Thread: Aud/Chf
* Aussie slips 0.5 pct after sentiment data
* Euro ticks higher on industrial output numbers
* Pound bounces ahead of next Brexit vote
* (Adds details, updates prices)
By Tommy Wilkes
LONDON, March 13 (Reuters) - The Australian dollar skidded lower on Wednesday after a consumer confidence gauge triggered fresh concerns about a slowing economy.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
* Aussie slips 0.5 pct after sentiment data
* Euro ticks higher on industrial output numbers
* Pound bounces ahead of next Brexit vote
* (Adds details, updates prices)
By Tommy Wilkes
LONDON, March 13 (Reuters) - The Australian dollar skidded lower on Wednesday after a consumer confidence gauge triggered fresh concerns about a slowing economy.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
AUDCHF Analysis
Support 0.7064
Support 0.7047
Support 0.7028
Resistance 0.7109
Resistance 0.7126
Resistance 0.7143
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Ask (2019-03-20), FastScalper (2019-03-20), Sadtrader (2019-03-20), siqidir (2019-03-20), Unregistered (1), zahid2016 (2019-03-20)
Investing.com - The British pound fell by more than a cent against the dollar as the U.K. government's top lawyer effectively killed off any chance that the U.K.'s agreement on leaving the EU would pass a vote in parliament later Tuesday, reviving the specter of a disorderly 'no-deal' Brexit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall healthand potential growth of a country.Consequently, greater volatility in the forex market is closely observed during the GDP release.
WHAT FOREX TRADERS NEED TO KNOW ABOUT GDP
What is GDP?
Developed in 1934 by Simon Kuznets, the Gross Domestic Product (GDP) measures the output and production of finished goods in a country’s economy. Usually, GDP is measured in three different time periods: monthly, quarterly and annually. This enables economists and traders to get an accurate picture of the overall health of the economy.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to determine which currency pairs are most likely to produce the easiest and most profitable trading opportunities over the next week. In some cases it will be trading the trend. In other cases it will be trading support and resistance levels during more ranging markets.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Risk-off sentiment extended into Asia this Tuesday, in light of the overnight positive Brexit developments and further US-China trade talks. The British pound rallied further and tested the 1.3290 levels following reports that the UK PM May managed to clinch some Brexit assurances on the Irish backstop from the European Commission President Juncker. However, the knee-jerk spike soon faded and the rates dropped back to the 1.32 handle, as the bulls remain wary ahead of the parliamentary vote on May’s Brexit deal.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Investing.com - Sterling fell Wednesday as U.K. lawmakers voted in favor of requesting a delay to Brexit beyond March 29 by a vote of 412 to 202.
GBP/USD traded at $1.3255 during the voting process, but trimmed losses just after the result.
Many are expecting lawmakers in Brussels to grant the U.K. a short delay to Brexit, but remain wary the EU could attached strings to an extension. EU leaders will be meeting on March 21 to discuss whether to grant the U.K. an extension to Brexit.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Ask (2019-03-20), Unregistered (1)
Team FX Leaders impressively managed to grab two winning trades despite thin volatility and trading volume on Monday and Tuesday. The winners came from WTI crude oil and the commodity currency USD/CAD, helping us closing the day in green. The wait is over now as the economic calendar is due to release FOMC and Fed monetary policy later today.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Ask (2019-03-20), Unregistered (1)
Team FX Leaders impressively managed to grab two winning trades despite thin volatility and trading volume on Monday and Tuesday. The winners came from WTI crude oil and the commodity currency USD/CAD, helping us closing the day in green. The wait is over now as the economic calendar is due to release FOMC and Fed monetary policy later today.
We are going to analyze and elaborate the scenarios in our economic events outlook update, but before moving there let’s take a quick look at the existing trading signals.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Ask (2019-03-20)
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