Yen May Fall More on NAFTA Deal as Franc Gains on EU, UK Politics

The Japanese Yen may continue to fall as markets celebrate a breakthrough NAFTA renegotiation deal but political jitters in the EU and the UK may boost the Swiss Franc.

Asian Stocks Mixed As US, Canada Reach NAFTA Deal, CAD Gains

Asia Pacific stocks were mostly higher on news that the US and Canada had reached an eleventh hour deal on overhauling NAFTA although much work still remains to do

Crude Oil Prices Aims at 2018 High, Gold at Risk After NAFTA Deal

Crude oil prices may rise while gold prices decline as financial markets cheer after the US, Mexico and Canada agree on a renegotiatedNAFTA trade deal.

Philippine Peso May Gain on CPI as USD Eyes Jobs data, Brexit News

Philippine Peso prices may rise if local CPI increase, pressuring the BSP to hike interest rates again. Indonesian Rupiah awaits the US Dollar’s response to jobs data and Brexit news.

Australian Dollar Looks To RBA As TD Inflation Stays Docile

The Australian Dollar didn’t move far on news that a private sector inflation gauge remains subdued which comes just a day before the Reserve Bank of Australia sets monetary policy

USD/JPY Ignores 3Q Tankan Data, Eyes Stocks and Possible NAFTA Deal

USD/JPY barely reacted to the release of third quarter Tankan industry and capital expenditure measures. Equities’ reaction to a possible US-Canada NAFTA deal will have more to offer.

USD/CNH Pares Gains After PMI, US-China Tariffs in Focus

The offshore Chinese Yuan gained against the US Dollar after mostly in-line September PMI data crossed the wires. Trade wars may offer a reversal through volatility soon.

Weekly Tech Outlook AUD/USD, EUR/AUD. Consolidation and Reversal

After last week’s performance, Australian Dollar prices might have set themselves up for consolidation versus the US Dollar. Meanwhile, gains could be made against the Euro ahead.

Yen, Stocks Eye NAFTA Volatility. USD/CAD Resuming Downtrend?

The anti-risk Japanese Yen and Asia Pacific stocks eye NAFTA volatility as the new quarter begins, is USD/CAD resuming its downtrend from September?

Fourth Quarter Forecasts for Dollar, Euro, Oil, Equities, and More

The third quarter is now in the books, and the final three months of the year should produce opportunities across asset classes.

US Dollar Q4 Forecast: Dollar Feels Pressure of Its Trade Wars, Politics, Fed

The US Dollar has proven resilient in the months since US President Trump declared that “trade wars are good, and easy to win.”

Oil Q4 Forecast: Global Oil Demand in Question as OPEC Output Falters and US Shale Booms

The outlook for crude demand is concerning – and thereby so too is the commodity’s price.

Euro Q4 Forecast: Euro Stabilization in Q3 May Offer Base for a Rally in Q4

Trading conditions are expected to remain choppy, but directionally, Euro rates should be biased to the topside.

Euro Q4 Forecast: Euro Stabilization in Q3 May Offer Base for a Rally in Q4

Trading conditions are expected to remain choppy, but directionally, Euro rates should be biased to the topside.

British Pound Q4 Forecast: Pound Traders Will Find Brexit Remains the Driver

As we enter the fourth quarter of 2018, the British Pound is picking itself up from its lows comparable to those plunged in summer 2017, and starting to re-coup some of this year’s losses.

Gold Q4 Forecast: Gold Selloff Likely to Continue as Fed Proceeds with Rate Hikes

Barring an economic collapse that forces the Fed to reverse course, gold is likely to continue its downward trend throughout the fourth quarter.

Japanese Yen Q4 Forecast: Yen Still Lacks Interest Rate Support, Haven Bids Will Endure

Despite recent highs for USD/JPY, the pair leaves the quarter not much higher than where it started the period – or the year.

The S&P 500 is Due for a Break, the Dollar a Stall to Start 4Q

We are entering a new trading week, month and quarter. Historically, October represents one of the heaviest volume and highest volatility months of the calendar year. Paired with systemic risks, what lies ahead for traders?

Equity Forecast: Global Stocks’ Strength Masks Vulnerabilities

Global share prices accelerated upward in the third quarter, building on the rebound started in the preceding three months.Still, critical vulnerabilities are much too glaring to ignore; the global economy has decelerated in 2018.

As the Third Quarter Ends, Largest US ETFs see Outflows

As the third quarter ends, investors looked to move their funds out of the three exchange traded funds we have been analyzing in a generally risk-on week.

Weekly Technical Perspective on Gold Prices (XAU/USD)

Gold is trading just above long-term structural support ahead of the September close. Here are the key levels that matter on the XAU/USD weekly chart heading into Q4.


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US Dollar Drives Higher as Fed’s Favorite Inflation Gauge Hits Target

The Fed’s favorite measure of inflation, personal consumption expenditure, read in at the expected 2% Friday. Coupled with Euro weakness, the Dollar pressed gains in early hours.


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UK and Italian Politics in Focus for FTSE 100 and MIB | Webinar

Global Indices Look Ahead: Italian politics likely to be the key driver for the FTSE MIB, while the Conservative party conference will be in focus for the FTSE 100.


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EUR/USD Falls as Italy Drives Euro Risk Aversion Ahead of Q3 Close

As we wind down Q3, EUR/USD weakness and US Dollar strength came screaming back. But are these themes that can hold into Q4 as a dizzying array of risk develops around the Euro-Zone?


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EUR and Italian Assets Sink on Budget Proposal - US Market Open

After the largest intra-day drop in 2018, the Euro has extended on losses amid the uncertainty surrounding Italian politics yet again.


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DXY Gains, EUR/USD Breaks Uptrend as Italian Budget Concerns Resurface

Signs that Italy will unveil a budget that will run counter to the European Commission's demands has the Euro pulling back.


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Charts for Next Week – EUR/USD, GBP/USD, Gold Price & More

In a look ahead to next week, USD looks to try and continues strength vs. EUR & GBP, while gold volatility picks up after tight range is broken.


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USDJPY Bulls In Control, Widening Bond Spreads Support Upside

USDJPY is now trading at fresh YTD highs as yesterday’s strong US data (Durable Goods) further reinforced the view that the US economy remains strong.


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EURUSD Battles Negative Italian Budget Sentiment, Weak CPI

EURUSD trades lower, and just above 1.1600, as Italian government bond yields soar on a fresh bout of negative budget-related sentiment. And fresh confirmation that Euro-Zone inflation remains elusive adds to the pair’s woes.


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Bitcoin (BTC) Price: Bullish Chart Pattern Forming

Over the past 7-10 days an array of cryptocurrencies have rallied for one reason or another. Now the largest crypto, Bitcoin, is eyeing a two-month high and this will drag the rest of the market even higher.


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Gold Price Range Finally Breaks, Silver Bear-flag Set to Trigger

Precious metals are finally set to make a move after a brutally tight set of trading conditions; levels to keep an eye on as vol looks to pick up again.


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Euro to Look Past CPI Data, May Fall on Italian Budget Woes

The Euro may continue to fall despite an increase in region-wide inflation as worries about financial instability in Italy continue to preoccupy the markets.

Gold Prices May Fall Further After Breaking 1-Month Range Floor

Gold prices look poised to decline further after a spirited recovery in the US Dollar triggered a break through one-month range support.

Asian Stocks Gain On US Dollar Strength, Nikkei Hits 27-Yr High

Asia Pacific shares were broadly higher as the month bowed out. The Nikkei was especially well bid. Plentiful economic data are still to come in Friday’s session

Daily Economic Calendar 28/09/2018

Daily Mcx Pivot Resistance Point 28/09/2018

Daily Pivot Resistance 28/09/2018

Daily pivot Resistance Point 28/09/2018

Dollar Break Higher a Move of Restraint, S&P Puts In Another Tail

Market pacing between the Dollar and S&P 500 seems to have reversed. The US indices reverted to range this week while the Greenback produced a bullish break. Now, are these moves that will persist?

Australian Dollar Steady on Credit Data, Looks to RBA Next Week

The Australian Dollar remains sorely pressured by yawning interest rate differentials in its US cousin’s favor. This is unlikely to change in the coming week.

Fed, EU Politics Paves Way for EUR/USD Short Targeting August Low

Rising political jitters in Europe, especially in Italy, and a hawkish Fed paves the way to sell EUR/USD. An order was placed to sell the Euro at 1.6720 targeting the August lows.


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EUR/GBP Technical Analysis: Trend-Defining Support Under Fire

The Euro finds itself at a decisive chart inflection point, with resolution here likely to be defining for its trend against the British Pound.

EUR/USD Prices Eye May Support as Italian Budget Fuels a Reversal

Italian budget worries began US Dollar rally as the Euro declined, EUR/USD prices eyes key May support next after trend break. Asia Pacific shares may echo gains in the S&P 500, weakening JPY.

US Dollar Price Action Setups: Q4 Preview

The Dollar put in a rip ahead of Quarter-End, but the big question is whether it can remain. In this webinar, we look at a number of prominent themes for the final quarter of 2018.

