The daily chart portrays the pair forming an inverted head-and-shoulders chart pattern, but EUR/GBP’s price action has failed to decisively break above the 100 and 200-day EMAs at 0.8651 and 0.8671. Nevertheless, further validation is needed, as the EUR/GBP must break above 0.8740/50. EUR/GBP rallies for the fourth straight day, set to finish the week… ادامه خواندن Gains traction as an inverted head-and-shoulders pattern looms

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. منبع: https://www.fxstreet.com/news/united-states-cftc-sp-500-nc-net-positions-increased-to-200k-from-previous-2326k-202308042031 If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship… ادامه خواندن United States CFTC S&P 500 NC Net Positions increased to $-200K from previous $-232.6K

Share: “While we expect that Fed rates have likely peaked, the relative resilience of the US economy suggests that it will be some time before policy is eased. This factor combined with a growing awareness that the fundamental drivers behind other currencies could be deteriorating should offer the USD broad-based support. We maintain… ادامه خواندن EUR/USD seen falling to 1.08 on a three-month perspective – Rabobank

Thus far on Friday, there doesn’t appear to be a similar level of volume as Thursday. Support remains at $0.10.   Mullen Automotive FAQs MULN daily chart Then again, penny stocks just trade differently. At least MULN stock momentarily broke above the 21-day Simple Moving Average (SMA). It needs to close above that SMA in… ادامه خواندن MULN stock falls, going against the grain on Friday

Share: USD/CAD reversed its course during the American session and got rejected by the 100-day SMA, falling to near 1.3335. NFPs showed that job creation in July cooled down while wages increased. Canada reported soft labour market and economic activity figures. On Friday, the USD/CAD cleared daily gains and fell into negative territory… ادامه خواندن Bulls rejected by the 100-day SMA following US NFPs

Of note, USD/MXN traders must remember the Federal Reserve is on data-dependant mode, but one piece of good news, regarding employment, inflation or growth, would not shift its stance. Most Fed officials have expressed the need to see a clear trend of easing conditions, so they can modify its posture. USD/MXN erases some of its… ادامه خواندن USD/MXN sinks after a soft US Nonfarm Payrolls report, risk appetite improvement

At the end of the week, the NZD/USD rosed but will close a third consecutive weekly loss. Labour market data from the US came in mixed, and the USD DXY index weakened, falling below 102.00. That said, the sector continues to signal to remain unbalanced, which may limit the Greenback’s losses via steady hawkish bets… ادامه خواندن NZD/USD recovers following mixed NFPs from the US