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 […]

What Biden Means For The Markets

Joe Biden

The long awaited day has come where after four eventful years have past and a new President has been inaugurated. But what does Biden mean for the markets. President Joe Biden has not wasted any time in implementing new policies and overturning old ones. Already we have seen the new president rejoin the Paris Climate […]

US Consumer Sentiment

Traders sit stranded as they wait for the Michigan Consumer Sentiment numbers to sail in. Not much change is expected with optimism dropping due to caution surrounding corona. People will await the election result to see what will come of the economic policy for 2021. Expectations show that the MCSI will increase to 80.5 from […]

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 […]

Presidential debate lights up the markets

Nothing like a good old debate to get the markets going. Today we say the a battle for power in the US presidential debate and the markets are mixed on the result. firstly we see the S&P 500 futures drop by 350 points, eliminating any gains it had made after Trump mentioned the November 3 […]

The week ahead

If at the end of this week you feel like you have been 12 rounds with Mike Tyson I wouldn’t blame you. With the week of announcements we are about to have,  expect a few punches and even some knockouts with the presidential elections in the mix.  do they pack a punch. Starting things off […]

Mixed announcements bring dollar down

Higher Jobless Claims in the US overshadowed any increased hope of the Democrat in the US House of Reps $2.2 trillion coronavirus relief being voted in. The US Federal Reserve also came out with mixed messages on inflation and employment which had the markets spinning.   After a tough run this week the AUD/US has […]