US Advance Goods Deficit Rises as US-China Trade War Progresses

The advance trade goods deficit climbed days after President Trump berated China and other trade partners at the United Nations General Assembly in New York for trade imbalances.

Becoming a Better Trader – Utilizing Reversal Candlesticks

In this session, we discussed the power of incorporating candlestick reversal patterns into one's trading arsenal.


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USD/JPY Price Outlook: Yen Decision Time as Rally Tests Yearly Highs

Price has rallied more than 8% off the yearly lows with the advance now approaching the 2018 highs. Here are the targets & invalidation levels that matter for USD/JPY.

Euro Drops as Italian Fears Return, CAD Pressured by NAFTA - US Market Open

Italian politics take centre stage once again with focus on the Italian draft budget announcement at 1800GMT, while CAD remains on the backfoot as NAFTA concerns weigh.

US Dollar Tests Resistance at Q3 Open, Risk-Off Potential Re-Emerges

The Dollar is holding on to strength while trading at weekly highs, but this may not be what you think, as the currency was in a state of stall until risk-off hints began to show this morning.

Bullish S&P 500 & Nasdaq 100 Technical Outlook Faces Test After FOMC

U.S. stocks reversed course with vigor yesterday post-FOMC announcement; this has support levels under fire, a couple of key technical development in play.

GBPUSD Price at Risk of Break Lower on Brexit Splits, Firm Dollar

After strengthening for more than a month, there is a risk of a downward correction in GBPUSD as technical and fundamental factors combine to undermine it.

Bitcoin Cash (BCH) Chart Turning Positive after Latest Rally

Bitcoin Cash jumped over 20% in a few hours Wednesday, boosted by adoption news by crypto exchange Gemini and Bitmain’s IPO filing. And the charts now look a lot more positive.

CAD Buying Limited on NAFTA Concerns, Bulls Look to Governor Poloz

The main risk to CAD bulls is the is the outcome regarding NAFTA. With a touted deadline of October 1st and disputes still not settled, risks are rising with regard to no agreement being reached.

When Headlines Scream Oil Price to Reach $100, Skepticism is Called For

There are plenty of reasons why the crude oil price might strengthen further but headlines proclaiming it could hit $100/barrel may be a warning sign that it will soon be time to sell.

EURUSD Rattled by Italian Budget Fears and Fin Min Resignation Worry

EURUSD trades back below 1.1700 in early trade as news that the Italian budget may be delayed circulates around the market. Added to this Italian Fin Min Tria is rumoured to be considering his position if negotiations fail.

US Dollar, Yen Aim Higher as EU Politics Help Spoil Market Mood

The US Dollar and the Japanese Yen may continue to rise as political jitters in Italy and Sweden compound post-FOMC risk aversion across financial markets.

Euro and Krona at Risk Amid Sweden Political Gridlock

The Euro and Krona are likely to suffer amid political gridlock after September’s inconclusive general election delivered a hung parliament.

Asian Stocks Mostly Wilt As Fed Hike Knocks Wall St, US Data Eyed

Asia Pacific stocks struggled on Thursday as investors looked to still-further US interest rate rises ahead after the latest hike

A Week After the Break, The Chances for a EURUSD Trend

Not long ago, EURUSD triggered a remarkable technical signal when it broke above 1.1700 and in turn completed a textbook reversal pattern. And yet, there is good reason to doubt this trade will fill out.

Daily Mcx Pivot Resistance calls 27/09/2018

A Post-Fed Retreat Puts S&P 500 in Position to Reverse, Dollar Absorbs Trump

Despite the Federal Reserve extending its multi-year normalization scheme – and the contrast it draws to major counterparts – the Dollar spun its tires after Wednesday’s rate hike while risk trends started to waver.

Economic Calendar 27/09/2018

Daily Nse Pivot resistance Calls 27/09/2018

Daily Morning Calls 27/09/2018

USD/SGD, USD/PHP Still Face Risk Prices May Fall on Daily Charts

Looking ahead, USD/SGD and USD/PHP still face warnings signs that prices may fall on the daily charts. USD/IDR remains in consolidation mode as USD/MYR’s descent was kept at bay.

Nikkei 225 Technical Analysis: Support Firm,Consolidation Needed

The Nikkei 225 has enjoyed a stellar run, which has put ten-years highs back within striking distance. However the rush higher as been headlong. A break would probably be good

NZD/USD Technical Analysis: Struggling to Build on Upside Break

The New Zealand Dollar looks vulnerable to deeper losses against its US counterpart after breaking below Augusts’ swing bottom to hit a two-year low.

NAFTA Uncertainty Surpasses Fed, RBNZ Volatility. USD/CAD Reverses

Both the US and New Zealand Dollar saw high volatility on the Fed, RBNZ rate decisions. But USD/CAD held on to directional bias amidst NAFTA uncertainty. Asia Pacific shares may fall.

NZD/USD Buoyed by RBNZ Comments. Trade Wars and Consumer Confidence Next.

The New Zealand Dollar gained against its US namesake, as the RBNZ kept its OCR at 1.75% and noted signs of inflation pick-up. Trade wars may cause a reversal, however.

Dow Jones Drops as the Fed Hikes: Support Potential Remains

The Dow is dropping after the third rate hike out of the Fed this year, but it was the removal of a supposedly inconsequential word from the statement that appeared to get attention.

USD Undecided After Fed Hikes Rates to 2.00%-2.25%, Powell Speech

The US Dollar saw a slight bump during Fed Chairman Powell’s news conference where he soothed concerns about a change in the Fed’s language.

US Dollar Index Forecast: Every Hike Takes Us Closer to Cycle’s End

US Dollar Bulls appear to be a needy bunch. Despite the most favorable fundamental backdrop via the Fed, the US Dollar continues to sell-off and now faces critical support.

Weekly Technical Perspective on the Canadian Dollar (USD/CAD)

The US Dollar is down more than 3% against the Loonie since the June highs with major event-risk on tap. Here are the key levels that matter on the USD/CAD weekly chart.

US Dollar Tests Resistance at Prior Support Ahead of the Fed

Today brings the Federal Reserve's September rate decision to markets, and there isn't much question around today's 25 basis point hike. But what happens next?

USD Firms Ahead of FOMC Decision, Oil Eases on API Build - US Market Open

The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2.25%.

Preview for September FOMC Meeting and Outlook for US Dollar

The Federal Reserve will definitely issue a 25-bps rate hike today, but that much is already priced in for the US Dollar.

Bitcoin, Ether, Ripple, Litecoin - Charts Mixed and of Interest | Webinar

The cryptocurrency market remains in a bear trend, but a couple of the larger tokens are showing signs of a potential pull-back – will they play out?

S&P 500, Dow Jones and Nasdaq Eying Further Gains, Fed Provides Risk

Markets remain somewhat cautious ahead of the FOMC rate decision, in which the central bank is expected to raise interest rates.

Trading Outlook for EUR/USD, USD/JPY, Gold Price & More

The euro is trying to make good on a breakout from last week as the Fed arrives, traders can use the channel in USD/JPY as a guide, while avoiding gold until a break occurs.

GBPUSD Outlook Buffeted by FOMC Rate Outlook and Brexit News

Sterling’s relief rally off the recent 1.3055 level against the US dollar has stalled for now with prices trading in a tight range. Volatility is likely to return as the FOMC rate decision and the latest Brexit news hove into view.

Brent Crude Oil Price Ignores Trump, Reachest Highest Since 2014

The price of Brent crude oil continues to advance strongly despite US President Donald Trump’s calls for producers to increase output.

FTSE Chart Analysis – Rally Picks Up Pace, Has Prior Lows to Overcome

The FTSE has continued to rally with momentum since bottoming earlier this month; it has resistance at hand, but a break above could put the index in open space for further gains.

EURGBP Technical Outlook: DownTrend Remains in Place

EURGBP continues to nudge lower, after hitting a recent one-year high just under 0.9100, as the contentious Italian budget release nears.

USD Price at Risk as the FOMC Prepares to Raise US Interest Rates

The USD could fall back after the Federal Reserve increases US interest rates later today.

US Dollar May Celebrate Even a Status Quo Fed Policy Stance

The US Dollar may find scope for gains even if the Federal Reserve delivers a status quo announcement as policy divergence retakes the spotlight from sentiment trends.

USD Prices Eye Fed, Powell for Next Trend Move as Asia Stocks Up

The US Dollar, which has been in a near-term downtrend, eyes the Fed rate decision and Chair Jerome Powell for its next move. Asia Pacific benchmark stock indexes traded higher, NZD rose.


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Gold, Crude Oil Prices May Fall as US Dollar Gains After FOMC

Gold and crude oil prices may fall as the US Dollar gains following a much-anticipated monetary policy announcement from the Federal Reserve.


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Daily Pivot resistance Calls 26/09/2018

Daily Economic Calendar 26/09/2018

Daily Pivot Resistance point 26/09/2018

Daily Morning Calls 26/09/2018

This Fed Rate Decision Matters - Now What to Expect from the Dollar?

