FVP Trade

🚀The USD/MXN price is hovering near the highest point since March this year after Mexico published strong consumer inflation data.

What Next For USD/MXN After Sudden Surge in Mexican CPI - FVP Trade The USD/MXN price is hovering near the highest point since March this year after Mexico published strong consumer inflation data. The pair is trading at 20.6157, slightly below this week’s high of 20.78.

🚀Below 19.50 USD, a Silver (XAG/USD) Recovery Remains Difficult.

Below 19.50 USD, a Silver (XAG/USD) Recovery Remains Difficult - FVP Trade After exhibiting sluggish movements over the previous two days, XAG/USD regains its intraday high at 19.30 USD. Even so, throughout the Asian trading session today, the precious metal is still trading below the prior crucial support, which is now resistance.

📈GBP/USD at risk of further losses.

GBP/USD at Risk of Further Losses - FVP Trade The British Pound, US Dollar pair started to decline from the 1.2400 resistance level. GBP/USD traded below support at 1.2200 and continued bearish.

📈West Texas Intermediate (WTI) Hits Biggest Daily Loss in Four Months Around 99.00 USD

West Texas Intermediate (WTI) Hits Biggest Daily Loss in Four Months Around 99.00 USD - FVP Trade In the Asian trading session today, WTI crude oil increased bids to 99 USD as it reverses the largest daily loss since March. As supply-crunch concerns were overwhelmed by fears of a recession, the black gold experienced the greatest loss while resetting the three-month low.

📈Could the Japanese Yen Be Starting To See Signs Of Recovery?

Could the Japanese Yen Be Starting To See Signs Of Recovery? - FVP Trade 2022 turned out to be the year of the JPY pairs breakout. The yen’s depreciation against its peers continues, with many traders seeing the move already as overextended.

📈In a Cautious Market, AUDUSD Continues Losses Towards Critical Support Around 0.6855.

In a Cautious Market, AUD/USD Continues Losses Towards Critical Support Around 0.6855 - FVP Trade After failing to maintain the modest rally in the 0.6930 zone, the AUDUSD is currently trading around 0.6900. As traders continue to worry about the possibility of a worldwide recession, the USD is experiencing new demand for the resumption of risk-off flows during today's Asian trading session.

📈How Much Longer Can The NZD/USD Remain In Its Bearish Trend?

How Much Longer Can The NZD/USD Remain In Its Bearish Trend? - FVP Trade The NZD/USD price continued its bearish trend as investors focused on the weak consumer confidence and strong New Zealand trade data. The pair slipped to a low of 0.6240, which was the lowest level since June 16th of this year.

📈The crude oil price could decline further.

Read more: https://fvptrade.com/the-crude-oil-price-could-decline-further/