7600 as the new week opens on a quiet note with Australian markets shuttered for a analisa fundamental forex pdf free. The Aussie looks set to trade lower against the US Dollar this week, with the pair trading down from a lower high set last week. CAD gapped higher into the new trading week, peaking at 1.
JPY: traders getting set for a busy week ahead, 10-DMA at 109. PBOC sets Yuan reference rate at 6. Bitcoin, the uncrowned king of cryptocurreny world, has broken down of a critical support on the short term charts, taking all the other major cryptos with it in a journey to the south. NEO, yet another cryptocurrrency that has broken lower and now headed towards hitting April lows all over again with all the chances of it breaking lower, as reported earlier by this author. Ripple price analysis: Is that a rising wedge breakdown? Ripple bulls have a tough time defending therir turf as the short term chart points towards a breakdown and long term charts point towards April lows hitting again, whether it holds and bounces from there, is something only time can confirm.
IOTA prices crashed the largest among the major cryptocurrencies in the weekend trading but solace for the bulls lies in the fact that there’s imminent support nearby and some bounce from there, is expected. China’s trade balance reached a slightly lower surplus than expected with imports rising massively. G7 meeting starts in Canada with the US-led trade wars being the hottest topic. German industrial production disappointed in April falling -1. The Canadian employment report headline the US session. USD sentiment increasingly bullish but 1. News released by the end of the previous one that the US was imposing steel and aluminum tariffs to Canada, Mexico, and the EU, was lately exacerbated by the countermeasures taken by most major economies against the country.
USD enjoyed impressive gains but then stalled. Is it just a consolidation before another leg up? The pair has a clear range. USD is trading within a wide range between 1.
1867 is the convergence of the Fibonacci 61. Pivot Point one-day Resistance 2, and the Bolinger Band 1h-Upper. On the downside, strong resistance awaits at 1. 1732 which is the confluence of the Fibonacci 161.