If you are trading the Dollar, US capital market benchmarks or just risk-sensitive assets in general; the upcoming FOMC rate decision is important. The group is set to hike rates yet again, but that isn’t even the start to this events importance.

Euro at Risk as Italy Prepares to Unveil Budget

The Euro is at risk as Italyprepares to unveil a budget that may – if the new nationalist/populist coalition has its way – turn out to be at odds with European Union rules.

AUD/USD Technical Analysis: Aussie Bounce Keeps Downtrend Intact

The Australian Dollar managed to recover some lost ground against its US counterpart but the dominant downtrend remains conspicuously intact.

New Zealand Dollar Gains On Less Dismal Business Confidence

The New Zealand Dollar spiked on news that domestic businesses are less gloomy than they were, although confidence remains a clear problem

Japanese Yen Technical Analysis: USD/JPY Needs Some Consolidation

The Japanese Yen is under fundamental pressure on all sides, translating into technical weakness. However, the process looks overdone and a pause is probably coming

Brexit Latest Boosts GBP/USD, Reversal Still a Threat. NZD Falls

Rising support for a vote on a final Brexit deal boosts GBP/USD but risk of reversing near-term gains still prominent. NZD/USD prices sink on record trade deficit ahead of RBNZ rate.

US Dollar Price Action Setups Ahead of the Fed

As we near the end of Q3 in a few days, a number of releases remain on the economic calendar. Tomorrow brings the Federal Reserve and a widely-expected rate hike.

Crude Oil Price Forecast: Option Traders Salivate Over $100/bbl Crude

After Trump's request to OPEC went unheeded in Algiers, the options market is betting on triple-digit crude. A bearish chart pattern stands in the way, but if it fails, the uptrend will likely continue unscathed.

USD/JPY Technical Analysis: Toward 2018 High with Intermarket Support

The Japanese Yen is within a whisper of 2018 lows (113.37 per USD,) and a supportive cast of higher sovereign yields and Japanese equities are firing on all cylinders after Abe is set to start another 3yrs as PM.

Weekly Technical Perspective on the Crude Oil Prices (WTI)

Crude Oil has rallied nearly 12% off the August lows with price now approaching structural resistance targets. Here are the key levels that matter on the WTI weekly chart.


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USDJPY Price Well Placed to Extend its Gains Near-Term

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USD Selling Persists Prompting Lift in GBP and EUR - US Market Open

The US Dollar is on the backfoot yet again despite to continued push higher in US yields, in which the 10yr is above the YTD closing high at 3.11%. Euro and GBP the largest beneficiaries of USD weakness.


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EUR/USD, GBP/USD Bounce from Chart Support Ahead of FOMC

The Federal Reserve announced their September interest rate decision tomorrow at 2PM, and all signs appear set for a 25 basis point hike. The big question is what happens after.


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US Dollar Remains Biased Lower Before Tomorrow’s FOMC Meeting

The greenback's technical structure continues to suggest further losses in the near-term.


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Trading Sentiment Positive Ahead of US Rate Increase | Webinar

Market confidence is high as traders prepare for an almost-certain hike in US interest rates Wednesday by the Federal Reserve.

GBPUSD Price Supported by MPC Rate Hike Musings, FOMC Ahead

Sterling pushed back above 1.3150 against the US dollar after external MPC member Gertjan Vlieghe said that 1-2 UK interest rate hikes per year is broadly right.

Technical Analysis for Gold & Oil Prices, S&P 500, DAX 30 & More

Today, we looked at the unusual range in gold, whether oil can carry higher, and how the S&P 500 and DAX are positioned as Q3 draws to an end.


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USD Advancing vs JPY, Falling vs EUR Ahead of US Interest Rate Rise

The Federal Reserve will increase US interest rates tomorrow but the decision seems fully priced in and USD, while up against JPY, is failing to make ground against EUR.


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Ripple (XRP) Price Remains Positive Despite Latest Slump

Ripple sits just above important support after rallying and falling sharply in the last few days and this support needs to hold if the market is to push ahead again.


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AUD Fails to Break Crucial Trendline, Eyes on Fed Risk

Heightened US-China trade tensions keep the Australian Dollar on the backfoot, with the currency shedding 0.7% over the past two sessions.


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Oil Price Soars to Multi-Year High - More to Come

Oil made a fresh multi-year high in early turnover, back above levels last seen in November 2014, and further gains are likely on supply fears.


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DAX 30 Technical Outlook – Upside Not Without its Obstacles

The German benchmark has put in a decent rally off the monthly low, but resistance and trend still prove problematic for further gains.


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Swiss Franc Drops as Government Readies EU Relationship Framework

Swiss Franc fell for a second day as the government prepared to announce its proposal for the framework shaping its relationship with the European Union.


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Japanese Yen Dithers As BoJ Kuroda Sticks To Script, Fed Eyed

The Japanese Yen Bank of Japan Governor Kuroda stuck once more to his monetary guns, with any tightening of monetary policy apparently a long way off still


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Asia Stocks Mixed, JPY 2015 Downtrend at Risk on US Japan Trade Talk

Asia stocks traded mixed after the S&P 500 fell on Wall Street. The dominant downtrend in USD/JPY prices since 2015 may be at risk as we head into trades talks between Trump and Abe.


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Daily Pivot resistance Calls 25/9/2018

Daily Economic Calendar 25/09/2018

Mcx Daily Resistance Pivot Point 25/09/2018

Daily Morning Call 28/09/2018

Extreme Speculative Positioning on Dollar, Gold and Oil

Speculative readings from several Dollar-based majors, gold, Treasuries, and oil offer different signals as to whether markets are at extremes.

Gold Prices Look to Fed Policy Meeting for Range Break Catalyst

Gold prices are looking ahead to the FOMC monetary policy announcement for a potent-enough catalyst to drive a break from choppy sideways trade.

ASX 200 Technical Analysis: Resistance Holds, More Falls Likely

The ASX 200 has staged an impressive little rally from its recent lows but that rally seems to be petering out. Bulls don’t have long to make their case, if they are going to

S&P 500 Mere Slip Contrasts Trade War Upgrade, Beware Dollar Calls

Despite escalations in the US-China trade war, softening risk swell maintains resistance for markets and US indices.

EUR/USD Technical Analysis: Euro Downtrend Ready to Resume?

The Euro is struggling for follow-through on a break of four-month trend resistance. Near-term positioning hinting that the dominant downtrend may soon resume.

GBP Price Strong on Brexit News Despite USD Rise. NZD Eyes Support

The British Pound stood ground despite US Dollar gains toward the end of the day, rallying on latest Brexit headlines with the FTSE 100. Ahead of RBNZ, NZD/USD falls towards key support.

FX Week Ahead: FOMC & RBNZ Rate Decisions, EZ CPI, Canadian GDP

The coming week will lean heavily on central banks directly (rate decisions) or indirectly (inflation and growth data) again.

US Dollar Presses Recent Low But Lacks the Punch

US Dollar tests recent lows just below 94, but cannot punch through with force. The Elliott Wave counts are mixed so be mindful of a rally.

Weekly Technical Perspective on the Japanese Yen (USD/JPY)

The Japanese Yen is trading just below yearly range resistance ahead of the FOMC this week. Here are the key price levels that matter on the USD/JPY weekly chart.

GBP/USD: Cable Bulls Grasp on to Fibonacci for Support

The British Pound is pulling back again, but the headline-driven sell-off from last week appears to have found support. The big question remains as to whether bulls can hold the line.

Strategy Webinar: Will US Dollar Weakness Hold into FOMC?

Webinar highlighting featured setups we’re tracking into this week’s FOMC rate decision. Here are the updated targets & invalidation levels that matter on the USD Majors.

FX Setups for the Week of September 24, 2018: Into Quarter-End

It's been a busy Q3 of volatility and the quarter is almost finished. Will USD bears be able to push into the Q4 open? We look at four FX Setups as we close out the third quarter.

EUR Rises on Hawkish Draghi, OPEC Rebuffs Trump’s Demands - US Market Open

Euro and Sterling among the best performers in the G10 space, while Brent crude futures hits fresh YTD high as OPEC rebuffs Trump’s Demands

US Dollar Drops from Resistance; Busy Calendar Remains into Q3 End

Bears continue to push the US Dollar as we near the end of Q3, and EUR/USD is continuing to hold on to last week's bullish breakout. A busy calendar is ahead as we near the Q4 open.

UK Week Ahead: Packed Full of Market Moving Data and Events | Webinar

As we roll into month- and quarter-end this week’s slate shows a wide range of market moving events and data which should keep traders on their toes.

CoT Weekly Update: GBP/USD, AUD/USD & Other Major Markets

The most recent report showed historically large changes in the British pound and Australian dollar, extending short positioning to even bigger long-term extremes.

EURUSD Price Analysis: Expect Market Volatility All Week

EURUSD will go into the end of the third-quarter buffeted by a wide range of important US data releases, the latest FOMC monetary policy decision, heightened US-China trade wars and a fractious Italian Budget.

