Week Ahead: FOMC and Jobs Data in Sight
- Fundamental Analysis, Recent Posts, Trending Now
- April 27, 2024
Cryptocurrency has become a trending space, as many crypto-assets such as bitcoin (BTC), altcoins, and other digital assets have skyrocketed in value. If you’re thinking about investing or trading in the crypto space, here are 7 factors to consider before making your first cryptocurrency investment. Proof-of-Stake vs Proof-of-Work There are two major types of
READ MOREFP Markets launches the FP Markets Partners Hub. The premium choice for IBs & Affiliate Marketing experts. The FP Markets Partners Hub is a rich source of information for partners containing marketing material and in-depth informative articles and tips for IBs and Affiliates to learn how to maximise their earning potential. FP Markets has launched
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Sealing its third consecutive week in positive terrain, the US Dollar Index (USDX) added 0.6 per cent and refreshed year-to-date highs of 101.33. The tail end of the week welcomed healthy buying following a retest of the widely watched 100.00 base, aided by channel
READ MOREECB MEETINGS OF 2020 SHOULD REALLY BE CALLED ECB ‘STRATEGY REVIEWS’.
Newly minted Chair Christine Lagarde clearly wanted to give herself ‘room’ having ordered a review to consider all aspects of its mandates, targets specifically inflation, performance, operational tools, communication and policy setting, plus others. It clearly leaves the ECB in a holding pattern, but that holding pattern means its highly unconventional policies setting won’t change until the Strategy Review is complete.
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: A bearish narrative fell across US equities on Thursday amidst rising US Treasury yields. Against a basket of six major currencies, the US Dollar Index (USDX) also welcomed a bullish phase, reclaiming a portion of recent USD downside and weighing on Europe’s shared currency. EUR/USD, technically speaking, has
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MOREReading Time: 7 Minutes A critical component of successful Forex trading is striking an optimal balance between risk and reward, a balance that is suitable for not only the trading system (Forex trading strategy) used but also the trader/investor’s risk tolerance. At its heart, a risk-reward ratio assesses the potential risk and potential reward (sometimes
READ MORECharts: Trading View (Italics: Previous Analysis) EUR/USD: Hawkish ECB commentary and a broadly softer USD underpinned EUR/USD on Wednesday. This—coupled with the ‘technical lift’ from weekly support—observed a 0.5 per cent advance. Although the currency pair has been stepping lower since the beginning of 2021, Quasimodo support at $1.0778, complemented by channel support (extended from
READ MOREOPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.
READ MORE