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NEWS & ANALYSIS POSTS

Technical Analysis:Your Daily Dose of Market Insights, June 15, 2023

Key events this week:

- European Central Bank President Christine Lagarde holds a press conference following the rate decision on Thursday.


- US initial jobless claims, retail sales, empire manufacturing, business inventories, and industrial production data will be released on Thursday.


- Bank of Japan rate decision will be announced on Friday.

 

Headlines:

1. Fed Pauses Rate Hikes: Assessing Future Tightening Possibilities

2. Tesla's Winning Streak Ends, New Zealand Enters Recession

3. ECB Fights Inflation with Rate Hike, Despite Eurozone Stagnation

4. BOJ Rate Decision: Yen Weakens as Traders Shift Focus

5. Market Reactions to Fed's Pause: Asian Stocks Gain, Dollar Strengthens

 

Dollar Index (DXY) Intraday:


Pivot Level: 103.00


Dollar Index DXY Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Gold Intraday:


Pivot Level: 1948.78


Gold XAU/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/JPY Intraday:


Pivot: 139.88

.

USD/JPY  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

AUD/USD Intraday:


Pivot: 0.6796


AUD/USD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Crude Oil (WTI)‎ Intraday:


Pivot: 68.97


WTI Crude oil,  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

USD/CAD Intraday:


Pivot: 1.3317



USD/CAD  Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/USD Intraday:


Pivot: 1.083


EUR/USD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

GBP/USD Intraday:


Pivot: 1.266


GBP/USD Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

EUR/GBP Intraday:


Pivot: 0.8553


EUR/GBP Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.

Nasdaq 100 Intraday:


Pivot: 14,935.00


Nasdaq 100 stock index Bar chart showing forex and commodities prices, green/red candles depict daily trading trends. Includes moving average, Bollinger bands, and RSI.


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