FXTM Forex Market Update | 12/04/2016
April 12, 2016 10:06 amVideo
Latest News
- Analysis of GBP/USD pair on May 28, 2024 May 28, 2024
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- Inflation expectations in eurozone downgraded May 28, 2024
- Trading Signals for BITCOIN (BTC/USD) for May 28-30, 2024: sell below $69,000 (21 SMA – 200 EMA) May 28, 2024
- Technical Analysis – EURUSD sets sight on 1.0900 handle May 28, 2024
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- EUR/USD: Simple trading tips for novice traders on May 28th (US session) May 28, 2024
- GBP/USD: trading plan for the US session on May 28th (analysis of morning deals). The pound hit a new monthly high May 28, 2024
- EUR/USD: trading plan for the US session on May 28th (analysis of morning deals) May 28, 2024
- USD/JPY: trading tips for beginners for European session on May 28 May 28, 2024
- Forex forecast 05/28/2024: EUR/USD, USD/JPY, Gold, Ethereum and Bitcoin from Sebastian Seliga May 28, 2024
- EUR/USD. May 28th. The bulls intend to reach the level of 1.1000 May 28, 2024
- Trading plan for EUR/USD on May 28. Simple tips for beginners May 28, 2024
- GBP/USD. May 28th. The pound sees no reason to stop at its current level May 28, 2024
- USD/JPY: Simple trading tips for novice traders on May 28th. Analysis of yesterday’s forex transactions May 28, 2024
- Video market update for May 28, 2024 May 28, 2024
- GBP/USD: Simple trading tips for novice traders on May 28th. Analysis of yesterday’s forex transactions May 28, 2024
- EUR/USD: Simple trading tips for novice traders on May 28th. Analysis of yesterday’s forex transactions May 28, 2024
- Low volatility across the board besides Bitcoin – Volatility Watch May 28, 2024
- Technical Analysis – EURCHF pulls back from 14-month peak May 28, 2024
A wave of jitters shrouded the markets during trading on Monday following the tepid China CPI release of 2.3% which rekindled concerns over the pace of growth of the world’s second largest economy. The wave of risk aversion boosted appetite for the safe-haven Yen and Gold as investors scattered away from riskier assets. A strengthening Yen has left the BoJ under immense pressure with critics questioning the viability of Abenomics. We still remain fundamentally bearish on WTI Oil with the pending Doha meeting leaving prices pressured.
-The EURUSD has turned bullish on the daily timeframe and Dollar weakness may provide an opportunity for prices to trade towards 1.15.
-The GBPUSD is bearish and a breakdown below 1.42 may encourage another selloff towards 1.41.
-WTI is bearish and a breakdown below $40 could open a path towards $38
-Gold is bullish on the daily timeframe and may incline towards $1300
For more Market Analytics read the latest @ http://fxtm.co/marketupdate-yt
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