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The AUD/USD pair hit a two-month low as the Australian economy grew by 2.30% in December 2018, its weakest pace since June 2017. Expectations of 2.80% were greatly missed, suggesting the Reserve Bank of Australia’s growth outlook of 3% in 2019 should be downgraded soon...
On Wednesday morning, the US dollar was better bid against most of its peers despite the Fed dovish U-turn. The greenback rose the most against the Australian dollar, with AUD/USD down 0.72% to $0.7030, amid disappointing growth figures for the fourth quarter (2.3%y/y versus 2.6% exp. and 2...
Pattern Analyzer Information panel with which you can test patterns. The panel consists of three tabs: Analysis tab. Here is the analysis of existing patterns. Autosearch tab. In this tab, you can analyze the generated patterns. Settings tab...
Pivot (invalidation): 56.75 Our preference Short positions below 56.75 with targets at 55.55 & 55.25 in extension. Alternative scenario Above 56.75 look for further upside with 57.20 & 57.55 as targets...
Pivot (invalidation): 15.1600 Our preference Short positions below 15.1600 with targets at 14.9800 & 14.9000 in extension. Alternative scenario Above 15.1600 look for further upside with 15.2700 & 15.3900 as targets...
Pivot (invalidation): 1290.00 Our preference Short positions below 1290.00 with targets at 1282.50 & 1280.00 in extension. Alternative scenario Above 1290.00 look for further upside with 1294.50 & 1297.00 as targets...
Pivot (invalidation): 2778.00 Our preference Long positions above 2778.00 with targets at 2803.00 & 2816.50 in extension. Alternative scenario Below 2778.00 look for further downside with 2764.00 & 2750.00 as targets...
Pivot (invalidation): 11570.00 Our preference Long positions above 11570.00 with targets at 11640.00 & 11680.00 in extension. Alternative scenario Below 11570.00 look for further downside with 11515.00 & 11460.00 as targets...
Pivot (invalidation): 5.3780 Our preference Long positions above 5.3780 with targets at 5.4020 & 5.4180 in extension. Alternative scenario Below 5.3780 look for further downside with 5.3650 & 5.3490 as targets...
Pivot (invalidation): 0.7065 Our preference Short positions below 0.7065 with targets at 0.7015 & 0.6990 in extension. Alternative scenario Above 0.7065 look for further upside with 0.7090 & 0.7115 as targets...
Pivot (invalidation): 1.3325 Our preference Long positions above 1.3325 with targets at 1.3400 & 1.3425 in extension. Alternative scenario Below 1.3325 look for further downside with 1.3300 & 1.3270 as targets...
Pivot (invalidation): 1.0020 Our preference Long positions above 1.0020 with targets at 1.0070 & 1.0090 in extension. Alternative scenario Below 1.0020 look for further downside with 0.9995 & 0.9975 as targets...
Pivot (invalidation): 112.00 Our preference Short positions below 112.00 with targets at 111.60 & 111.30 in extension. Alternative scenario Above 112.00 look for further upside with 112.15 & 112.40 as targets...
Pivot (invalidation): 1.3180 Our preference Short positions below 1.3180 with targets at 1.3095 & 1.3050 in extension. Alternative scenario Above 1.3180 look for further upside with 1.3225 & 1.3255 as targets...
Pivot (invalidation): 1.1315 Our preference Short positions below 1.1315 with targets at 1.1285 & 1.1265 in extension. Alternative scenario Above 1.1315 look for further upside with 1.1345 & 1.1370 as targets...
The American Petroleum Institute (API) on Tuesday reported an increase in US oil reserves by 7.29 million barrels for the week ending March 1. The previous week ending February 22, the API reported a drop in oil reserves of 4.2 million barrels...
After Watching This Video you will get *Basic concepts about Forex trading *Concept about Currency Pair. *What factors play a systematic role for Profit or Loss...
The economies of France and Germany are slightly recovering. Italy’s annual GDP figures indicate a technical recession: mid-duration yields are starting to tick upwards with 10-years at 2.75%. That’s 1% below Greece (highest in EU), but Greek yields are falling while Italy’s are heading higher...
Today China’s National People’s Congress reduced its economic growth target to 6.00-6.50%, announced a policy of “easing for stability” and initiated meaningful tax cuts. Policy remains focused on fiscal stimulus over credit expansion...
