Here are the latest developments in global markets: Forex: The Australian dollar continued to trade around three-week highs at $0.7645 (+0.63%) following upbeat data on retail sales and the RBA’s decision to keep rates steady at record low levels. In the Eurozone though, retail sales disappointed markets with the measure diving unexpectedly to a three-week low as food […]
2nd December 2017 was a very special day for XM: we celebrated the third consecutive year of our company’s presence in Thailand with a grand gala event organised in Bangkok. The representative members of XM present at the gala welcomed event guests at Shangri-La Hotel, Bangkok, where an evening rich in entertainment, a luxury dinner, […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave analysis […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:The dollar has not reached its potential April 15, 2024 What is permissible for Jupiter may […]
WTI oil futures have unwound almost all of the gains made from the recent rally off the key 57 level. The near-term bias is to the downside and last Friday’s 58.86 high remains unchallenged. Technicals are bearish on the 4-hour chart. The market has dropped below the 20 and 50-period moving averages which are negatively […]
Here are the latest developments in global markets: FOREX: The RBA held rates unchanged on early Tuesday as expected, but the aussie hit a three-week high following upbeat retail sales figures which pointed to an improved economic outlook. The kiwi also posted a strong rebound, erasing yesterday’s losses after the RBNZ governor said that the central bank […]
GBPUSD is in a bullish phase in the near term and is poised to re-test the September peak at 1.3656. In the medium term, the pair is neutral and appears to be trapped between the key levels of 1.3000 and 1.3600. Last week’s high of 1.3549 remains a strong resistance level. Near-term upside momentum has […]
“If the economy continues to improve as expected, it is more likely that the next move in interest rates will be up, rather than down,” said the RBA Governor, Philip Lowe in his speech at the Australian Business Economists’ annual dinner two weeks ago. But then he immediately highlighted that in the near term, an adjustment […]
Weekly Technical Analysis of the Forex Markets – to guide your trading using technical indicators such as moving averages, RSI, Fibonacci, Ichimoku. Related Posts:Weekly Technical Outlook: 15/04/2024 – GBPUSD, USDJPY,… April 15, 2024 Our weekly #TechnicalAnalysis looks at the key events that are…Weekly Technical Outlook – GBPUSD, USDJPY, AUDUSD April 15, 2024 Will UK CPI […]
Here are the latest developments in global markets: Forex: Sterling rallied above 1.35 against the dollar and touched a fresh one-month high versus the euro after EU parliamentary members of the Brexit group said there was a “very good chance” of a deal and that May’s meeting with the President of the European Commission could resolve […]
In Asia, the Japanese Nikkei 225 and Topix indices both finished the day lower by 0.5%. Hong Kong’s Hang Seng rose by 0.2%, while the Shanghai Composite retreated by the same proportion. Australia’s S&P/ASX 200 slid by 0.1%. It is interesting that Asian equities didn’t benefit from upbeat sentiment following the passage of the much-talked tax […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave analysis […]
Gold has seen some choppy trading recently and overall the bias is to the downside as the market remains below the key 1300 level. Prices dropped sharply after an attempt to break above 1290 was not sustained. The near-term picture is less positive as the flow is back to the downside and the RSI is […]
Here are the latest developments in global markets: FOREX: The dollar bounced to a 2-½ -week high against the yen during Asian trading following the approval of the tax overhaul bill by the Senate on Saturdaydespite persisting political noise in the country. Consequently, the dollar’s strength pushed other currencies lower, with the kiwi being the worst […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Video market update for April 15, 2024 April 15, 2024 Potential for the further rally on […]
We were pleased to visit Bogotá, Colombia, on 25th November and host a free forex trading seminar to online investors. Although not for the first time in Latin America, but for the very first time in Colombia, our aim was to bring forex trading closer to all those interested in online trading and in acquiring […]
EURUSD is consolidating recent gains after a strong rally from the 1.1600 area to 1.1900. A neutral phase is expected in the near-term as the market became overextended and the daily RSI indicator is indicating momentum has weakened after reaching near overbought levels at 70. EURUSD is expected to be supported on dips at key […]
The first week of December will get off to a packed start with a number of key indicators and central bank meetings set to keep traders busy. Among the highlights are Australian GDP figures for the third quarter, European industrial output figures and US nonfarm payrolls. Also in focus are central bank meetings in Australia […]
Here are the latest developments in global markets: FOREX: The pound turned to be the worst performer among major currencies despite impressive manufacturing PMI figures, trading below the $1.3500 key level after touching a fresh two-month high of 1.3548 early in the Asian trading (-0.25%). Eurozone’s manufacturing PMI stood at multi-year highs, but the euro […]
Asian equities projected a mixed picture today. In Japan, the Nikkei 225 and the Topix indices finished the day higher by 0.4% and 0.25% respectively. Earlier in the day, the Nikkei advanced by as much as 1.2% to stand at its highest since 1992, however it didn’t manage to sustain those gains. Hong Kong’s Hang […]
Watch our ”Weekly Forex Review and Outlook” to catch up on the past week’s main events and their impact on major currencies and also find out what important economic data will be coming up in the future. Related Posts:Technical Analysis – USDJPY rallies to another fresh 34-year… April 15, 2024 USDJPY surpasses 154.00 Round numbers […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:Analysis of GBP/USD. April 15th. Retail sales in the USA… April 15, 2024 The wave analysis […]
Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD/USD) Visit http://www.xm.com the international Forex broker. Related Posts:The dollar has not reached its potential April 15, 2024 What is permissible for Jupiter may […]
GBPJPY maintains a bullish intra-day bias after breaching the key 152 level yesterday. The pair has breached the upper end of the two-month consolidative range after a strong rally. Strong support held at the 147 level and GBPJPY bounced off the bottom of the range to rise with strong momentum all the way back to […]
Here are the latest developments in global markets: FOREX: The dollar retained its strength against the yen, trading near a 1-½ -week high, finding support from rising US Treasury yields, while the euro was last flat on a weekly basis versus the greenback after advancing in the three preceding weeks. Pound/dollar stretched its uptrend to […]
USDCAD is neutral for now after a correction of the long-term downtrend stalled ahead of the key 1.3000 level. The market is trading in a range and capped below the 200-day moving average. USDCAD has climbed to the upper end of the one-month range and has found strong resistance at the 50% Fibonacci retracement (1.2922) […]
It’s been almost two years since the Bank of Japan decided to adopt an aggressive monetary stimulus using negative interest rates to end deflation and force price growth up to the central bank’s stability target of 2.0%. However, the BOJ’s preferred inflation measure, the core CPI index which excludes volatile items, showed a slow reaction since the […]
The Canadian dollar is once again on the verge of breaching the 50% Fibonacci retracement level of its impressive May-September uptrend. The currency has been suffering from the paring back of expectations of additional rate hikes by the Bank of Canada over the coming months, concerns about difficult NAFTA renegotiations and a stronger US dollar. […]
For the second time this year, XM returned to Mexico to provide free on-site education on forex trading techniques to online investors ready to develop their trading skills. The seminar hosted by XM and presented by the renowned Academia the Mercados was held in Mexico City and in Monterrey this November, welcoming numerous traders who […]
Here are the latest developments in global markets: Forex: The euro dived to a one-week low versus the dollar and approached a one-month low against the pound after flash inflation estimates out of the Eurozone inched below expectations in November, whereas the block’s unemployment rate ticked down, hitting fresh multi-year lows. Pound/dollar was on track to post a third straight green […]
