{"id":70783,"date":"2023-10-10T10:52:40","date_gmt":"2023-10-10T07:52:40","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=70783"},"modified":"2025-11-27T15:46:15","modified_gmt":"2025-11-27T13:46:15","slug":"fundamentals-to-lead-the-way-4","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/","title":{"rendered":"Fundamentals to lead the way"},"content":{"rendered":"<p>With the conflict in Israel still ongoing the market seems to have already priced in a number of scenarios, pushing oil prices higher and increasing demand for safe-haven instruments such as US bonds, causing their yield to fall. For the time being it seems that the market\u2019s worries have eased a bit and should there be no major escalation we may see that tendency being maintained. A possible internationalization of the issue by neighbouring countries such as Egypt and Saudi Arabia, may have wider repercussions on the market.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Fundamentals at the wheel\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/5g8fnqNGx8c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Overall, we note that the US Dollar edged lower across the board yesterday, with analysts citing dovish comments from Fed policymakers as the reason for USD\u2019s retreat. Dallas Fed President Logan was reported stating that &#8220;If long-term interest rates remain elevated because of higher term premiums, there may be less need to raise the Fed funds rate,\u201c while Fed Vice Chair Jefferson was reported stating that the Fed would need to &#8220;proceed carefully&#8221; given the recent rise in yields. Overall, the comments highlighted the obstacles in the Fed\u2019s path toward any further rate hikes and weakened the chances for another rate hike by the bank according to Fed Fund futures and we expect Fed speakers to gain attention later today. Additional dovish comments by Fed policymakers could weigh on the USD as they may solidify the market\u2019s expectations for the bank to cease hiking rates and vice versa.<\/p>\n\n\n\n<p>EUR\/USD edged higher yesterday, yet the overall picture of a sideways motion seems to remain undisturbed. The RSI indicator remains just above the reading of 50, implying a rather indecisive market thus our bias for the continuance of a sideways motion of the pair is maintained. Should a buying interest be expressed by the market we may see EUR\/USD breaking the 1.0635 (R1) resistance line and aim for the 1.0735 (R2) resistance level. Should the sellers take over the direction of the pair we may see EUR\/USD breaking the 1.0515 (S1) support line and aim for the 1.0445 (S2) support level.&nbsp;<\/p>\n\n\n\n<p>On the flip side, we note that the Aussie tended to be on the rise against the USD as the improved market sentiment tended to provide for the riskier commodity currency. We have to note though that business conditions and business confidence tended to deteriorate in September, while Australia\u2019s consumer confidence for October is due out during tomorrow\u2019s Asian session. On the monetary front, we highlight the markets\u2019 expectations for RBA to remain on hold, up until the end of Q424 and note that RBA Assistant Governor Kent is scheduled to speak during tomorrow\u2019s Asian session. Any hawkish comment from Assistant Governor Kent may provide some support for AUD.<\/p>\n\n\n\n<p>On a technical level, we note the rise of the Aussie against the greenback, as AUD\/USD was able to break the 0.6400 (S1) resistance line, now turned to support. We maintain a bullish outlook for the pair as long as AUD\/USD remains above the upward trendline formed since the 6<sup>a.<\/sup> of the month. Should the bulls maintain control we may see AUD\/USD aiming if not reaching the 0.6515 (R1) resistance line. Should the bears take over, we may see AUD\/USD breaking the prementioned upward trendline in a first signal that the upward movement has been interrupted, break the 0.6400 (S1) support line and aim for the 0.6285 (S2) level.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-the-day\"><strong>Other highlights for the day:<\/strong><\/h2>\n\n\n\n<p>Today in the European session, we note the release of Sweden\u2019s GDP rate for August, Norway\u2019s CPI rates for September and the Czech Republic\u2019s CPI rates for the same month. On the monetary front, we note that ECB President Christine Lagarde, Atlanta Fed President Bostic and Minneapolis Fed President Kashkari are scheduled to speak. In tomorrow\u2019s Asian session, we note the speech of San Francisco Fed President Daly. Overall we tend to expect volatility to ease unless there are any surprises and given the low number of high-impact financial releases, we may see fundamentals guiding the markets. &nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-aud-usd-4-hour-chart\"><strong>AUD\/USD 4 Hour Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"975\" height=\"456\" src=\"\/wp-content\/uploads\/2023\/10\/image-42.png\" alt=\"support at zero point six four and resistance at zero point six five one five, direction upwards  \" class=\"wp-image-70785\" title=\"aud-usd-four-hour-chart\"\/><\/figure>\n\n\n\n<p>Support: 0.6400 (S1), 0.6285 (S2), 0.6170 (S3)<\/p>\n\n\n\n<p>Resistance: 0.6515 (R1), 0.6620 (R2), 0.6725 (R3) <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eur-usd-4-hour-chart\"><strong>EUR\/USD 4 Hour Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"975\" height=\"456\" src=\"\/wp-content\/uploads\/2023\/10\/image-43.png\" alt=\"support at one point zero five one five and resistance at one point zero six three five, direction sideways     \" class=\"wp-image-70786\" title=\"eur-usd-four-hour-chart\"\/><\/figure>\n\n\n\n<p>Support: 1.0515 (S1), 1.0445 (S2), 1.0315 (S3)<\/p>\n\n\n\n<p>Resistance: 1.0635 (R1), 1.0735 (R2), 1.0835 (R3)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2000\" height=\"494\" src=\"\/wp-content\/uploads\/2023\/10\/image-44.png\" alt=\"\" class=\"wp-image-70787\" title=\"benchmark-10-10-2023\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1072\" height=\"615\" src=\"\/wp-content\/uploads\/2023\/10\/image-46.png\" alt=\"\" class=\"wp-image-70789\" title=\"table-10-10-2023\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1457\" height=\"1126\" src=\"\/wp-content\/uploads\/2023\/10\/image-45.png\" alt=\"\" class=\"wp-image-70788\" title=\"morning-releases-10-10-2023\"\/><\/figure>\n\n\n\n<p class=\"translation-block\">Se tiver alguma d\u00favida ou coment\u00e1rios sobre este artigo, solicitamos que envie um email diretamente para a nossa equipa de Research atrav\u00e9s do <a href=\"mailto:research_team@ironfx.com\">research_team@ironfx.com<\/a><\/p>\n\n\n\n<p>Isen\u00e7\u00e3o de responsabilidade:<br>Esta informa\u00e7\u00e3o n\u00e3o \u00e9 considerada como aconselhamento ou recomenda\u00e7\u00e3o ao investimento, mas apenas como comunica\u00e7\u00e3o de marketing. O IronFX n\u00e3o \u00e9 respons\u00e1vel por quaisquer dados ou pela informa\u00e7\u00e3o fornecida por terceiros aqui mencionados, ou com links diretos, nesta comunica\u00e7\u00e3o.