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The
sentiment-linked Australian Dollar and similarly-behaving New Zealand
Dollar could be at risk of turning lower after a relatively mixed
session. On Thursday, the Dow Jones and S&P 500 closed -0.58% and
-0.21% respectively after wiping out gains as much as 1 percent. The
Euro outperformed as markets digested the European Commission proposing
an ambitious recovery fund as the haven-linked US Dollar declined.
Investors
turned risk averse after US President Donald Trump announced that he
will hold a news conference later today on China. This follows Chinese
legislatures voting to endorse a proposed security law for Hong Kong. In
recent weeks, escalating tensions between the worlds largest economies
have been likely adding an additional layer of uncertainty to the road
to recovery from the coronavirus outbreak.To get more news about WikiFX, you can visit wikifx news official website.
This
development likely overshadowed earlier optimism on US continuing
claims unexpectedly dipping to 21.05m for the week ending May 16 against
the anticipation of a 25.68m outcome. As this data is more timely,
markets may have overlooked the second estimate of local first-quarter
GDP which was revised softer to -5.0% q/q from -4.8% anticipated.
Fridays Asia Pacific Trading Session
A
consequence of Trumps news conference later today is that it could
leave financial markets in limbo as investors struggle to price in the
exact outcome. There is also the question of what Beijing could do as
countermeasures in the event Washington pushes for bold action, such as
economic sanctions or tariffs. China is Australias largest trading
partner, and it may have to brace for the knock-on risks of tit-for-tat
exchanges.
Australian Dollar Technical Analysis
It
is thus unsurprising perhaps that AUD/USD has left behind a Doji
candlestick on the daily chart below. This pattern is a sign of
indecision which typically carries greater significance when it occurs
at peaks or troughs. In this case, the emergence of the Doji just under
key resistance – a range between 0.6645 – 0.6685 – could speak to a
potential top in the works. Follow-through is critical when it comes to
theses candlestick patterns. A turn lower through support at 0.6624
exposes lows from the beginning of this month.
June 2nd will see Reserve Bank of Australia release its interest rate decision, which will likely remain unchanged according to market expectation. Previously, the reserve bank board agreed that the policy package is working as expected, and board members consider the best approach to be maintaining the current policy arrangement and keep a close watch on the economic and financial results. In the following months, RBA will possibly maintain the present stance while carefully observing any new change.
This image has been resized to fit in the page. Click to enlarge.Whether the large-scale fiscal and monetary policies will bring the economy to a V-shape recovery is still a question, and should the economy fail to rally as expected, the central bank will be under pressure and faces challenge in taking further measures to support economy. We expect Australias GDP to shrink about 10% in the first half of 2020.
In conclusion, if the RBA resume a mild forward guidance, the Aussie will possibly face downside risks.
Overnight USD/CAD rate dropped 228 pips to 1.3773, a new low since March 16th. This has been the largest intraday decline since March.
Bank of Canada‘s outgoing Governor Stephen Poloz maintains a dovish forward guidance before leaving the post, saying that the central bank is “doing the best to ensure a solid foundation for economic recovery”. Poloz is leaving the post in June, and he had previously warned that massive monetary stimulus will be needed for Canada’s economy.
As the Bank of Canada remains open to introducing more unconventional measures, the Canadian dollar may face even more unfavorable risks.
Canada will release on Friday the GDP for Q1, 2020, which is expected to see the greatest decline since the data was first recorded and published in 1961.
This image has been resized to fit in the page. Click to enlarge.Entering the building, we saw that the lobby on the first floor was luxuriously decorated, and the receptionist gave us a warm welcome. The directory signs suggested capital.com was located in this building.
After ringing the doorbell, the receptionist of capital.com greeted us and welcomed us into the company. Through observation, we saw that the office is clean and bright, there are about 30 cubicles, and the employees were all busily working.
Through this visit, we confirm that broker capital.com's office address in Cyprus is in accordance with the regulatory information. The broker has an overall score of 7.53 on WikiFX App and is under valid regulation of the Cyprus Securities and Exchange Commission (CySEC), with the license number 319/17. In addition, its two related companies Capital Com (UK) Limited and Capital Com Bel are also under valid supervision.
