USD/JPY

Key events:          USA - Initial Jobless Claims USA - PPI (MoM) (Oct)     USA - Crude Oil Inventories USA - Fed Chair Powell Speaks The S&P 500 inched up Wednesday as Treasury yields rebounded from session lows, despite inflation data coming in as expected, keeping a potential December rate cut in play. The Dow Jones Industrial Average rose by 47 points (0.1%), the S&P 500 gained a slight 0.02%, while the NASDAQ Composite dipped by 0.2%.

Key events:  Japan - BoJ Press Conference                             USA - Core PCE Price Index (MoM) (Jun)              USA - Core PCE Price Index (YoY) (Jun) On Thursday, the Dow Jones Industrial Average was poised to break its longest winning streak in 36 years, indicating that Wall Street's tech-driven rally is expanding to encompass a broader range of the stock market.

Key events: USA - Core PCE Price Index (MoM) (Mar) Canada - GDP (MoM) (Feb) Although there have been a number of positive earnings announcements, European markets have faced difficulties gaining momentum yesterday following yesterday's losses. However, there has been some minor buying activity in certain crucial sectors, with consumer staples and financials receiving a boost from strong company updates. The FTSE100 has not performed as well, mainly due to underperformance in the energy sector and weakness in BP and Shell.

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Choosing which assets to use in the forex market is not the easiest task, especially for beginners, because even the most popular currency pairs are not always amenable to analysis. Nevertheless, using the most liquid pairs as the base and quoted pairs is the most reasonable option for working on the exchange. Let us find out what aspects one should pay attention to while choosing the best assets to trade, as well as learn the most tradable currency pairs in forex trading.

Key events:       UK – CPI (YoY) (Dec) Eurozone – CPI (YoY) (Dec) USA – Core Retail Sales (MoM) (Dec) PPI (MoM) (Dec)   Retail Sales (MoM) (Dec) The dollar is getting stronger against the euro and stable against the pound sterling in the course of trading on Wednesday. The Japanese yen is getting cheaper amid the results of the Bank of Japan meeting.

Investors rely on a variety of tools in an attempt to determine the current and future state of the market. This set includes synthetic ones, such as stock indices, which allow evaluating the situation as a whole, without losing time analyzing a multitude of individual assets. Among the many indices used in the stock market, the dollar index stands out. What is it and how to use it in investments?

Support and resistance levels are the basic concepts of technical analysis. Strategies based on technical analysis are built on psychological and mathematical patterns of previous periods. One such pattern is resistance and support levels, which determine the marks of the most probable change in price direction or confirmation of trend continuation. They can be used both by new traders and experienced investors. In this article, we will learn what support and resistance lines are, how to draw them correctly, as well as how to apply this knowledge to real trading.

Key events: UK - GDP (MoM) UK - Manufacturing Production (MoM) (Jul) UK - Monthly GDP 3M/3M Change