FX Weekly: DXY 111.00's Decides the Week
DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
Symbol | Exchange | Currency |
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DXY from the 110.67 close faces massive resistance throughout 111.00’s from 111.04, 111.19, 111.66 and 112.10. Above 112.10 targets middle 113.00’s then short. Failure to break...
EUR/USD weekly target at 0.9829 from 0.9678 achieved highs at 0.9807 for +129 pips. The actual target today must break 0.9817, then 0.9829. Next week EUR/USD ranges from 0.9716 to...
Severely overbought JPY cross pairs begin the week. USD/JPY adds to the overbought ranks due to DXY trading near 40 and 50-year monthly averages. The DXY venture began 16 months...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
---|---|---|---|---|---|
Moving Averages | Sell | Neutral | Buy | Strong Buy | Buy |
Technical Indicators | Sell | Sell | Strong Buy | Strong Buy | Sell |
Summary | Sell | Neutral | Strong Buy | Strong Buy | Neutral |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
---|---|---|---|---|---|
Emerging Patterns | |||||
Inverted Hammer | 1H | Current | |||
Completed Patterns | |||||
Three Outside Down Bearish | 1W | 19 | Jan 15, 2023 | ||
Doji Star Bullish | 1W | 19 | Jan 15, 2023 | ||
Engulfing Bearish | 1W | 20 | Jan 08, 2023 |
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
---|---|---|---|---|---|---|
Tuesday, May 30, 2023 | ||||||
09:00 | USD | 2.40% | 4.00% | |||
09:00 | USD | 0.20% | 0.50% | |||
09:00 | USD | 393.00 | 394.80 | |||
09:00 | USD | -0.40% | 0.10% | |||
09:00 | USD | 0.40% | 0.20% | |||
09:00 | USD | -1.60% | 0.40% | |||
10:00 | USD | 99.00 | 101.30 | |||
10:30 | USD | -23.40 | ||||
10:50 | USD | 3.40% | ||||
11:30 | USD | 5.25% | ||||
11:30 | USD | 5.17% |
Federal Reserve(FED) | ||
Current Rate | 5.25% | |
Chairman | Jerome H. Powell |
Current Rate | 0.01% | |
Chairman | Dimitar Radev |