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US 30 and Gold Analysis – March 14, 2018

Post by on March 14, 2018

The US 30 Index fell yesterday after headlines broke that the US Sec of State was being sacked by the President. The index closed at 25007.00 (down -0.68%) on the news, pushed further down late in the US session by the President’s call for $60B worth of trade tariffs on imported Chinese goods. Sentiment remains […]

The Dollar Index Edges Lower Following CPI Data and Rexit

Post by on March 14, 2018

The dollar index fell following yesterday’s decision by President Trump to fire his Secretary of the State. This came as the bureau of labor statistics released a report showing that inflation had edged lower but in line with what analysts were expecting. The Month over Month (MoM) Core CPI rose to 0.2% while the annualized […]

14.03.2018 – Spike Controller by Dukascopy

Post by on March 14, 2018

US Consumer Price Index publication has sent the spreads higher yesterday, so let’s see what have been the average and maximum separations. Euro/Dollar’s spreads have averaged at point 32 pips during the past 24 hours, peaking at 2.7 pips. Daily high and low difference was posted as the pair gained point 71% or 87 pips, […]

Daily financial news by- Binary.com-March 14th 2018

Post by on March 14, 2018

Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 14th 2018

Mar 14th, 2018: China Boosts Aussie

Post by on March 14, 2018

Morning Report: 07.00 London This morning, the Australian dollar is leading markets higher after better than expected Chinese industrial production data. Both the AUD/ USD and AUD/ JPY are rising after yesterday’s volatile session. The dollar pairs are generally mixed, with the dollar index negative admin US political uncertainty. The EUR/USD and GBP/USD are on […]

Technical Analysis – AUDUSD gains some ground; builds base around 23.6% Fibonacci level

Post by on March 14, 2018

AUDUSD is trading higher following the rebound on the 0.7715 significant support level. However, the bullish movement paused at the 40-day simple moving average near the 0.7900 psychological level during yesterday’s session. Looking at the momentum indicators, the RSI indicator is moving slightly above its neutral threshold of 50 and is sloping to the upside, suggesting that the […]

Daily Market Review, March 13th 2018: EUR traders await data

Post by on March 14, 2018

Stay informed about headline news and trends across the world’s ever-fluctuating financial markets through binary TV. From stocks and Commodities to global currencies, Indices, and more, we help you keep up-to-date with our Daily Financial Market News, all brought to you exclusively from binary.com Daily financial news by- Binary.com-March 13th 2018

China data mixed, ECB speakers on tap, Tillerson to go by end March .

Post by on March 14, 2018

https://pepperstone.com/en/Forex-news/market-review –FX and Cryptos subdued AUD and BRL the highlights. -China Industrial productions beat, Retail sales don’t. -The UK prepares sanctions on Russia. -Rex Tillerson is sacked by Trump and will leave by end-March. -Trump’s economic scorecard to date. The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden. […]

Bitcoin Divides Players

Post by on March 13, 2018

BITCOIN price has not recovered yet, with the cryptocurrency currently under further decline, now trading between $8800-$9900. The crypto market seems depressed, despite Wall Street analyst Thomas Lee’s Bitcoin Mystery Index giving a buy signal. The cryptocurrency market capitalisation is now struggling to surpass $400 billion, which begins to emerge as a new short-term resistance […]

USDJPY and CADJPY Analysis – March 13, 2018

Post by on March 13, 2018

The Japanese Yen has weakened against other major currencies in recent sessions, amid a political scandal engulfing Prime Minister Shinzo Abe’s government. Japan’s ministry of finance reported that it altered documents relating to a discounted sale of state-owned land to a school operator associated with the Prime Minister’s wife. However, the Bank of Japan (BoJ) […]

EURUSD and GBPJPY Analysis – March 13, 2018

Post by on March 13, 2018

The EURUSD pair has managed to find support and resistance at previously broken trend lines and has pulled back to the 1.23000 level, forming what looks to be wedge across it. This can happen around important levels as sellers and buyers battle for control. The wedge can be a continuation pattern but can also cause […]

Nasdaq 100 and S&P 500 Analysis – March 12, 2018

Post by on March 13, 2018

U.S. equities rallied sharply on Friday, after the release of U.S. Non-Farm Payrolls data. The U.S economy added 313,000 jobs last month, much better than expectations of about 205,000, with unemployment holding steady at 4.1%. Moreover, hourly earnings surprised to the downside, rising a modest 0.1% and cutting the annual pace to just 2.6%, from […]

USDCAD and EURGBP Analysis – March 12, 2018

Post by on March 13, 2018

The USDCAD pair has risen to test 1.30000 in recent sessions and has dropped back to test support at 1.28000 as a backstop. As price is caught between these areas, there is a chance we stay in the range until energy is gathered and a direction is found. The trend has been higher during recent […]

US Monthly Budget Experiences Biggest Decline Since February ‘14

Post by on March 13, 2018

The US Monthly Budget Statement (Feb) was $-215B v an expected $-216B, against a reading of $49.0B in the prior month. This data represents the balance of the federal government’s income and spending. The February number was the biggest decline in the budget since February of 2014. Seasonally, the February data is lower than other […]

US Earnings and Jobs Data Hit a Sweet Spot for Markets

Post by on March 13, 2018

The US Nonfarm Payrolls data released on Friday showed a strong increase in job creation and, combined with the lower than expected increase in Hourly Earnings, sent the markets into risk-on mode. This was a complete reversal of the previous month’s reaction to this data series when positive sentiment evaporated as fears of inflation and […]