Daily Technical Analysis | Pagina 4

Discussione in 'Trading Systems, Econometria' iniziata da xtreamforex, 15 Febbraio 2019.

    17 Aprile 2019
  1. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of USD/CAD, GBP/USD and USD/JPY Currency Pairs

    USD CAD

    The USD traded lower against the CAD and closed at 1.335.

    Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

    According to the Analysis, The pair is expected to find support at 1.33294, and a fall through could take it to the next support level of 1.33094. The pair is expected to find its first resistance at 1.33861, and a rise through could take it to the next resistance level of 1.34228.

    Previous Day range was 56.7 and Current Day Range is 44.2.

    GBP USD

    The GBP traded higher against the USD and closed at 1.3043.

    Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.

    The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

    The pair is expected to find support at 1.30231, and a fall through could take it to the next support level of 1.30031. The pair is expected to find its first resistance at 1.30812, and a rise through could take it to the next resistance level of 1.31193.

    GBP USD previous Day range was 58.1 and Current Day Range is 34.7.

    USD JPY

    The USD traded lower against JPY and closed at 112.012.

    James Bullard is the President of the Federal Reserve Bank of St. Louis. Dr. Bullard took office on April 1, 2008, as the twelfth chief executive of the Eighth District Federal Reserve Bank, at St. Louis. He is currently serving a full term that began March 1, 2011. In 2013, he serves as a voting member of the Federal Open Market Committee.

    According to the analysis, pair is expected to find support at 111.892, and a fall through could take it to the next support level of 111.772. The pair is expected to find its first resistance at 112.087, and a rise through could take it to the next resistance level of 112.162.

    USD JPY previous day range was 1950 and current day range is 2410.
     
  2. 22 Aprile 2019
  3. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of USD/CAD, GBP/USD and USD/JPY Currency Pairs

    USD CAD

    The USD traded lower against the CAD and closed at 1.335.

    Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

    According to the Analysis, The pair is expected to find support at 1.33294, and a fall through could take it to the next support level of 1.33094. The pair is expected to find its first resistance at 1.33861, and a rise through could take it to the next resistance level of 1.34228.

    Previous Day range was 56.7 and Current Day Range is 44.2.

    GBP USD

    The GBP traded higher against the USD and closed at 1.3043.

    Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.

    The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

    The pair is expected to find support at 1.30231, and a fall through could take it to the next support level of 1.30031. The pair is expected to find its first resistance at 1.30812, and a rise through could take it to the next resistance level of 1.31193.

    GBP USD previous Day range was 58.1 and Current Day Range is 34.7.

    USD JPY

    The USD traded lower against JPY and closed at 112.012.

    James Bullard is the President of the Federal Reserve Bank of St. Louis. Dr. Bullard took office on April 1, 2008, as the twelfth chief executive of the Eighth District Federal Reserve Bank, at St. Louis. He is currently serving a full term that began March 1, 2011. In 2013, he serves as a voting member of the Federal Open Market Committee.

    According to the analysis, pair is expected to find support at 111.892, and a fall through could take it to the next support level of 111.772. The pair is expected to find its first resistance at 112.087, and a rise through could take it to the next resistance level of 112.162.

    USD JPY previous day range was 1950 and current day range is 2410.
     
  4. 23 Aprile 2019
  5. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of EUR/USD, USD/JPY and NZD/USD Currency Pairs

    Eur usd
    [​IMG]
    The EUR traded lower against the USD and closed at 1.1257.
    The Ifo Business Climate Index reflects the current economic situation and forecasts for the next six months from the point of view of German companies. The indicator is compiled based on a survey of more than seven thousand companies. A higher than expected reading is seen as favorable for the euro quotes, while lower readings are seen as negative.

    According to the Analysis, The pair is expected to find support at 1.12411, and a fall through could take it to the next support level of 1.12254. The pair is expected to find its first resistance at 1.12672, and a rise through could take it to the next resistance level of 1.12776.

    Previous Day range was 26.1 and Current Day Range is 15.8.

