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Shower Curtain - Funny Christmas Pattern Santa Elk Xmas Tree Can

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  • Posts

    • Date : 2nd November 2021. Market Update – November 2 – Risk Appetite Soured. RBA confirms end of yield curve targeting and after abandoning any attempt to defend the 0.1% for the April 2024 yield last week, the bank confirmed today that the yield target has been ditched and opened the door for an earlier interest rate hike. Lowe stressed that the bank will see through spikes in the inflation rates, and that unlike elsewhere the RBA sees a further, but gradual increase in core inflation, as there is a lot of inertia in the labour market, which makes it hard to see inflation accelerating too quickly. Australian shares fell on Tuesday – Miners and banks worst performers AUD tanked as markets adjusted rate hike bets. AUDUSD at 0.7465 from 0.7533. US Yields were off their early highs (Currently 10yr fractionally higher at 1.56% compared to the day’s peak at 1.603%). USD (USDIndex 93.80) down as US futures in the red after a largely weaker session in Asia despite the strong earnings season. Overnight prices wobbled after the Manchin remarks and mixed data, but all rallied into the close. (A beat from the ISM, but a miss on construction spending, though they still modestly boosted growth prospects). The USA100 climbed 0.63% to 15,595, while the USA500 was 0.18% firmer at 4613, while the USA30 advanced 0.26% to 35,913. Treasury revised Q4 borrowings higher to $1,015 bln, with $650 December 31 cash balance, and $476 bln borrowings for Q1 2022. GER30 and UK100 futures are down -0.17% and -0.21%, respectively. Senator Manchin continued to oppose a quick vote on President Biden’s massive spending plans, saying he will not vote on a reconciliation package without knowing more about its impacts. He worries over programs that “irresponsibly” add to the debt, which totals over $29 tln, and which risks hurting families that are suffering from “historic inflation.” He said holding the infrastructure bill “hostage” will not get his support for reconciliation. USOil topped at $83.05, on slow OPEC oil output increase & China ramped up operating rates to meet a spike in diesel demand. Gold – up to 1796.30 again. FX markets – AUD sold off, Yen strengthened – EURUSD little changed at just over 1.1605, GBPUSD dropped back to 1.3630. Markets are concerned that an early lift off in rates could hamper a still fragile economy. Today – Data releases today focus on final manufacturing PMIs for the Eurozone, which were delayed by the public holiday in parts of the region yesterday and employment data from New Zealand. Biggest FX Mover @ (06:30 GMT) AUDJPY (-0.94%) dips to 1-week lows from 85.90 to 84.80. Faster MAs steadied, MACD signal line & histogram are sharply lower in negative territory, RSI 20 and neutral. H1 ATR 0.186, Daily ATR 0.806. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 1st November 2021. Market Update – November 1 – A Wild Start. The markets were volatile through October as uncertainties over inflation, growth, and central bank reaction functions provided mixed directional signals. After early declines following record high inflation rates, both bonds and stocks ended in the green. Canada was an underperformer as the BoC trimmed QE and then ended it last week. The markets are looking for hawkish outcomes from the FOMC and BoE this week.The Reserve Bank of Australia also decides policy on Tuesday, with markets challenging the central bank’s contention that rates won’t rise until 2024. Equities generally managed to rally as the massive amount of liquidity still in the system combined with good earnings results to overshadow concerns over growth amid headwinds from supply shortages, bottlenecks, Covid, and elevated costs. USD (USDIndex 93.45) jumped to a 3-week high against major peers on Monday as quickening inflation in the United States boosted the case for earlier Fed interest rate hikes ahead of a policy decision on Tuesday. Japan’s election boosted hopes for fiscal stimulus with PM Kishida managing to preserve an outright majority for his Liberal Democratic Party – Topix and JPN225 are up 2.2% and 2.6% respectively. China official manufacturing PMI slumped for a 7th consecutive monthly drop and leaves the index at its lowest level since October 2019. – Hang Seng and CSI 300 are currently down -0.95% and -0.33% respectively. German retail sales unexpectedly slumped -2.5 m/m in September. US Yields (10yr up at 1.56%). USOil steadied to $81.10. Gold – another volatile day (1810-1792), cannot hold $1800 and trades at $1794 now. FX markets – Strong USD, weak Yen – USDJPY rallied to 114.38, Cable capped by 1.3800 and trades at 1.3642, EURUSD 1. 1545. AUD also struggled as yields corrected. Today – Another important week for central bank decisions that includes Fed and BoE announcements. Data releases today focus on final manufacturing PMIs for the Eurozone and the UK, which are likely to confirm that supply chain disruptions are weighing on output, while price pressures increase. US and Canadian Manufacturing PMI are also due. Biggest FX Mover @ (06:30 GMT) GBPAUD (+0.63%) GBP giving up some gains ahead of BoE meeting. Faster MAs steadied, MACD signal line & histogram cooling but still negative, RSI 46 and neutral. H1 ATR 0.0019, Daily ATR 0.01090. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Yes, we were but a question asked and left unanswered isn't a good thing right, like lying is never a good thing if done for selfish purposes.
    • Practicing Demo will only make you learn the Forex Structure, to learn properly, invest small chunks in Real Forex Market and learn to trade with real money.
    • USDJPY LOOKING FORWARD TO A BULLISH RIDE AFTER ACCUMULATION USDJPY Analysis – Price Is Looking Forward to a Bullish Ride at the 113.400 Significant Level USDJPY is looking forward to a bullish ride after several accumulations at a significant price level of 113.400. Market accumulation proceeded due to price action seeking to give both the buyers and sellers their positions in the market. Furthermore, as the buyers are always looking forward to pushing the price upward, the bears try to hold positions by accumulating at a significant price level before distribution occurs. USDJPY Price Levels Resistance Key Level: 113.409, 112.200 Support Key Level: 110.800, 109.100 USDJPY Long Term Trend: Bullish As a result of the price increase, the USDJPY is projected to sustain its bullish ride. After a period of price accumulation between the significant price levels of 110.800 and 109.100, the market bulls took control. However, the more the accumulation, the more the market will finally allocate in a particular manner. After a protracted period of consolidation, the price was finally dispersed, and the bulls took control. The buyers then ride for a little longer, breaking over the significant price mark of 110.800, which they then retested before continuing. The USDJPY gathered steam and eventually broke past the 113.400 significant price mark. This level, however, has been retested, and the price is thought to be accumulating at this extremely important level. As the momentum builds, pricing is expected to take a stronger positive turn. The Momentum indicator shows price movement diminishing, which indicates the price movement accumulation level. USDJPY Long Term Trend: Bullish On the 4-hour chart, the market has gained enough momentum to rally the price upward. However, above the 113.400 price level, the bulls and the bears are still holding on to their positions. The price is expected to move above this accumulation phase and bounce up. The Parabolic SAR (Stop and Reverse) shows price movement in range as both bulls and bears are holding their positions. USDJPY is therefore looking forward to a bullish ride when the momentum increases. Source: https://learn2.trade
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