Monday, 24 September 2018

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.

Sunday, 23 September 2018

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

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...