FTSE 100 Weekly Look Ahead: Brexit to Dictate Near Term Price Action

Headline risk surrounding Brexit continues to remain elevated following last week’s rather unsuccessful Salzburg meeting between the EU and UK. Eyes will be on the latest development.

US Dollar May Extend Recovery as Trade War Sours Market Mood

The US Dollar rose on haven demand as China walked away from trade talks with the Trump administration. More of the same may be on tap ahead.

Trade Worries Hit Asian Markets But Widespread Holidays Thin Trade

Asian markets slipped as well they might on the kicking-in of yet-more US tariffs against China and Beijing’s retaliatory measures

Daily Economic Calendar 24/09/2018

Mcx Daily Pivot Resistance Calls 24/09/2018

Daily Pivot Resistance Call 24/09/2018

Daily Morning Call 24/09/2018

Philippine Peso Eyes BSP, Fed Hike. Stocks See US Japan Trade Talks

The Philippine Peso and Indonesian Rupiah face rate hikes from not just their central banks, but also from the Fed. Meanwhile emerging markets and stocks look to US Japan trade tal

Crude Oil Prices May Give Up OPEC-Linked Gains on Trade War Fears

Crude oil prices may be back on the defensive having rallied after a weekend OPEC meeting as trade war escalation sours market-wide risk appetite.

Australian Dollar Gains In Doubt As Channel Resistance Holds Again

AUD/USD bulls have fought back convincingly and in rare fashion this month, and not without good fundamental reason. However, they have not done enough

GBP/USD Uptrend Hanging By a Thread on Brexit Latest, USD Gains

In a sudden turn of events, UK Prime Minister sent Sterling tumbling as she called Brexit talks with the EU at an impasse. The GBP/USD uptrend hangs by a thread as the US Dollar recovers.

Crude Oil Gaps Higher After OPEC Cools Off Production Hikes

Crude oil prices rallied after OPEC announced that it would not increase output, extending recent upside momentum. Release of inventory data later this week may further help.

Weekly Fundamental Forecast: Trade War Fears Cool, Equities Rally, Brexit Talks Deteriorate for Next Week

The primary fundamental drivers of the past months have taken a notable change in course or have otherwise withdrawn their influence over the broader markets. Is this renewed risk appetite and discounted range of threats a dependable course for the financial system and speculators?


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Weekly Technical Forecast: The Dollar Tumbles and Global Equities Rally Tripping Key Technical Milestones

Volatility was added back to the market this past week, but it was in pursuit of reviving waylaid medium-term trends. US equity indices like the Dow returned to their broader bullish course while the Greenback triggered the break of a reversal pattern to put bears back in control.


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GBPUSD Weekly Technical Outlook: Bullish Trend Broken

The daily GBPUSD chart has given back this week’s gains and turned neutral to bearish after the recent uptrend was broken with ease, leaving Sterling looking for the next support level.

Euro Forecast: Concerns Linger Over Italian Budget, Rising Hard Brexit Odds

Signs that Italy will abide by the EU’s budgetary rules has eased some tensions around the Euro, but fears of a ‘hard Brexit’ have once again dampened enthusiasm.

Japanese Yen Weekly Technical Outlook: Recent Yen Selloff May Hit Pause

The Yen is still on weak footing, but pairs like EUR/JPY and GBP/JPY should trail the pack.

Australian Dollar Gains May Be Stymied By Fed Meet, Aftermath

The Australian Dollar has had a rare run of gains ,which have taken it up to three-week highs. However they may not continue in the coming week

Oil Firms Ahead of Algiers OPEC Meeting That May Set Stage for Q4

The world has changed since OPEC met last in June including an EM crisis, Trade war escalations, and further oil market tightening that could tilt the outcome of the plan to hike oil output.

EUR/USD Weekly Technical Outlook: Looking for Euro Breakout to Hold

On Thursday a surge of buying pushed EUR/USD beyond several points of resistance; looking for the breakout to hold support and further the euro along in the week ahead.

The Risk in Trading and Investing on Resolutions to Trade Wars, Brexit and NAFTA

The S&P 500 is just off of its record high despite trade wars, while the Pound and Canadian Dollar still don’t reasonably reflect the risk of broken trade relations. How should we adapt our trading to this imbalance?

CNH, HKD Prepared for FOMC with PBOC’s Bills, Pending on Escalated Trade War

China’s Central Banks launched a new measure to support the Yuan and the Hong Kong Dollar ahead of Fed’s meeting. At the same time, concerns on the US-China trade war continue to pile up.

ETF Flows Suggest Bulls see Room to run Despite Lofty Valuations

The week saw cash pour into exchange traded funds that mirror US indices, suggesting investors see more room for stocks to climb.

CNH, HKD Prepared for FOMC with PBOC’s Bills, Pending on Escalated Trade War

China’s Central Banks launched a new measure to support the Yuan and the Hong Kong Dollar ahead of Fed’s meeting. At the same time, concerns on the US-China trade war continue to pile up.

Dow Record with Trade Wars, Dollar Tumble Ahead of Fed, Pound Slide with Brexit

Whether we are looking to the Dow’s charge to record highs, the Dollar’s pattern breakdown or the Sterling plunge; it is clear that there is both volatility and speculative anticipation in abundance for the week ahead.

AUD/USD Eyes Key February Trend Line as EUR/AUD Prolongs Reversal

Multiple bullish signs hint AUD/USD prices will reach the defining February descending trend line which is a critical turning point. EUR/AUD prices risk prolonging their bearish reversal.

Bullish AUD/JPY on US Dollar Breakdown, Commodity & Chinese Support

The Australian Dollar touched a three-week high on improving global risk-sentiment as evidenced by a weakening US Dollar and higher commodities alongside resilience or lack of weakness in Chinese assets that could lift AUD/JPY.

Equity Forecast as Risk-On Takes Hold: S&P 500, Dow, DAX, FTSE and Nikkei

It was a big week for global stocks as risk-on came back in a big way. With the end of Q3 nearing, might bulls be able to stage a ramp of continuation?

US Dollar May Resume Rising Trend After FOMC Rate Decision

Recent US Dollar weakness looks like tactical position management, not a change of overall direction. The rising trend may resume after the FOMC rate decision.

Gold Price Headed for a Break, may Turn Lower on Sour Sentiment

Gold is headed for a break in the next week as it trades narrowly between two trend lines. The precious metal faces bearish sentiment with US equities at all-time highs.

FX Week Ahead: FOMC & RBNZ Rate Decisions, EZ CPI, Canadian GDP

The coming week will lean heavily on central banks directly (rate decisions) or indirectly (inflation and growth data) again.

Dollar Triggers a Technical Breakdown, Will Bears Show Up?

The technical break is in. If we were going by the textbook interpretation, EURUSD’s 1.1700 neckline break would trigger further reversal of 2018’s broader trend. Unfortunately, markets are not that tidy.

JPY Rate Forecast: JPY Bears Eye 113 Level

The Japanese Yen had another soft week, while the fundamental theme alongside the technical set up suggest that the recent weakness is set to continue.

S&P 500, DAX & FTSE Outlook: FOMC in the Spotlight Next Week

Global stock markets remain bid, especially the U.S., looking to close out month and quarter on a positive note; FOMC on tap for Wednesday.

Weekly Technical Perspective on the US Dollar (DXY) Ahead of FOMC

The US Dollar is testing initial support targets after reversing more than 3% off the yearly highs. Here are the key price levels that matter on the DXY weekly chart.

GBP: Bullish Sentiment Erased by Brexit Impasse

Sterling came down to earth with a bang as EU leaders roundly rejected UK PM Theresa May’s Chequers proposal, leaving future Brexit negotiations looking precarious.

GBP/USD: Cable Crushed as Brexit Talks Go Awry, FOMC on Deck

A big week across the FX space is looking to finish in a big way after an outsized reversal has shown in the British Pound. A busy economic calendar awaits for the final week of Q3.

GBPUSD Plummets as the UK-EU Reach an Impasse - US Market Open

The Pound is the underperformer following the UK’s unsuccessful meeting in with the EU at Salzburg, while PM May states that they are at an impasse.

Ripple (XRP) Price: Buyers Turning Chart Outlook Positive

A sharp U-turn in Ripple’s fortune with the crypto rallying over 80% this week on technology adoption news.

Quadruple Witching to Spur Volume Surge, Eyes on Fed Risk | Webinar

Global Indices Look Ahead: Quadruple witching to spark pick up in volume, while next week’s key risk event comes in the form of the Federal Reserve rate decision.

Charts for Next Week – EUR/USD, USD/CAD, AUD/NZD, Gold Price & More

In a look ahead to next week, we looked at the euro breaking out, USD/CAD trading into important support zone, AUD/NZD's bearish pattern, and whether gold can break out of its range.

S&P 500 and Dow Bullish Technical Outlook Forges On

U.S. stocks continue to act well as the end of the quarter nears, no reason at this time to think a bullish tone won't continue with perhaps a hiccup here and there.

