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  • Oil prices crushed overnight Oil prices fell heavily overnight as the Fed stability report high ..
  • USDCAD moves up to test swing highs for the week The USDCAD price has seen upside momentum in the North American session after the US/Canada job combination this morning….
  • Nevertheless, the price is higher (although it’s trading nearer lows for the day).
  • Action Forex aims to empower individual forex traders to professional trading.
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Interestingly, a countertrend appears on the 14 day relative to the 90 day timeframe appears for NZDJPY, EURNOK, EURNZD, CHFJPY, GBPJPY, EURTRY and NZDCHF. Trading against the 14 day trend in favor of the 90 day trend may be an opportunity some traders would favor on these pairs. The chart below summarizes the price news by Forex currency, showing which currency strengthened vs which weakened when equally averaged against other currencies. Of note is that MXN was the outperformer for the day, changing by 0.46%. Over the past hour, EURNOK stands out as the biggest mover in the forex asset class on a percentage basis, decreasing -195 pips (-0.19%).

Nothing Stops Yen Slide, Falls To Fresh 20 Year Low

It has a deep pool of assets, multiple platforms, copytrading, and other customizable features. That makes AvaTrade perfect for strong-minded, creative traders. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For more forex news beyond what is offered on CFDTrading, check out Forex Factory, FX Empire, and ForexLive. For the latest stories on specific currency pairs, try the articles below. It was a dismal week for the Japanese yen, as USD/JPY climbed for an eighth successive week.

forex news

Axie Infinity price is traversing a massive top reversal pattern on the three-day chart. The https://www.forex.com/ recent crash is a taste of things to come for the massively inflated market value for AXS.

Us Open: Stocks Tumble On Global Growth Concerns, China’s Lockdown

Gold prices open marginally higher this morning on the back of yesterday’s drop, while reduced .. U.S. stock futures pointed higher Tuesday, moving upwards after three days of heavy selling on .. USDCAD moves up to test swing highs for the week The USDCAD price has seen upside DotBig momentum in the North American session after the US/Canada job combination this morning…. By Geoffrey Smith Investing.com — The European Union should seize Russia’s foreign exchange reserves to pay for the reconstruction of Ukraine, the EU’s top diplomat said in an…

forex news

By Gina Lee Investing.com – The dollar was up on Friday morning in Asia, set for a fifth winning week ahead of the latest U.S. jobs report that will likely set the stage for… USDJPY trades up and down The USDJPY is seeing up and down price action today. Nevertheless, the price is higher (although it’s trading nearer lows for the day). Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as China Growth Disappoints The Pound Australian Dollar (GBP/AUD) exchange https://activerain.com/blogsview/5725992/dotbig-ltd-review–why-trade rate is soaring today amid a sharp fall to Chinese… Similar to USD/CAD, the Australian dollar is on the verge of a break that could have big implications for the global growth picture. By Chuck Mikolajczak NEW YORK – The U.S. dollar reached a new 20-year high on Monday as risk-off sentiment stemming in part from concerns over the Federal Reserve’s… The high earlier in the day briefly clipped 6.74 before a tumble back down to 6.69 in the past few hours.

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