Today’s directional views: Gold rallies. Where to from here?

Gold Rallies

Gold has rallied overnight but where to from here? are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: as long as 0.7349 is support […]

Today’s directional views

today's directional views

Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: the upside prevails as long as 0.7322 is support  Our pivot point is at […]

Today’s directional views

Gold trade

Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: the downside prevails as long as 0.7354 is resistance  Our pivot point is at […]

The day ahead for AUD/USD all you need to know:

AUD/USD key resistance at 0.7470. Pivot: 0.7470Our preference: short positions below 0.7470 with targets at 0.7440 & 0.7425 in extension.Alternative scenario: above 0.7470 look for further upside with 0.7490 & 0.7505 as targets.Comment: the break below 0.7470 is a negative signal that has opened a path to 0.7440.Supports and resistances:0.75050.74900.74700.7456 Last0.74400.74250.7400 Brought to you by […]

Trump who? We have a Vaccine!

A Biden Victory has the markets cheering. It seems it’s not only the majority of American’s but the markets the world over that are relieved to see Trump go. In addition Pfizer and BioNTech have reported positive results from 43,500 phase 3 trial tests. No safety issues have been reported thus far and the markets […]

RBA Cuts & Election Stunts

The Reserve Bank of Australia has done the expected and cut interest rates to a new record low at 0.1%. The markets responded negatively with the AUD/USD dropping to a low of 0.7035. However much of the downside had been factored in since Friday and therefor has not startled the pair too much as the […]

RBA Minutes-Will cash rate hit 0?

The meeting minutes for October come and gone with with a lot of it’s attention focused on the affects of the covid-19. The Aussie had little to hold on to prior to the meeting minutes and almost nothing to hold onto except sharp knives after the minutes. The AUD/USD has broken its support falling a […]

RBA Minutes what it means for the AUD

AUD is currently trading at 0.70655. There is not much news to support the Aussie and all hopes lie on the RBA minutes as we await the speech from Christopher Kent. If the AUD/USD pair continues to trade around the daily lows, bearish moves will be more likely. Wait for confirmation at a break at […]

AUD/USD Struggles. Yuan’s deception.

Today we see the AUD/USD struggling to stay above .7200 as the bears claw their way out of hibernation. With not much data coming out and the US on a national holiday, we saw the Aussie retract. That and the growing coronavirus stimulus concern have got traders nervous. Throw China’s Trade Numbers into the mix […]

AUD/USD takes a nose dive

The Aussie couldn’t hang on to any support as it plunged down towards 0.7100 making it its biggest loss in 2 weeks. Last nights budget mentioned $213.7 billions AUD deficit to be expected amid an election influenced budget with the Federal Budget offering severe tax cuts. In other news. In typical Trump style the US […]