Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 22 of 25 FirstFirst ... 122021222324 ... LastLast
Results 211 to 220 of 245
  1. #211
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    Xtreamforex Forex Market Update: Australian weekly survey of consumer sentiment 105.6

    It was a meeting of minor moves after the occasion Monday in North America (US stock trades were open) … which was a sorry occasion for business sectors with enormous FX moves and some value falls.

    Forex development here during Asia has been substantially more restricted with little ranges overall and not a ton of net change.

    The news and information stream was not enormous either but rather there were some outstanding turns of events (that didn’t move FX as verified previously).

    Japan discount swelling hit a 13-year high, this turns up the pressure on industry benefits as costlier information costs are not being given to shoppers (CPI stays incurable). This will burden business CAPEX ahead, fewer benefits mean less yen to spend on business speculation.

    Business trust in Australia in September bobbed emphatically, offset by a fall in business conditions. The ‘conditions’ measure is estimated more dispassionately than the certainty feeling.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  2. #212
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524

    Generally speaking, EUR/USD is moving downwards. The EUR/USD pair exchanges a small bunch of pips over the referenced 2021 low, down for a second successive day. Specialized readings in the day-by-day outline favor another leg lower as the pair grows well underneath immovably negative moving midpoints. Simultaneously, specialized pointers stay inside bad levels, with the RSI continuing its decay inside oversold readings. G20 gatherings will be held today. EUR/USD’s next support zone is at 1.15000 and the following resistance zone is at 1.16300. Search for transient selling chances of EUR/USD up until the arrival of the gathering minutes by the FOMC tomorrow at 0200 (GMT+8).

    GBP/USD faces strong resistance near 1.3650 inside the symmetrical triangle.

    GBP/USD is moving downwards. G20 gatherings will be held today. The close term specialized standpoint for GBP/USD appears to have turned negative with the pair breaking underneath the rising pattern line coming from late September. Also, GBP/USD is trading beneath the 50-time frame SMA on the four-hour chart and the Relative Strength Index (RSI) marker is pushing lower toward 40. Right now, GBP/USD is trying the resistance zone of 1.36000 and the following support zone is at 1.34000. On the off chance that GBP/USD rejects the resistance zone of 1.36000, search for transient selling openings up until the arrival of the gathering minutes by the FOMC tomorrow at 0200 (GMT+8).

    Read Full News : Daily & Weekly Analysis on XtreamForex

  3. #213
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    Xtreamforex Asia session news wrap: Bank of Japan Governor Kuroda says (US) inflation is transitory

    USD/JPY rose from lows just shy of 113.25 to highs above 113.50 during the meeting here in Asia, Not a huge reach yet outstanding in the midst of the smaller ranges somewhere else in all cases.

    The News stream was light yet we had a lot of information stream, the majority of the attention on the Australian positions market report for September and Chinese CPI and PPI, likewise for September.

    The Australian work market report showed a bigger than anticipated number of employment misfortunes in the month and a higher joblessness rate. Interest fell forcefully. Hours worked rose. In short a mishmash yet dispassionately a more terrible instead of better report. It was to a great extent disregarded as a proceeding with the effect of lockdowns covering almost 50% of Australia’s populace. Further, both of the states affected are in transit towards resuming, NSW having started more rapidly than Victoria’s. In this way, assumptions are of a Q4 economic skip back and better information stream ahead. AUD/USD is down around 15 focuses from its pre-information meeting high. RBA Deputy Governor Debelle talked before in the meeting yet with very little effect (the perspectives on the RBA are notable at this point, tightening ahead however no rate rise conjecture until 2024).

    Read Full News : Daily & Weekly Analysis on XtreamForex

  4. #214
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English
    Fed’s Harker says not expecting rate hikes until late 2022, or early 2023


    The US Securities and Exchange Commission is supposed to be not restricting BTC prospects ETF exchanging, this makes room for dispatch. The news comes using different sources.

    After mulling sub-US$ 58K and towards $57K for a significant part of the meeting this got a fire going under BTC, it flooded above $58.5K as I am composing … or more $59K as I distribute.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  5. #215
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    EUR/USD, GBP/USD, USD/JPY & XAU/USD Affected!

    EUR/USD remains pressured towards 1.1600 amid rising Treasury yields

    At the hour of the press, EUR/USD trades a generally close reach of around 1.1600. The 100-period SMA on the four-hour outline and the Fibonacci 23.6% retracement of the downtrend that began toward the beginning of September appears to have framed intense opposition in the 1.1615-20 region. If the pair transcends that level and starts utilizing it as help, 1.1670 (Fibonacci 38.2% retracement) could be viewed as the following objective in front of 1.1700/10 region (mental level, Fibonacci half retracement, 200-period SMA). On the drawback, 1.1570 (50-period SMA, 20-period SMA) could be viewed as the main help before 1.1525 (15-month low) and 1.1500 (mental level).

    GBP/USD contains above 1.3750 amid USD weakness

    GBP/USD shut the keep going candle on the four-hour outline over the 200-period SMA and is right now testing the upper line of the climbing relapse channel coming from late September at 1.3740. Albeit the close term, specialized viewpoint stays bullish, the Relative Strength Index (RSI) marker is, by and by, surrounding the overbought region. On Thursday, the pair organized a 60-pip amendment after the RSI contacted 70 and a comparative response could be anticipated. 1.3750 (September 23 high) adjusts as the following opposition before the pair could target 1.3800 (mental level).

