Preview Mode

Search Directory
Search Directory
  • Add
    Company
Home
> Forex Brokers
> Bulls Capital Markets
> Market Updates with analysis by Bulls Capital Markets
Disclaimer

Market Updates with analysis by Bulls Capital Markets

Bulls Capital Markets

Disclaimer

USD/JPY:
USD/JPY rejected at 124.07
The US dollar index, measuring the relative strength of the greenback against a basket of six major currencies trades -0.36% lower at fresh session lows of 95.25. Earlier in Asia, the major remained unperturbed by eventless BOJ minutes which echoed the same old tune that the QQE is having its intended effects and the BOJ will adjust policy if needed.

Technical Levels: To the upside, the next resistance is located 124.19 (June 23 High) levels and above which it could extend gains 124.45 (June 16 High) levels. To the downside immediate support might be located at 123.32 (June 23 Low) below that at 123 levels.

XAU/USD: Gold prices in terms of US dollar (XAU/USD) extended losses for the third straight session on Tuesday, dropping to fresh weekly lows at 1176.15 before recovering slightly 1178.72 at close. Gold dropped sharply on the back of strengthening US dollar following solid US housing data and hawkish comments from Fed official Powell urging for a rate hike as early as Sept.

Source: https://www.bullscapitalmarkets.com/forex-daily-newsletter/free-forex-signals.php
Disclaimer
Financial and Business News

Follow Us

Looking for a Service?

Looking for a Service?

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 cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: Finance Magnates™ is not an investment advisor, Finance Magnates™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and Finance Magnates™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Finance Magnates™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing. Copyright © 2024 "Finance Magnates CY Ltd." All rights reserved.
For more information, read our Terms, Cookies and Privacy Notice Manage Cookies

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}