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The current outlook for EURJPY suggests a bearish move. This downside potential is supported by the formation of a double top chart pattern, along with a trendline shift from bullish to bearish. In addition, a candlestick confirmation further strengthens the probability of continued weakness in the short term. Trading Recommendation: *DISCLAIMER: All content in daily forex news is […]
USDJPY is currently showing potential for a short-term bullish move. This upward momentum is supported by the formation of a Falling Wedge Pattern, which is typically considered a bullish reversal signal. With this pattern, the pair has a higher probability of moving toward the target price. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. […]
The outlook for NASDAQ (NAS100) currently suggests a bearish bias. This potential downside is confirmed by a candlestick reversal pattern, indicating a shift in momentum. In addition, the formation of a double top further strengthens the probability of a price decline in the short term. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco […]
Persistent Pressure, Markets Await The Fed Decision The US Dollar Index (DXY) enters a critical week with selling pressure still dominant. The latest economic data from the United States indicate weakening fundamentals, particularly on the employment front. Weekly unemployment claims have surged to their highest level in more than three years, while consumer confidence and […]
The outlook for AUDCAD currently suggests that the price is likely to decline. This bearish potential is indicated by the price trading lower than its previous highs, signaling further downside pressure. In addition, the presence of a candlestick confirmation strengthens the probability of continued weakness. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco […]
Sectors and Indexes Investors Should Watch The Federal Reserve (The Fed) has officially cut its benchmark interest rate. This policy has a direct impact on financial markets, particularly U.S. equities and major indexes such as the S&P 500, Nasdaq, and Dow Jones. In general, a rate cut means lower borrowing costs, increased liquidity, and weaker […]
The current outlook for CHFJPY suggests a bearish bias. This potential decline is supported by the formation of a double top chart pattern, as well as a swing high that reinforces the bearish momentum. Additionally, the trendline reversal to the downside provides further confirmation of potential weakness. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. […]
The outlook for GBPJPY currently suggests a bearish bias. This downside potential is supported by a trendline shift from bullish to bearish, along with candlestick confirmation indicating stronger selling pressure. Under these conditions, the probability of further decline remains significant based on technical analysis. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures […]
The current outlook for EURJPY suggests a bearish bias. This downside potential is supported by the formation of a swing high and a double top pattern, both of which signal that the probability of further decline remains high. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and […]
Gold (XAUUSD) is currently showing signs of a potential uptrend. This bullish outlook is supported by candlestick pattern confirmation, indicating continuation of upward momentum, along with a trendline that still points to further gains. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is […]
