"There will be no winner in a trade war. So at some point they will likely strike a deal," said Mutsumi Kagawa, chief global strategist at Rakuten Securities in Tokyo. The trade dispute has already started to impact global growth, hitting businesses confidence, factory activity and disrupting supply chains. The worry is that a protracted Sino-U.S. tariff row...
look a on the right hand side you have three white Soldiers weekly chart then the price was rejected for two candles then it shoot up with a strong momentum force Same thing will happen on the right hand side that is why I said am looking at 1320.00 but it looks like there's a strong resistance zone at 1299.49 lets see how it goes. if it continues to do so...
UJ seems to drop. It will be a swing for the several days the way it seems to be. I saw it since yesterday but I was too busy to say and I forgot. But for those who jumped in they have gotten enough pips. On top of that...go to the 4H and draw an ascending channel and wait to break that support trendline for more confirmation. If it breaks that it will be a...
AUDUSD 0.7025 minor support intact, A rebound from 0.67475 might still extend higher. Yet Bulls are limited below 0.73909 (265 Pips from 0.71295) resistance level On the downside, break of 0.7025 minor support Shall turn bias back to the downside for retesting 0.67475 low. Overall, larger down trend with a stronger Bears from 0.81353 is expected to resume...
USDZAR the rand has gained strength and we are exporting more coal and gold since the beginning of January
Brexit has Dragged this pair to its grave. now that the talks have subsided we can anticipate, a strong bullish movement lets see what will me the outcome
USD/JPY BOUNCES OFF FRESH LOWS NEAR 108.70 The pair drops to fresh 8-month lows near 108.70. Lower US yields, risk-off trade sustain the downside. Trade, US shutdown, key data to rule sentiment today. The renewed buying bias around the Japanese currency is now dragging USD/JPY to fresh multi-month lows in the vicinity of 108.70, levels last seen in May...
GOLD MAY EXTEND GAINS AS US JOBS DATA DISAPPOINTS all eyes are on US employment data. Nonfarm payrolls are seen rising 155k in December while the jobless rate remains at a five-decade low of 3.7 percent and wage inflation inches back to 3 percent from a nine-year high of 3.1 percent. US data outcomes have increasingly disappointed relative to forecasts in recent...
USDJPY reversing 112.000, slipping back to 112.00 •The BoJ kept interest rates at -0.1%, and monetary policy remains unchanged, but investors remain on the risk-off side for Thursday. •Dollar gains continue to reverse direction as market participants flip-flop on the greenback. The US Dollar is giving up further ground to the Japanese Yen in early Thursday...
NZD Gross Domestic Product seems like it is improving so we can anticipate this pair to bearish. The forecast entails a increment of 0.6%. on the current month we had a breakout to the down side yet the bears couldn't keep up yet we saw a reversal to our consolidation box. the next move would be completely broken by the bears if not Brexit will rectify this error.