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NEWS & ANALYSIS POSTS

Technical Analysis:Your Daily Dose of Market Insights, June 12, 2023

Bulletin:

- Asian shares start cautiously as investors await central bank meetings and U.S. inflation data.

- Reserve Bank of Australia and Bank of Canada rate hikes raise concerns of a more hawkish stance from the Federal Reserve.

- Citi suggests the Fed may need to tighten further to curb inflation.

- Investors more confident in ECB rate hike, while uncertain about Fed's decision.

- Bank of Japan expected to maintain loose monetary policy and forecast moderate economic recovery.

- Turkish lira hits all-time low.

- U.S. and Brent crude decline due to disappointing China economic data.

- Spot gold and gold futures experience slight drops.

 

CHUMP PROFIT Technical Outlook and Review

 

Dollar Index (DXY) Intraday

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

Gold Intraday

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:

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:

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:

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:

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:

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

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:

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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