GBP Price Action Soured by Negative Brexit Sentiment

Sterling’s recent rally came to a halt late Thursday when news out of the EU informal meeting poured cold water all over UK PM May’s Chequers proposal, leaving GBP now at the mercy of UK politicking.

EURUSD Breakout Opens up Path to 1.20, However, Euro-Area Growth Eases

Yesterday saw the Euro register its largest gain against the greenback since late June with gains exacerbated by a technical breakout above key resistance.

Gold Price Analysis: Bullish Momentum Continues to Build

Gold continues to push back towards noted resistance around $1,215/oz. helped by a weak US dollar complex. A break and close above this first resistance opens the way to larger gains.

Yen Drop May Continue, Euro Likely to Overlook PMI Data

The perennially anti-risk Japanese Yen fell as Asia Pacific stocks followed Wall Street higher. More of the same may be in store through the week-end.

Asian Stocks Rise Broadly After New Wall St Records, Fed In Focus

After more record highs on Wall Street, some green on Asian screens was never going to be a surprise. Markets rose, but trade tensions simmer on.

Fed, RBNZ Risk Derailing Remarkable New Zealand Dollar Recovery

The remarkable recovery in New Zealand Dollar could be at risk if the RBNZ still leaves the door open to rate cuts as Fed raises them and prepares the markets for the last one this year.

Daily Support Resistance Of Nse 21/09/2018

Daily Support Resistance 21/09/2018

Economic Calendar 21/09/2018

Daily Morning Calls 21/09/2018

Has the Dollar Done Enough to Enter a Full Bear Trend?

The ICE Dollar Index and EURUSD couldn’t have offered up a more loaded technical break against the Greenback. Yet, as ideal as the charts may look, we should do our due diligence in assessing trade expectations.

Dow Leads an Indisputable Risk Advance; Dollar, Pound and Kiwi Top FX Movers

With the Dow, EEM emerging market ETF and Yen crosses all rising in tandem; it was clear risk trends were rising this past session. Where is this motivation coming from, and will it last for the speculative opportunists?

Gold Prices Rise as US Dollar Sinks, Crude Oil Eyes OPEC Meeting

Gold prices rose as swelling risk appetite weighed on the US Dollar. Crude oil prices are looking to a weekend OPEC meeting for direction cues.

Japanese Yen Unfazed By CPI Uptick, Core Measures Remain Weak

Japanese consumer prices rose at their fastest clip for seven months in August, but any cheer this might have given the Bank of Japan was probably undermined by weakness in other gauges

US Dollar Downtrend Gains Speed for Fed, Yen Prices May Fall Next

In what may have been pre-positioning for the Fed, the markets sold the US Dollar as the Euro and British Pound gained. Ahead, Asia Pacific shares may rise and pressure the Japanese Yen lower.

US Dollar Price Action Setups After USD Breaks Down

As we stare down the end of Q3, both the US Dollar and EUR/USD have put in noticeable breakout moves. The big question, at this point, is the prospect of continuation.

S&P 500: Retail Traders Remain Short Despite Recent All Time Highs

Although traders are further net-long than last week, the combination of current sentiment and recent changes gives us a US 500-bullish contrarian trading bias.

US Household Net Worth Climbs $2.19 Trillion in Second Quarter

The net worth of US households climbed $2.19 trillion in the second quarter as US equities touch record highs even amid trade wars.


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EUR/USD Price Outlook: Euro Break Out Eyes July Highs

Euro broke through the weekly / monthly opening-ranges with the advance now eyeing multi-month highs. Here are the targets & invalidation levels that matter for EUR/USD.


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Bullish CADJPY - Solid Technical Support ** Update **

Solid technical and fundamental support for bullish CADJPY set-up

Central Bank Weekly: US Dollar has Next Week’s Fed Hike Priced In

The US Dollar's drop since August 15 has coincided with September hike odds firming up to 100%.

Dow Gaps Up to Fresh Highs, More Room to Run?

The Dow Jones Industrial Average has just gapped-up to another fresh high. Can bulls muster the strength to continue the move, or might a pullback first be in order?

USD Suffers as EUR and GBP Soars, Trump Slams OPEC - US Market Open

GBP up on strong retail sales and Brexit optimism, EUR follows. Trump slams OPEC yet again and Norges Bank delivers first hike in 7 years.

US Dollar Breaks Down, EUR/USD Break Out to Fresh Two-Month Highs

Big moves on the morning already as we move towards the end of Q3, as the US Dollar has broken down to a fresh two-month low while EUR/USD bulls up to fresh highs.

EUR/USD - Bullish on a Breakout

It's been a choppy range so far this month, leaving the market in limbo; but a breakout may be in store soon for the euro.

Bitcoin and Ethereum Price Analysis - Are Dips a Buying Opportunity?

Buying into a falling market is a dangerous and potentially costly exercise but charts can help to clear the mind and help traders make a more informed decision.

Gold & Silver Price Technical Analysis: Range-break in Sight?

Precious metals continue to range on the border of historical extremes, how much longer can this persist before we see a tradable move?

GBPUSD Price Rallies Despite Negative Brexit Overtones

Sterling continues to press ahead despite negative Brexit chatter coming out of Salzburg, as financial markets continue to believe that the EU and UK will eventually seal a deal.

Crude Oil Price Analysis: Resistance Breached, Bulls Take Charge

Oil bulls continue to take charge with Brent making another push towards $80/bbl, while WTI breaches key resistance setting up a run in on YTD highs.

Rand Report: What Will The South African Reserve Bank Do?

The rand�s sharp weakening over the last three months, largely in sympathy with emerging market currencies, has provided some inflationary concerns.

How Will Brazil’s Election Impact Financial Markets?

Uncertainty surrounding Brazil's upcoming elections may push emerging market assets down further as trade wars worsen and the US Dollar strengthens.

GBP/USD Uptrend Eyes EU Meet, AUD Likes China Import Tax Cut Plan

NZD/USD gained on a better-than-expected GDP report. AUD/USD edged higher on reports of Chinese import tax cuts to come. GBP/USD uptrend eyes Brexit talks at EU informal meeting.

Nikkei 225 Technical Analysis: Can Impressive Gains Stick?

The Nikkei 225 is eyeing the highs of this year, which were made in its opening months. However it might be wise to wait now before getting back in. Direction should become clearer soon

Could a Desperate SNB Trigger a EURCHF, Swiss Franc Reversal?

Though the Swiss Franc has been remarkably strong, a desperate Swiss National Bank could possibly trigger a reversal, especially in EURCHF.

What do Emerging Markets, Argentine Peso, Indian Rupee Face Next?

Amidst Fed rate hikes, trade war fears and emerging market contagion worries, we take a look what currencies from developing nations, such as the Argentine Peso and Indian Rupee, face.

Dow Charges Higher Oblivious of Trade Wars, Dollar Moves Towards Inevitable Break

As risk trends still advance and the US Dollar moves toward possibly breaking, Brexit talks, the SNB rate decision, and US-Canada negotiations are in focus next.

NZD/USD Surges After Upbeat 2Q GDP, Eyes RBNZ and Trade Wars

The New Zealand Dollar rallied against the greenback after strong 2Q GDP data, but remains locked in a downtrend. The RBNZ’s OCR decision and trade wars may resume losses.

Can NZ GDP Add Fuel to NZD/USD Price Dominant Downtrend Break?

The Australian and New Zealand Dollars traded higher as the US Dollar headed cautiously lower Wednesday. Can NZ GDP add fuel to NZD/USD price break above the descending resistance line?

GBP/USD: Cable Bulls Attempt to Hold Higher-Low Fibonacci Support

Brexit headlines have started to take on a more negative tone, helping to erase an earlier topside pop in the British Pound on the heels of August inflation numbers.

British Pound Dips after Negative Turn in Brexit Headlines

Comments from key players in the Brexit negotiations have erased all of the British Pound’s gains on the day.

Gold Price Outlook: Breakout Potential as XAU/USD Consolidates

Gold prices are in consolidation within the September opening-range. Here are the targets & invalidation levels that matter for XAU/USD into the close of the week.

GBP/USD Swings on CPI, Brexit as the US Dollar Digs into Support

While both EUR/USD and DXY hold around similar areas as yesterday, the British Pound has seen quite a bit of movement already. Is GBP/USD setting up higher-low support for bullish continuation?

GBP Pares Gains as PM May Rejects EU Barnier’s Offer - US Market Open

A rather choppy session for the Pound, which initially touched 2-month highs, however, retraced much of this after UK press reported that PM May was to reject EU Barnier’s improved offer.

DXY Index at Critical Juncture Following BOE, ECB Meetings

Several data and events this week have developed in a manner proving bearish for the US Dollar.

Bitcoin, Ethereum, Ripple Prices - Bears Remain in Control |

The cryptocurrency market remains negative despite mini-rallies appearing in selected cryptos. Technical charts continue to show a series of lower highs, a negative set-up.