<\/p>","protected":false},"excerpt":{"rendered":"<p>With the conflict in Israel still ongoing the market seems to have already priced in a number of scenarios, pushing<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-70783","post","type-post","status-publish","format-standard","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fundamentals Expected to Guide Market Direction<\/title>\n<meta name=\"description\" content=\"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ironfx.com\/pt\/wp-json\/wp\/v2\/posts\/70783\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fundamentals to lead the way\" \/>\n<meta property=\"og:description\" content=\"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-10T07:52:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-27T13:46:15+00:00\" \/>\n<meta name=\"author\" content=\"IronFX Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/\"},\"author\":{\"name\":\"IronFX Team\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\"},\"headline\":\"Fundamentals to lead the way\",\"datePublished\":\"2023-10-10T07:52:40+00:00\",\"dateModified\":\"2025-11-27T13:46:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/\"},\"wordCount\":767,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"pt-PT\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/\",\"name\":\"Fundamentals Expected to Guide Market Direction\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#website\"},\"datePublished\":\"2023-10-10T07:52:40+00:00\",\"dateModified\":\"2025-11-27T13:46:15+00:00\",\"description\":\"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/#breadcrumb\"},\"inLanguage\":\"pt-PT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/fundamentals-to-lead-the-way-4\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fundamentals to lead the way\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#website\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"description\":\"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-PT\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#organization\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-PT\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"contentUrl\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"width\":1200,\"height\":627,\"caption\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/pt\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\",\"name\":\"IronFX Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-PT\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"caption\":\"IronFX Team\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fundamentals Expected to Guide Market Direction","description":"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ironfx.com\/pt\/wp-json\/wp\/v2\/posts\/70783\/","og_locale":"pt_PT","og_type":"article","og_title":"Fundamentals to lead the way","og_description":"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.","og_url":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/","og_site_name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","article_published_time":"2023-10-10T07:52:40+00:00","article_modified_time":"2025-11-27T13:46:15+00:00","author":"IronFX Team","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/#article","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/"},"author":{"name":"IronFX Team","@id":"https:\/\/www.ironfx-cn.com\/pt\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1"},"headline":"Fundamentals to lead the way","datePublished":"2023-10-10T07:52:40+00:00","dateModified":"2025-11-27T13:46:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/"},"wordCount":767,"commentCount":0,"publisher":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/#organization"},"articleSection":["Uncategorized"],"inLanguage":"pt-PT"},{"@type":"WebPage","@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/","url":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/","name":"Fundamentals Expected to Guide Market Direction","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/#website"},"datePublished":"2023-10-10T07:52:40+00:00","dateModified":"2025-11-27T13:46:15+00:00","description":"Key economic fundamentals are set to drive market sentiment as traders watch data releases and policy signals for direction.","breadcrumb":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/#breadcrumb"},"inLanguage":"pt-PT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ironfx-cn.com\/pt\/fundamentals-to-lead-the-way-4\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ironfx-cn.com\/pt\/"},{"@type":"ListItem","position":2,"name":"Fundamentals to lead the way"}]},{"@type":"WebSite","@id":"https:\/\/www.ironfx-cn.com\/pt\/#website","url":"https:\/\/www.ironfx-cn.com\/pt\/","name":"Solu\u00e7\u00e3o Completa para Corretores de Apresenta\u00e7\u00e3o (IB) no IronFX","description":"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;","publisher":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ironfx-cn.com\/pt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-PT"},{"@type":"Organization","@id":"https:\/\/www.ironfx-cn.com\/pt\/#organization","name":"Solu\u00e7\u00e3o Completa para Corretores de Apresenta\u00e7\u00e3o (IB) no IronFX","url":"https:\/\/www.ironfx-cn.com\/pt\/","logo":{"@type":"ImageObject","inLanguage":"pt-PT","@id":"https:\/\/www.ironfx-cn.com\/pt\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","contentUrl":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","width":1200,"height":627,"caption":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX"},"image":{"@id":"https:\/\/www.ironfx-cn.com\/pt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.ironfx-cn.com\/pt\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1","name":"IronFX Team","image":{"@type":"ImageObject","inLanguage":"pt-PT","@id":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","caption":"IronFX Team"}}]}},"_links":{"self":[{"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/posts\/70783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/comments?post=70783"}],"version-history":[{"count":0,"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/posts\/70783\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/media?parent=70783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/categories?post=70783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/pt\/wp-json\/wp\/v2\/tags?post=70783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}