USDJPY remains on the defensive on Friday and is pressured by a combination of factors. Stronger domestic inflation numbers support the JPY and offer some support for the pair. The low demand for dollars also acts as a headwind, although the fall continues to be cushioned. The pair USDJPY comes under some selling pressure on […]
Joshua
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
EURUSD Price Analysis: Key target aligns at 200-day SMA
EURUSD tries to consolidate near 1.0400. The target for the upside is the 200-day SMA at 1.0411. The EURUSD it remains oscillating and manages to resume some upward rhythm and leave Thursday’s drop behind. The continuation of the recovery depends on the breach of the 200-day SMA, today in 1.0411. Once that region is broken, […]
Wall Street Today (S&P 500) (Nasdaq): Retailers remain strong as stocks rally again
This is what you need to know to trade today, Friday, November 18: Stock markets pulled back on Thursday, but the moves were actually better than what Fed member James Bullard seemed to be aiming for with his 5% to 7% rate projections. Yields rose, and have remained largely elevated ever since, but the dollar […]
USDMXN rises for the second day, cannot exceed 19.50
The dollar, with mixed results, strengthens in the run-up to the American session. Disgruntled markets: Wall Street rises, oil plunges. USDMXN rises on Friday, but without exceeding 19.50. USDMXN is rising on Friday for the second day in a row and remains below 19.50. The pair remains with a bearish bias without significantly moving away […]
US Dollar Index Price Analysis: 200-Day SMA Remains Down…for Now
The DXY holds up the chopp well so far this week. A loss of the 200-day SMA near 105.00 could accelerate losses. The US Dollar Index (DXY) It is trading inconclusively above 106.00 at the end of the week. The index appears to have entered a consolidation phase so far this week. That being said, […]
NZDUSD approaches multi-month highs again, 0.6200 back in sight
The NZDUSD receives new offers on Friday amid the appearance of some dollar selling. A modest decline in US bond yields and a positive risk tone weigh on the dollar. The pair continues to record strong gains for the fifth week in a row. The NZDUSD pair regains positive traction on Friday and builds on […]
Oil: WTI falls to six-week lows
Oil prices extend weekly decline on Friday. Rise in equity markets does not help black gold. WTI on track for lowest daily close since late September. The oil prices they are falling more than 2% on Friday, in a day where equity markets rise and the dollar remains on the defensive. The WTI barrel operates […]
EURJPY Price Analysis: Next target remains at 147.00
EURJPY reverses direction after two straight daily gains on Friday. If it continues to rise, it is expected to find resistance around 147.00. EURJPY is giving up some ground after a previous bullish attempt, to the 145.50 zone at the close of the week. If the corrective bounce deepens, the cross should face initial resistance […]
USDJPY fails to assert itself above 140.00
The dollar trades with mixed results on Friday. The yen rises modestly on a calm day. USDJPY sideways, between important technical levels. USDJPY is falling on Friday and bottomed at 139.63, before bouncing towards 140.00. The pair fails to establish itself above 140.00 and maintains a lateral direction, in a day without major price variations […]
S&P 500: Markets rise at the close of the week, the dollar somewhat weak
Equity markets rise in Europe, Wall Street futures in the green. New minimums in weeks for oil prices. The mixed dollar, the kiwi the best among the G10. Markets are trading in the green on Friday, in a generally calm day. The dollar is mixed, while oil remains downhill and metals rise modestly. No impact […]
