Majors
DXY Consolidations TipsHello Traders!
Here i'm showing you how to filter through pairs when the DXY is moving sideways.
DXY in consolidation = EU, GU, NU, AU in consolidation
This makes the crosses highly more manipulated.
You want to find the strongest and weakest and match it up to make a currency pair to trade.
ORBEX: Will the US Avoid A Gov Shutdown This Year?In this market insights, I talk about the reason #FX Majors were muted; on the back of a shift to riskier assets i.e. the equities
I dive into euro, pound, dollar and the safe-haven yen to provide you with my short-term analysis.
I also talk about what to focus on for the rest of the week and with crunch talks around the allocation of US’s $1.3tn spending continuing, it is certainly going to be an interesting one as fears of another shutdown linger!
Timestamps for each pair:
EURUSD 1H 01:30
USDJPY 1H 03:40
GBPUSD 1H 05:00
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice.
ORBEX GBPUSD, EURUSD, AUDUSD Under Pressure! But For How Long?In today's #marketinsights video recording I analyse #fxmajors #audusd, #gbpusd and #eurusd.
They are all under pressure for different reasons:
EURUSD
- ECB's Lane dovish on ECB's inflation target
- Italian CPI weakening
GBPUSD
- BoJo goes to Brussels empty-handed
- Brussels not sure if extension will help
AUDUSD
- RBA reveals plans to cut more if necessary
- Bank could cut twice more in 2019 to support inflation and employment goals
Meanwhile, everyone stresses out about #FOMC!
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Markets Positive on ECB, BrexitIn today’s #marketinsights video recording I analyse EURUSD, GBPUSD, and USDJPY as FX majors seem supported not only by politics but also by economic data and fresh policy sentiment.
Economic data:
- German Exports delivered a positive balance (0.7% vs -0.1%)
- UK's GDP reported better than expected numbers (0.3% vs 0% m/m)
- US Consumer Borrowing in the US rose unexpectedly (23.3B vs 16.2B)
Politics:
- UK PM fails yet again to call on a snap election
Monetary Policy:
- Markets expect ECB to be less dovish
Stavros Tousios
Head of Investment Research
Orbex