The EUR/USD pair remains directionless today, consolidating yesterday’s gains in the region of its 4-day highs, marked at 1.2330 spot. Yesterday the pair managed to break through the level of 1.2300 on the back of broad weakness of the US dollar, as Friday’s NFP was still weighing the greenback. However, the pair stalled its upside rally, as broad risk appetite came to the fore today following recent comments of the Chinese President, where the head of government urged the US for a dialog, pledging to strengthen intellectual property rights that was one of Mr.Trump’s main complaints. Also Mr.Xi was talking about widening access to market and expanding imports, which significantly weakened market concerns of a US-China trade war, while lending some pressure on the common currency. In the data space, today the economic calendar will bring us only the US PPI report, so broad market trend will remain as the key determinant for the pair this Tuesday.
The AUD/USD pair performed notable bullish rally in Asia, having refreshed its 2-week highs on the level of 0.7738. On Tuesday, the market witnessed another wave of risk-on sentiment after much-awaited China’s President Xi Jinping’s speech, where he showed intension to use softer approach in resolving the US-China conflict to avoid a potential trade war. Taking into account recent developments around the US-China conflict, which have eased markets talks of a trade war, the pair mostly ignored weak data from the Australian economy and kept its bullish tone. In the day ahead, the US will release PPI report, while markets will continue to digest recent comments of China’s President, thus forming further market trend.
The USD/JPY pair trades with a bullish tone, keeping its positions above the level of 107.00. Today improved risk appetite remains the key driving theme across the market, as China’s President has finally delivered his comments on the US-China conflict. According to Mr.Xi’s statement, China is not a supporter of further aggravation of the trade conflict, therefore the Chinese government will strive to create a multilateral trading system, as well as free trade terms. These comments have reduced the odds of further escalation of a trade war and lifted appetite for risky assets, thus sending the yen lower against its major rivals. Looking ahead, nothing much is scheduled in the data calendar for this Tuesday, so market participants will continue to digest recent developments surrounding the US-China trade conflict.
The NZD/USD pair follows widespread trend this Tuesday, which was underpinned by increased risk appetite across the market. The pair continues to trade at a profit for the third day in a row, having refreshed its monthly highs on the level of 0.7340, following recent comments of China’s President Xi Jinping, who showed soft stance on the US-China trade angst. Earlier in Asia, President Xi Jinping showed his alternative vision of further trade relationship with the US, urging for a dialog rather than confrontation and trade restrictions. These comments from Chinese side have significantly eased fears of a potential trade war between the US and China, thus boosting the demand for higher-yielding assets, such as the Kiwi. Today only the US PPI report is due for release, so better demand for risky assets will continue to form pair’s further trajectory during this trading session.
Major events of the day:
US PPI – 15.30 (GMT +3)
Support and resistance levels for the major currency pairs:
EURUSD S. 1.2233 R. 1.2373
USDJPY S. 106.26 R. 107.44
GBPUSD S. 1.4038 R. 1.4210
USDCHF S. 0.9528 R. 0.9626
AUDUSD S. 0.7629 R. 0.7745
NZDUSD S. 0.7232 R. 0.7362
USDCAD S. 1.2601 R. 1.2865
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。