Technical analysis for USCrude, XAUUSD, and EURUSD today (22 August 2024)

2024.08.22 2024.08.22 Short-term Analysis for Oil, Gold, and EURUSD for 22.08.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to trade in a short-term…

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Daily Broad Market Recap – August 21, 2024

Just when it seemed that the Greenback was in recovery mode, it chalked up another day in the red thanks to a couple of major catalysts. How did the rest of the markets fare? Here are the headlines and economic updates you need to know: Headlines: Japanese July trade deficit narrowed from 0.82T JPY to 0.76T JPY vs. expected…

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Germany August flash manufacturing PMI 42.1 vs 43.5 expected

Prior 43.2 Services PMI 51.4 vs 52.3 expected Prior 52.5 Composite PMI 48.5 vs 49.2 expected Prior 49.1 German business activity continues to contract in August and the services sector is also starting to weaken further in Q3. The contrast highlights how much of the boost in France owes to the Paris Olympics. In any case, this just reaffirms…

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Chart Art: Make Or Break Support Area For USD/CAD

USD/CAD is poppin’ up red candlesticks just below a key technical support area! Are we looking at a breakout in the making? Or are dollar bulls about to stomp in and say, “Not today, bears!”? USD/CAD Daily Forex Chart by TradingView The U.S. dollar is down bad in August, thanks to U.S. data releases and FOMC member speeches supporting…

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ForexLive Asia-Pacific FX news wrap: USD/JPY tracks an 80 points range

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Event Guide: U.K. Flash PMI Reports (August 2024)

Heads up! The U.K. is releasing its August Flash PMIs tomorrow! What are the markets expecting and how could the releases affect British pound sentiment this week? We have the points you need if you’re trading the releases! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience…

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Japan Foreign Investment in Japan Stocks declined to ¥-47.9B in August 16 from previous ¥521.9B

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…

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