Trading Outlook for DXY, EUR/USD, GBP/USD, Gold Price & More

It's been a very uneventful month so far in the dollar, but that should soon change with ranges set to expand at some point for both USD pairs and gold.

AUD Bulls Extend Recovery, However, Key Resistance Keeps Bearish Trend Intact

The Australian Dollar extended its recovery after Chinese Premier Li vowed not to competitively devalue the Yuan.

GBPUSD Soars as UK Inflation Jumps Higher, Brexit Talks Continue

The latest look at UK inflation showed consumer prices jumping sharply, leaving the central bank in a quandary, as Brexit uncertainties leave tighter monetary policy off the table for now.

FTSE Technical Outlook – Slowly Finding its Footing, Levels & Lines to Watch

The FTSE continues to gain traction as the recovery from last week tries to pick up momentum, but overall price action remains uninspiring.

British Pound to Look Past UK CPI, US Dollar May Rise

The British Pound may overlook incoming UK inflation data while the US Dollar gains amid pre-positioning for next week’s FOMC policy announcement.

Asian Stocks Up Despoite Ongong Trade Tensions, UK CPI Eyed

Asia Pacific equity investors managed to shake off the trade blues on Wednesday, a day which saw most regional bourses quite sharply higher

Economic Calendar 19/09/2018

Daily Resistance Pivot Point 19/09/2018

Daily Mcx Resistance Pivot 19/09/2018

Daily Morning Calls 19/09/2018

19/0

USD/PHP Price May Join USD/SGD Descent, USD/IDR Chart Eyes Breakout

Philippine Peso prices may appreciate against the US Dollar amidst bearish reversal warnings just like the Singapore Dollar did last. Meanwhile USD/IDR prices face chart breakout ahead.

Japanese Yen Technical Analysis: USD Uptrend Holds, Highs Elusive

The Japanese Yen remains in a bit of trouble against the US Dollar, but USD/JPY bulls have yet to claw back all their most recent losses

Crude Oil Prices Rise Even as Trade War Heats Up - Now What?

Crude oil prices rose even as the trade war between the US and China continued to heat up, with the two sides exchanging another round of tariffs. Where to from here?

Stocks Brush off Trade War. Brexit News Boosts GBP, Uptrend Grows

The S&P 500 brushed off escalating US China trade war as Donald Trump took a relatively softer stance. Meanwhile, dominant downtrend in GBP/USD has been reversed. Brexit latest boosts it.

US Dollar Remains at Support After July TIC Flows beat Expectations

The total net capital flows for the United States during July read in above expectations Tuesday, suggesting US debt is not being used as a tool in the trade war.

US Dollar Price Action Setups as USD Wobbles Near Support

USD is holding support near the August/September lows, but that hasn't stopped Yen-weakness from gaining in prominence. In this webinar, we look at setups across the US Dollar.

Dow Jones Holds Near Seven-Month Highs: Levels to Know

US equities are holding on to recent gains despite the negative headlines around tariffs. The Dow has shown little motivation above the 26k level so far: Might a deeper retracement be near?


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Crude Oil Rallies on Saudi Arabia $80 talk - US Market Open

Brent and WTI crude futures soars on Saudi report, USD selling continues with CAD and EUR benefitting.

EUR/USD Back to Key Resistance as the Nikkei Breaks Out Ahead of BoJ

EUR/USD is back to the key zone of resistance that's held the highs over the past couple of months, but it may not hold up for much longer as a descending triangle has formed in the US Dollar.


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DXY Index Tests Key Support for Fourth Consecutive Day

The US Dollar should see losses accelerate upon a DXY Index close below the August low at 94.43.


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Bitcoin Cash and Ethereum Price News: Further Falls Ahead

The cryptocurrency market fall from grace continues with many cryptos making fresh year-to-date lows. And prices look likely to fall further in the short-term.


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Trading Outlook for Gold Price, Crude Oil, DAX, S&P 500 & More

Today, we tried to make some sense of the ongoing range in gold price, important support in oil, and the positioning of the weaker DAX and stronger S&P 500.


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US Equity Analysis: Nasdaq Dip Buying Possible, DJIA Eyes Topside Target

Despite the Trump administrations announcement of $200bln worth of tariffs on China, risk assets are unfazed with US equities pointing to a higher open. US pre-market levels.


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US Dollar Price Remains Supported Heading into FOMC Meeting

The US dollar is back just above noted support and is likely to remain bid after US President Trump imposed 10% trade tariffs on $200 billion of Chinese imports.


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DAX Chart Outlook – Can Price Stay Above Resistance?

The German benchmark is currently trading above a familiar spot, how the market closes today could be important to the near-term outlook.


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Yen Down, Aussie Dollar Up on Diluted US Tariffs Against China

The anti-risk Yen fell while the Aussie Dollar rose with Chinese stocks a diluted set of new US tariffs hinted White House protectionism met effective pushback.

Crude Oil, Gold Prices Echo US Dollar Swings on Trump China Tariffs

Crude oil and gold prices echoed swings in the US Dollar as President Donald Trump triggered another round of tariffs targeting $200 billion in imports from China.

Nikkei 225 Sidesteps US Tariffs, February Highs Eyed as Yen Falls

Despite Donald Trump’s command to impose $200b in Chinese import tariffs, the Nikkei 225 soared with prices aiming for February highs. Meanwhile, the anti-risk Japanese Yen depreciated.

Economic Calaendar 18/09/2018

Daily Pivot Resistance Calls 18/09/2018

Daily Mcx Calls 18/09/2018

Activity Levels for Australian and New Zealand Dollars Hit Extremes

Although knocked off their carry trade perches, the Australian Dollar still has a catalyst in China-relations and the New Zealand Dollar looks to 2Q GDP.

ASX 200 Technical Analysis: Nascent Uptrend Looks Worth Playing

The ASX 200 has staged quite an impressive little bounceback from key support and, with momentum still building, looks likely to make more gains

Fresh US-China Trade Wars and Brexit Concerns Start Week, But Dollar and Pound Stoic

The top reserve status of the US Dollar is not permanent. Trade worries may pressure this, as the Trump administration announced new tariffs on $200b of Chinese goods.

AUD/USD Rallies After Release of House Prices Data, RBA Minutes

The Australian Dollar gained against the greenback after the release of housing inflation data and the RBA’s September minutes. Trade wars may bring a reversal next.

EUR/USD Technical Analysis: Euro Topping Near 1.17 Figure?

The Euro may finally be ready to resume the down trend against the US Dollar after nearly a month of indecision at resistance in play since mid-June.

US Pursues $200b Chinese Tariffs, AUD/USD Prices Eye September Low

AUD/USD prices eye the September low as the Nikkei 225 could decline next now that Donald Trump has slammed China with $200b in import tariffs starting September 24th with more to come.

US Dollar Stuck in Range and Looking for Cues

US Dollar continues its sideways range while the gold to silver ratio is at the highest level since the early 90's.

GBP/USD: Cable Tests Seven-Week Highs Ahead of UK CPI

The British Pound continues to claw back prior losses, and CPI is on deck for this Wednesday. But - if the US Dollar continues peeling-lower, we may have a case for long-term strength in GBP/USD.

FX Setups for the Week of September 17, 2018

A quieter economic calendar opens the door for recognition or reversal of recent price action themes, and in this piece we look at two price action setups around the Japanese Yen and two around USD.

EUR & GBP Outperform as Dollar Extends on Losses - US Market Open

USD extends on losses, while GBP rises to 6-week highs as Brexit sentiment remains optimistic.

USD Bears Hit Back: US Dollar Drops from Resistance at Prior Support

The US Dollar put in a respectable bounce from fresh lows on Friday. But that move is almost entirely erased at this point, and resistance came-in at a key area on the USD price chart.

UK Week Ahead: Sterling Firm Ahead of Brexit Talks | Webinar

The EU will hold an informal meeting in Austria on Wednesday with Brexit negotiations top of the list. Will a solution for the Irish border problem be found?

CoT Sentiment Update for USD, Euro, Pound, Yen, Gold & Others

The report released on Friday again highlights the generally bullish bias towards USD, with only minor changes from the week before.

US Dollar, Gold Price Remain Rangebound

The US dollar index (DXY) remains stuck in a tight range, despite potential US China trade war escalation, leaving gold rudderless for now.

Bullish CADJPY - Solid Technical Support

Solid technical and fundamental support for bullish CADJPY set-up.

FTSE 100 Weekly Look Ahead: US-China Trade Wars Renew FTSE Selling

The FTSE 100 to face renewed selling amid the escalation of the US-China trade war. UK data risks involve the latest CPI report scheduled for Wednesday.

China's Shanghai Composite

China's Shanghai Composite Index closes at lowest level since 2014.

It's 50% correction from 2015 peak

US Dollar, Yen May Rise as Trade War Worries Sour Market Mood

The US Dollar and the Japanese Yen may rise as worries about trade war escalation between the US and China sour the mood across global financial markets.

