Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
AceTraderFx : Daily Recommendations on Major
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AceTRaderForex, post: 195347, member: 22847"] [B]AceTraderFx [COLOR=darkred]May 14: [/COLOR] AceTraderFx May 14: Daily Recommendations on Major –USD/JPY [ATTACH type="full"]18430[/ATTACH] DAILY MARKET OUTLOOK on Major[/B] Update Time[B]: 14 May 2021[/B] [I]09:30GMT[/I] USD/JPY - 109.28 Despite the greenback's rally on Wednesday on the release of upbeat U.S. inflation data to a 1-month peak at 109.78 yesterday, intra-day retreat suggests the upmove from March's bottom at 107.49 has possibly made a temporary top there and choppy trading with downside bias would be seen, however, 108.98/05 should remain intact and yield another rebound early next week. On the upside, only above 109.65 would revive bullishness for a re-test of said resistance, break would head to 110.05/10 before prospect of correction. T.G.I.F., however, U.S. will later release a slew eco. data (pls refer to our EI page for details) which are expected to move the buck. Plesse pay attention to retail sales, industrial production n later University of Michigan consumer confidence, a higher-than-expected reading on these data vs forecast will give usd a boost. Dallas Fed President Kaplan (non-voter) will speak at 17:00GMT. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…