Start trading forex with FXTM! Download the Quarterly Market Forecast Now! ForexTime (FXTM) Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. Forex and Gold Forecast with Market Analysis. Tweet on Twitter (MENAFN - DailyFX). Leading PMI survey data hints an upside surprise may be on tap however. Weekly Forex Forecast Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information.

Histogram indicator forex without redrawing. The had a tough week, surrendering to the strength of the US dollar and falling to fresh 21-month lows. A mix of events awaits Aussie traders. Here are the highlights of the week and an updated technical analysis for AUD/USD. The Reserve Bank of Australia left interest rates unchanged as expected and Australian retail sales rose by 0.3% as expected.

The Australian Dollar suffered from the disappointing manufacturing PMI’s, both the official and the unofficial figures pointed to a significant slowdown. China is Australia’s No. 1 trading partner. The US Dollar enjoyed robust data, the breakout of US 10-year yields to the highest levels since 2011, and hawkish words by Fed Chair Powell, which opened the door to tight monetary policy.

It’s probably just a matter of time before regulators move in on them. You can buy these, which are also known as all-or-nothing options, digital options, or Fixed Return Options (FROs), on stocks, commodities, indexes, foreign exchange, and other derivatives. Who earned binary options. A Google search for binary option Web sites produced 870,000 hits with promotions like “earn up to 75 per cent every hour” and “81 per cent profit in one hour or less, trade all major markets”. These are gambling sites, pure and simple. Until that happens, they seem to be doing great business.

AUD/USD daily graph with support and resistance lines on it. Click to enlarge: • ANZ Job Advertisements: Monday, 00:30. This gauge of Australian employment precedes the official jobs report released by the government. The number of job advertisements dropped by 0.6% in August and we may see a bounce in September.

• NAB Business Confidence: Tuesday, 00:30. The National Australia Bank’s monthly survey of 350 businesses fell to 4 points in September and the trend is generally to the downside. Another drop cannot be ruled out. • Westpac Consumer Sentiment: Tuesday, 23:30. This bank survey focuses on consumers.

The 1,200-strong survey fell sharply in the past two months. After a slide of 3% in September, we could see a bounce back in October, as spring begins in Australia. • Luci Ellis talks Wednesday, 22:30. The RBA Assistant Governor will talk in Melbourne and may provide hints on monetary policy. The event is titled “Delivering Growth with Equity.” • MI Inflation Expectations: Thursday, 00:00. The Melbourne Institute’s Inflation Expectations measure showed expectations for an annual increase of 4% in August, above the current level of price increases.

MI’s measure complements official inflation data which is released only once per quarter. We will now get the data for September. • RBA Financial Stability Review: Friday, 1:30. The central bank publishes a report on financial stability twice per year. Apart from the assessment on stability, the publication also provides economic figures and may hint about monetary policy. • Home Loans: Friday, 00:30.

New loans increased by 0.4% in July after a substantial drop of 1.1% in June. While this is a volatile economic indicator, the data provides a snapshot of the housing sector. A drop of 0.9% is projected. • Chinese trade balance: Friday, 2:00.