    Read Full News : Daily & Weekly Analysis on XtreamForex

  6. #216
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    EUR, JPY, GBP & XAU Saw a Market Retracement

    EUR/USD is trading close to 1.1650, recovering ground to clinch three-week highs

    The EUR/USD pair is trading at around the 23.6% retracement of its most recent everyday droop, estimated at 1.1908 and the year low at 1.1523. As per the everyday graph, the bullish potential is still very much restricted. An immovably negative 20 SMA continues to cover the potential gain, while the more drawn-out moving midpoints keep up with their negative slants well over the more limited one. Specialized markers are recuperating some ground with lopsided strength however holding inside regrettable levels, recommending a remedial stage as opposed to affirming a potential base. The 4-hour chart shows that the pair is over its 20 and 100 SMAs, with the more limited one going to cross over the more one.

    GBP/USD: Upside needs validation above the descending trendline near 1.3780

    On the daily chart, the GBP/USD pair has been in a consistent descending pattern since the high made on July 30 at 1.3983. The dropping trendline from the referenced level goes about as a solid obstruction for GBP/USD. The spot exchanges over the 50-day Simple Moving Average (SMA) at 1.3716 make bulls confident of some recuperation. On the off chance that the pair supports the intraday high alongside the break of the negative sloping line that would mean GBP/USD bulls can test the mental 1.3800 imprints. A fruitful break of the 100-day SMA at 1.3812 could clear the way for the 1.3850 even obstruction level.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  7. #217
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    Mexican Peso Improves as USD/MXN Degrades and EMFX Became Strong

    USD/MXN was high for the previous six months till it got near 20.90 last week. It was a major breakdown for the currency pair, as nobody expected it because of its amazing performance in the past. It was challenging because energy prices went down in the US but there is a significant help provided by the start of the quarterly earnings season as the corporate profits have helped the dollar to get strong easily.

    There is a solid bounce in the US equities along with the S & P 500 and Nasdaq 100 for nearly 6% and 7% from their monthly lows, even after the concerns about the fed policy normalization. EMFX works fine when things are going well on Wall Street and traders are also confident about doing risky trades that will give them the potential income they want. If the United States stocks perform well and the treasury curve becomes as per order, the Mexican peso will stand in a dominant position to fight against the US dollar.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  8. #218
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    USD/TRY Increases When Turkish Central Bank Delivers an Unexpected Large Cut

    USD/TRY has increased when central banks have released a large cut. It’s seen that the Turkish central bank has cut down the rates that it uses to lend money to commercial banks in the event of a paucity of funds. They have cut it to 16% that including 200bps mark that is unexpected by the Turkish government officials. Its shocking news that comes straight from the market as they only used to cut it to 50-100bps in the past. Not to ignore that this cut has arrived in the middle of the atmosphere where there is inflation pressure rose on the Turkish government.

    Inflation has occurred as the currency of Turkey (USD/TRY) is not strong and the EM central banks have a tight policy regarding their rules. The present president of Turkey Mr. Recep Tayyip Erdogan has suggested the staff to lower the interest rates so the inflation rates are also get lowered automatically. However, this may not be the right step taken by the government in this situation no matter the Turkish central bank is finding it comfortable. Things should be changed soon to improve the Turkish lira.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  9. #219
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    Canadian Dollar Dropped its Growth, Traders Waiting for Bank of Canada Statements

    Traders are waiting for the bank of canada’s statement over the CAD. The Canadian dollar that was moving with high strength has dropped its progress in the last week of October. But despite heavy a weak week, the currency has got dominance over the US dollar, British pound, Euro, and Japanese Yen since June. It’s a matter of great concern for traders that the cash will benefit from the downfall and it’s going to increase in November month.

    The currency of Canada offers the benefits from the global rising inflation situations as the prices of energy; commodities are rising and doing great. West taxes intermediate has leveled the position since 2014. The Canadian commodity can affect the local inflation and monetary policy too. There was a growth of 4.4% was seen in the last week’s CPI data as compared, which is also great news for the Canadian dollar. This has grown after a long time since the year 2003.

    Read Full News : Daily & Weekly Analysis on XtreamForex

  10. #220
    Senior Trader
    Join Date
    Nov 2015
    Posts
    366
    Post Thanks / Like
    Credits
    1,626
    My Language
    English

    COP26 Event is Going to be Organized on 31st Oct For Environmental Welfare The prices of energy are rising that are affecting the economies in nations like Asia, North America, and Europe. COP26 is a two-week event that is going to begin on 31st Oct

    The prices of energy are rising that are affecting the economies in nations like Asia, North America, and Europe. COP26 is a two-week event that is going to begin on 31st Oct in the Glasgow city of Scotland. The United States Conference of parties was organized first in the year 1995 where the 26 was added as the meeting was the 26th year of the event.

    What is the Energy Supply Production Concerns?

    The agreement between major economies like China, the UK, US and other countries pledged to use the fuels that will release fewer carbon emissions in the climate. These countries have started scaling back their use of coal and oil as the primary energy sources that is a great step to improve the climate. Things were going great but when the corona pandemic hit, countries again started focusing on their coal production to fulfill their energy needs.

    Assets Impacting COP26

    Cop26 goals will have a long-term effect on the diverse markets including currencies and commodities. When the oil production is reduced in the lack of an alternative energy resource, energy prices will be increased in short term as the demand for the oil will be high. The Australian dollar, Canadian dollar, and Norwegian Krone will see a rise when fossil fuels will not be used as their currency is strong. There is huge room for growth for these countries as more and more electrical manufacturing companies are creating vehicles that run without fuels.


    Read Full News : Daily & Weekly Analysis on XtreamForex

  11. ARIONFORXtarder
 

 
Page 22 of 25 FirstFirst ... 122021222324 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.5
Copyright © 2021 vBulletin Solutions Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2021 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2021 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 09:00 PM.
CompleteVB skins shared by PreSofts.Com