The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
Tag - usd
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
The NFP will be announced at 15:30 MT on January 10.
Dovish expectations from the RBA's February interest rate decision are driving the AUD/USD down. How long it will continue?
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.
On the H1, you can see that EUR/USD formed an inverted “Head and Shoulders” pattern.
On December 30, Tesla saw its first overseas plant in China produce its first Model-3. Is it a start of the Chinese market conquest Elon Musk is looking for?
This week will be shaped by the American NFP release in line with other indicators, all set between the US-China trade deal expectation and the US-Iran conflict escalation.
The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.
Market sentiment has worsened on the news about the conflict between the United States and Iran. One of the ways to trade in this environment is to sell NZD/USD.
The 2020 year has started and the direction of the markets is unclear especially due to the US-Iran tensions. Take a fast look at the major events that will determine markets’ direction in January 2020.