So far, WikiFX App has included profiles of more than 18,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions. The App is highly popular among professional investors.
During the Asia Pacific trading session, risk aversion engulfed financial markets as China imposed more stringent control over Hong Kong. This has drawn harsh criticism from the United States as tensions with China have already been on the rise as of late. These woes sent the Hang Seng to its worst day since July 2015, dropping 5.56 percent.
Then sentiment cooled and cautiously recovered throughout the European and North American trading sessions. This is as Anthony Fauci, chief of the US National Institute of Allergy and Infectious Diseases, said that staying locked down for a ‘prolonged period’ is not the way to go. Bets of lockdown easing and a reinvigoration in economic activity may have rekindled speculative appetite from investors.The week starts on a rather quiet note, with US markets offline for the Memorial Day holiday today. This could make for less-than-usual liquidity conditions, exacerbating price swings in markets in the event of breaking headlines. A lack of prominent economic event risk also places the focus for currencies on market mood.
S&P 500 Technical Analysis
The S&P 500 has been struggling to push through the peak from April. This makes for a range of resistance between 2944 – 2965. Negative RSI divergence is present and that is a sign of fading upside momentum which could precede a turn lower. If that is the case, immediate support seems to sit below at 2908 followed by 2823.
By representing the market differently, I came up with bank one and bank two concepts. Bank 1 goes up when you are buying and bank two selling.
Understanding commitments that replace the trend in modern technical analysis, these are commitments, my whole objective was to figure out where the responsibility would start to place or take a position.
I'm sitting watching the market on my computer while I'm piggybacking, the largest transactions in the world. Because when you take on that mindset and do it with repetition, you thought manifest that into existence.
You don't look at the foreign exchange market, neither being a speculator, retail trader, or commitment trader. I created this way of trading, this infrastructure, this Model, and this concept. To represent the modern foreign exchange markets.
And it does an excellent job of that. Because I've taken over the years and I perfected it. You got your different phases, test phase, usually before the commitment starts. You've reached your commitment levels,central-bank involvement, the rejection points, got your commitment range, and the continuation phase. These boils down into a perspective that a brand-new trader can understand.
We have replaced candlesticks and bars with liquidity gauges that have liquidity force being the body of the indicator. The market consists of millions and millions of traders, such as Speculators, retail traders, institutional traders, hedge funds, money managers, CTAs, and particular interest traders all over the world. We get a clear understanding of the market by taken a circle and dividing it half, calling one-half bank one and the other half bank two.
What did this eliminate in my mind？ That there are better traders out there than me. Because I was not looking at the market anymore and asking my self if this is a zero-sum game？ And how is it against me？ But when you take on this mindset that there's somebody better than me out there. I got on the wrong side of the Trade most of the time.
It happened to me, for years and years, I would sit down at my computer in my office and go through the same thing. I would see a candlestick pattern or candlestick formation that was close textbook according to my manual, or a price action trading course it something different you start saying to yourself what the heck is it doing？
The question is, why did I understand what it was doing？ Because I discovered that there are a lot of different environments that it can go through this foreign-exchange market has a lot of different moods and does a lot of other things the biggest problem was I needed to figure out how to isolate that.Without a shoe-string, he stumbles into trading. Twaine is passionate about forex exchange markets and has been trading since 2003. Self-taught, describes the forex exchange market as a roller coaster ride.
He has achieved proficiency in the implementation of successful marketing and financial strategies. Since 2003, he is working on developing forex trading strategies through various elements, such as an algorithm, programming, AI and machine learning, Nero network, and reinforcement learning, etc.
Other than forex trading, Twaine has worked in different fields like construction engineer, Journeyman Boilermaker. He has acquired many qualifications like associates degree in Legal, NLP certified practitioner hypothesis, and certified coach, which promotes him to be a multi-facet.
In October 1998, he held the authority of mandates representation by the mandated authority. Represented a certified trader on his behalf, including but not limited to the screening of any documents and correspondence as pertains to the initiation of various business ventures as certified trader shall be involved with IE investments.
