Fed, ECB, BoE and SNB hold their final policy decisions of the year. Will they push back on rate cut expectations? US CPI and flash PMIs will be crucial too. 0:00 Intro 0:17 Federal Reserve 2:04 US Dollar 2:44 ECB and Euro 4:22 BoE and Pound 5:46 SNB and Franc For more information on the […]
USD/JPY hovers near a critical support zone ahead of NFP data AUD/USD rally stalls near caution area before RBA rate decision USD/CAD hopes for a rebound, but bullish outlook is not in sight yet 0:00 Intro 0:33 USDJPY 2:44 AUDUSD 4:50 USDCAD For more information on the topics discussed in this video, including detailed charts […]
Investors looking to US NFPs for confirmation of their Fed cut bets. RBA could still signal that higher rates are possible. But BoC may confirm that interest rates have peaked in Canada. 0:00 Intro 0:08 Fed Rate Cut Bets 1:30 Nonfarm Payrolls 2:12 US Dollar 2:40 RBA and Aussie 4:41 Bank of Canada For more […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #OPEC meeting, #US #PCE #inflation and #Eurozone flash #CPI and will be looking at how #WTI, #USDJPY and #EURUSD may react. 0:00 Intro 0:15 WTI 1:34 USDJPY 3:08 EURUSD For more information […]
Oil’s fortunes hinge on OPEC+ meeting outcome on Thursday. Eurozone flash inflation and US core PCE also due on Thursday. RBNZ to likely hold rates on Wednesday. Loonie faces GDP and employment tests in addition to OPEC+ decision. 0:00 Intro 0:17 OPEC+ meeting and oil 2:20 US core PCE and dollar 4:04 Eurozone inflation and […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #FOMC minutes, Eurozone PMIs and Japanese #inflation and will be looking at how #US500, #GBPUSD and #USDJPY may react. 0:00 Intro 0:15 US500 1:50 GBPUSD 3:20 USDJPY For more information on the […]
Fed minutes on Tuesday will be scrutinized for clues on rate path. Eurozone business surveys to shed some light on recession risks. Japanese inflation stats also in focus as yen remains fragile. 0:00 Intro 0:09 FOMC Minutes 1:48 US Dollar 3:24 EZ and UK PMIs 4:51 ECB Minutes For more information on the topics discussed […]
– EURUSD stays above key barrier of 1.0665 ahead of US CPIs – Hotter-than-expected UK inflation could push GBPUSD above 1.2310 – AUDUSD awaits Australia’s jobs report and Chinese data 0:00 Intro 0:43 EURUSD 3:21 GBPUSD 5:24 AUDUSD For more information on the topics discussed in this video, including detailed charts and tables, read the […]
US inflation numbers the next event to shake Fed bets. Pound traders lock gaze on CPIs after BoE’s hawkish hold. Aussie awaits jobs report and Chinese data. 0:00 Intro 0:20 US CPIs and dollar 2:35 UK data and pound 4:19 Aussie and Chinese data For more information on the topics discussed in this video, including […]
USDJPY edges higher again today, back above 150.15 Increased pressure on Japanese authorities to intervene Mixed momentum indicators complicate the outlook USDJPY is higher again today after bouncing off the lower boundary of the ascending trending channel that has been in place since mid-March. The announcements at last week’s Bank of Japan meeting have done little […]
Walt Disney will unveil its fiscal Q4 earnings on Wednesday after the closing bell Cost cutting and price hikes likely boosted earnings per share But slowing revenue growth and downbeat guidance may weigh on the stock Trouble at the top The Walt Disney Company (Disney) has been undergoing a significant overhaul this year as returning […]
Surprise indices are an easy way of mapping the current state of an economy Our index confirms that the US economy has been losing steam the past few weeks Could EURUSD moves be explained by our surprise indices? Theory states that the price of financial assets should reflect the underlying economic conditions in the respective […]
XM completed yet another successful seminar in Dubai on 30th September, titled Technical vs. Fundamental Analysis – Finding the Best Strategy for Trading . It was an opportunity for participants to dive deep into technical and fundamental analysis and learn from Senior Market Strategist at Tradepedia and which approach aligns better with your trading goals […]
Dollar regains some lost ground as US yields bounce back Gold and oil edge lower – geopolitical risks getting priced out? Aussie sinks despite RBA rate increase, Fed speakers ahead Dollar back in the ring Global markets continue to grapple with a variety of risk factors, from geopolitical tensions to a softer economic data pulse, […]
EURJPY makes new 15-year high Intervention threat has not dented bullish appetite Bullish momentum indicators but exhaustion signs appear EURJPY is edging higher today, trying to record its fourth consecutive green candle. It has made a new 15-year high after finally managing to surpass the 159.64 level that has greatly been troubling the bulls over […]
