The US crude oil price continues to defy gravity despite a report that Saudi Arabia and Russia agreed last month to raise their oil production.
Thursday, 4 October 2018
US Crude Oil Price Marches Higher Despite Report of Output Increase
Gold Price Continues to Struggle Against Resistance
The recent bounce in the price of gold from its one-week low looks to have played out with the fundamental background suggesting a lower price in the short-term.
EURUSD Sliding Towards Technical Support - Will it Hold?
EURUSD continues to battle weak EUR fundamentals and a resurgent US dollar. Help maybe in sight from a couple of technical support levels but the trend still points to lower prices.
USDJPY Price Accelerates Higher on Strong US Data, Hawkish Fed
The USDJPY price has broken to the upside as a combination of strong US data, hawkish comments from the Federal Reserve and firmer US Treasury yields combine to boost the Dollar.
Why Bitcoin Could Decline Another 85% and Still Be the Next Big Thing (or Not)
Bitcoin is following the same path as major bubbles in the past in its deflation process, suggesting that it has much further to fall before the cycle ends.
AUD/NZD Bearish Chart Pattern Developing Nicely
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Yen, Franc Rise as Hawkish Fed Outlook Shift Spooks the Markets
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Wednesday, 3 October 2018
Crude Oil Price Gains May Stall as Gold Drops on Fed Rate Hike Bets
Crude oil prices may stall after hitting a four-year high while gold retreats as swelling Fed rate hike bets sour risk appetite and drive yields higher alongside the US Dollar.
ASX 200 Stands Tall As Asia Stocks Tumble. USD/JPY Rise May Pickup
Asia Pacific shares mostly fell as the New Zealand Dollar tumbled as expected. The ASX 200 managed to stand tall but market mood may keep deteriorating, sending USD/JPY prices higher.
Reliable Market Calm or Conditions More Akin to February SPX and VIX Explosions?
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Japanese Yen Stymied as Bank of Japan Stimulus Ploughs On, and On
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PHP, SGD, IDR, MYR Tech Outlook. Trend Resumption vs Consolidation
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AUD Spikes On Trade Balance, Italy and EM May Cause Reversal
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Dollar Bolds Through Resistance on its 6-Day Charge, Pangs of Concern from US Equities
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Nikkei 225 Technical Analysis: Time To Pause, Build Solid Base
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Fed Rate Hike Bets Leave Nikkei 225 at Risk, AUD/USD Eyes New Low?
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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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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....



