Daily News Update: 07th November 2023
07 November 2023
On Tuesday, November 7th, 2023, Australia is scheduled to unveil its Cash Rate alongside the RBA Rate Statement. This important financial event will be closely watched by market participants and analysts for insights into...
Week of 30th October - 03rd November 2023
30 October 2023
On Monday, October 30, 2023, watch out for two important economic events: the release of Germany's Preliminary Consumer Price Index (CPI) month-on-month (m/m) data and Spain's Flash Consumer Price Index year-on-year (y/y) report...
(Week of 23th - 27th) October 2023
24 October 2023
On October 24, 2023, the financial markets are poised for significant developments as a series of high-impact news announcements are on the horizon. The United Kingdom is gearing up to unveil its Claimant Count Change data, while...
(Week of 16th - 20th) October 2023
16 October 2023
On Monday, October 16, 2023, the United States is set to publish the Empire State Manufacturing Index, and concurrently, New Zealand will release its CPI q/q data.
USD - Empire State Manufacturing Index
Traders value this indicator...
(Week of 2nd - 6th) October 2023
2 October 2023
On October 2, 2023, the United States is scheduled to release a highly impactful news announcement regarding ISM Manufacturing PMI. This announcement is expected to have a significant impact on trading pairs.
USD - ISM Manufacturing PMI...
(Week of 25th - 30th September 2023)
25 September 2023
The German Ifo Business Climate report is on the agenda for Monday, September 25th, 2023, with its release scheduled for 9:00 AM GMT+1.
EUR - German Ifo Business Climate
Traders watch the German Ifo Business Climate because it's a...
(Week of 18th - 22th) September 2023
19 September 2023
Australia is set to unveil its Monetary Policy Meeting Minutes on September 19, 2023, while Canada will simultaneously release its Consumer Price Index (CPI) data.
AUD- Monetary Policy Meeting Minutes
The Monetary Policy Meeting...
(Week of 11th - 15th September) 2023
12 September 2023
The UK is set to release its Claimant Count Change on Tuesday, September the 12th, which is expected to exert a significant influence on the currency markets.
GBP – Claimant Count Change
While the unemployment rate is typically...
Week of 14th - 18th AUGUST 2023
15 August 2023
On August 15th, ten high-impact announcements are scheduled:
AUD: Monetary Policy Meeting Minutes
AUD: Wage Price Index q/q
CNY: Industrial Production y/y
GBP: Claimant Count Change
CAD: CPI m/m
CAD:Median CPI y/y,
This Youtube video is an analysis of 7 different Australian Dollar (AUD) pairs. We can use the analysis to determine of the AUD is strong, weak, or mixed. Than we can use this information to generate trading plans, or to know the direction for entering live trades into the AUD/USD, EUR/AUD, etc...
Today in the main session forex trading the AUD was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. Today in...
Today in the main session forex trading the AUD was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The AUD/JPY...
Today in the main session forex trading the AUD was weak on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The AUD/USD...
You can start by reading the previous analyses made in the[URL deleted] daily time-frame and in the[URL deleted] weekly time frame.
Today, I present you the analyses in the 4-hour time frame. The first Profit Target of the Double Top Pattern is almost reached. The usual expansion expected is...
The primary trend of AUD/USD is bearish on charts and price is sustaining below trend line in its hourly chart. In hourly chart the price is sustaining below 50 day SMA and taking resistance of 200 day SMA indicating downtrend of the pair. It is having an important resistance at the level of...
It is expected to decline this coming release. Moreover, the strengths and weaknesses among the leading indicators have been roughly balanced over the past six months. A decrease from 0.2% to -0.1% was seen last release. So, I would remain neutral for Aussie.