Daily Mcx Calls 17/09/2018

Daily Pivot Resistance Calls 17/09/2018

Economic Calendar 07/09/2018

Daily Morning Note 17/09/2018

Gold Prices May Find Near-Term Support But Lasting Gains Unlikely

Gold prices may find a bit of support as a sour market mood weighs on bond yields but lasting gains appear unlikely as Fed rate hike expectations continue to build.

Asian Stocks Mostly Lower, Trade Headlines Remain In Charge

Monday’s Asia Pacific session saw Japan out for a holiday but even without Tokyo’ s guidance trade worries contrived to take most bourses lower

Emerging Market Gains Dwarfed by Trump Tariff Push, USD/PHP at Risk

The recovery in emerging markets and most Southeast Asian currencies could be dwarfed as Trump pushed ahead with tariff threats. USD PHP could thus continue being pressured higher.

EUR/GBP Technical Analysis: Will The Euro Decline Continue?

Euro chart positioning hints the currency may be downward-bound against the British Pound but the confirmation needed to take a trade is still pending.

US Tariff, Trade War Fears Resume. USD/JPY Climbs, Eyes July Highs

The Us Dollar gained on Friday as US President Donald Trump rekindled trade war fears. Asia Pacific shares may trade lower as USD/JPY breaks out of consolidation, eyeing the July highs.

Weekly Fundamental Forecast: A Week Ending Trade War Salvo Leaves Distinct Unease for Next Week’s Trading

Sentiment was just starting to find its balance this past week when another US-China trade war headline involving the US President hit the wires. Will this theme return to prominence next week or will we fall back on scheduled event risk?


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Weekly Technical Forecast: Dollar and Equities Lose Traction Ahead, Leaving Next Week’s Break In Doubt

A steady slide in the Dollar and healthy advance is equities this past week was checked before we reached the opportunity for a break. What are the levels and markets we should watch most closely in the week ahead?

JPY Rate Forecast: Easing Trade Tension and Widening Spreads Weigh

The US-JP 2yr bond spread is now the widest since 2007 and with no signs that the BoJ are looking to exit their ultra-loose monetary policy, USDJPY may well push for higher levels.

GBPUSD Weekly Technical Outlook: Trend Support Needs Respecting

The daily GBPUSD chart shows further upside possible but the four-hour chart warns that the recent uptrend may be broken and drag and caution is needed.

Japanese Yen Weekly Technical Outlook: Charts Spell Trouble for Yen

The Japanese Yen is entering the new week on weak footing, especially as the Nikkei 225 attempts a breakout.

Euro Forecast: After ECB Holds, Italy to Come Back into Focus for Euro

The ECB is sticking to its preset policy course, but with Italy back in the news, any goodwill injected into the Euro from the recent policy decision will likely be neutralized.

Australian Dollar Remains Pressured But May Get Some More Respite

The Australian Dollar has swooned this year despite a strong domestic economic performance. Its fall may pause into this week but it’s probably not over

A Convergence of Technicals and Fundamentals May Stage Yen Trade Opportunities

When technicals and fundamentals align, strong trade opportunities can arise. With the Yen crosses nearing prominent resistance, a tide change in risk trends could stage some appealing opportunities.

Dollar Is Closing in On a Break that Either Extends Trend or Triggers Reversal

The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.

Dollar Is Closing in On a Break that Either Extends Trend or Triggers Reversal

The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.


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US Dollar Rally May Resume on Fed Rate Hike Bets, Risk Aversion

The US Dollar backtracked last week but a durable upshift in Fed interest rate hike expectations and the threat of renewed risk aversion may put it back on the offensive.

EUR/USD Weekly Technical Outlook: Euro Stalls at Wall of Resistance

The euro will start the week coming off resistance, keeping it amid the chop; tactical considerations outlined for both sides of the market.

A Pattern of Week-Ending Worry as Markets Look for a EURUSD and S&P 500 Break

Just before the weekend liquidity drain can solidify confidence in complacency, headlines seem to rock investors' tranquility. Is ths on purpose and what should we take away from these last minute surprises?

Yuan Looks to Resumed Trade Talks, Summer Davos Forum for Outlook

The USD/CNH approaches 6.9, a key threshold once again; whether it can hold or break may be determined by the progress of resumed trade talks as well as the outlook of China’s economy.

A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House

A Norwegian derivatives trader emptied a clearing house’s contingency fund after losing $133 million in a bad bet on energy prices in the region.

FX Week Ahead: Inflation Data Due from Eurozone, UK, Japan, and Canada

Central banks will remain in the spotlight, even if indirectly, as market participants await a deluge of August inflation data from around the world.

Dollar Best Hope to Stave Off Head-and-Shoulders Breakdown is a Euro Drop

The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.

Equities Forecast for Dow, S&P 500, DAX, FTSE and Nikkei

European equities finally found a bit of support as US equities pulled back to close the week. Global stocks appear to be lining up for an interesting Q4 around-the-world.

AUD/USD Breakout Struggles, EUR/AUD Risks Reversing to August Lows

The breakout lower in AUD/USD struggled, next week may determine if it will continue. Meanwhile a bearish reversal pattern with support break warns EUR/AUD may reverse to August lows.

Brent Up 10% Since August Low, Stubborn Supply Concerns Persist

Brent crude oil traded to the highest levels since May breaching $80/bbl, up nearly $10/bbl since the August low showing that price may move higher in line with longer-term fundamentals.

Gold Price Hinges on US-China Trade War Developments

Gold continues to act out of character, trading lower when risks arise and higher when markets climb. Retail positions are net-long, so gold may fall further.

S&P 500 Maintains Solid Trend, Can the DAX and FTSE Follow Higher?

U.S. stocks continue to look poised for higher prices, can the DAX and FTSE find their footing and feed of strength in the world’s largest stock market?

GBP: Sterling Continues to Benefit From a Lack of Bad News

Sterling is back above GBPUSD 1.3100, despite a strong dollar, as a lack of negative Brexit news leaves GBP bolstered and inching higher.

Dow Jones Pulls Back to Near-Term Support After Seven-Month Highs

The Dow is pulling back from fresh seven-month highs, and prices have begun a test of a short-term support zone as reports around Chinese tariffs have started to circulate.

Bitcoin and Ethereum Price Analysis - Flat Balls Won’t Bounce

The cryptocurrency market continues to see lower highs across the space in 2018 as sellers continue to control the marketplace. And with retail still heavily long, the upside looks limited.


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EUR/USD Begins Test of Key Resistance, USD Bounces from Monthly Lows

It's been a big week across FX, and next week's calendar slows a bit. The big question is whether USD bears and Euro bulls might be able to stage continuation.

USD Bid on Hawkish Evans, US 10yr Yield Returns to 3% - US Market Open

DXY reversed losses after a relatively hawkish speech by Fed’s Evans, who is typically a more dovish member.

Nikkei 225 Eyes Bullish Breakout, US Equities Point to Fresh Record | Webinar

USD-Focused Charts for Next Week – EUR/USD, USD/CAD, Gold Price & More

Today, we looked at growing likelihood that USD makes another meaningful leg lower as support comes under fire.

CAD Bulls Long for NAFTA Deal

The largest risk to the outlook for the Canadian Dollar is the outcome regarding NAFTA. If indeed the US and Canada reach an agreement, markets could reprice a steeper BoC rate path.

Gold Price Analysis: Resistance Remains Firmly in Place

Gold is benefitting from the recent downturn in the US dollar but continues to struggle to break noted resistance just a few dollars higher up.

US Dollar May Rise Anew as Fed Outlook Firms in Risk-On Trade

The US Dollar has suffered as improving market sentiment cut into its haven appeal. Firming Fed interest rate hike bets might alter this dynamic.

S&P 500 and Dow Technical Outlook Remains Bullish Until Proven Otherwise

U.S. stocks continue to hold their ground and better despite some reasons not to; S&P 500 & Dow trends remain bullish until proven otherwise.

US Dollar Nears a Six-Week Low; Will Data Push it Over the Edge?

The US dollar index (DXY) is sitting on technical support as we head into the weekend, with a raft of US economic releases out later in the session.

Asian Stocks Mostly Rise, Trade Worries Still Cap Enthusiasm

Asia Pacific equity markets were mostly in the green as another week bowed out. The session’s economic numbers were solid but trade tensions between China and the US endure

NZD Rise to Gain if GDP Sinks RBNZ Rate Cut Bets, Trade War a Risk

The recovery in New Zealand Dollar prices may continue if GDP data lowers RBNZ rate cut bets. US President Donald Trump rekindling trade war fears poses a risk for NZD/USD.

Crude Oil Prices Fell Despite IEA Iran, Venezuela Supply Warning

Crude oil prices fell even as the IEA warned that lost output from Iran and Venezuela may pressure them higher. Fears of demand destruction amid trade wars may be why.

Daily Mcx Pivot Point 14/09/2018

Daily Pivot Resistance Point 14/09/2018

Economic Calendar 14/09/2018

Daily Morning Call 14/09/2018

A Quick Fundamental Overview of the Dollar, Euro, Pound and Yen

There is only a relative strength and weakness in the FX market. However, the options for true liquidity are generally restricted to four key players. We take a big-picture look at the appeal of those currencies.

