НОВОСТИ

EUR/USD sellers probe intraday low while defying the previous day’s U-turn from 50-day SMA. Bearish MACD, failures to keep recovery moves from the key SMA favor sellers. EUR/USD teases intraday low of 1.2137 amid the recent fall during the initial Asian session on Tuesday. The major currency pair marked the heaviest losses in over a

BoJ Minutes: US dollar weakening moderately vs yen, must be vigilant to market moves including fx

The minutes of the last Bank of Japan meeting are trickling their way through the worse. Of note, a few members said that the US dollar was weakening moderately vs yen and that they must be vigilant to market moves, including fx. More minutes A few members said dollar weakening moderately vs yen, must be

Japan Corporate Service Price Index (YoY) came in at -0.4%, above expectations (-1.3%) in December

AUD/USD struggles to hold 0.7700 amid risks recovery, off in Australia

AUD/USD snaps two-day losing streak, while extending bounce off one-week low, despite recently easing from intraday top. Vaccine news battles uncertainty over the US stimulus, mixed headlines from China gets less audience. US Senate Confirms Jannet Yellen as Treasury Secretary, No major data up for publishing amid Australia Day off, updates concerning virus/vaccine and US

South Korea Gross Domestic Product Growth (QoQ) above expectations (0.7%) in 4Q: Actual (1.1%)

South Korea Gross Domestic Product Growth (YoY) came in at -1.4%, above expectations (-1.7%) in 4Q

USD/CAD Price Analysis: Keeps pullback from five-week-old resistance line above 1.2700

USD/CAD snaps two-day winning streak while easing from one-week top. Strong RSI, sustained trading beyond 21-day EMA favor bulls. USD/CAD consolidates recent gains around 1.2740 during the initial Asian trading on Tuesday. The loonie pair jumped to the highest since January 18 the previous day while piercing a downward sloping trend line from December 21.

GBP/NZD Price Analysis: Bears lining up for a downside continuation

GBP/NZD is gearing up across the time frames and offers a synchronised downside bias. The bulls are testing critical resistance where failures are expected to confirm next bearish leg. The cross has been stalling at daily support while the market takes on the monthly and weekly resistance. The following is a top-down analysis that illustrates

WTI eyes to regain $53.00 as vaccine news battles risk-off mood

WTI keeps recovery moves from $51.80 as risks recover. Updates from Moderna, AstraZeneca and Israel’s Maccabi Health Services favor risks. Geopolitical problems in Libya, Russia joins Iraq’s production cut news to help the oil bulls. API data, virus/vaccine updates and US fiscal package news will be important to watch. WTI remains firm at around $52.85

Senate now voting to confirm Janet Yellen as Treasury Secretary

US Senate voted to confirm Janet Yellen as the new Treasury Secretary. The US has its first-ever female Treasury Secretary as the 78th Treasury chief. There are no details on when Yellen will be sworn into office. The market had already presumed the fact so there is no reaction. However, Janet Yellen has signalled she will take a

Gold Price Analysis: XAU/USD indecisive as traders look ahead to key risk events

Spot gold prices were indecisive on Monday, swinging within a $20 range from the upper $1840s to the upper $1860s. US (and precious metal) markets are looking ahead to key risk events later in the week. Spot gold prices (XAU/USD) were indecisive on Monday, swinging within a $20 range from the upper $1840s to the

Covid-19 Vaccine Update: Moderna vaccine effective against UK, SA strains and promising Israeli data

Moderna held a conference call to discuss earlier released results on how its vaccine performed against newer variants of Covid-19. Earlier in the day, the Co. had claimed that its vaccine is still effective against the UK and South African variants of the virus. CEO Stephane Bancel, “we are encouraged by these new data, which

НОВОСТИ

EUR/USD Price Analysis: Fades bounce off 50-day SMA above 1.2100

BoJ Minutes: US dollar weakening moderately vs yen, must be vigilant to market moves including fx

Japan Corporate Service Price Index (YoY) came in at -0.4%, above expectations (-1.3%) in December

AUD/USD struggles to hold 0.7700 amid risks recovery, off in Australia

South Korea Gross Domestic Product Growth (QoQ) above expectations (0.7%) in 4Q: Actual (1.1%)

South Korea Gross Domestic Product Growth (YoY) came in at -1.4%, above expectations (-1.7%) in 4Q

ОБРАЗОВАНИЕ

Технический анализ

USD/RUB intraday: as long as 74.859 is support look for 76.077

Our pivot point stands at 74.859. Our preference: as long as 74.859 is support look for 76.077. Alternative scenario: the downside breakout of 74.859 would call for 74.421 and 74.161. Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above

EUR/RUB intraday: as long as 91.140 is support look for 92.480

91.140 is our pivot point. Our preference: as long as 91.140 is support look for 92.480. Alternative scenario: the downside breakout of 91.140 would call for 90.680 and 90.400. Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price

USD/ZAR intraday: the upside prevails as long as 15.0270 is support

15.0270 is our pivot point. Our preference: the upside prevails as long as 15.0270 is support. Alternative scenario: below 15.0270, expect 14.9310 and 14.8740. Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its

AUD/JPY intraday: rebound towards 80.60

Our pivot point stands at 79.85. Our preference: rebound towards 80.60. Alternative scenario: below 79.85, expect 79.58 and 79.42. Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (80.07) but

GBP/NOK intraday: our next up target stands at 11.7170

on 20 января 2021, in Technical Analysis

Our pivot point is at 11.5870. Our preference: our next up target stands at 11.7170. Alternative scenario: below 11.5870, expect 11.5440 and 11.5190. Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover,

GBP/INR intraday: as long as 99.568 is support look for 100.516

on 20 января 2021, in Technical Analysis

99.568 is our pivot point. Our preference: as long as 99.568 is support look for 100.516. Alternative scenario: below 99.568, expect 99.234 and 99.036. Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its

Ежедневный обзор рынка

CIX 1884 en DMB 2020-03-09

Daily Market Brief Monday, March 9, 2020 EUR/USD GBP/USD USD/JPY NZD/USD USD/CAD S&P 500 (CME) Dax (Eurex) Cac 40 (Euronext) Gold spot Crude Oil Foreign Exchange The US Dollar was bearish against most of its major pairs on Friday with the exception of the CAD. On the economic data front, the Trade Deficit decreased

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