FXTM Forex Market Update | 19/04/2016
April 19, 2016 2:14 pmVideo
Latest News
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- EUR/USD: Simple trading tips for novice traders on May 29th (US session) May 29, 2024
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- Trading Signals for EUR/USD for May 29-31, 2024: sell below 1.0851 (21 SMA – 200 EMA) May 29, 2024
- GBP/USD: trading plan for the US session on May 29th (analysis of morning deals). The pound continues its correction May 29, 2024
- EUR/USD: trading plan for the US session on May 29th (analysis of morning deals). The euro is pushing in the channel May 29, 2024
- EUR/USD. May 29th. Bulls are running out of strength, but inflation can help them May 29, 2024
- GBP/USD. May 29th. The pound is not worried about the lack of drivers May 29, 2024
- US stock markets rally but volatility plunges – Stock Markets May 29, 2024
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- Forex forecast 05/29/2024: EUR/USD, EUR/JPY, GBP/JPY and Oil from Sebastian Seliga May 29, 2024
- USD/JPY: trading tips for beginners for European session on May 29 May 29, 2024
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- Will core PCE inflation spur a less hawkish Fed? – Preview May 29, 2024
- EUR/USD: trading tips for beginners for European session on May 29 May 29, 2024
Sentiment towards the global economy took a blow at the start of the week following the unsuccessful Doha meeting that sent crude oil tumbling 7%. Global sunk as a result but output cut in Kuwait offered a short term lifeline that kept stocks markets buoyed. The currency markets are quite volatile with the Sterling bulls propping most Sterling pair upwards. Risk aversion continues to linger through the markets and such has provided a foundation for Gold to rise.
-The GBPUSD is bearish and a breakdown below 1.42 may encourage another selloff towards 1.41.
-The EURUSD is bullish on the daily timeframe and prices could trade towards 1.140.
-Gold is bullish on the daily timeframe and may incline towards $1300
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