16 March, 2017 by Aayush Jindal in AUDUSD, Economic News, Fundamental Analysis, Market Analysis, Technical Analysis
The Aussie dollar failed once again this month near 0.7740 against the US Dollar, and moved down.
The AUDUSD pair has a monster resistance near 0.7740-0.7760 on the DAILY chart, proving to be a major hurdle in the long term.
Today, the Australian Employment Change for Feb 2017 released by the Australian Bureau of Statistics posted a change of -6.4K.
07 November, 2016 by Aayush Jindal in Company News, Economic News
As we discussed last week, the US Presidential Election is set to take place on Tuesday, 8th November 2016.
Traders should be aware that financial markets will be impacted by the US election. Whilst big events like elections provide opportunities for traders, they also amplify risk. Traders should be aware of potential changes in trading conditions
Changes in trading cond...
04 November, 2016 by Aayush Jindal in Economic News, Fundamental Analysis, Market Analysis
One of the most awaited events of this year is round the corner, as on 8th November 2016, the financial market and investors will be keeping a close watch on the 2016 presidential elections in the USA. In a few days, we will know the next president. There are two candidates – Hillary Clinton, who belongs to the Democratic Party, and Donald Trump, who belongs to the Republican...
20 June, 2016 by Mar in Economic News
Brexit, one of the most awaited events this financial year, is approaching. The UK electorate will decide whether the United Kingdom should remain in the European Union or not on 23 June 2016, as per the European Union Referendum Act 2015 (c. 36) which allows a provision for the holding of a referendum. In addition, the Article 50 of the treaty on European Union provides any EU...
09 February, 2016 by Mar in Economic News
Fed to Increase Rates and End its 7-year Crisis?
Almost all financial institutions and central banks around the world are waiting for a very important economic event scheduled for the upcoming Wednesday,December 16th 2015. The Federal Open Market Committee (FOMC) will announce the interest rate. There has been a long buildup and many experts and financial institutions are expe...