EURUSD parity under threat again
EURUSD charts potential continuation pattern on the daily timeframe.
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EURUSD charts potential continuation pattern on the daily timeframe.
USDOLLAR short-term analysis - 31 August 2022
The pair remains supported after as markets contemplate the recent hawkish rhetoric from the two central banks, but can’t escape parity
Rate adjustments will likely influence USDOLLAR as Fed Chair delivers his speech today.
The EURUSD shows bearish signs today despite the ECB signalling further rate hikes. The ECB may have a limited degree to move.
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The market is pricing in a tight policy. However, the Fed pivot is still possible, making for a fascinating Jackson Hole symposium.
GBPUSD hourly shows weakness ahead of the US session
Gold has charted an ascending wedge on its hourly time frame.
The EURUSD's downside momentum is strong. This drive suggests that parity won't hold for much longer.
The USDOLLAR was exceptionally strong last week. There are reasons to believe that this is set to continue.
The Turkish Central Bank has cut rates by 100bps in an inflationary environment.
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