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AUD/USD Price Analysis: Rejected at 6-week bearish trendline
A multi-week bearish trendline caps AUD/USD's upside.
The immediate outlook stands neutralized due to rejection at the key trendline.
Friday's low is now the level to beat for the bears.
AUD/USD currently trading in the red at 0.7216, having faced rejection at 0.7234.
That level is housing the
Three warning signs Trump may be sicker than we are being led to believe
Disentangling information and misinformation on Trump's condition is complex, there is so much political spin involved.
STAT is a site with journalism-related to "health, medicine, life sciences". I've turned to this piece for what I hope is objective information with a minimum of political interf
EUR/USD Price Analysis: Eyes bullish trendline after rejection above 1.19
EUR/USD's daily chart shows bull failure at 1.19.
Daily chart RSI shows bearish bias with lower highs.
EUR/USD looks south, having failed to chew through offers around the psychological level of 1.19 on Tuesday.
The bulls have failed twice in the past four trading days to establish a foothold ab
DXtrade Integrates with Match-Trade Technologies Liquidity Pool
Photo: DXtrade, Devexperts
DXtrade, the trading platform from Devexperts, continues to expand, having integrated with Match-Trade Technologies liquidity pool, increasing the range of liquidity solutions available for brokers.
A Software as a Service (SaaS) foreign exchange (forex) and contracts fo
Atlassian, Twist Bioscience, Roku Inc, Zillow Technical Analysis [Video]
Atlassian [TEAM] Twist Bioscience [TWST] | Roku Inc [ROKU] | Zillow [Z] Technical Analysis & Investing Tradinglounge uses Elliott Wave and Trading Levels Analysis offering Trades and longer term positions suitable for portfolios.
RBA Lowe says its possible the cash rate will be 0.25% for the next 5 years
Reserve Bank of Australia Governor Philip Lowe is appearing in front of the Parliament's House of Representatives' Standing Committee on Economics
says its possible the cash rate will be 0.25% for the next 5 years
hopes it will not be that low for that long but its possible
its possible the cash ra
BOE FSR: UK GDP, Unemployment Rate to recover, CPI may soften
In its latst Financial Stability Report (FSR), the Bank of England (BOE) said that the Monetary Policy Committee (MPC) agreed not to tighten the rates further unless inflation sustainably moving to the target. The BOE also said, that negative policy rates at this time could be less effective as a to
Following USGFX Administration, USG Moves Headquarters to London
Photo: Reuters
Following the voluntary administration of Union Standard International Group PTY (USGFX), the Board of Union Standard International Group Holdings (USG), announced this Tuesday that the Group will be moving its headquarters out of Sydney and into London.
The news is part of a statem
XE Market Analysis: North America - Jul 14, 2020
The dollar firmed moderately and then weakened moderately, while the pound underperformed and the euro outperformed. Asian and European stock markets declined, following Wall Street's negative close yesterday, while U.S. index futures lifted. S&P 500 futures were off the highs but showing a 0.3%
Here's a EUR/USD forecast (to 1.15) with the ECB expected to be optimistic this week
The European Central Bank meet this week, preview below.
Meeting Thursday 16 July 2020
Policy announcement at 1145GMT (policy likely unchanged)
Euro forecast via Danske (this from late last week):
We remain constructive and expect the broad USD to decline over the coming months
3 month forecast
Sensex Up 125 Points In Early Trade; Nifty At 10,736
Indian shares opened higher on Thursday, mirroring gains in global markets on renewed hopes of economic recovery from the coronavirus pandemic.
The benchmark S&P BSE Sensex rose 125 points, or 0.35 percent, to 36,454 in early trade, while the broader NSE Nifty index was up 30 points, or 0.29 per
Malaysia Exports Decline At Fastest Pace Since 2009
Malaysia's exports logged its biggest decline since the global financial crisis in 2009, data from the Department of Statistics showed on Thursday.
Exports fell 23.8 percent year-on-year to MYR 64.9 billion in April. Economists had expected a 15.1 percent decline. This was the largest decline since
Indonesia Bourse May See Continued Support
The Indonesia stock market rebounded on Monday, one session after it had halted the two-day winning streak in which it had collected more than 90 points or 2 percent. The Jakarta Composite Index now sits just beneath the 4,515-point plateau and it may extend its gains on Tuesday.
The global forecast
Pull-up Update