Tag: technical
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Can the BOJ Trigger Loaded Technical Patterns?
[ad_1] BOJ, Monetary Policy, USDJPY, AUDJPY and CADJPY Talking Points: The Market Perspective: USDJPY Range Below 138 and Bearish Below 133.50 The Bank of Japan is due to announce its monetary policy and update its forecasts Tuesday morning with the markets deeply entrenched in their assumed dovish designation Given the pressure from inflation and global…
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Dollar Outlook Still Carries Important Event Risk and Technical Pressure
[ad_1] US Dollar Fundamental Forecast Talking Points: This past week, US inflation cooled further, the Fed hiked 50bps while raising its terminal rate forecast and economic activity measured by the PMI sunk deeper into negative territory Out of the fundamental mix, the Dollar struggled to find a clear direction; which may reinforce expectations for holiday…
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EURUSD Outlook Has Technical Pressure and the ECB Rate Decision
[ad_1] S&P 500, FOMC, Dollar and EURUSD Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; S&P 500 Bearish Below 4,030 The Fed hiked its benchmark rate 50 bps as expected, but the SEP’s 2023 forecast of a 5.1 percent defied market expectations – and yet the market continues discount that…
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S&P 500 and USDJPY Abide Technical Ranges Even as Volatility and Recession Fears Grow
[ad_1] S&P 500, VIX, Fed Rate Forecast, NZDCAD and USDJPY Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; S&P 500 Bearish Below 4,030 The central banks of Canada, India and Brazil updated their policy this past session; but the volatility didn’t stretch much further beyond local markets and currencies The…
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S&P 500 Faces Key Technical Breaks but GBPUSD, USDJPY and USDCNH the True Risk Measures
[ad_1] S&P 500, VIX, Financial Stability, USDJPY, GBPUSD and USDCNH Talking Points: The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680 The second half of this past week proved very different than its first half with financial stability concerns growing out of the IMF meetings, BOE stimulus withdrawal and Dollar’s charge Financial stability…
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JEE Advanced 2022: Bombay HC directs exam organisers to consider students’ complaints on technical glitches by Sept 10
[ad_1] The Bombay High Court on Thursday directed the organising agency of the JEE (Advanced) — conducted by IIT-Bombay this year for admission to the Indian institutes of technologies (IITs) — to consider within two days the grievances of students who have petitioned the court with complaints that they faced technical glitches while attempting questions…
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Technical support scam still alive and kicking
[ad_1] Image: Adobe Stock A technical support scam, sometimes referred to as “tech support scam,” is a kind of online fraud in which a scammer reaches a target, generally by phone, and pretends to offer a technical support service. Using social engineering tricks, the fraudster persuades the target to provide access to his computer via…
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AUD/USD at Key Technical Level as APAC Trading Kicks Off
[ad_1] Australian Dollar, AUD/USD, NZ Inflation, China, Covid – Talking Points New Zealand’s second-quarter inflation rises 7.3%, beating expectations China reports a rising number of Covid cases over the weekend AUD/USD sees potential breakout as prices test Falling Wedge Monday’s Asia-Pacific Outlook New Zealand’s second-quarter inflation rose at a 7.3% year-over-year pace, beating the 7.1%…
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Euro Technical Outlook – EUR/USD and EUR/JPY Have Lost Ground but Have Trend Lines Intact. Will They Hold?
[ad_1] Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen – Talking points EUR/USD has broken down and is eyeing off a 5-year low Yen depreciation has seen EUR/JPY boosted but it now faces hurdles Broader weakness in the Euro might provide opportunities EUR/USD TECHNICAL ANALYSIS After failing to break below the January 2017 low of 1.0340,…