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USD/JPY Post-NFP Rebound Puts June Opening Range in Focus
The post-NFP rebound puts the opening range for June in focus as USD/JPY snaps the series of lower highs and lows from earlier this week.
EUR/USD Forecast: All Eyes on Euro Area CPI, US Jobs Report
Key data prints coming out later this week may sway EUR/USD as both the ECB and FOMC continue to combat inflation.
USD/JPY post-NFP recovery puts US CPI in focus
Data prints coming out of the US may continue to sway USD/JPY as the update to the Consumer Price Index (CPI) is anticipated to show sticky inflation.
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USD/CAD reverses ahead of April high with monthly open in focus
The monthly opening range is in focus for USD/CAD as it appears to be reversing ahead of the April high (1.3668).
EURUSD struggles to test yearly high ahead of NFP report
The US Non-Farm Payrolls (NFP) report may drag on EUR/USD as the update is anticipated to show another rise in employment.
Gold price forecast: RSI flirts with overbought territory
The price of gold may attempt to test the 2020 high ($2075) as the Relative Strength Index (RSI) flirts with overbought territory.
USD/JPY struggles to trade back above 50-Day SMA ahead of NFP
USD/JPY may give back the rebound from the March low (129.65) as it struggles to trade back above the 50-Day SMA (132.99).
USD/JPY outlook mired by failure to test December high
USD/JPY appears to be reversing ahead of the December 2022 high (138.18) as it fails to hold above the 200-Day SMA (137.47).
EUR/USD takes out February low ahead of US jobs report
Developments coming out of the US may keep EUR/USD under pressure as the Non-Farm Payrolls (NFP) report is anticipated to show another rise in employment.
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