Binary.com Daily Market Report (28th Oct)
October 28, 2015 9:54 amVideo
Latest News
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
- Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024
- USD/JPY in crisis April 18, 2024
- EUR/USD: trading plan for US session on April 18. EUR gets stuck at 1.0686 April 18, 2024
- Fed to keep policy tight for longer than markets view April 18, 2024
- Technical Analysis – BTCUSD drops to 6-week low as halving looms April 18, 2024
- Midweek Technical Look – EURUSD, US 500, WTI April 18, 2024
- Technical Analysis – AUDJPY pulls back but stays in uptrend April 18, 2024
- Forex forecast 04/18/2024: EUR/USD, USD/JPY, Oil and Bitcoin from Sebastian Seliga April 18, 2024
Aussie Inflation Trimmed
Morning Report: 06.45 London
• This morning, markets are generally on pre-fed alert, with the Dollar index continuing to dominate currency flows. Continued declines in commodity prices such as oil have helped underpin a general perception that the Fed could slow its path of interest rate hikes, if not delay entirely in December.
• The USD/CAD rallied yesterday as lower oil prices continue to take their toll.
• The USD/JPY also continued to slip back into the middle of its trading range.
• The big mover this morning is the Australian Dollar after CPI came in well below expectations.
Coming up today:
• Today will be dominated by the FOMC meeting statement at 18.00. Before this we have goods balance at 12.30 and crude oil inventories at 14.30.
• Later this evening we have the RBNZ rate statement.
Trade Idea:
• The Canadian Dollar has continued to weaken following Trudeau’s election, mainly on the back of declining oil prices.
The impact of lower oil prices and Canada’s reliance on the commodity could see further upside for the USD/CAD. A good way to play this is a HIGHER trade predicting that the USD/CAD will close above 1.3400 in 35 days could return 182% if successful.
Disclaimer: This financial market report is intended for educational and information purposes only. It should not be construed as investment or financial advice and you should not rely on any of its content to make or refrain from making any investment decisions. The views expressed in this report are those of the author and do not necessarily reflect the views or position of Binary.com accepts no liability whatsoever for any losses incurred by users in their trading. Binary options trading may incur losses as well as gains.
Email [email protected] or skype me at bomaffiliates-karen
Related Posts: