S&P 500 and DJIA Maintains Bullish Trajectory, However, Italian Risk’s Loom

US equities remain tilted to the upside, while slight receding of Italian risks for now has improved risk sentiment.


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US Crude Oil Price Set to Stabilize at Higher Levels

The price of US crude oil looks to be stabilizing close to the $75/barrel mark after its strong run higher on the prospect of US sanctions on Iran.


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Gold and Silver Technical Outlook Remains Uncertain but Improving

Precious metals remain a difficult market, but with price on the move that could soon change; levels and lines to watch.


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GBP Price Could Correct Higher as UK Political Risk Recedes

After UK Prime Minister Theresa May’s closing speech at the annual conference of her ruling Conservative Party, a reduction in political risk could prompt a GBP rally.


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Aussie, NZ Dollars Dive as Easing Italy Fears Boost Fed Rates Outlook

The Australian and New Zealand Dollars fell despite a typically supportive risk-on mood as easing budget worries in Italy removed a would-be hurdle for Fed rate hikes.


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EURUSD Remains Technically Weak Despite Italian Budget Chatter

EURUSD rallies of Tuesday’s low on reports that Italy will reduce its budget deficit over the next three years. Italian bond yields however remain near their multi-year highs, casting doubt on the news.


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Gold Prices May Fall as Cooling Italy Fears Boost Yields, US Dollar

Gold prices may turn lower anew after yesterday’s impressive recovery as easing budget worries in Italy see bond yields and the US Dollar rise in risk-on trade.


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Stocks, FX Risk Averse Despite Italy News. NZD/USD Decline Done?

Despite uplifting Italian budget report news, FX and stocks remained risk averse as USD/HKD and USD/INR rose. New Zealand Dollar prices face their next obstacle for downtrend resumption.


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Daily Pivot Resistance Calls 03/10/2018

Daily Economic Calendar 03/10/2018

Daily Nse Pivot Resistance Calls 03/10/2018

Daily Morning Calls 03/09/2018

Japanese Yen Technical Analysis:USD/JPY Ascendent, Needs A Pause

The Japanese Yen is under significant technical and fundamental pressure against the US Dollar, with some temporary respite probably the best bulls can hope for

A Long Way Until a True Euro-Area Crisis or Even Deep Euro Fear

The Euro has dropped significantly over the past week as Italy escalates the pressure on Euro-area stability. As threatening as the headlines may read, be wary of what you expect form the currency and financial markets.

Euro Gains Sharply On Soothing Italian Budget Report, Reaction Eyed

The Euro has been hit in recent weeks by worries about a blowout budget from Italy’s newish government. However a new report suggest that deficit cutting remains Rome’s priority

How Will Brazilian Real, Markets React if Bolsonaro Wins?

Brazil’s polarized election is causing significant volatility in the national currency and equity markets. Markets cheer Bolsonaro, but his regime may pose a longer-term threat.

Italy, Emerging Markets and Fed Offer Support for an AUD/USD Short

Italian budget woes, emerging market developments and tighter monetary policy from the Fed support a fundamental argument to short the Australian Dollar against its US counterpart.

The NAFTA Tail Wind Dies Down, EURUSD Weighs its Tempo at 1.1500

The favorable winds from a NAFTA breakthrough pushing trade war sails seems to have already hit the irons. Meanwhile EURUSD is in a position to make an important technical call on conviction.

Euro, Pound Prices Weaken on Italy Woes. USD/JPY Uptrend at Risk?

Euro and British Pound prices weakened amidst Italy political woes, offering a lift to the US Dollar which still declined against the Japanese Yen. USD/JPY’s uptrend may be at risk.

Post-RBA AUD/USD Weakness to Persist as Bearish Trend Remains Intact

AUD/USD is under pressure following the RBA meeting, with the exchange rate at risk for further losses as it continues to track the bearish trend from earlier this year.