Đang tải...

XM Group

XM Group

GBP/USD retreats towards 50-day SMA

GBPUSD generates fresh 2024 peak - But declines sharply towards the 50-day SMA - Momentum indicators weaken significantly

XM Group | 255 ngày trước

GBPUSD has been stuck in a rangebound pattern since mid-November, unable to adopt a clear directional impetus. Although the pair exploded higher and posted a fresh seven-month high after conquering the 50-day simple moving average (SMA), it quickly reversed back within its neutral structure.

Should bearish pressures persist, the pair could violate the 50-day SMA and challenge the March support of 1.2598, which lies very close to the 200-day SMA. A dive below that region could open the door for the 2024 low of 1.2517. Further declines could then cease at 1.2445, a region that provided both support and resistance throughout 2023.

On the flipside if the pair reverses back higher, the December resistance of 1.2793 could prove to be the first barricade for the price to overcome. Surpassing that zone, the price may test the June 2023 peak of 1.2847. Even higher, the recent seven-month peak of 1.2892 could come under scrutiny.

In brief, GBPUSD remains a prisoner within its sideways range as its latest upward spike encountered solid resistance. Therefore, the technical picture could deteriorate further in case of a downside violation of the 50-day SMA.

Cơ quan quản lý: CySEC (Cyprus), ASIC (Australia), FSC (Belize), DFSA (UAE), FSCA (South Africa)

Thẻ: Phân tích GBPUSD

read more

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.

PU Prime | 11h 9phút trước

Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.

Moneta Markets | 12h 24phút trước

Gold Decline on Easing Geopolitical Tension

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | 1 ngày trước

All Eye on Today’s PCE

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.

PU Prime | 2 ngày trước

Daily Global Market Update

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.

Moneta Markets | 3 ngày trước

Trump’s Tariff Policies Push Dollar Higher

Trump’s Tariff Policies Push Dollar Higher

The dollar surged to a recent high, recovering from yesterday's retreat, driven by President-elect Donald Trump's threats of 25% tariffs on Canada, China, and Mexico.

PU Prime | 3 ngày trước

Dollar Plummet on Trump’s Treasury Secretary Speculation

Dollar Plummet on Trump’s Treasury Secretary Speculation

The U.S. Dollar faced a sell-off during the Asian session as market sentiment shifted with speculation around Donald Trump’s potential Cabinet appointments.

PU Prime | 4 ngày trước

Daily Global Market Update

Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.

Moneta Markets | 7 ngày trước

Điều khoản | Bảo mật | Sơ đồ trang web | Site Map Calendar

© 2024 Myfxbook Ltd. Bảo lưu mọi quyền.

CẢNH BÁO RỦI RO CAO: Giao dịch ngoại hối có mức độ rủi ro cao, có thể không phù hợp với tất cả các nhà đầu tư. Đòn bẩy tạo ra rủi ro bổ sung và rủi ro mất mát. Trước khi quyết định giao dịch ngoại hối, hãy cân nhắc cẩn thận các mục tiêu đầu tư, mức độ kinh nghiệm và khả năng chấp nhận rủi ro của bản thân. Bạn có thể mất một số hoặc toàn bộ khoản đầu tư ban đầu. Đừng đầu tư nếu đó là số tiền không thể mất. Tự tìm hiểu về những rủi ro liên quan đến giao dịch ngoại hối, tìm kiếm lời khuyên từ cố vấn tài chính hoặc cố vấn thuế độc lập nếu có bất kỳ câu hỏi nào. Mọi dữ liệu và thông tin được cung cấp ’nguyên trạng’ chỉ nhằm mục đích cung cấp thông tin, không nhằm mục đích giao dịch hoặc tư vấn. Hiệu suất trong quá khứ không thể hiện kết quả tương lai.