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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6716.08
6716.08
6716.08
6754.30
6710.81
+16.70
+ 0.25%
--
DJI
Dow Jones Industrial Average
46993.25
46993.25
46993.25
47428.12
46975.52
+46.85
+ 0.10%
--
IXIC
NASDAQ Composite Index
22479.52
22479.52
22479.52
22569.64
22409.07
+105.35
+ 0.47%
--
USDX
US Dollar Index
99.320
99.320
99.400
99.340
99.240
+0.040
+ 0.04%
--
EURUSD
Euro / US Dollar
1.15328
1.15328
1.15335
1.15440
1.15294
-0.00065
-0.06%
--
GBPUSD
Pound Sterling / US Dollar
1.33515
1.33515
1.33526
1.33630
1.33484
-0.00026
-0.02%
--
XAUUSD
Gold / US Dollar
4992.26
4992.26
4992.64
5015.71
4985.97
-13.89
-0.28%
--
WTI
Light Sweet Crude Oil
93.563
93.563
93.598
95.457
93.033
-1.431
-1.51%
--

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South Korea Envoy: We Are Still Considering Trump's Call For Naval Escort In Strait Of Hormuz

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[Australian Air Force Base In UAE Attacked By Projectile] Australian Prime Minister Barnes Said On The 18th That The Country's Minhad Air Base In The UAE Was Attacked By An Iranian Projectile That Day, With No Casualties Reported. There Is No Indication That Iran Deliberately Targeted Australia. Barnes Told The Media, "The Projectile Hit A Road Leading To The Base, Causing A Small Fire And Minor Damage To A Dormitory Building And A Medical Facility."

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Former USA Representative Melissa Bean Wins Democratic Primary For Illinois' 8Th Congressional District, Ap News Projects

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UBS Has Moved Its Forecast For The Reserve Bank Of Australia's (RBA) Next Rate Hike Forward To May, From August. UBS Chief Economist George Tharenou Stated That Although This Week's Rate Hike Was Based On A 5-4 Vote, They Are Still Moving Forward Their Timing Forecast. Governor Bullock's Hawkish Comments After The Rate Decision Suggest That RBA Staff Are Expected To Recommend A Rate Hike At The Next Meeting In May. A Similar Divided Vote Is Likely At The Next Meeting

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Malaysia February New Vehicle Sales Fell 18.5% On Month, Better Sales Likely In March

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[Japanese Prime Minister: No Plans To Deploy Self-Defense Forces To The Strait Of Hormuz] On The 18th Local Time, Japanese Prime Minister Sanae Takaichi Stated At The House Of Councillors Budget Committee That There Are Currently No Plans To Deploy Self-Defense Forces To The Strait Of Hormuz. Since The US And Israel Launched Military Strikes Against Iran, Shipping In The Strait Of Hormuz Has Been Almost Completely Disrupted. US President Trump Recently Pressured NATO Members And Allies Such As South Korea And Japan To Send Warships To The Strait Of Hormuz For Escort Missions, But Few Have Responded

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Illinois Lieutenant Governor Juliana Stratton Wins State's Democratic Senate Primary - Nbc News Projects

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Saudi Ministry Of Foreign Affairs: The Saudi Deputy Foreign Minister Received The EU's Special Envoy For The Gulf Region

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[Iraqi Militia Claims 454 Attacks On US Units] On The Evening Of The 17th Local Time, The Iraqi Militia Group "Islamic Resistance Organization" Issued A Statement Claiming That It Had Launched 47 Attacks That Day Using Drones And Rockets Against US Units In And Around Iraq. Since February 28th, The Group Has Claimed To Have Launched 454 Attacks On US Units. On The Evening Of The 17th, The US Embassy In Baghdad's Green Zone Was Attacked Multiple Times. Following The Attacks, The Iraqi Shiite Militia Group "Kata'ib Hezbollah" Issued A Statement Demanding The Withdrawal Of All Foreign Troops From Iraq. In Addition, The Iraqi Armed Forces Issued A Statement That Evening Condemning The Attacks On The US Embassy In Iraq

