The dollar hit a fresh 38-year high against the yen, with investor speculation high that authorities in Japan could intervene to strengthen the Japanese currency, while global stock indexes were mixed.
The Dollar rose 0.6% against the Yen in the last trading session. According to the Ultimate Oscillator, we are in an overbought market.
USD/JPY gained 0.6% in the last session.
The Ultimate Oscillator points to an overbought market.
Support: 158.9467 | Resistance: 160.1767
Meta shares rose 2.7% in the last session. The Stochastic-RSI is giving a positive signal.
Meta’s stock rose 2.7% in the last session.
The Stochastic-RSI is giving a positive signal.
Support: 486.926 | Resistance: 513.718
The U.S. dollar rose, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the world’s largest economy, both suggesting that the central bank will not be in a rush to kickstart its rate-cutting cycle.
Gold prices slipped, hurt by an uptick in the dollar and Treasury yields as investors awaited U.S. inflation data due later this week that could provide cues on the timing of interest rate cuts by the Federal Reserve this year.
The Gold-Dollar pair fell 0.4% in the last session. The MACD is giving a positive signal.
The last session saw XAU fall 0.4% against USD.
The MACD is currently in positive territory.
Support: 2310.7927 | Resistance: 2346.0827
The Bitcoin-Dollar pair plummeted 5.8% in the last session. The Stochastic-RSI indicates an oversold market.
BTC/USD plummeted 5.8% in the last session.
The Stochastic-RSI is signalling an oversold market.
Support: 624061 | Resistance: 650601
The Aussie-Dollar pair gained 0.3% in the last session. The Williams indicator is giving a positive signal.
AUD/USD gained 0.3% in the last session.
The Williams indicator is giving a positive signal.
Support: 0.6621 | Resistance: 0.666
