News, Trends & Analytics 05.11.2019

Mr Trump’s lawyer under the impeachment inquiry.

Today traders will focus on President Xi Jinping’s speech, Facebook shares sell-off, and Rudi Giuliani’s testimony.



Donald Trump’s lawyer will testify in the impeachment case against Trump. Affects USD

Mark Zuckerberg has been selling off Facebook shares for the whole October. Affects Facebook

China’s PMI has decreased. Affects Brent

Bank of Japan Governor said a mix of monetary easing and flexible fiscal spending would lead to the country’s development. Affects JPY

The European Union Aviation Safety Agency says Boeing 737 Max might return to service during 1Q 2020. Affects Boeing



15:30 GMT

US releases its non-manufacturing PMI. A reading above the expected value of 53.5 will have positive a impact on USD.

21:45 GMT

New Zealand releases a report on employment change in 3Q 2019. A decrease will weaken the NZD.


Technical analysis

The impeachment inquiry negatively affects the USD. However, the hope for progress in relations with China, as well as strong data on quarterly GDP are taking over.

The asset is testing the previously broken resistance level of 97.15. The movement up is quite likely to resume.


On 1D TF, the MACD signals of a bearish divergence, which is a negative signal.


The Russian Ruble is actively strengthening against the backdrop of rising oil price. However, its growth prospect is technically limited to 62.60.


AUD/USD on this day in history

  • Since 2000, November 5 has been a trading day 15 times.
  • On 57% of those days, the asset ended with growth.
  • The maximum reinforcement range was 0.81%.
  • The trend down was limited to 2.11%.
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