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[Iran Launches Missile With Cluster Warhead At Tel Aviv, Israel] On March 18, Iranian Sources Reported That Iran Launched A Missile Carrying A Cluster Warhead At The Tel Aviv Region Of Israel In Retaliation For The Assassination Of Ali Larijani, Secretary Of Iran's Supreme National Security Council. Air Raid Sirens Sounded In Jerusalem And Several Other Parts Of Israel In The Early Hours Of March 18, And The Israel Defense Forces Reported Detecting The Iranian Missile Attack. Smoke Rose From Several Locations In Israel In The Early Hours Of March 18 Following The Iranian Missile Strike. Israeli Emergency Services Reported That The Missile Attack Resulted In Two Deaths And Damage To Several Buildings

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China Central Bank Injects 20.5 Billion Yuan Via 7-Day Reverse Repos At 1.40% Versus Prior 1.40%

TIME
ACT
FCST
PREV
U.S. Capacity Utilization MoM (SA) (Feb)

A:--

F: --

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U.S. Manufacturing Output MoM (SA) (Feb)

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U.S. NAHB Housing Market Index (Mar)

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Australia Overnight (Borrowing) Key Rate

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RBA Rate Statement
RBA Press Conference
Indonesia 7-Day Reverse Repo Rate

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Indonesia Loan Growth YoY (Feb)

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Indonesia Deposit Facility Rate (Mar)

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Germany ZEW Current Conditions Index (Mar)

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U.S. Weekly Redbook Index YoY

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U.S. Pending Home Sales Index MoM (SA) (Feb)

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U.S. Pending Home Sales Index (Feb)

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U.S. API Weekly Gasoline Stocks

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U.S. API Weekly Crude Oil Stocks

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U.S. API Weekly Cushing Crude Oil Stocks

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Japan Reuters Tankan Non-Manufacturers Index (Mar)

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Japan Reuters Tankan Manufacturers Index (Mar)

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South Korea Unemployment Rate (SA) (Feb)

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Australia Westpac Leading Index MoM (Feb)

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Japan Imports YoY (Feb)

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Japan Goods Trade Balance (SA) (Feb)

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Japan Trade Balance (Not SA) (Feb)

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Japan Exports YoY (Feb)

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South Africa Core CPI YoY (Feb)

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South Africa CPI YoY (Feb)

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Euro Zone CPI YoY (Excl. Tobacco) (Feb)

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Euro Zone Core CPI Final MoM (Feb)

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U.S. MBA Mortgage Application Activity Index WoW

--

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South Africa Retail Sales YoY (Jan)

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U.S. Core PPI YoY (Feb)

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U.S. PPI MoM (SA) (Feb)

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U.S. Core PPI MoM (SA) (Feb)

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U.S. PPI YoY (Feb)

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Canada Overnight Target Rate

--

F: --

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BOC Monetary Policy Report
U.S. Factory Orders MoM (Excl. Defense) (Jan)

--

F: --

P: --

U.S. Factory Orders MoM (Excl. Transport) (Jan)

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F: --

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U.S. Factory Orders MoM (Jan)

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U.S. EIA Weekly Crude Oil Imports Changes

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U.S. EIA Weekly Heating Oil Stock Changes

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U.S. EIA Weekly Cushing, Oklahoma Crude Oil Stocks Change

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U.S. EIA Weekly Crude Demand Projected by Production

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U.S. EIA Weekly Gasoline Stocks Change

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BOC Press Conference
Russia PPI YoY (Feb)

--

F: --

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Russia PPI MoM (Feb)

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U.S. Target Federal Funds Rate Lower Limit (Overnight Reverse Repo Rate)

--

F: --

P: --

U.S. Target Federal Funds Rate Upper Limit (Excess Reserves Ratio)

--

F: --

P: --

FOMC Statement
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    Ashok flag
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          Technical Convergence At Key Support Floor May Ignite New AUDUSD Bullish Impulse

          Manuel
          Summary:

          The proximity of these indicators suggests a major convergence in the upcoming sessions, which could act as a technical launchpad to regain its bullish momentum.

