaching another correction on the stock market. Current drops are contributed not to the US-China trade wars or US-Iran conflict but to a new player in the game: Coronavirus sweeping across China.

[pipdmt]

DAX

It’s another quiet day on the economic calendar, leaving the majors in the hands of the news wires and FED Chair Powell’s testimony.

[pipdmt]

CAC40

European Equities: A Lack of Economic Data Leaves Coronavirus Updates and Geopolitical Risk in Focus

The futures point to the red as the market digests growth forecasts for China. The spread of the coronavirus has continued despite government best efforts.

[Vaabum]

It's a pity that this topic has been discontinued.

[FXOpen Trader]

On 9/29/2022 at 5:49 PM, Vaabum said:

It's a pity that this topic has been discontinued.

We will need to use our trading based skills so that more profits can be obtained by us.