AUDUSD consolidates around 0.73 as the pair has lost the strong momentum after the Fed decision and statement the previous week that helped USD to rebound from almost two-year lows.
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles2470
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
Skills: Technical Analysis · forex · Stocks · Crypto · Writing
Gold price trades higher today after yesterday tested and rebounded from the 50-day moving average. Recent economic data shows that the recovery has stalled in August.
Brent crude oil price continues higher for the fourth straight day trading above $43. Crude oil price lost over 6.5% the previous week
FTSE 100 slide in early trading despite the retail sales showed improvement for the fourth straight month as the recovery continues after the easing of lockdown.
ASX 200 index ended flat on Friday after a weak session in Wall Street as the big tech companies continue to drag the Nasdaq lower. Federal Reserve failed to impress investors
EURGBP turned higher after the announcement of the Bank of England decision and statement. The Bank of England kept the interest rates unchanged at 0.10%
Ethereum is the outperformer today as the number two cryptocurrency adds over three percent at $377.14. Ethereum failed to follow the strong move in Bitcoin
FTSE 100 opened in negative territory ahead of the Bank of England monetary policy decision.
Nikkei 225 index trades lower today as the central banks take center stage. Bank of Japan and Federal Reserve kept the interest rates unchanged as expected
Dow Jones futures indicate a positive opening today ahead of the Feds monetary policy decision and the new economic projections of the U.S. economy.