Forex Traiding

Analysis of EUR / USD. the 14 th of July. The dollar can no longer rise. Markets await Jerome Powell's speech to Congress

Alen Woid
By
July 14, 2021
[ad_1] The wave counting on the 4-hour chart for the Euro / Dollar instrument remains rather ambiguous. A new departure of quotations from the lows reached again allows us to assume that the downward wave c, and with it the entire downward trend segment, is over. Only now the supposed wave c has assumed a five-wave form, as I had assumed yesterday. Thus, the fact that the instrument continues…
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Forex Traiding

The dollar continued to fall after the publication of the producer price index

Alen Woid
By
July 14, 2021
[ad_1] June US producer price data was released at 8:30 am ET. After that, the American currency continued to fall against its main competitors. So at around 8:33 am ET, the dollar was worth 110.22 against the yen, 1.1818 against the euro, 1.3882 against the pound and 0.9169 against the franc. Source: InstaForex Message The dollar continued to fall after the publication of the producer price…
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Forex Traiding

Reserve Bank surprised investors again

Alen Woid
By
July 14, 2021
[ad_1] RBNZ surprised market participants again today. It should be noted that the Reserve Bank of New Zealand “knows how to surprise”, although this quality does not characterize the Central Bank on the positive side. A weak level of communication, as a rule…
Forex Traiding

The balance of power between buyers and sellers has dragged on. The roundabout is close, Powell is launching fireworks

Alen Woid
By
July 14, 2021
[ad_1] The new portion of US inflation data deserves not only attention, but also comments. If earlier Jerome Powell calmed the markets and he succeeded, then this time everything can be different. High values ​​of inflation for three months in a row and the confidence that the acceleration of prices will not end there, raise doubts about the reasonableness of the decisions of the American…
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