    USD JPY
    [​IMG]


    The USD traded lower against the JPY and closed at 111.931.

    The New Home Sales indicator reflects sales of newly constructed residences in the United States in the specified month. It measures new single-family home sales

    The indicator is used for measuring the US housing market conditions. Index growth may have a positive effect on dollar quotes.

    The pair is expected to find support at 111.851, and a fall through could take it to the next support level of 111.772. The pair is expected to find its first resistance at 112.000, and a rise through could take it to the next resistance level of 112.070.

    USD JPY previous Day range was 1490 and Current Day Range is 3240.


    NZD USD
    [​IMG]
    The NZD traded lower against USD and closed at 0.6677.

    According to the analysis, pair is expected to find support at 0.66701, and a fall through could take it to the next support level of 0.66629. The pair is expected to find its first resistance at 0.66870, and a rise through could take it to the next resistance level of 0.66967.

    NZD USD previous day range was 16.9 and current day range is 13.
     
  6. 29 Aprile 2019
  7. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of CAD/CHF,

    GBP/AUD, USD/CHF and GBP/CAD Currency Pairs


    CAD CHF


    The CAD traded lower against the CHF and closed at 0.7575.


    CAD CHF formed a Mother Bar Inside Bar @ the Quarterly and Yearly Pivots.
    It's in a range now.

    Scenario 1: In order to Go Bullish it needs to Break the upper Mother Bar High of 0.76000 and make a retest with LOW VOLUME to ensure that all supply from market is over.

    Scenario 2: In order to be bearish it needs to push through the Quarterly /Yearly Pivots (0.75469) then the Low of Mother Br, A successful test with LOW VOLUME is required to ensure that all Demand has ended...


    According to the Analysis, The pair is expected to find support at 0.75586, and a fall through could take it to the next support level of 0.75425. The pair is expected to find its first resistance at 0.75897, and a rise through could take it to the next resistance level of 0.76047.


    Previous Day range was 31.1 and Current Day Range is 16.2.


    GBP AUD


    The GBP traded lower against the AUD and closed at 1.8337.


    GBPAUD formed a Mother Bar Inside Bar @ the Yearly Pivots Middle R1
    It's in a range now.

    Scenario 1: In order to Go Bullish it needs to Break the upper Mother Bar High of 1.8448 and make a retest with LOW VOLUME to ensure that all supply from market is Over .

    Scenario 2: In order to be bearish it needs to push through the Quarterly (1.8275) then the Low of Mother Bar, (1.8200)
    Break Below Quarter Pivot may confluence with the Previous Day Candle Low Broken .A successful test with LOW VOLUME is required to ensure that all Demand has ended...


    The pair is expected to find support at 1.82996, and a fall through could take it to the next support level of 1.82621. The pair is expected to find its first resistance at 1.83840, and a rise through could take it to the next resistance level of 1.84309.


    GBP AUD previous Day range was 84.4 and Current Day Range is 38.7.


    USD CHF


    The USD traded lower against CHF and closed at 1.0197.


    USDCHF formed a Mother Bar Inside Bar @ the Quarterly and Yearly Pivots.
    It's in a range now.

    Scenario 1: In order to Go Bullish it needs to Break the upper Mother Bar High + MQR2 1.0241 and make a retest with LOW VOLUME to ensure that all supply from market is Over .

    Scenario 2: In order to be bearish it needs to push through the Quarterly Resistance (1.0143) the Low of Mother Bar is the almost the same value, A successful test with LOW VOLUME is required to ensure that all Demand has ended...


    The Pair has been in range between Pivots since 7 days


    According to the analysis, pair is expected to find support at 1.01754, and a fall through could take it to the next support level of 1.01534. The pair is expected to find its first resistance at 1.02280, and a rise through could take it to the next resistance level of 1.02586.


    USD CHF previous day range was 52.6 and current day range is 12.


    GBP CAD


    The GBP traded higher against CAD and closed at 1.7384.


