ZuluTrade Blog
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Daily Morning Briefing

Trump delivers or not? Markets get nervous! (DAX Technical Outlook)

Wednesday, March 22, 2017 10:39 AM GMT
The markets opened higher without any bearish indication. Overall price action was without major volatility. Suddenly there it goes; a sharp downside move on US Indices, which influenced EU Indices as well. . [More]
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Daily Morning Briefing

Is RBA going to push AUDUSD above 0.775?

Monday, March 20, 2017 9:17 AM GMT
Aussie reclaimed its gains from 0.75 to the 0.775 level and it was boosted mainly by a less hawkish than anticipated Fed decision. The USD rival remains weak and vulnerable on Fed’s monetary policy. [More]
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Daily Morning Briefing

Trading Setups Following News (EURAUD, EURCAD, GBPCAD, GBPJPY, USDCAD)

Thursday, March 16, 2017 9:22 AM GMT
Following the FED’s and BOJ’s impact on market, we are expecting BOE’s announcement about its monetary policy program later today. It is widely expected that they will keep the interest rate unchanged at 0.25% maintaining a neutral position. [More]
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Daily Morning Briefing

Buy the Rumor - Sell the Fact on FOMC

Thursday, March 16, 2017 9:12 AM GMT
As expected by the market, Federal Reserve raised the benchmark rate by 25bp, to a range of 0.75% to 1%. Yellen repeated that the US economy continues to expand at a moderate pace. They are closer to their goals regarding employment and inflation, therefore the economy stays in line with FOMC’s forecasts. [More]
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Daily Morning Briefing

Gold Traders are waiting for FED

Tuesday, March 14, 2017 9:21 AM GMT
Gold retraced back 50% of the upward move from 1122 to 1263, while it’s currently consolidating above the psychological 1200 level. Although there are events like Netherland’s elections and European’s uncertainty as Brexit or Greece’s talks that may push investors to traditional safe assets, their main focus will be on the FOMC meeting tomorrow. [More]
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Daily Morning Briefing

No surprises by RBA - AUDUSD Technical Analysis

Tuesday, March 7, 2017 9:38 AM GMT
As broadly expected, the RBA has decided to retain its interest rate unchanged at 1.5%, with the policy statement keeping a neutral bias. As stated by the bank, "Taking account of the available information, the Board judged that holding the stance of policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time," as stated by the RBA. [More]
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Daily Morning Briefing

Deutsche Bank pressures DAX

Tuesday, March 7, 2017 8:32 AM GMT
Dax had negative performance yesterday due to Deutsche Bank’s decision to proceed with a capital increase to cover their liquidity issues. [More]
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Daily Morning Briefing

USDCHF Technical Analysis and Scenarios

Monday, March 6, 2017 9:38 AM GMT
USDCHF is moving sideways up last few days. SNB's chairman Thomas Jordan gave an interview to newspaper Schweiz Am Wochenende and noted that Swiss Franc is "significantly" overvalued. While the recent tensions with North Korea may help give extra support to CHF. [More]
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Daily Morning Briefing

USDCAD Technical View

Friday, March 3, 2017 9:55 AM GMT
USDCAD performs a vertical upside move last days. Currently, the pair is moving above the major swing high at 1.3387. The pair has recovered around 70% from last highs in December. As regards Canadian news yesterday, Gross Domestic Product rose at 0.3% matching initial forecasts. [More]
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Daily Morning Briefing

USDJPY Technical View and Scenarios

Friday, March 3, 2017 8:54 AM GMT
The US Dollar has been moving upwards against the Japanese Yen for four consecutive days closing above the 114 level. This may have been helped with the release of Japanese economic news lately, although unemployment Rate fell to 3.0% from 3.1%, Consumer Confidence fell marginally to 43.1 from 43.2; Overall Household Spending shrank annually by 1.2% versus estimates of -0.4%; National CPI Ex Food, Energy rose by 0.2% from 0%. [More]

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