As we all know, the WoW Classic will be kicking off on August 27, 2019, which is said to bring the open-world fantasy MMORPG back to the days before the expansions. That means everything from The Burning Crusade to the Battle for Azeroth never happened. As a famous WoW gold store, definitely will offer the cheapest World of Warcraft Classic gold as soon as the Classic arrives. To get more news about Buy WoW Shadowlands Gold, you can visit lootwowgold news official website.
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The vanilla World of Warcraft experience continues to expand in 2019, following a launch that saw a lot of fans return to the game.And having released the latest World Bosses and brought back the PvP Honor System, Blizzard is moving onto its next big project.To get more news about Buy WoW Gold Classic, you can visit lootwowgold news official website.
This includes releasing WoW Classic Battlegrounds during 2019, something that PvP fans will be very excited to hear.For those that don’t know, Battlegrounds are a special type of zone where unique player versus player challenges can be found. It offers an outlet for more competitive inter-faction play that was traditionally available in PvP and PvE servers.These areas were distinguished by having red instance portals, making it hard to stumble through them by accident. “In a battleground, player versus player combat is always enabled, regardless of server type,” a message from Blizzard explains.“
This gives players on the PvE server who want a taste of PvP gameplay the ability to do so on more manageable terms.While in a battlegrounds area, you can team up with friendly players while you embark on quests designed to pit you against players of the opposing faction. “You can easily leave a battlegrounds area and return to the normal world by speaking to another friendly battleground NPC.
”Blizzard noted in a recent update that there has been a big uptick in PvP battling and its something that has led to their next decision, launching Battlegrounds. The new WoW Classic PvP update is scheduled to arrive the week of December 10 and will be available to all players.WoW fans can probably expect a new download before the launch, as well as some server downtime. But this is all expected to happen before the Battlegrounds goes live in early December.While fans are pleased to hear that more PvP action is coming their way, there might be other reasons for the early Battlegrounds launch.This latest change will no doubt be seen as a positive move by fans, who will still have to wait until 2020 for other classic content.
“Warsong Gulch and Alterac Valley will open in WoW Classic simultaneously on all realms the week of December 10,” a message from Blizzard explains. “At the same time, Elemental Invasions will occur in Kalimdor, with Blazing, Thundering, Watery, and Whirling Invaders appearing in Un’goro Crater, Azshara, Winterspring, and Silithus respectively. “We’ve been following the deadly deeds of the Classic community closely over the last week as the Honor system sparked an impressive amount of World PvP on PvP realms, and we’re excited to see what might transpire over the next three weeks. “Nonetheless, like many of you, we can’t wait to charge into some battlegrounds, so we’ve detached this content unlock from the plan we previously announced. Blackwing Lair and Darkmoon Faire are coming in early 2020.
Tennessee Lottery officials say a Dickson County man has won $3 million playing Royal Jumbo Bucks.Get more news about 菲律宾彩票包网公司,you can vist loto98.com
Tim Wallace, of Charlotte, stopped by the White Bluff Grocery on Highway 47 for a Gatorade and a candy bar, and he bought two Lottery tickets.Wallace scratched his Royal Jumbo Bucks ticket, revealing his $3 million prize. The contractor set his Gatorade down, and he laid the ticket on the seat next to him.
“I pulled into the job site and told the boys, ‘Well, it looks like I’m not going to have to work anymore,’” Waller said laughingly. “But I’m going to keep working.” This is not the first time Wallace has won money from the lottery, which explains his reaction to his winnings. In 2012, he won $250,000 on a Mega Monopoly ticket. This is the 297th ticket sold worth $1 million or more since the Lottery began on January 20, 2004. Wallaces’ plans for his latest winnings include putting it in savings and finishing construction of his house.
A report revealing China’s effort to collect DNA from millions of men to help solve crimes is raising concerns among researchers about privacy and consent. They say people have little control over how their information is used, and probably do not understand the implications that DNA collection has for their families.To get more China news, you can visit shine news official website.
