pipdmt Posted February 11, 2020 Share Posted February 11, 2020 USDJPY Federal Reserve Chairman Jerome Powell appears before Congress on Tuesday to begin two days of testimony and is expected to reiterate that the U.S. economy is doing well but that rates stay low given subdued inflation. This should be enough to support demand for higher-yielding assets. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 EURUSD U.S. Dollar Index Futures (DX) Technical Analysis – Inching Through 4-Month High Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside momentum is strong so we’d like to see the trend confirmed by a new higher-high. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 GBPUSD GBP/USD – British Pound in Holding Pattern Ahead of GDP Releases The British pound is having a quiet week, but traders should be prepared for stronger movement, with the release of Preliminary GDP at 9:30 GMT. We’ll also get a look at manufacturing production, a key event. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 AUDUSD AUD/USD Forex Technical Analysis – Overtaking .6718 Could Trigger Surge int 0.6734-.6742 Based on the early price action and the current price at .6714, the direction of the AUD/USD the rest of the session on Tuesday is likely to be determined by trader reaction to the pivot at .6718. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 NZDUSD We may have seen the range for the day in the AUD/USD and NZD/USD since there aren’t any economic reports from the U.S. later today. Furthermore, gains are likely to be capped if hedgers continue to treat the U.S. Dollar as a safe-haven asset. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 USDCAD Monday’s price action and the current price at 98.725 likely means the direction of the index on Tuesday will be determined by trader reaction to yesterday’s high at 98.770. The upside momentum is strong so we’d like to see the trend confirmed by a new higher-high. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 EURJPY Three long-term Forex occasions. EURJPY, AUDJPY and CADCHF Today, we will show you long-term situation on the three currency pairs, where we could spot interesting trading opportunities. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 SPX500 No Returning of the Stock Market Bears? Stocks rebounded strongly in the previous week, but have wavered on Friday. Their performance today isn’t exactly shaping to be the strongest ever either. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 NASDAQ Based on the early price action and the current price at 9577.00, the direction of the March E-mini NASDAQ-100 Index the rest of the session on Tuesday will be determined by trader reaction to Monday’s close at 9527.50. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 DJIA Based on the early price action and the current price at 28950, the direction of the March E-mini Dow Jones Industrial Average futures contract the rest of the session on Monday is likely to be determined by trader reaction to the steep uptrending Gann angle at 28873. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 FTSE Today’s analysis is about indices because it looks like, we are approaching another correction on the stock market. Current drops are contributed not to the US-China trade wars or US-Iran conflict but to a new player in the game: Coronavirus sweeping across China. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 DAX It’s another quiet day on the economic calendar, leaving the majors in the hands of the news wires and FED Chair Powell’s testimony. Quote Link to comment Share on other sites More sharing options...
pipdmt Posted February 11, 2020 Author Share Posted February 11, 2020 CAC40 European Equities: A Lack of Economic Data Leaves Coronavirus Updates and Geopolitical Risk in Focus The futures point to the red as the market digests growth forecasts for China. The spread of the coronavirus has continued despite government best efforts. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 29, 2022 Share Posted September 29, 2022 It's a pity that this topic has been discontinued. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted November 30, 2022 Share Posted November 30, 2022 On 9/29/2022 at 5:49 PM, Vaabum said: It's a pity that this topic has been discontinued. We will need to use our trading based skills so that more profits can be obtained by us. Quote Link to comment Share on other sites More sharing options...
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