Novinky

Friday’s US hot inflation reading triggered a flight to safe-haven currencies like the greenback, and precious metals fell. The 2s-10s US Treasury yield curve inverted during the day as a recessionary scenario looms. The CME FedWatch Tool shows that the odds of a 75 bps increase in the June meeting lie around 34%. Gold Price

EUR/JPY drops to 10-day lows under 140.00

Euro under pressure, yen soars on risk aversion. Dow Jones tumbles 2.60%, US yields print multi-year highs. EUR/JPY drops almost 500 pips in three days. The decline of EUR/JPY from multi-year highs gained speed on Monday and tumbled under 140.00. From last week highs, it has fallen 500 pips Reversal points to more losses The

Gold Price Forecast: XAUUSD to suffer substantial downside pressure on a break below $1,810 – TDS

Gold bugs beware – a technical breakdown could be the catalyst needed to squeeze a massive amount of complacent length in the yellow metal, according to strategists at TD Securities. Growing valuation gap between gold and real rates to exacerbate the repricing lower “The trading bias is still to the downside, but participants are still

WTI dips but remains well supported near-$120 despite risk-off conditions, China lockdown worries

WTI is a little lower but still trading near $120, weighed slightly amid risk-off conditions and China lockdown worries. Weak US data, a surprisingly hawkish Fed and tough restrictions in China could combine to send WTI towards its 21DMA. Though still a little lower on the day, oil prices pared the bulk of

AUD/USD drops over 1.5% to low-0.6900s as risk assets crater on Fed tightening/recession/China lockdown fears

AUD/USD cratered into the low-0.6900s on Monday, down over 1.5% on the day and over 4.0% lower in four days. The pair is being battered by risk-off flows as markets price a more hawkish Fed and potential recession. China lockdown fears are also hurting the pair, with bears eyeing a near-term test of support

Silver Price Analysis: XAG/USD plummets to one-month low, seems vulnerable near 61.8% Fibo.

Silver met with aggressive supply near the $22.00 confluence resistance on Monday. The technical set-up favours bearish traders and supports prospects for further losses. Sustained strength beyond the $22.00 mark is needed to negate the bearish outlook. Silver extended its rejection slide from the $22.00 confluence hurdle and dropped to a near one-month low, around the

GBP/USD to hit new lows for the year if the BoE delivers a cautious message – Scotiabank

GBP/USD has dropped below 1.22 after disappointing GDP data ahead of the Bank of England’s (BoE) decision on Thursday. A cautious stance from the “Old Lady” could send cable to new lows for the year, economists at Scotiabank report. BoE may allude to an eventual pause in rate hikes “Further to the USD rally on

USD/CAD: Loonie unlikely to revert current greenback’s strength – Scotiabank

The CAD is trading defensively against the strengthening USD. Economists at Scotiabank expect the loonie to continue at the mercy of the current US dollar’s force. The risk of a push on to 1.2950/1.30 has risen “The CAD slide looks excessive from our point of view, given the strength of the domestic economy, the BoC’s

GBP/USD: Scope for a move to 1.2072/17 and below – Credit Suisse

GBP/USD has fallen aggressively. Analysts at Credit Suisse stay tactically bearish, with next key supports at 1.2157/50, then 1.2072, which is certainly not viewed as a floor. Resistance moves to 1.2431/39 “Next key support is seen at the recent lows at 1.2167/57, which we expect to be broken fairly imminently, with short-term daily MACD momentum

EUR/USD eyes its year-to-date low of 1.0350 – Scotiabank

EUR/USD drops to mid-1.04s. Economists at Scotiabank expect the pair to extend its decline toward the year-to-date low of 1.0350. EUR/USD ends its two-week consolidation period “Risk-off sentiment, widening core-periphery spreads, a more hawkish Fed, and Eurozone growth concerns will likely offset augmented ECB hike bets in the near-term and keep the EUR on the

Gold Price Analysis: XAU/USD slumps $30 to low $1840s, tests 200DMA as hawkish Fed bets weigh

Gold has slumped back to test its 200DMA in the low-$1840s having at one point tested its 50DMA near $1880. Fed tightening bets have amped up since last Friday’s hot US CPI, hurting gold via higher yields/a stronger buck. The Fed policy announcement on Wednesday is this week’s main event. With investors

S&P 500 Index to plummet towards 3505 on a clear break below 3815 – Credit Suisse

The S&P 500 has seen a further sharp fall and gap lower following the CPI release on Friday. Economists at Credit Suisse look for a clear and sustained break below support at 3815 for a fall to the 50% retracement of the 2020/2021 uptrend at 3505. Resistance moves to 3943 initially “We look for a

Novinky

Gold Price Forecast: XAU/USD tanks from daily highs and trades below the 200-DMA at around $1820s

EUR/JPY drops to 10-day lows under 140.00

Gold Price Forecast: XAUUSD to suffer substantial downside pressure on a break below $1,810 – TDS

WTI dips but remains well supported near-$120 despite risk-off conditions, China lockdown worries

AUD/USD drops over 1.5% to low-0.6900s as risk assets crater on Fed tightening/recession/China lockdown fears

Silver Price Analysis: XAG/USD plummets to one-month low, seems vulnerable near 61.8% Fibo.

Vzdělání

Technická analýza

CAD FX Futures (CME) Intraday: the downside prevails.

on 14 června 2022, in Technical Analysis

Pivot: 0.7819 Our preference: short positions below 0.7819 with targets at 0.7749 & 0.7737 in extension. Alternative scenario: above 0.7819 look for further upside with 0.7840 & 0.7856 as targets. Comment: the RSI is mixed to bearish. Supports and resistances:0.7856 0.7840 0.7819 0.7781 Last0.7749 0.7737 0.7713

GBP FX Futures (CME) Intraday: the downside prevails.

on 14 června 2022, in Technical Analysis

Pivot: 1.2260 Our preference: short positions below 1.2260 with targets at 1.2110 & 1.2070 in extension. Alternative scenario: above 1.2260 look for further upside with 1.2300 & 1.2330 as targets. Comment: the RSI shows downside momentum. Supports and resistances:1.2330 1.2300 1.2260 1.2227 Last1.2110 1.2070 1.2040

USD/ZAR intraday: as long as 15.7710 is support look for 16.0970

15.7710 is our pivot point. Our preference: as long as 15.7710 is support look for 16.0970. Alternative scenario: below 15.7710, expect 15.6510 and 15.5790. Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its

USD/SGD intraday: the upside prevails as long as 1.3848 is support

Our pivot point is at 1.3848. Our preference: the upside prevails as long as 1.3848 is support. Alternative scenario: below 1.3848, expect 1.3815 and 1.3796. Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20

NZD/USD intraday: rebound towards 0.6421

Our pivot point stands at 0.6329. Our preference: rebound towards 0.6421. Alternative scenario: below 0.6329, expect 0.6294 and 0.6274. Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively

NZD/JPY intraday: rebound towards 86.50