          BUY AUDUSD
          Close Time
          CLOSED

          0.66859

          Entry Price

          0.67650

          TP

          0.66350

          SL

          0.71030 -0.00001 0.00%

          46.8

          Pips

          Profit

          0.66350

          SL

          0.67327

          Exit Price

          0.66859

          Entry Price

          0.67650

          TP

          The U.S. labor market continues to exhibit remarkable resilience, with initial jobless claims falling to 198,000 last week from a previous 207,000, significantly undershooting market expectations. Continuing claims also saw a decline to 1,884,000, further bolstering the narrative of a robust domestic economy. These labor metrics complement other strong indicators of economic activity, including a solid rebound in retail sales and a Producer Price Index (PPI) that remains stubbornly elevated, highlighting persistent inflationary pressures within the system.
          Specifically, the U.S. Census Bureau reported on Wednesday that retail sales surged by 0.6% in November, reaching $735.9 billion. This performance follows a 0.1% contraction in October and comfortably surpassed the market consensus of a 0.4% increase. Simultaneously, both headline and core PPI reached 3% on a year-over-year basis for November. Investors remain highly attuned to the weekly jobless claims report due later on Thursday, alongside scheduled commentary from several Federal Reserve officials.
          Currently, Federal Reserve officials remain divided regarding the appropriate path for monetary policy. Atlanta Fed President Raphael Bostic emphasized that inflation remains far from its intended target, necessitating a restrictive policy stance. In contrast, Neel Kashkari of Minneapolis noted a stabilizing labor market amidst resilient growth. Conversely, Governor Miran and Philadelphia’s Anna Paulson have adopted a more dovish tone; Miran reiterated the necessity of 150 basis points of easing this year, while Paulson suggested the 2% target could be achieved by year-end. Amidst these divergent views, Chicago Fed President Austan Goolsbee underscored that central bank independence is the vital key to maintaining long-term price stability.
          In Australia, the momentum appears to be cooling slightly following the release of consumer inflation expectations. The January reading declined to 4.6% from 4.7%, suggesting that while households still anticipate elevated price pressures, they expect the pace to slow marginally. The Reserve Bank of Australia (RBA) recently maintained its official cash rate at 3.6%, acknowledging that while inflation has decelerated significantly from its 2022 peak, it remains above the bank's 2%–3% target range.Technical Convergence At Key Support Floor May Ignite New AUDUSD Bullish Impulse_1

          Technical Analysis

          The AUD/USD pair is currently navigating a corrective phase and has found a significant support floor in the 0.6664 zone. This specific region has triggered several bullish rebounds in the past and is attracting renewed attention as it aligns with the upward trajectory of key moving averages.
          The 100-period Moving Average (MA) is currently positioned at 0.6698, while the 200-period MA sits at 0.6655. The proximity of these indicators suggests a major convergence in the upcoming sessions, which could act as a technical launchpad for the price to regain its bullish momentum.
          The current technical structure reveals a promising transition of interest. The MACD signal lines have completed their corrective "discharge" phase and are now approaching neutral territory with an inclination that suggests the start of a new impulse. This movement is synchronized with a histogram that is beginning to turn positive, indicating that selling pressure has exhausted itself exactly atop the dynamic moving average support.
          If this bullish crossover consolidates above the zero line, it would confirm a successful "oscillator reset." Such a development would validate the strength of the primary trend and project a renewed attack on recent highs, moving past the current sideways consolidation to seek liquidity at superior levels. However, traders should exercise caution: a decisive break below this support zone would invalidate the immediate bullish thesis and open the door for a much deeper structural correction.
          Trading Recommendations
          Trading direction: Buy
          Entry price: 0.6686
          Target price: 0.6765
          Stop loss: 0.6635
          Validity: Jan 28, 2025 15:00:00
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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