AUDJPY Trades above Uptrend Line; Cautiously Positive in Near Term
AUDJPY has been posting higher highs and higher lows above a medium-term uptrend line since late August, when the pair touched 69.95, its lowest level in a decade. The short-term outlook therefore seems to have turned positive, though a decisive...
Market Brief: Bears Thanksgiving to Trump for a change
Market update at 13:30 GMT: The AUD and GBP were the weakest while EUR was the strongest in another lacklustre session for FX; European stocks were off their worst levels but still lower on the session. Gold and silver were...
USDJPY Maintains Bullish Sentiment; Ascent Eases at 61.8% Fibonacci
USDJPY has settled at the 109.35 level, which is the 61.8% Fibonacci retracement of the down leg from 112.39 to 104.64. The positive picture is intact despite the stalling in the price, which is aided by the flattened Kijun-sen line...
Canadian GDP Data: Another Risk For The Loonie?
Third-quarter GDP numbers out of Canada will hit the markets on Friday at 13:30 GMT. Forecasts point to a notable slowdown, but that would still be in line with the Bank of Canada’s (BoC’s) latest forecasts. As for the loonie,...
Barclays shifts faith from US to European stocks for 2020
Tolga Akmen | AFP | Getty Images Barclays has rebalanced its equity focus away from the U.S. and toward Europe and emerging markets for 2020. In its 2020 outlook, published Wednesday, the British lender said it expects European equities to...
Brazil’s new FX low is not the financial record to watch
The news flashed across social media and was picked up by national TV news and the newspapers. It caused much hand-wringing and anxiety – not least as these stories were often accompanied by photographs of supporters of the impeachment of...
USD/TRY Expect 5.8030
Pivot (invalidation): 5.7630 Our preference Long positions above 5.7630 with targets at 5.7910 & 5.8030 in extension. Alternative scenario Below 5.7630 look for further downside with 5.7450 & 5.7290 as targets. – advertisement – Comment The RSI calls for a...
Investment: The UK’s push for impact
The UK saw the launch of its Impact Investing Institute (III) on November 28. It’s hard to get excited about yet more impact initiatives or coalitions, but this one I can get on board with. For a start, it’s consolidating...
Sterling Surges as YouGov Poll Lifts Brexit Optimism
Sterling surges broadly today as YouGov predicts a Conservative Win in the upcoming UK election, which puts Brexit on the right track. The Pound also takes Euro slightly higher somewhat. On the other hand, Australian Dollar is generally weaker after...
European markets seen lower as US and China clash over Hong Kong
European markets are set to open lower on Thursday, as investors monitored friction between the U.S. and China over the Hong Kong protests. The U.K.’s FTSE 100 is seen down 10 points at 7,405, Germany’s DAX down 22 points at...
Signal2forex.com - Best Forex robots and signals




