The EUR/USD pair broke out of its consolidation trend at the beginning of European trades on the back of broad retreat of the US dollar. Today the weakness of the greenback remains one of the key driving factors across the market, as investors are recalibrating its positions ahead of the FOMC meeting. However, markets have already priced in hawkish Fed decision, so investors would be looking for projections on the monetary policy of the Fed for 2018, which would eventually help the greenback to determine its further direction. Looking ahead, today we will have pretty busy trading session, with German ZEW economic sentiment and the US PPI report, while the speech of ECB head M.Draghi will be the main event of this Tuesday.
The GBP/USD pair remains under selling pressure on Tuesday on the back of recent developments regarding Brexit. On Monday, the pound received bearish impetus following comments by Brexit secretary David Davis, who said that UK wouldn’t pay agreed Brexit divorce bill if both sides fail to find a compromise on trade deal issue. However, the pair managed to stall its retreat and consolidate its position in 1.3335-55 range during the Asian session on the back of softer tone around the greenback ahead the key event of this week. Adding to this, ongoing interest to higher-yielding assets continues to lend some support to the pound at the first half of this week. Now immediate focus shifts towards the UK CPI report, which will hog the limelight during the European trading session, while the US PPI data will also be able to bring some trading opportunities later ahead.
The AUD/USD pair trades on a positive note for the second session in a row, extending recovery from its 6-month lows, marked in the vicinity of 0.7500 level on Friday, in wake of several bullish factors, which are navigating the pair today. One of the reasons of pair’s bullish trend remains widespread risk appetite, which is positively affecting higher-yielding Aussie. However, expected that the demand for risky assets won’t last long, as markets are becoming cautious ahead of the Fed interest rate decision, which will be announced on Wednesday. Adding to this, mildly softer tone around the US dollar, backed by defensive stance of US bulls, also contributes with pair’s upside trend. On the data front, today the US will publish the PPI report, which will be able to form short-term trajectory of the pair during the NA session.
Bitcoin continues to conquer the heights. Yesterday the BTC/USD pair once again refreshed its all-time tops at the 17,425.00 mark. Recent bitcoin rally could be mainly explained by the fact that Chicago-based CBOE Global Markets exchange launched the first Bitcoin futures contract. However, the spike was short-leaved and the pair retreated to the area of 16,500.00 with further consolidation. By the moment of writing, the price for the largest cryptocurrency was $16,390.00, while its market capitalization fell just below the mark of 280 billion USD, by the data available at coinmarketcap.com
The main events of the day:
US PPI – 15.30 (GMT +2)
ECB President M.Draghi’s Speech – 21.00 (GMT +2)
Support and resistance levels for the major currency pairs:
EURUSD S. 1.1731 R. 1.1829
USDJPY S. 113.05 R. 113.93
GBPUSD S. 1.3265 R. 1.3467
USDCHF S. 0.9874 R. 0.9964
AUDUSD S. 0.7481 R. 0.7567
NZDUSD S. 0.6791 R. 0.6989
USDCAD S. 1.2813 R. 1.2889
Follow us on Facebook to stay up-to-date with important events on Forex market.
The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!
Your European ECN-broker,
接受许可协议，勾选我接受许可协议复选框，然后单击下一步继续。 插件需要安装到与MetaTrader 4平台相同的文件夹，选择正确的目录。然后点击安装。 安装过程会显示进度条，安装完成后，点击下一步。 点击完成按钮结束安装关闭安装对话框。勾选运行MT客户端选项，将自动启动MT4客户端。 激活一键交易插件(OCTL2P)之前请检查智能交易的设置：选择MT4客户端工具 → 选项，然后选择智能交易系统标签，勾选启用智能交易 和 允许导入动态链接库选项。然后点击确定。 在导航窗口激活智能交易，点击智能交易系统，双击OneClickTradingLevel2或拖动到图表上，点击确定。 如果EA成功激活，在图表右上角会显示笑脸图标.
请指定MetaTrader4的安装目录，并设置在开始 → 所有程序菜单文件夹中显示的名称。我们建议使用默认安装设置。选择安装成功后你是否想创建一个桌面快捷方式，打开MQL5社区网站或启动程序。点击下一步。