Talking Points: The US, France and UK have attacked targets which they say are part of Syria’s chemical weapons program Markets had been trading all week as though some sort of action was likely Currencies like the Australian Dollar may come under pressure with the likes of the Japanese Yen likely to benefit Join our […]
Read moreThe US dollar ended the week rather soft, gaining on safe currencies, but falling against other peers, commodity currencies in particular. Risk aversion abated on markets as the trade war between the United States and China was not escalating. In fact, China increased imports from the USA last month. That led to lower demand for currencies considered to be a safe haven, allowing the dollar to gain on the Japanese yen and the Swiss franc. The minutes […]
Read moreEUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2124 1.2192 1.2261 1.2329 1.2397 1.2465 1.2533 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2192 1.2261 1.2329 1.2397 1.2465 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
Read moreEUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2124 1.2192 1.2261 1.2329 1.2397 1.2465 1.2533 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2192 1.2261 1.2329 1.2397 1.2465 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]
Read moreFundamental Forecast for CNH: Neutral China’s Foreign Minister will attend the China-Japan Economic Dialogue in Tokyo, after it suspended for 8-years. China has been strengthening connections with other neighbouring countries since the end of March. China will release 2018’1Q Gross Domestic Product as well as March Fixed Assets Investments. How to trade news? Learn with […]
Read moreFundamental Forecast for USOIL: Bullish Talking Points: Crude set for biggest weekly gain since July on escalating geopolitical risks, demand premium EIA data took a back seat to geopolitical risks that took Crude to highest levels since Dec. 2014 Per BHI, U.S. Oil Rig Count rises 7 to 815, US Total Rig Count at 1,008 […]
Read moreTalking Points: Economic calendar light, but key headline risk exists; S&P 500 technicals still unclear German & Eurozone ZEW figures due out; DAX has resistance ahead UK CPI data on Wednesday; FTSE will try and continue impressive rally For the intermediate-term technical and fundamental outlook, check out the recently released DailyFX Q2 Forecasts. S&P 500 […]
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