Technical and Market Analysis by Vistabrokers - page 59
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Brief Asian Session Review by Vista Brokers
After mixed labor market data released in Australia, Aussie rose against the U.S. dollar.
Asian stock markets were also rising. Investors expect new signals that the Fed will continue its ultrasoft monetary policy from today's Consumer Price Index report in the USA. Find out more at Fundamental Analysis of Vista Brokers.
USD / JPY. Dollar Is Close to Failure
USD/JPY
is testing a support
level,
a
break
out
of which may
indicate
the start of a downward trend.
Today
the U.S.
inflation data
will
certainly cause
a certain
resonance in the
market
. It is recommended to be prepared to go short.
Read more at
TechnicalAnalysis of Vista Brokers.USD / CAD. New Descending Wave May Form
It seems that we will not see a f
ull
retracement
in USD/CAD
. Thus, oil prices fell sharply
again
, and
it
continue
s
to
put pressure
on the
pair
.
Trend indicators confirm the downward trend.
Find out more at
TechnicalAnalysis of Vista Brokers.New Zealand Dollar Fell Ignoring Statistics
The New Zealand dollar declined, although the statistics on the inflation was slightly better than expected.
It seems that stimulus measures of the RBNZ supports the economy. Nevertheless, kiwi is declining against the U.S. dollar, as the latter has received a strong upward momentum. Read more at Fundamental Analysis of Vista Brokers.
EUR / USD. Bulls Are Still in Good Shape
Bulls failed to consolidate above
a
resistance level.
On Friday
,
a
corrective decline
of
EUR/USD
was caused with
consumer sentiment
data published
in the US
A
.
At the same time, we state the fact that quotes were fixed directly on a support line of a current uptrend. Read more at
Technical Analysis of Vistabrokers.AUD / USD Loses Momentum
There was a re
bound of AUD/USD
from
a
medium-term downtrend line. It should be noted that today China has published important indicators that were sufficiently mixed.
E
conom
ies
of China and Australia are closely related, so the market reaction may still occur in the near future.
Discover more at
Technical Analysis of Vistabrokers.USD / JPY. Buyers Are Close to Success
USD/JPY
has
reached
an
upper boundary of
a
side
ways
channel,
where
quotes s
tay
for
the last
two months.
B
ut we can enter
a long position
only
after break
out of
one of its borders. F
ind out more at
Technical Analysis of Vistabrokers.EUR / USD. Draghi Says to Sell
Draghi said the euro "should continue to decline" and it is a signal to sell.
EUR/USD has reached an important level of support and, given the mood of bears, it could be passed very soon. Trend indicators confirm the downward trend. Read more at Technical Analysis of Vistabrokers.
Brief Asian Session Review by Vistabrokers
The People's Bank of China has lowered the interest rate to 4.35%. Asian stocks were supported amid this news, as well as gold and oil.
However, analysts say that given the speculative nature of this growth, it will not last long. Discover more at Fundamental Analysis of Vistabrokers.
USD / JPY. Bulls Have Every Chance to Attack
USD/JPY left borders of a
horizontal trading channel a
mid
a widespread recovery of stock indexes.
I
t is no need to hurry with purchases
.
Find out more at
Technical Analysis of Vistabrokers.