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Daily Forex News and Watchlist: EUR/AUD
EUR/AUD just got rejected at a short-term resistance zone!
Will today’s events keep the pair inside its identifiable consolidation?
Before moving on, ICYMI, yesterday’s watchlist checked out USD/CHF’s potential trend retracement ahead…
Oil could make new 10-month high on EIA data
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Oil (WTI) advances over 0.5% as traders brace for weekly EIA data.
The US Dollar prints another…
FTSE 100, DAX and S&P 500 Try to Stabilize After Rout
Written by Axel Rudolph, Senior Market Analyst at IG
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FTSE 100 stabilizes after slipThe FTSE 100, having on Monday slipped through its 200-day simple moving…
Play of the Day: AUD/JPY’s Trend Retracement Levels
AUD/JPY turned lower from a weekly resistance zone and now the pair is heading for a key area of interest.
Will AUD/JPY find demand at the level?
Here’s what we’re seeing in the 1-hour time frame:
AUD/JPY 1-Hour Forex Charts by TV
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Australian Dollar hovers above monthly low after hot inflation data
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Australian Dollar weakens despite hot monthly inflation.
Australia’s inflation improved to 5.2% as…
Crude Oil Consolidates but Retail Positioning Changes Support a Bullish Posture
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities UpdateCrude oil consolidation had continued in recent daysBut, retail traders are building downside exposureIs this a sign that WTI may resume higher next?…
S&P 500 & Dow Fall Below Key Support; Potential H&S in Nasdaq
S&P 500, SPX, NASDAQ 100, NDX, DJIA - OUTLOOK:The S&P 500 and DJIA have fallen below key support.The Nasdaq 100 index risks a bearish head & shoulders pattern.What are the outlook and the key levels to watch in the three US…
Semes poised to surpass record high and conquer 84.00 mark
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USD/INR consolidates its weekly gains and remains below the monthly swing peak.
The USD stands tall…
AUD/USD Stuck in a Range, Silver Eyes retest of Trendline Support
Market RecapWall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields, higher oil prices and a gridlock in the US government funding…
Australia CPI inflation picks up in August, meets estimates
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The official data published by the Australian Bureau of Statistics (ABS) showed on Wednesday that…