Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Trader Talk
February 9, 2018What Happened on Thursday > Top 3? • Bank Of England help spike GBP higher, but sharp reversals late in the session • USDJPY plummets under 109.00, reaches weekly low, a retreat is in formation • Bitcoin rebounds and holds it gains from 3 consecutive trading sessions, heading toward $8,500… read more
Trader Talk
February 8, 2018Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125
Trader Talk
February 7, 2018What Happened on Monday > Top 3? • RBA retained its 1.5% key rate, demonstrating positive tone for AU economy • U.S. equity regained half of its losses in the late NY session, a second government showdown is under negotiation • Bitcoin finds its key support level at $6,000 and… read more
Trader Talk
February 6, 2018What Happened on Monday > Top 3? • Dow Jones plummets 1,500 points alongside with 2.4% decline in US500 • Dollar and Yen start to rally in response to dramatic decline in U.S. equity • Contingent risk-off sentiment confines lower volatility for the metal, gold hold modest gains Outlook •… read more
Trader Talk
February 5, 2018Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125
Trade Talk
February 2, 2018What Happened on [Thursday] > Top 3? • U.S. FOMC announcement exhibits a short-term rally on dollar • USD weaker against majors, the rhyme continues as GBPUSD approaches 1.43 • Gold resurgent and holding last week’s gains, and Bitcoin broke its $9,000 support Outlook • (EUR) EUR looks rather solid,… read more
Trader Talk
February 1, 2018What Happened on [Day] > Top 3? • Donald Trump’s SOU stayed with script, a confined reaction in Forex market • GBPUSD hold significant monthly gains, more to expect with sooth Brexit • Gold expressed a U-curve, ample momentum on hold for Non-Farm Payroll data Outlook • (EUR) Little interest… read more
Trader Talk
January 31, 2018What Happened on Tuesday > Top 3? • 400 points evaporated from DOW, triple digit loss since April 2017 • Gold & EURUSD moves sideway, seesawed with little market reaction • Aggressive selling pressure against U.S., short fall continues Outlook • (EUR) EURUSD produce little rhyme awaits for FOMC and… read more
Trader Talk
January 30, 2018Australia (toll free) T 1800 176 935 International +61 9299 9466 Singapore (local call ) 31583201 New Zealand (toll free) 0800 327939 Malaysia (local call) 0154 8770 898 Philippines (local call) 1800 1116 1125
