Weekly forex data: focus on inflation
Shares generally retreated in early trading today while oil moved up. Traders’ eyes are on American inflation this week and how cable, XAUUSD and BTCUSD might react.
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NFP preview: AUDUSD at a crossroads; gold declines
The first NFP in 2021 is due at 13.30 GMT today, with the consensus suggesting a gain about about 71,000. Check out possible scenarios for XAUUSD and AUDUSD here.
Technical analysis of BTCUSD
Bitcoin reached another new high in early trading this week and is now consolidating not far below. This TA looks at BTCUSD plus deliverable volume and futures.
Weekly forex data: 2021’s first NFP in view
Happy new year! Most of the main trends active at the end of last year remain so in 2021 so far. Here’s a look at XAUUSD, UKOIL and EURUSD ahead of key data later this week.
Weekly forex data: German consumer confidence and American spending
The new strain of covid spreading in south-east England has made many European markets nervous in the runup to Christmas. This final preview of 2020 looks at cable, Brent and euro-yen.
Weekly forex data: Fed’s meeting in view
Tighter measures against covid in the EU notably Germany have dented sentiment in some markets so far this week. Meanwhile gold is at a crossroads ahead of Wednesday’s meeting of the FOMC.
Technical analysis of GBPUSD
The pound has been unstable in many of its pairs this week amid ongoing trade talks. Today’s TA looks at the four-hour chart of cable (GBPUSD).
Technical analysis of EURUSD
Euro-dollar has continued its strong gains this week against a generally weak dollar despite lacklustre data. This TA looks at the four-hour chart ahead of the NFP.
Weekly forex data: RBA in view ahead of the NFP
Sentiment remains generally positive so far this week as many major shares complete one of their best months on record. This preview looks at USDCAD, XAUUSD and EURAUD.
Technical analysis of XAUUSD
The start of the American presidential transition and yesterday’s news of another effective vaccine for covid-19 have weighed on gold so far this week. Here’s a look at XAUUSD H4.