AUD/USD Bulls Not Done Despite Jobs Miss AUD/USD has been a mixed show on the back of the jobs data and a big miss on the headline again. However, the bulls were not phased right away and bids came in that have been met by cautious offers given the dovish FOMC vibes lingering around markets...
Australian Feb Employment Report: Total Jobs Disappoint, Full Time Bright Spot Australia published flat employment figures for the month of February, with the ABS reporting a minimal 0.3k increase in total employment (seasonally adjusted) vs -10k expected by Reuters. Full-time jobs came in at 15...
After the Fed and ECB, A Slew of Central Banks Tune Policy Talking Points: • The Federal Reserve lowered its rate forecasts Wednesday and the ECB leveraged its dovish effort last week • While the world's largest central banks set extreme and aggressive policy, smaller players are forced to adapt...
Pivot Points Daily Last Updated: Mar 17, 1:25 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.0804 1.09886 1.11051 1.11732 1.12897 1.13578 1.15424 USD/JPY 109.906 111.394 111.957 112.882 113.445 114.37 115.858 GBP/USD 1.37517 1.39724 1.41139 1.41931 1.43346 1.44138 1.46345 USD/CHF 0.94809 0...
Support & Resistance for Indexes Last updated: Mar 16, 2:31 pm +03:00 https://www.mql5.com/en/blogs/post/657889 S - Strong | M - Moderate | W - Weak SPX500 SPX500: Will the Fed Feed the Bulls, or Set Them Out to Pasture? S1 2000.00 S R3 2082.60 S S2 1985.30 S R2 2065.45 S S3 1949.48 S R1 2043...
Support & Resistance Last updated: Mar 16, 2:31 pm +03:00 https://www.mql5.com/en/blogs/post/657889 S - Strong | M - Moderate | W - Weak EUR/USD EUR/USD Technical Analysis: Post-ECB Rally Stalls Near 1.12 S1 1.1094 M R3 1.1495 S S2 1.0919 M R2 1.1376 S S3 1.0778 S R1 1...
https://www.mql5.com/en/blogs/post/657889 FOMC Holds and the Dots Go Down: USD Crushed Talking Points: -The Fed held rates at this afternoon’s FOMC meeting. - The Fed did reduce the dot plot matrix, or expectations for future rate hikes, and this has brought considerable volatility into markets...
The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head...
There were 31.42 million people in work, 116,000 more than for August to October 2015 and 478,000 more than for a year earlier. There were 22.94 million people working full-time, 302,000 more than for a year earlier. There were 8...
UK Unemployment Preview: What to Expect of GBP/USD? Renewed Brexit fears are scaring investors out of Sterling positions ahead of the UK unemployment data, wage growth figure and budget statement release...
EUR/USD Drops Further Near 1.1070 The selling pressure is now growing bigger around the common currency, with EUR/USD visiting the area of 1.1080/70 or session lows...
NZD/USD Neutral Near-Term – UOB The research team at UOB Group expects the neutral bias on the pair to remain in the next 1-3 weeks. Key Quotes “The overnight movement is line with our expectation wherein we expect the current pull-back in NZD to extend lower to 0.6545”...
AUD/USD Could Test the 0.7760 Area – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the Aussie dollar could see its upside renewed and attempt a test of 0.7760. Key Quotes “AUD/USD continues to ease lower very near term from the recent...
USD/CAD Printing Highs Near 1.3400 Ahead of FOMC The greenback is extending the positive note vs. its Canadian neighbour on Wednesday, now pushing USD/CAD to the area of 1.3480/85. USD/CAD firmer ahead of US data Spot is extending its rebound from recent lows in sub-1...
FOMC Statement and Economic Projections will be released today at 6:00pm GMT followed by Press Conference at 6:30pm GMT. These events will likely see volatility and widening of spreads in the seconds before release. We advise against holding USD positions unless they are already at break-even...
NZ Dollar Extends Slide On Weaker Commodity, Dairy Prices The New Zealand dollar continued to be weaker against the other major currencies in the Asian session on Wednesday following the decline of the prices of dairy products and other commodities...
GBP/USD Weaker, Breaks Below 1.4100 The British pound keeps losing altitude on Wednesday, now sending GBP/USD back below the 1.4100 critical support...
USD/JPY Challenges Highs Near 113.70, FOMC on Sight The Japanese currency is giving away part of the recent gains vs. its American counterpart, lifting USD/JPY to the upper bound of the range near 113.70...
FXWIREPRO: EUR/JPY Struggles to Extend Gains Above 126 Handle EUR/JPY is seeing a small recovery after 2 consecutive sessions of losses, but upside in the pair capped at 126 handle...
