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Top News In தொழில்நுட்ப ஔட்‌லுக் Today - Breaking & Trending Today

Silver Price Outlook: XAG/USD Rises Ahead of Yellen Testimony, More to Go?

Silver prices are climbing as US Dollar strength appears to be waning ahead of Treasury Secretary nominee Janet Yellen’s Senate confirmation hearing. ....

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US Dollar Technical Outlook: USD/SGD, USD/TWD, USD/THB, USD/IDR

US Dollar Technical Outlook: USD/SGD, USD/TWD, USD/THB, USD/IDR
2021-01-15 03:00:00
Daniel Dubrovsky,
Strategist
US Dollar, USD/SGD, USD/TWD, USD/THB, USD/IDR – ASEAN Technical Analysis
US Dollar weakness slows against ASEAN currencies, downside bias holds
USD/SGD break above wedge lacking follow-through, keep a close eye on it
USD/TWD at support, USD/THB eyes triangle, USD/IDR trendline in focus
Singapore Dollar Technical Outlook
The US Dollar is attempting to break above a bullish Falling Wedge chart pattern against the Singapore Dollar noted last week. Thus far however confirmation has been lacking as USD/SGD struggled to climb through the February – June 2018 inflection zone between 1.3311 and 1.3339. Further losses from here may overturn the reversal implications of the wedge, with downtrend resumption entailing a drop through early January lows. The 50-day Simple Movin ....

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Silver Price Outlook: Falling Treasury Yields Support XAG/USD

Silver Price Outlook: Falling Treasury Yields Support XAG/USD
2021-01-13 00:00:00
Thomas Westwater,
Analyst
Silver, Treasury Yields, Political Turbulence - Talking Points
Wall Street traders move into small-cap stocks as economic bets improve
U.S. political fallout from Capitol Hill riot continues with impeachment efforts
Silver moves higher as US Dollar pulls back, but steep losses on the week remain
The New York trading session experienced a choppy day as Wall Street traders mulled over rising Treasury yields, political fallout from last week’s Capitol Hill chaos and increasingly optimistic inflation bets. The S&P 500 and Dow Jones notched small wins at 0.04% and 0.19%, respectively. Technology stocks continued to struggle – likely a result of increased regulatory scrutiny concerns amid the ongoing fallout from last week’s attack in Washington D.C. – with the Nasdaq 100 index dropping 0.08%. ....

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USD Technical Analysis: DXY Bounce May be Short-lived, Euro Testing Support

USD Technical Analysis: DXY Bounce May be Short-lived, Euro Testing Support
2020-12-21 13:30:00
Paul Robinson,
Strategist
US Dollar Technical Outlook:
Euro, 57% of DXY, testing trend-line support
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The US Dollar Index (DXY) is catching a bid today as the coronavirus rears its ugly head and pushes global stock markets lower and U.S. index futures down with them. Oil and other risk sensitive assets are reacting as well. But will it last?
We have seen coronavirus headlines of varying levels of seriousness over the months impact markets in both a positive and negative way, but the negative headlines have typically lead to more knee-jerk type reactions. This could once again be the case. ....

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US Dollar Technical Outlook: DXY Set Up for More Selling

US Dollar Technical Outlook: DXY Set Up for More Selling
2020-12-15 13:30:00
Paul Robinson,
Strategist
US Dollar Technical Outlook:
The 2018 low appears at risk in the coming weeks
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The US Dollar Index (DXY) has been treading water lately after dropping through the September low to its worst levels since 2018. That looks set up to continue with the weak price action we have been seeing in recent trade.
The two week horizontal price action should at least lead to a short-term move that will continue to trek towards the 2018 low at 88.25. With how trading has been going lately, that feels like a good distance lower. However, we could see a bit of acceleration given no real big support is around until then. ....

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