    GBPCAD formed a Multiple Mother Bar in side Bar It's in a range now.
    Its in a range of Pivots ( Quarterly and Yearly ) 1.7315-1.7463

    The Pair has been In range between Pivots since 19 days
    Once breakout occurs The pair may lead to a prominent trend


    According to the analysis, pair is expected to find support at 1.73558, and a fall through could take it to the next support level of 1.73274. The pair is expected to find its first resistance at 1.74190, and a rise through could take it to the next resistance level of 1.74680.


    GBP CAD previous day range was 63.2 and current day range is 22.
     
  8. 5 Agosto 2019
  9. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of EUR/USD, AUD/USD and NZD/USD Currency Pair

    EUR USD

    EUR traded higher against USD and closed at 1.1107.

    The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) today shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.

    According to the Analysis, pair is expected to find support at 1.1121 and a fall through could take it to the next support level of 1.1117. The pair is expected to find its first resistance at 1.1130 and a rise through could take it to the next resistance level of 1.1135.

    AUD USD

    AUD traded lower against USD and closed at 0.6799.
    • AUD/USD down 0.5% in sympathy with a weakening Yuan as China fights back.
    • USD/CNY blasts through pivotal 7.00 as US-China trade tensions escalate.
    • Leads to risk aversion in Asia as risk/EM assets sold across board.
    • Havens JPY, XAU +0.5%, US-10 year yield hits 1.7890, lowest since Nov 9, 2016.
    • Risk barometer AUD/JPY -1% to a new 2019 low; RBA to sound more dovish Tues?
    According to the Analysis, pair is expected to find support at 0.6776 and a fall through could take it to the next support level of 0.6768. The pair is expected to find its first resistance at 0.6789, and a rise through could take it to the next resistance level of 0.6794.

    NZD USD

    NZD traded lower against USD and closed at 0.6540
    • A number of downward slopping trend lines indicate weakness of NZD/USD.
    • 10-week old support-line grabs bears’ attention.
    • In addition to a two-day long descending trend-line, the NZD/USD pair’s sustained trading below a resistance-line stretched since late-July also portrays its weakness as the quote seesaws near 0.6510 during early Monday.
    The Employment Change released by the Statistics New Zealand is a measure of the change in the number of employed people in New Zealand. Generally speaking, today a rise in this indicator has positive implications for consumer spending which stimulates economic growth. A high reading is seen as positive (or bullish) for the NZ dollar, while a low reading is seen as negative (or bearish).

    According to the Analysis, pair is expected to find support at 0.6521 and a fall through could take it to the next support level of 0.6513. The pair is expected to find its first resistance at 0.6533, and a rise through could take it to the next resistance level of 0.6537.
     
  10. 6 Agosto 2019
  11. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of AUD/USD, GBP/USD and USD/JPY Currency Pair

    AUD USD

    AUD traded lower against USD and closed at 0.6756.
    • AUD/USD remains upbeat as the RBA renounce from the policy change.
    • The central bank stepped back from suggesting further rate cuts.
    • Trade/political news will be followed for fresh impulse.
    According to the report of The Reserve Bank of Australia (RBA), there will be no change in the monetary policy, offers a 1.0% interest rate. The central bank avoid from supporting further rate cuts while leaving the door open based on future growth conditions. Earlier during the day, upbeat trade balance data for June also pleased Aussie buyers.

    According to the Analysis, pair is expected to find support at 0.678 and a fall through could take it to the next support level of 0.677. The pair is expected to find its first resistance at 0.6797 and a rise through could take it to the next resistance level of 0.6803.

    GBP USD

    GBP traded higher against USD and closed at 1.2143.

    · GBP/USD stays on defensive 100 hour exponential moving average.
    · 4-day old support-line seems immediate rest ahead of 1.2080.

    According to the Analysis, pair is expected to find support at 1.2101 and a fall through could take it to the next support level of 1.2057. The pair is expected to find its first resistance at 1.2189, and a rise through could take it to the next resistance level of 1.2233.

    USD JPY

    USD traded higher against JPY and closed at 105.9500.

