search
Install Now

An incredible cashback rate!
40% of the spread!

Join Now

Should We Keep an Eye on Price Movements at the Start of the Second Half of the Month?

Market Report

Should We Keep an Eye on Price Movements at the Start of the Second Half of the Month?

19.07.2021

Today's Highlights
  1. Turkey Consumer Confidence Index
  2. Remarks by Haskell, a Member of the Bank of England’s Monetary Policy Committee

Last weekend, stock markets in both Europe and the U.S. declined. The UK’s FTSE, where daily COVID-19 cases have exceeded 50,000, closed at 7,008, down 0.06% from the previous day. Although the number of cases in the UK is on the rise again, the lockdown is expected to be lifted as scheduled today.WTI crude oil continued to fall, trading around $70 per barrel. OPEC+ agreed to scale back production cuts starting in August, and prices declined on expectations of stable supply.

The foreign exchange market opened without any significant gaps, and trading during today’s Asian session has been generally range-bound. In particular, the EUR/USD pair is trading with very little direction around the 1.180 level, and on the hourly chart, upside momentum appears to be slightly capped. However, since the pair remains above the 200-day moving average on the weekly chart, this is a phase where we need to carefully assess whether a downtrend is likely to develop.

Today’s economic indicators include the Turkish Consumer Confidence Index at 4:00 p.m., remarks by UK MPC member Haskell at 7:00 p.m., and the U.S. NAHB Housing Market Index at 11:00 p.m. Aside from these, no major speeches by key figures or economic indicator releases are scheduled.With the ECB’s policy rate announcement on Thursday, the 22nd, and the release of European manufacturing and non-manufacturing PMI flash estimates coming up this week, we’ll be watching to see if European currencies show any clear direction.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Will the Decline in Cross-Yen Pairs Reverse?

Next Article

Will the Acceleration in Bond Buying Lead to a Weakening in the Foreign Exchange Market?
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are paying close attention to this feature.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings