Forex 22 june 2022 youtube
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FOREX TRADING 100 BONUS
More likely than not, we get sideways action with more of the downward pressure. At this point, it looks as if the rally is starting to run out of steam, and now the overall malaise could come back into the picture. This will be especially true if interest rates continue to climb in the United States, and people worry about the reopening trade which the Aussie dollar is heavily levered to. During this week I anticipate selling rallies showing signs of exhaustion unless we break above the 0.
It is worth noting that Friday was very bearish after the jobs number, and interest rates started to rise in America again. If that continues to be the case, I suspect that a breakdown below the bottom of the candlestick for this week could open up selling down to the 1. Bonds are still being bid, with year German bund yields falling 16 basis points to 1. Returning to the cable chart, the near-term bias is now bearish if sellers can maintain their position below 1.
The pressure will be on to break through the above-mentioned near-term support region in order to pursue a further decline towards 1. Any bounce this week appears to stall just above the 1. Dollar Despite a rebound in equities, the dollar and yen remain firm. This compares to earlier, when it fell 28 points to 3,, or 0. In terms of currency, the dollar and yen have mostly maintained their gains.
Buyers are holding on to that for the time being, with large expiries at 1.
Forex 22 june 2022 youtube crypto exchange rate api
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On Friday, they did but abated shortly after the initial shock of the jobs report. At this point, the 1. More likely than not, we get sideways action with more of the downward pressure. At this point, it looks as if the rally is starting to run out of steam, and now the overall malaise could come back into the picture. This will be especially true if interest rates continue to climb in the United States, and people worry about the reopening trade which the Aussie dollar is heavily levered to.
During this week I anticipate selling rallies showing signs of exhaustion unless we break above the 0. The dismal eurozone PMI readings earlier raised new concerns about a recession, with the ECB — almost certainly — set to hike into one, causing a rush of bids into haven assets. Cable fell from 1.
Bonds are still being bid, with year German bund yields falling 16 basis points to 1. Returning to the cable chart, the near-term bias is now bearish if sellers can maintain their position below 1. The pressure will be on to break through the above-mentioned near-term support region in order to pursue a further decline towards 1. Any bounce this week appears to stall just above the 1.
Dollar Despite a rebound in equities, the dollar and yen remain firm. This compares to earlier, when it fell 28 points to 3,, or 0.
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