The situation in the currency markets is uncertain. Investors are waiting for the speech of the head of the Fed Jerome Powell, and the Fed’s members Bostic, Barkin, Brainard and Williams. Investors are also waiting for comments from the head of the Bank of England Bailey and the governor …
The dollar against the yen is hovering around the EMA50, and we note that the stochastic indicator is losing its positive momentum, approaching the overbought areas, which supports the chances of continuing the expected bearish trend in the intraday term, waiting for the visit of 107.70 as a first main …
The Australian dollar versus the US dollar opens the trading day with a noticeable negativity, moving away from 0.7765, which supports expectations of the continuation of the bearish corrective trend, which its next target is at 0.7615.
The stochastic oscillator is providing negative signs that support the expected negative scenario, …
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