PAFX VENTURE FOREX

2022-05-04 15:39:05 USD cad SELL TP 6 pips Открыть/Комментировать

2022-05-04 13:01:05 US Inflation expectations rebound from three-week low ahead of FOMC

US inflation expectations, as per the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, snapped a two-day fall with a recovery move to 2.83% by the end of Tuesday’s US session. In doing so, the inflation gauge bounced off the lowest levels since April 13 as traders brace for the key Federal Open Market Committee (FOMC). The key economic precursor rose to a record high during late April before easing from 3.02%. Even so, the rate remains well in support of the Fed’s anticipated hawkish move. Открыть/Комментировать

2022-05-04 13:01:05 USD/JPY sustains above 130.00 but is still inside the woods, the spotlight is on Fed

USD/JPY is struggling to breach its 14-pips range as investors are awaiting the release of the Fed’s policy. The DXY could continue its upside move on the announcement of balance sheet reduction and hawkish guidance. The Japanese yen will remain in the doldrums of BOJ’s ultra-loose monetary policy. Открыть/Комментировать

2022-05-04 13:01:05 GBP/JPY Price Analysis: Multiple failures to cross key DMAs highlight 159.60-55 for bears

GBP/JPY fades the bounce off weekly low, stays below short-term important Daily Moving Averages (DMAs). One-week-old retreat, steady RSI also underpin bearish bias. Convergence of 50-DMA, April’s low and 50% Fibonacci retracement appears tough nut to crack for sellers. Открыть/Комментировать

2022-05-04 13:01:05 NZD/USD Price Analysis: Bulls step in at a critical area of weekly support

NZD/USD bulls are moving in at weekly support. Wycoff style accumulation could be playing out. The antipodeans have been wrong-footed by a strong US dollar ahead of the Federal Reserve meeting this week. The kiwi has been sent down to fresh cycle lows vs. the greenback where it is now consolidating as per the following analysis: Открыть/Комментировать

2022-05-04 13:01:05 EUR/USD justifies indecision at options market ahead of Fed

EUR/USD fails to extend the previous day’s recovery moves and stays inside the weekly range surrounding the 1.0490-570 area. That said, the major currency pair takes rounds to 1.0524 by the press time of Wednesday’s Asian session. Открыть/Комментировать

2022-05-04 13:01:05 GBP/USD bulls holding the fort into the Fed. GBP/USD bulls have stepped in as the US dollar is faded ahead of the Fed. The Fed is widely expected to announce a hawkish hike. Открыть/Комментировать

2022-05-04 13:01:05 Gold Price Forecast: XAU/USD sees a reversal to near $1,860 amid anxiety over Fed’s rate hike Открыть/Комментировать

2022-05-04 13:01:05 AUD/USD pierces 0.7100 on upbeat Australia Retail Sales, Fed in focus Открыть/Комментировать

2022-05-04 13:01:05 USD/CAD Price Analysis: Bears have moved in to test bullish commitments at critical daily support Открыть/Комментировать