• Currency Point: Hatching hawks

    Currency Point: Hatching hawks

    • April 8, 2022

    ECB 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.

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  • Currency Point: 17 pieces of 2 cents

    Currency Point: 17 pieces of 2 cents

    • April 8, 2022

    ECB 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.

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  • Global Fundamental Analysis 08/04/2022

    Global Fundamental Analysis 08/04/2022

    • April 8, 2022

    OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.

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  • April 8th 2022: H1 Prime Resistance Eyed at $0.7509-$0.7527 on AUD/USD

    April 8th 2022: H1 Prime Resistance Eyed at $0.7509-$0.7527 on AUD/USD

    • April 7, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Global equities finished Thursday lower, following the latest FOMC meeting minutes. The US Dollar Index (USDX) modestly extended gains (up 1.2 percent WTD) as US Treasury yields—particularly across longer-dated maturities—refreshed WTD pinnacles. Against the US dollar, Europe’s single currency delivered a somewhat feeble spirit in recent days, with

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  • Global Fundamental Analysis 07/04/2022

    Global Fundamental Analysis 07/04/2022

    • April 7, 2022

    OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.

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  • April 7th 2022: H1 Prime Resistance at $0.7561-0.7540 Eyed on AUD/USD

    April 7th 2022: H1 Prime Resistance at $0.7561-0.7540 Eyed on AUD/USD

    • April 6, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Long-term technical flow derived from the weekly timeframe reveals a bearish setting has emerged this week, following last week’s test of resistance at $1.1147. Weekly channel support, extended from the low $1.1186, as well as weekly Quasimodo support at $1.0778, remain downside objectives on this timeframe. The bearish

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  • Global Fundamental Analysis 06/04/2022

    Global Fundamental Analysis 06/04/2022

    • April 6, 2022

    OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.

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  • April 6th 2022: Technical Landscape Favouring Further GBP/USD Softness South of $1.31

    April 6th 2022: Technical Landscape Favouring Further GBP/USD Softness South of $1.31

    • April 5, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: US Treasury yields soared on Tuesday, underpinning a USD bid and consequently weighing on EUR/USD for a fourth consecutive session. As underlined in recent analysis, additional downside is consistent with the higher timeframe technical picture. For those who read Tuesday’s technical briefing you may recall the following points

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  • Global Fundamental Analysis 05/04/2022

    Global Fundamental Analysis 05/04/2022

    • April 5, 2022

    OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract is expected to open down 3 points.

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  • April 5th 2022: EUR/USD Technical Picture Echoing Weakness to $1.09

    April 5th 2022: EUR/USD Technical Picture Echoing Weakness to $1.09

    • April 4, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Demand for EUR/USD waned once again on Monday, unearthing a third losing session for the currency pair. Technically speaking, it should not surprise that sellers have taken the wheel and may continue to demand control over the coming sessions. In terms of trend and structure, recent analysis on

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  • Black and White Technical Report

    Black and White Technical Report

    • April 3, 2022

    XJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.

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  • April 4th 2022: Technical Outlook Heading into the First Full Week of April

    April 4th 2022: Technical Outlook Heading into the First Full Week of April

    • April 2, 2022

    Charts: Trading View (Italics: Previous Analysis) EUR/USD: Europe’s single currency finished the week off best levels against its US counterpart, erasing a sizeable portion of earlier upside. Trend on the bigger picture continues to echo a downside bias, reflecting bearish status since topping at $1.2350 at the beginning of January (2021). This is reinforced by

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