Poor Job Data Sends Aussie Lower, Yen Jumps as Risk Aversion Continues
Australian Dollar tumbles broadly today after poor employment data, which suggests RBA is still on track for more easing. Additionally, the Aussie and Kiwi are weighed down by risk aversion in Asian markets. Hong Kong stocks lead others lower again...
Elliott Wave View: USD/JPY Remains Supported
Elliott Wave View on USDJPY suggests the rally from October 3 low is unfolding as a leading diagonal. A leading diagonal is one form of a 5 waves move with wave 1 and 4 overlapping and the structure looks like...
Climate change is damaging the lifelong health of the world’s children, medical officials warn
A man and a child wearing breathing masks are seen on an electric vehicle in smog on November 14, 2018 in Beijing, China. Yang Kejia, China News Service | Visual China Group | Getty Images Climate change is already damaging...
What’s behind UBS’s joint venture with Banco do Brasil?
Banco do Brasil CEO Rubem Novaes talks with Sylvia Coutinho, country head of UBS Brazil, before a news conference in São Paulo on Thursday The logic behind the announcement of an investment banking joint venture (JV) between Banco do Brasil...
German Recession? Wait Before Panicking
The Eurozone is expected to confirm its initial GDP growth estimate for the third quarter on Thursday at 0.2% q/q but prior that all attention will be on the German preliminary readings (06:00 GMT) that are forecast to show that...
USDTRY Flirts with 40-Day MA and 38.2% Fibonacci Within a Sideways Market
USDTRY sellers are trying to push below the 5.75 mark, which is the 38.2% Fibonacci retracement of the down leg from 6.24 to 5.45 and where the 40-day simple moving average (SMA) is currently located. The pair seems to be...
Swiss Franc and Yen Jump on Risk Aversion, Kiwi Maintains Gain
New Zealand Dollar remains the strongest one today as boosted by RBNZ’s hold. But risk aversion is picking up momentum and sends Swiss Franc and Yen generally higher. Hong Kong stocks led the global markets lower again as unrest in...
AUD/USD Outlook: Aussie Extends Weakness as Trade Optimism Fades
The Australian dollar fell to two-week low against its US counterpart on Wednesday, extending weakness into fourth straight day and breaking through important Fibo support at 0.6830 (38.2% of 0.6670/0.6929). Lack of breakthrough in US/China trade talks cooled down risk...
Surprise, Surprise For Kiwi Traders…
RBNZ surprised the markets during today’s Asian session, as it maintained rates unchanged at +1.00%, in contrast to market expectations of a rate cut. The decision caused the NZD to rally upon the release, strengthening against the USD by around...
Forex Shrugs Risk Aversion, Kiwi rebounds after RBNZ Hold
Asian stocks are broadly lower today, as lead by free fall in Hong Kong stocks. But the development is largely shrugged off by the forex markets. New Zealand dollar rebound strongly after RBNZ surprisingly stands pat today. Swiss Franc and...
Signal2forex.com - Best Forex robots and signals