Chinese state media first reported the government’s intention to construct a national forensic DNA database in 2017. But a report released on 17 June compiled by the Australian Strategic Policy Institute (ASPI), a think tank in Canberra, reveals the scale, and key details, of the operation for the first time: for several years, police have been collecting DNA from men and school-aged boys across the country. They aim to collect and store genetic profiles of roughly 10% of the country’s male population — as many as 70 million people, according to the report.
The report estimates that those DNA profiles can be used to construct genetic links to China’s entire male population, roughly 700 million people. The Chinese government says the database will help it to track down criminals, who are mostly male. But the report also describes the operation as part of government efforts to “deepen” social control. Scientists and human-rights activists say a genetic database containing information about people without a criminal history is unprecedented.
“This is really unique. No other country is doing it,” says Mechthild Prinz, a forensic geneticist at John Jay College of Criminal Justice in New York. “They just go and get people that are regular citizens. It is very heavy-handed,” she says. Researchers also fear that police might use the database to persecute people who criticize the government. “This collection has nothing to do with crime — it has to do with oppression,” says Maya Wang, a researcher at the non-profit group Human Rights Watch in Hong Kong. The ASPI report says that the database, which is run by China’s Ministry of Public Security, expands on previous DNA-collection efforts. Like other countries, China has a large database of DNA from suspected and convicted criminals. But it has also collected DNA from minority ethnic groups in Tibet and in the northwest province of Xinjiang, which has been criticized by human rights groups.
One of the great challenges today is that we often feel untouched by the problems of others and by global issues like climate change, even when we could easily do something to help. We do not feel strongly enough that we are part of a global community, part of a larger we. Giving people access to data most often leaves them feeling overwhelmed and disconnected, not empowered and poised for action. This is where art can make a difference. Art does not show people what to do, yet engaging with a good work of art can connect you to your senses, body, and mind. It can make the world felt. And this felt feeling may spur thinking, engagement, and even action.To get more news about art can change the world quotes, you can visit shine news official website.
As an artist I have travelled to many countries around the world over the past 20 years. On one day I may stand in front of an audience of global leaders or exchange thoughts with a foreign minister and discuss the construction of an artwork or exhibition with local craftsmen the next. Working as an artist has brought me into contact with a wealth of outlooks on the world and introduced me to a vast range of truly differing perceptions, felt ideas, and knowledge. Being able to take part in these local and global exchanges has profoundly affected the artworks that I make, driving me to create art that I hope touches people everywhere.
Most of us know the feeling of being moved by a work of art, whether it is a song, a play, a poem, a novel, a painting, or a spatio-temporal experiment. When we are touched, we are moved; we are transported to a new place that is, nevertheless, strongly rooted in a physical experience, in our bodies. We become aware of a feeling that may not be unfamiliar to us but which we did not actively focus on before. This transformative experience is what art is constantly seeking. I believe that one of the major responsibilities of artists – and the idea that artists have responsibilities may come as a surprise to some – is to help people not only get to know and understand something with their minds but also to feel it emotionally and physically. By doing this, art can mitigate the numbing effect created by the glut of information we are faced with today, and motivate people to turn thinking into doing. Engaging with art is not simply a solitary event.
The arts and culture represent one of the few areas in our society where people can come together to share an experience even if they see the world in radically different ways. The important thing is not that we agree about the experience that we share, but that we consider it worthwhile sharing an experience at all. In art and other forms of cultural expression, disagreement is accepted and embraced as an essential ingredient. In this sense, the community created by arts and culture is potentially a great source of inspiration for politicians and activists who work to transcend the polarising populism and stigmatisation of other people, positions, and worldviews that is sadly so endemic in public discourse today. Art also encourages us to cherish intuition, uncertainty, and creativity and to search constantly for new ideas; artists aim to break rules and find unorthodox ways of approaching contemporary issues. My friend Ai Weiwei, for example, the great Chinese artist, is currently making a temporary studio on the island of Lesbos to draw attention to the plight of the millions of migrants trying to enter Europe right now and also to create a point of contact that takes us beyond an us-and-them mentality to a broader idea of what constitutes we. This is one way that art can engage with the world to change the world.