Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 XAU/USD (1075.07) Some points to consider in this article: The Yellow metal continues to trade higher after bouncing off the trend line support. Traders who are short sellers should look at the lower highs …
Read More »US Dollar – What is Next After the Fed Rate Hike?
0.0 00 Points to consider with this article: US Federal Reserve raises rates last week for the first time since 2006. The Dollar was supposed to move lower. Will it continue to rally in January? The …
Read More »CAC40 – The CAC 40 is Trying to Move Lower
0.0 00 CAC40 (4,607.50) The CAC40, France’s headline equity bourse, is trying to break lower again today after finishing Friday 1.12 percent lower. Futures are pointing to a lower start on Monday as European markets are …
Read More »Dax 30 – Is the German Dax Going Bearish?
0.0 00 Dax 30 (10,546.50) Points to consider in this article: Can the Dax recover from the damage done by the ECB? There is bearish head and shoulders candlestick pattern taking shape. Near term price action …
Read More »Copper is Depressed Thanks to Oil Prices
0.0 00 Points to consider today: Oil is stable around $37 per barrel after crashing overnight. Copper price also calmed down after China’s miss with its trade numbers. WTI Crude oil crashed overnight but price stabilized …
Read More »AUD/USD – The Australian Dollar Falls on Data
0.0 00 AUD/USD (0.72335) Points to consider in this Forex market: China’s trade surplus contracted further in November. This indicates lower global growth and commodity producer demand out of China will fall further. AUD/USD extends its …
Read More »XAU/USD – Gold Rallies Higher
0.0 00 Some points to consider in this Forex market: Gold bounced higher off a long term downward sloping trend line. Remaining quite bearish on the yellow metal. Gold (XAU/USD) managed to snap a six week …
Read More »ASX 200 – Range bound as Traders Wait on Data from China
0.0 00 ASX 200 (5.155.70) Talking points to consider with this equity market: Range trading as traders wait on China’s imports, exports (in USD) for release Tuesday Morning. Support levels to watch are at 5,078.10, 4,980 …
Read More »ASX 200 – The Australian Market is Consolidating
0.0 00 ASX 200 (5,227.70) Points to consider in this market: There is strong resistance at a multi-top. This level is at 5,305. Upward movement could result in consolidation in this market. Trade strategy: range trade …
Read More »AUD/USD – No Surprise RBA Keeps Rates the Same
0.0 00 Points to consider with this announcement: AUD/USD barely notices the status quo policy decision from the Reserve Bank of Australia. Euro could look past German data as European Central Bank (ECB) policy meeting looms. …
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