Majors
EUR/USD: SHORT AT 1.2435 FOR 1.2289 OBJECTIVE, STOP 1.2507
USD/JPY: LONG AT 117.70 FOR 119.84 OBJECTIVE, REVISED STOP 117.03
GBP/USD: SHORT AT 1.5725 FOR 1.5522; STOP AT 1.5745
USD/CHF: LONG AT .9655 FOR .9818 OBJECTIVE, STOP .9605
AUD/USD: SELL AT .8566 FOR .8315, STOP AT .8624
USD/CAD: BUY AT 1.1200 FOR 1.1403 STOP AT 1.1145
Crosses
EUR/JPY: SELL AT 147.72 FOR INITIAL 145.59 OBJECTIVE, STOP 148.45
EUR/GBP: SELL AT .7955 FOR .7799; STOP AT .8010
EUR/CHF: SHORT AT 1.2080 FOR REVISED 1.2006; STOP AT 1.2042
EUR/CAD: SHORT AT 1.4025 FOR 1.3790 STOP AT 1.4125
GBP/JPY: LONG AT 185.50 FOR 188.50; STOP AT 184.45
NZD/USD: SELL AT .7840 FOR .7660; STOP AT .7915
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EUR/USD extends gains above 1.0700, focus on key US data
EUR/USD meets fresh demand and rises toward 1.0750 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
USD/JPY keeps pushing higher, eyes 156.00 ahead of US GDP data
USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday.
Gold closes below key $2,318 support, US GDP holds the key
Gold price is breathing a sigh of relief early Thursday after testing offers near $2,315 once again. Broad risk-aversion seems to be helping Gold find a floor, as traders refrain from placing any fresh directional bets on the bright metal ahead of the preliminary reading of the US first-quarter GDP due later on Thursday.
Injective price weakness persists despite over 5.9 million INJ tokens burned
Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price.
Meta takes a guidance slide amidst the battle between yields and earnings
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