Daily Global Market Update

The EUR/USD is oversold, while the USD/JPY shows bearish signs. Gold is trending upward, and Amazon's stock is bearish. Global markets are mixed due to geopolitical tensions. Key economic events like US Consumer Sentiment and Eurozone Industrial Production are upcoming.

Euro's Oversold Market

The EUR/USD pair fell by 0.7% in the last session. The Williams Percent Range indicator signals that the market is currently oversold.

 

 

Dollar's Positive Momentum

The USD/JPY pair gained 0.3% in the last session. The MACD is giving a negative signal, indicating potential bearish momentum.

 

 

Gold's Positive Signal

Gold rose by 0.5% against the dollar in the last session. The Stochastic RSI is indicating a positive signal, suggesting potential upward momentum.

 

 

Amazon's Bearish Trend

Amazon's stock dropped 1% in the last session. The Stochastic indicator is signalling a negative trend, pointing towards potential further declines.

 

 

Global Financial Headlines

Global shares edged lower amid renewed geopolitical tensions between Russia and the West. Bitcoin reached a record high, and the US dollar strengthened following renewed post-election rallies. British inflation exceeded expectations, rising back above the Bank of England’s 2% target at 2.3% annually, as underlying price growth also accelerated.

 

Upcoming Economic Highlights

Key economic events to watch for include:

• US Consumer Sentiment Index – 1500 GMT

• Eurozone Industrial Production – 1000 GMT

• UK Unemployment Rate – 0700 GMT

• Japan Machinery Orders – 2330 GMT

• US Initial Jobless Claims – 1230 GMT

規則: FSA (Seychelles), FSCA (South Africa)
read more
Midweek Technical Look – USDJPY, EURGBP, Oil

Midweek Technical Look – USDJPY, EURGBP, Oil

USDJPY is encountering some challenges but continues to maintain an overall uptrend. The outlook for EURGBP remains bearish, with attention shifting back to the 0.8260 level. WTI oil futures are fluctuating within a neutral range; bulls need to show stronger momentum
XM Group | 1天前
Gold Gain on Russia-Ukraine Tension

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.
PU Prime | 3天前