FXPRIMUS Weekly is your comprehensive technical and fundamental trading guide for the coming week! Access the latest news and in-depth technical indicator data, delivered by our market experts each and every week!
Market Movers
Events likely to influence the financial markets.
Last Week:
- USD was higher over the week due to the release of the FOMC minutes which were not as dovish as traders were expecting
- Equities were weaker due to a stronger USD
- Oil was lower despite the EIA reporting another draw in US crude stores
- Monday, August 26 – USD Durable Goods 1530
- Tuesday, August 27 – USD Consumer Confidence 1700
- Thursday, August 29 – USD 2Q GDP 1530
- Friday, August 30 – EUR Eurozone CPI 1200
- Friday, August 30 – CAD GDP 1530
The times mentioned above are in Server Time (MT4 Time).
market sentiment gauge
See how other traders are positioned.
EURUSD
Long: 38%
Short: 62%
Change w/w: -50%
Signal: Bearish
AUDUSD
Long: 93%
Short: 7%
Change w/w: +3%
Signal: Bullish
GBPUSD
Long: 67%
Short: 33%
Change w/w: -10%
Signal: Bullish
USDJPY
Long: 77%
Short: 23%
Change w/w: +13%
Signal: Bullish
technical analysis
A look at our most popular trading instruments.
interesting indices
Using technical indicators to give an in-depth look into Indices.
Dow Jones
The FOMC minutes were less dovish than expected last week, providing some upside impetus for USD, which has weighed on equities.
RSI: | 41.3432 | Bearish |
Stochastic: | 63.6912 | Bullish |
MACD: | -221.93 | Sell |
EMA* (30): | 26237.4 | Sell |
EMA* (100): | 26214.2 | Sell |
* EMA => Exponential Moving Average
click to view charts
Nasdaq
A stronger US dollar has curbed risk appetite in equities, however, optimism around US/China trade negotiations is keeping the market underpinned for now.
RSI: | 42.5885 | Bearish |
Stochastic: | 62.5959 | Bullish |
MACD: | -49.07 | Sell |
EMA* (30): | 7681.5 | Sell |
EMA* (100): | 7585.3 | Sell |
* EMA => Exponential Moving Average
click to view charts
Any opinions, news, research, analyses, prices or other information contained here are provided as general market commentary and do not constitute investment advice. FXPRIMUS does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.