Dukascopy Smart People Community

Name:

From:

rafiq elgrza

Egypt, tanta

Sex:

Born on:

male

March 27, 1993

AUD/USD struggling to hold onto 0.7750

recooo Posted 12 Apr. in #Trader's blog

AUD/USD struggling to hold onto 0.7750 as data misses and risk sentiment retreats
The AUD/USD is drifting lower ahead of the European session, dipping lower but still hanging onto the 0.7750 level, but bearish pressure is mounting.
The Syrian crisis is beginning to drag the US and Russia into a collision course within the UN, and traders are getting nervous as US President Donald Trump prepares to begin launching air strikes against Bashir al-Assad's forces in retaliation for a chemical weapons …

Read full story

Translate to English Show original

NZD/USD

recooo Posted 10 Apr. in #Trader's blog

The NZD/USD got a boost when the NZIER Business Confidence indicator printed better than expected, at -11 percent versus the previous -12 percent decline, but the real market drive came when China's President, Xi Jinping, delivered surprisingly on-balance statements regarding the latest round in the tit-for-tat tariff spat embroiling China and the US currently.
NZD/USD Levels to watch
With a bullish continuation from Monday's lift taking shape, the Kiwi is set to challenge immediate resistance a…

Read full story

Translate to English Show original

USD/JPY Forecast

recooo Posted 8 Apr. in #Trader's blog

The pullback in Treasury yields and lower expectations of growth/inflation elsewhere could help USD.
Trade war fears and risk aversion could play spoilsport.

The USD/JPY pair has fallen back below 107.00 - inverse head-and-shoulders neckline, signaling 'fake bullish breakout'. The retreat could be associated with the risk aversion in the equities. The US economy added only 103k jobs in March - the lowest print since last September, according to non-farm payrolls report. The February figure was re…

Read full story

Translate to English Show original