The EUR/USD pair continues to move in the south direction, mainly driven by the US dollar dynamics. Yesterday the greenback caught a fresh bid-wave on the back of speculations regarding possible avoidance of a trade war between the US and China, as sides agreed to discuss further trading terms. However, the pair was able to recover some of its losses during yesterday’s trades, but failed to hold its positions, as US bulls regained control of the pair after short breather. In the day ahead, the US will release the GDP report, however, it is expected that the market won’t show any sharp reaction on a positive results of the US macroeconomic data, as investors have already managed to price in some economic growth of the US after hawkish talks of the Fed members on the last FOMC meeting. In addition to US data, today the pair will also be determined by widespread market trend, backed by recent US-China conflict and the US dollar price dynamics.
The GBP/USD pair lost its upside momentum and is again trading southward on the back of recovery of the US dollar. Yesterday the pair received strong bearish impetus in the region of its 8-week highs, having lost nearly 180 pips, on the back of resurgence of the US dollar, triggered by talks of possible avoidance of a trade war between the US and China. However, the pair managed to recover part of its losses and climbed to the level of 1.4200, where again met resistance and slipped to its intraday lows, located at 1.4134 spot, as US bulls are still not ready to give up. Adding to this, still persisting risk aversion, backed by uncertainty in trade relationship between the US and China, is another negative factor for the higher-yielding pound. Today the UK calendar will again not release anything noteworthy, while the US will offer investors GDP numbers, which will be able to help the pair to form its short-term trajectory.
The USD/JPY pair attempts to restore its bullish trend, however, still being weighed by broad demand for safety. Swings of the risk sentiment remain the key navigator for the pair this week. Recall, the pair received strong bullish impetus on Monday on the back of talks that the US and China would come to agreeable trade terms that would divert the looming trade war. However, the pair lost its upside momentum and slipped lower, as yesterday the Japanese government resumed hearing testimony on the government’s land sale scandal, where PM Shinzo Abe was involved. And now the pair is again trading northward, trying to recover yesterday’s losses, in wake of the latest news, saying that the N.Korea’s leader Kim Jong Un is committed to denuclearization. This news has sparked the recovery of investors’ interest to risky assets, thus providing support to the pair. However, it is expected that the pair won’t show any strong upside move, as uncertainty around trade conflict between the US and China is still navigating the market. Looking ahead, today the US will publish the GDP report, which will be able to bring some fresh trading opportunities, while risk sentiment will remain the key determinant for the pair on Wednesday.
The AUD/USD pair corrected higher from its weekly lows, marked on the level of 0.7675, after notable drawdown, witnessed a day before. The latest weakness of the pair is mainly attributed to strong risk aversion across the market, triggered by conflict between the US and China. However, further recovery lacked momentum and the pair again came under bearish pressure after facing resistance on the level of 0.7700, as risk-off sentiment still navigates the market this Wednesday. On the other hand, some positive developments around trade conflict also did happen. The US and China agreed to discuss the situation to avoid further trade war. Adding to this, bearish correction of metals, such as gold and copper, is also pushing the pair in the negative direction. On the data front, today the US will release GDP numbers which will bring investors fresh trading opportunities during the NA trading session, while risk sentiment will continue to navigate the pair during this trading session.
Major events of the day:
US GDP – 15.30 (GMT +3)
US Pending Home Sales – 17.00 (GMT +3)
US Crude Oil Inventories – 17.30 (GMT +3)
Support and resistance levels for the major currency pairs:
EURUSD S. 1.2311 R. 1.2521
USDJPY S. 104.92 R. 106.10
GBPUSD S. 1.3978 R. 1.4334
USDCHF S. 0.9396 R. 0.9544
AUDUSD S. 0.7621 R. 0.7785
NZDUSD S. 0.7228 R. 0.7320
USDCAD S. 1.2779 R. 1.2957
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。