    The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.
    Previous reading for Gross Domestic Product was 0.6%.
    Expected GDP is 0.1%.

    According to the Analysis, pair is expected to find support at 106.43 and a fall through could take it to the next support level of 106.17. The pair is expected to find its first resistance at 107.02, and a rise through could take it to the next resistance level of 107.36.
     
  12. 8 Agosto 2019
  13. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of NZD/USD, EUR/USD and USD/CNY Currency Pair

    NZD USD

    NZD traded lower against USD and closed at 0.6446.

    · Lower than expected USD/CNY fix and comments from RBNZ calming markets.
    · RBNZ asst Governor Hawkes by is confident inflation will rise after 50 BP cut.
    · Hawkes by said unconventional tools an option only if inflation tanks.
    · NZD/USD resistance at former support at 0.6480/90 where sellers are tipped.

    The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative. According To consensus GDP rate is expected to be lower than previous rate.

    According to the Analysis, pair is expected to find support at 0.6455 and a fall through could take it to the next support level of 0.6452. The pair is expected to find its first resistance at 0.6461 and a rise through could take it to the next resistance level of 0.6463.

    EUR USD

    EUR traded higher against USD and closed at 1.1199.

    Danske Research discusses EUR/USD outlook and expects a dip back towards 1.10 in EUR/USD on 1-3M on yet another Fed disappointment in September.

    According to the Analysis, pair is expected to find support at 1.1211 and a fall through could take it to the next support level of 1.1209. The pair is expected to find its first resistance at 1.1214, and a rise through could take it to the next resistance level of 1.1216.

    USD CNY

    USD traded lower against CNY and closed at 7.0602.

    USD/CNY fix at 7.0039, which was below market estimates.

    The Consumer Price Index is released by the National Bureau of Statistics of China. It is a measure of retail price variations within a representative basket of goods and services. The result is a comprehensive summary of the results extracted from the urban consumer price index and rural consumer price index. The purchase power of the CNY is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy, potentially prompting The People’s Bank of China to tighten monetary policy and fiscal policy risk. Generally speaking, a high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY.

    According to the Analysis, pair is expected to find support at 7.0359 and a fall through could take it to the next support level of 7.0116. The pair is expected to find its first resistance at 7.0749, and a rise through could take it to the next resistance level of 7.0896.
     
  14. 9 Agosto 2019
  15. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of AUD/USD, GBP/USD and USD/CAD Currency Pair

    AUD USD

    AUD traded lower against USD and closed at 0.6802.

    · RBA quarterly SOMP just released is in line with dovish market assumptions
    · RBA notes the downside risks posed by US-China trade war escalation
    · AUD/USD off early high (0.6822), but still holding above 0.6800

    The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negative (or bearish).

    According to the Analysis, pair is expected to find support at 0.6713 and a fall through could take it to the next support level of 0.6666. The pair is expected to find its first resistance at 0.6789 and a rise through could take it to the next resistance level of 0.6818.

    GBP USD

    GBP traded higher against USD and closed at 1.2133.

    The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

    According to the Analysis, pair is expected to find support at 1.2113 and a fall through could take it to the next support level of 1.2082. The pair is expected to find its first resistance at 1.2182, and a rise through could take it to the next resistance level of 1.2221.

    USD CAD

    USD traded lower against CAD and closed at 1.3227.

    The employment Change released by the Statistics Canada is a measure of the change in the number of employed people in Canada. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the CAD, while a low reading is seen as negative or bearish.

    The Unemployment Rate released by the Statistics Canada is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Canadian Economy. If the rate is up, it indicates a lack of expansion within the Canadian labor market. As a result, a rise leads to weaken the Canadian economy. Normally, a decrease of the figure is seen as positive (or bullish) for the CAD, while an increase is seen as negative or bearish.

    According to the Analysis, pair is expected to find support at 1.3279 and a fall through could take it to the next support level of 1.3251. The pair is expected to find its first resistance at 1.334, and a rise through could take it to the next resistance level of 1.3373.
     
