TraderTalk | USD pushing fresh highs in Asian session Monday | easyMarkets 21st May -USD finishes strong on Friday, continues Monday -GBP/USD breaking below 1.3450 range support -AUD/USD outperforming on news US-China Trade War “on Hold” easyMarkets / APAC Dealing Team Australia (toll free) T 1800 176 935 International +61… read more
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
TraderTalk | USD pushes fresh highs, Gold break $1300 | TonyD easymarkets 16th May -USD Rally hits fresh highs, EUR/USD fresh low 1.1815 -Gold breaks $1300 and closes below -GBP outperforms on strong wages data easyMarkets / APAC Dealing Team Australia (toll free) T 1800 176 935 International +61 9299… read more
TraderTalk | Short Squeeze on EUR/USD leads majors higher after US CPI | 14th May easyMarkets -EUR/USD and AUD/USD lead USD profit taking -GBP/USD struggles to follow with 1.3600 holing again -Bitcoin sharply lower testing key $8200* easyMarkets / APAC Dealing Team Australia (toll free) T 1800 176 935 International… read more
TraderTalk | Super Thursday Bank of England meeting today | 10th May easyMarkets -USD gives up gains after new high overnight -BOE expectations of dovishness maybe too great -US CPI key for short term USD movement easyMarkets / APAC Dealing Team Australia (toll free) T 1800 176 935 International +61… read more
TraderTalk | USD rally barely stopping, whats driving it? | easyMarkets -Euro and GBP bounces extremely limited -USD relentless so far, driven by new concerns on global growth -So far ECB, BOE affected but FED still unchanged so USD outperforms in a new window of dollar strength easyMarkets / APAC… read more
TraderTalk | NFP misses but US Dollar Rallys… Why? | easyMarkets -USD Rallys on NFP miss 160k vs. 190k -Headline and wages growth weak but unemployment rate drops to 3.9% the lowest in years and trumps the headline -GBP/USD bounces off 1.3500 easyMarkets / APAC Dealing Team Australia (toll free)… read more
TraderTalk | USD Dollar Hit majors targets, what now? | easyMarkets – EUR/USD break 1.200, AUD/USD 0.7500 – GBP still weakest as bad weather hurts economic data – FOMC ahead tonight, USD pullback more likely today than last few weeks easyMarkets / APAC Dealing Team Australia (toll free) T 1800… read more
GBP Falls to fresh multi week low: easyMarkets TraderTalk – 30th April – GBP/USD plumments on weak Q1 GDP miss – USD profit taking into weekend sees EUR/USD bounce and USD/JPY slightly lower – Focus this week on whether new USD uptrend has legs Australia (toll free) T 1800 176… read more
USD Breaking higher – US Yields test 3.0% -24th April – USD breaks out on all Pairs, breaks Y108 on USD/JPY – US 10yr Yield tests 3.0% for first time in 4 years – AUS Q1 CPI at 0.5% expectations small bounce in Asia easyMarkets / APAC Dealing Team Australia… read more
US 10yr Yields to Test 3.0%? 4 year highs -23rd April – US Yields hitting 4 year highs, near 3.0% – US Dollar Index near key resistance – Bitcoin hitting multi week highs near $9k easyMarkets / APAC Dealing Team Australia (toll free) T 1800 176 935 International +61 9299… read more