AUD Ticks Up On Solid China Data But Remains Clearly Pressured

The Australian Dollar got only a modest lift from some broadly as-expected Chinese retail sales, industrial production and investment data.

EUR/USD Technical Analysis: Downtrend Intact Amid Consolidation

The Euro is stuck in a choppy consolidation range capped near 1.17 against the US Dollar but the dominant downtrend still looks to be firmly intact.

S&P 500 Posts a Gap Not a Breakaway, Euro and Pound After Policy Holds

Gaps higher this past session for US indices and the EEM Emerging Market ETF offer little enthusiasm for genuine risk appetite. EURUSD and GBPUSD offer similar bearings but with different degrees of conviction.

EUR/USD On Edge of Reversing Dominant Downtrend, USD/JPY May Rise

The US CPI report and commentary from ECB’s Mario Draghi has left EUR/USD on the edge of reversing its dominant downtrend from April. Ahead, USD/JPY could rise with Asian stocks.

USD/JPY Sentiment Suggests A Bullish Trading Bias

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.

S&P 500 Trader Sentiment Yields A Conflicting Bias

The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.

US Dollar Price Action Setups as USD Grasps on to Support

It was a big morning across FX-land, but with some of the dust now settled, we take a look around the next corner to see which USD trends may drive into year-end.

Gold: A 27% Fall in Weekly Short Positions Prompts a Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.


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GBP/USD: Weekly Long Positions Decrease 20% Sparking Bullish Bias

Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long.


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DXY Index at Critical Juncture Following BOE, ECB Meetings

Several data and events have developed in a manner proving bearish for the US Dollar.


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AUD/USD Carves Higher Highs & Lows with US Retail Sales on Tap

AUD/USD risks a larger recovery going into the U.S. Retail Sales report as the exchange rate carves a fresh series of higher highs & lows.

US Dollar Drops to Monthly Lows After CPI Disappoints, ECB Begins Taper

It's been a big morning with numerous items on the economic docket; but it's the US inflation data that's appeared to really get market participants' attention. With USD moving to fresh monthly lows, might the US Dollar down-trend be coming back to FX markets?

Turkish Lira Delighted During Central Bank Bonanza - US Market Open

Turkish Lira boosted on delightful rate hike. USD softens as CPI dips, while Brexit progress keeps GBP firm.

EURUSD Nudges Lower After ECB Stands Pat: Press Conference Ahead

The ECB left all monetary policy settings unchanged, as expected, with investors now looking ahead to President Draghi’s scheduled press conference for future policy clues.

GBP Stable as Bank of England Leaves UK Interest Rates Unchanged

GBP was little changed after the Bank of England kept UK Bank Rate at 0.75%, as expected, and maintained its asset-purchase program. The vote was unanimous.

GBPUSD Price Analysis: Short-Term Uptrend Remains in Place

GBPUSD continues to respect the bull channel started early September and is likely to continue moving higher unless the Bank of England rocks the market

USD Showing Signs of Exhaustion, Upside Limited

Speculators have reduced $2.5bln USD long positions in recent weeks. Risks are to the downside for today’s CPI print following yesterday’s soft PPI report

USD/CNH Poised to Roll Over from Lower High

Yesterday, USD/CNH took a hit and with it may have posted a lower-high, priming it for more weakness from here.

USDTRY May Hit Record High on Turkish Central Bank Inaction

The Turkish Central Bank (CBRT) is expected to raise interest rates today in order to provide a boost to the Turkish Lira and cool inflation

Gold & Silver Price Technical Analysis: Higher Prices if Dollar Breaks Support

Precious metals are poised to continue trading higher, but will need help from the dollar and just may get it if the DXY can break a cluster of support.

Bitcoin and Ethereum Price Analysis: Buyers Beware

The cryptocurrency market is limbering up for another dead cat bounce as prices edge higher after the recent heavy sell-off. Sentiment remains negative.

Trade the News: GBP Price Depends on Brexit, Not UK Interest Rates

Traders in GBPUSD, Sterling crosses the FTSE 100 and UK Gilts need to watch Brexit developments rather than today’s decision on UK interest rates by the Bank of England.

Euro, British Pound May Diverge on ECB and BOE Policy Decisions

The Euro and the British Pound may carve out divergent paths following monetary policy announcements form the European Central Bank and the Bank of England.

AUD/USD Technical Analysis: Trend Bias Still Bearish After Rebound

The Australian Dollar has mounted a spirited recovery against its US counterpart but overall chart positioning continues to favor downtrend resumption.

EUR/USD Awaits ECB While GBP/USD Faces BoE after Asian Stocks Rise

Euro and British Pound prices look to the ECB and BoE rate decisions after Asia Pacific benchmark stocks mostly rose. The bearish reversal pattern in EUR/USD seems to have fallen apart.

What to Expect from the Euro and Pound Through ECB, BoE Decisions

While neither the ECB nor the BoE are likely to change their benchmark rate policies this week, their projections and the unique fixation on their respective fundamental backdrop can still render the events market movers.

Nikkei 225 Technical Analysis: Aug Peak In Focus If Support Holds

The Nikkei 225 may be more in thrall to global risk appetite right now than any technical impetus. However the daily-charts still look quite constructive.

Gold Prices May Turn Lower Anew After US CPI Data

Gold prices found strength in a US Dollar pullback but the overall bias remains convincingly bearish, with US CPI data a possible trigger for downtrend resumption.

Australian Dollar Jumps On Job Report Smash, Gains Likely Fragile

AUD/USD got a boost from news of more very strong job creation but, as with other strong recent numbers, that is unlikely to break its overall downtrend

Risk Warms on Mere Mention of US-China Talks, Avoid EURGBP Through ECB and BoE Decisions

The US and China are reportedly due to return to talks, but is that encouraging enough to return the S&P 500 and Dow to record highs? Meanwhile, monetary policy will return to the headlines with ECB and BoE decisions ahead.

Can Solid Jobs Report Add Momentum to AUD/USD Resistance Break?

The S&P 500 was hit with knee-jerk volatility as sentiment waxed and waned, the US Dollar depreciated. Can a solid Australian jobs report add fuel to AUD/USD’s descending resistance line break?

Upbeat Australia Employment to Fuel Larger AUD/USD Rate Recovery

Updates to Australia’s Employment report may fuel a larger recovery in AUD/USD as job growth is expected to rebound 18.0K in August.

EU Parliament Votes to Explore Sanctions on Hungary

The European Union voted to explore punitive measures against Hungary after the member state was found guilty of breaching the bloc’s core values.

CNH vs CNY: Differences Between the Two Yuan

What is CNH and CNY, and what differences should traders know about the two Yuan to make informed trading decisions?

GBP/USD Holds Above 1.3000 Ahead of BoE: Can Bulls Sustain the Move?

The British Pound has continued to shake as driven by Brexit-headlines; and the bullish bias that's shown over the past week has continued to hold higher-low support. Can a deeper breakdown in the US Dollar turn this flicker of strength in GBP/USD into something more?

EUR/USD Rate Outlook Hinges on ECB Forward Guidance

The European Central Bank (ECB) rate decision may sway the near-term outlook for EUR/USD as the quantitative easing (QE) program is set to expire in December.

EUR/JPY Prices Hold at Fibonacci Resistance Ahead of ECB

EUR/JPY has worked into a good deal of digestion of recent, and near-term direction appears to be lacking. Tomorrow's ECB rate decision could soon change that fact.

USDNOK & EURNOK charts bearish patterns; EURNZD Drives 3 Year Highs

The technical patterns on USDNOK and EURNOK depict some bearish patterns. The preferred bias is short USDNOK and EURNOK while remaining long EURNZD.

USD/JPY Eyes Monthly-Low as US Producer Price Index (PPI) Disappoints

USD/JPY stands at risk of making a run at the monthly-low ahead of the Federal Reserve interest rate decision amid the mixed data prints coming out of the U.S. economy.

USD Dips on Soft PPI Posing Downside Risks to Tomorrow’s CPI - US Market Open

The Dollar and US yields dipped slightly after producer prices saw an unexpected decline for the first time in 18 months. As such, this has placed downside risks to tomorrows inflation report.


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Euro, Pound Primed for a Big Thursday on the Economic Calendar

Tomorrow's economic calendar is loaded with three high-impact events set to be released ahead of the US equity open. Focus will be on the ECB as they're expected to begin tapering bond purchases, but what else might the bank say to drive price action in the single currency?

DXY Index Sideways Grind Continues ahead of BOE, ECB Tomorrow

Reports that the ECB will downgrade its economic forecasts tomorrow has dragged down EUR/USD today.

Trading Outlook for USD, EUR/USD, NZD Crosses, Gold Price & More

Today, we looked at developments in the DXY, euro, and other dollar pairs, a couple of NZD cross-rates, as well as gold price and what to make of its recent price action.