  16. 12 Agosto 2019
  17. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of USD/JPY, NZD/USD and USD/CHF Currency Pair

    USD JPY

    USD traded lower against JPY and closed at 105.6900.

    · USD/JPY: Bears staying in control in the Asian session.
    · USD/JPY4-hour chart: The pair is also at risk of extending its decline,

    USD/JPY has lost some ground as the yen takes up another bid while geopolitics keep the yen bulls in business ahead of a key week on the US calendar.

    According to the Analysis, pair is expected to find support at 105.3 and a fall through could take it to the next support level of 104.92. The pair is expected to find its first resistance at 106.04 and a rise through could take it to the next resistance level of 106.39.

    NZD USD

    NZD traded lower against USD and closed at 0.6468.

    · NZD/USD jumps 20 pips on comments by New Zealand's Treasury that QE is less appealing.
    · Treasury feels RBNZ could cut rates to the negative territory if required.

    NZD/USD is recovering lost ground on comments by New Zealand's Treasury that asset purchases or quantitative easing (QE) are a less appealing tool of monetary easing.

    According to the Analysis, pair is expected to find support at 0.6402 and a fall through could take it to the next support level of 0.6359. The pair is expected to find its first resistance at 0.6478, and a rise through could take it to the next resistance level of 0.6512.

    USD CHF

    USD traded lower against CHF and closed at 0.9727.

    · USD/CHF's 4-hour and daily charts are showing signs of seller exhaustion.
    · The pair could rise to the 10-day moving average resistance during the day ahead.

    USD/CHF could see a corrective bounce to the 10-day moving average (MA) of 1.0938 during the day ahead as technical charts are flashing early signs of a bearish-to-bullish trend change.

    According to the Analysis, pair is expected to find support at 0.9703 and a fall through could take it to the next support level of 0.9680. The pair is expected to find its first resistance at 0.9755, and a rise through could take it to the next resistance level of 0.9784.
     
  18. 14 Agosto 2019
  19. xtreamforex

    xtreamforex XtreamForex

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    Technical Overview of EUR/USD, GBP/USD and AUD/USD Currency Pair

    EUR USD

    EUR traded higher against USD and closed at 1.1169.

    · EUR/USD aims to revisit 4H 100MA after taking another U-turn from near-term resistance-line.
    · While 1.1283/87 can please buyers during upside break, 23.6% Fibonacci retracement can lure during post-1.1158 declines.

    The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

    The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

    The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

    According to the Analysis, pair is expected to find support at 1.1170 and a fall through could take it to the next support level of 1.1156. The pair is expected to find its first resistance at 1.1214 and a rise through could take it to the next resistance level of 1.1228.

    GBP USD

    GBP traded lower against USD and closed at 1.2058.

    · GBP/USD remains on a back foot amid recent UK political news.
    · Rebel MPs readying for early-September action.
    · UK CPI, trade/political news in the spotlight.

    The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

    According to the Analysis, pair is expected to find support at 1.2046 and a fall through could take it to the next support level of 1.2033. The pair is expected to find its first resistance at 1.2090, and a rise through could take it to the next resistance level of 1.2103.

    AUD USD

    AUD traded lower against USD and closed at 0.6800.

    · AUD/USD drops to the intra-day low after China’s July month Retail Sales and Industrial Production lagged behind market consensus and prior.
    · Cautious trading and a lack of fresh clues confined the pair’s moves during the early morning.
    · The US-China trade news, speech from RBA’s Debelle will provide fresh impulse.

    The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).

    The Unemployment Rate release by the Australian Bureau of Statistics is the number of unemployed workers divided by the total civilian labor force. If the rate hikes, indicates a lack of expansion within the Australian labor market. As a result, a rise leads to weaken the Australian economy. A decrease of the figure is seen as positive (or bullish) for the AUD, while an increase is seen as negative (or bearish).

    According to the Analysis, pair is expected to find support at 0.6760 and a fall through could take it to the next support level of 0.6743. The pair is expected to find its first resistance at 0.6814, and a rise through could take it to the next resistance level of 0.6831.
     

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