GBPUSD trims gains after rejection from 200-SMA Buying appetite falls; support at 1.2260-1.2300 GBPUSD could not find enough buyers to expand Friday’ bull run above its 200-day simple moving average (SMA), closing with marginal losses within the 1.2300 area on Monday. Given the current negative momentum in the price, the question now is whether […]
UK GDP in focus this week; pound could significantly benefit RBA meeting and Chinese data could push aussie even higher vs. the US dollar USDJPY could break below its upward trending channel if Japanese data improve 0:00 Intro 0.31 EUR/GBP 3:09 AUD/USD 6:17 USD/JPY For more information on the topics discussed in this video, including […]
AUDUSD claims 0.6400 zone after fast rally Short-term bias positive, but there are more threats higher RBA to raise interest rates, but the aussie may not gain AUDUSD breached the tough 0.6430-0.6450 zone with strong momentum to rise straight up to the August bar of 0.6520 last Friday. The possibility of a rate hike […]
UK GDP in focus this week; pound could significantly benefit from a strong print RBA meeting and Chinese data could push aussie even higher against the US dollar USDJPY could break below its upward trending channel if Japanese data improve UK GDP Q3 print -> EURGBP The Bank of England kept its main bank rate […]
AUDJPY enjoys fastest weekly growth since June Risk skewed to the upside, but gains could be limited RBA policy announcement due on Tuesday at 03:30 GMT AUDJPY has turned its eyes back to June’s peak of 97.65 after a constructive week of strong gains. The RSI and the stochastic oscillator are warning that the latest […]
Dollar pummeled after disappointing US employment data Stock markets rally, but gold fails to capitalize on falling yields Australian interest rate decision and Chinese trade data next Dollar hammered after NFP A disappointing US employment report inflicted some serious damage on the dollar last week. Nonfarm payrolls clocked in at 150k in October, missing the […]
Gold extends last week’s sideways move below 2,000 Bullish structure in progress above 1,980 Gold shifted to a sideways pattern after its impressive rally from a seven-month low of 1,800 run out of steam slightly above the 2,000 mark. The consolidation phase seems to be developing within a bullish pennant formation, feeding hopes that the bulls have more fuel […]
USDCAD plummets on the back of disappointing NFP data Negative sentiment strengthens; eyes on 1.3680 USDCAD extended Thursday’s freefall below its 20-day simple moving average (SMA) and the 1.3700 round level after US employment growth clocked in lower at 150k than analysts expected. Technically, the short-term bias is leaning on the bearish side as […]
AUDUSD breaks familiar resistance zone after dissapointing NFP data Technical signals improve, but some caution necessary AUDUSD rose rapidly in the wake of a weaker-than-expected US jobs report, crossing above the long-term constraining line from the 2020 low at 0.6450 after a couple of failed attempts. The RSI has finally advanced above its 50 […]
Reserve Bank of Australia could raise rates on Tuesday. British GDP data will be crucial for sterling’s fortunes. 0:00 Intro 0:08 RBA 2:18 Aussie 2:55 UK GDP 4:07 Pound For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article: https://www.xm.com/research/analysis/previews/xm/week-ahead-rba-rate-decision-and-uk-growth-on-the-radar-188562 Risk Warning: Our services […]
Reserve Bank of Australia could raise rates on Tuesday Chinese trade and inflation stats also in the spotlight UK economy likely contracted in Q3 – can sterling hold on? RBA decision will be a close call With most of the major central bank decisions in the rear-view mirror and volatility in bond markets coming […]
GBPJPY resumes muted tone despite bullish breakout Nearby support levels keep the focus on the upside GBPJPY could not capitalize from Tuesday’s surge above the short-term resistance trendline, staying muted around the 183.55 area. The RSI is above its 50 neutral mark, although weaker, and the MACD is keeping its footing above its red […]
US 500 cash index trades sideways today after strong rally Impressive weekly rebound amidst key market events Momentum indicators cautiously supportive of current upleg The US 500 cash index is trying to record its fifth consecutive green candle and further increase the 5% jump recorded this week. It is now preparing to test the resistance […]
Dollar slides as Fed pours more cold water on hike expectations Spotlight turns to US employment report for October Pound receives little boost from BoE’s hawkish hold Wall Street cheers potential interest-rate peak, earnings help Dollar on the back foot ahead of NFP report The US dollar traded lower against all the other major currencies […]
USDCAD in the red after reaching 3-year high Aggressive rally since the July 14 low of 1.3091 Momentum indicators appear to support the current downleg USDCAD is moving lower today, registering its third consecutive red candle after trading at a 3-year high of 1.3898. It has been an aggressive rally from the July 14 low […]
