Monday, 17 September 2018

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

Sunday, 16 September 2018

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.

Saturday, 15 September 2018

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.

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...