Share: AUD/USD retreated below the 20-day SMA towards 0.6450. The August NFP report from the US sent mixed signals from the US labour market. The Greenback benefited from higher-than-expected ISM PMIs. In Friday’s session, the USD initially dropped and found support at the 20-day Simple Moving Average (SMA) of 103.30 but then managed
In the fast-paced world of financial markets, traders are always seeking tools that can help them make informed decisions. The Donchian Channel MT4 indicator is one such tool that has gained popularity among traders for its ability to identify trends and potential breakout points. In this article, we will delve into the details of the
HANG SENG, CSI 300 Index- Outlook: China manufacturing activity improved in August. The CSI 300 index and the Hang Seng Index have yet to witness material strength. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi The Fundamentals of Trend Trading The improvement in China’s manufacturing activity is
A new day, a new intervention by Chinese policy makers. But we will get to the solutions in a moment. Let’s start with the problems. Part of this began in the mid-1990s when a metal industry worker from a small rural village, Hui Ka Yan, had an idea: to borrow money to buy land. Sell
Markets: Gold flat at $1940 US 10-year yields up 8.8 bps to 4.18% WTI crude oil up $2.25 to $85.88 S&P 500 up 0.1% USD leads, CAD lags The initial market reaction to the non-farm payrolls report was about what you would expect — USD selling, bonds bid — but then it got complicated. The
UK and Euro Area PMI cast a shadow as recession talk returns. Todays data also adds an interesting dynamic to the ECB policy moving forward as price pressures appear to be rearing their ugly head once more. Was this enough for the ECB to pause in September? لینک منبع : هوشمند نیوز
Article by IG Senior Market Analyst Chris Beauchamp DAX 40, S&P 500, CAC 40 Analysis and Charts Dax sees further strength After rallying to the 50-day SMA earlier in the week, the index fell back yesterday as the euro strengthened and expectations of a fresh ECB rate hike in September rose. The bounce from last
3/3 © Reuters. FILE PHOTO: A worker receives a dollar cash payment in a store in a market in Caracas, Venezuela, August 12, 2021. REUTERS/Leonardo Fernandez Viloria/File Photo 2/3 By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought it was time to open a
Share: Nonfarm Payrolls for August provided data showing Fed may not require more hikes. NVDA stock has been forming Japanese candlestick doji patterns late this week that demonstrate uncertainty among bulls. Intel’s Gaudi 2 chip is being called a competitor to Nvidia’s H100. Samsung signs deal to begin supply high bandwidth memory chips
GBP/USD, DXY PRICE, CHARTS AND ANALYSIS: GBP/USD Looks to Recover Yesterdays Losses and Holds Above the 100-Day MA Ahead of US Data. Price Action Remains Choppy as Cable Eyes Clarity from US Data. Will September Provide More Clarity? IG Client Sentiment Shows Retail Traders are Net Long on Cable. As We Take a Contrarian View
