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The primary fundamental drivers of the past months have taken a notable change in course or have otherwise withdrawn their influence over the broader markets.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.