Monday, 15 October 2018

USD Holds Support, GBP Choppy on Brexit Stand-Off - US Market Open

Brexit talks reached a stand-off over the weekend as issues over the Irish border persist. The Bavarian sister party to Chancellor Merkel and a key component of Merkel’s fragile coalition government lost its absolute majority


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GBPNZD: Pending Long on a Sell-Off

Traders who want Sterling exposure should consider a long GBPNZD position although we look for a lower entry level to mitigate for any possible Brexit-weakness.


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UK Week Ahead: Brexit Update and Heavyweight Data | Webinar

EU/UK negotiations are seemingly at an impasse with the Irish border situation still unresolved. Talks may even overshadow the latest set of UK jobs, wages and inflation releases.


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Weekly CoT Update: Speculative Selling in Gold Proving Untimely

Last week, large speculators increased their short gold position for a fourth week in a row, and so far that is looking like an untimely maneuver.


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Gold Price Analysis: Bulls in Control with Record Shorts at Risk

Last week’s equity market rout had finally reignited the safe haven demand into the precious metal, whereby gold prices saw its largest daily gain (October 11th) since the Brexit referendum.

GBP Analysis: Brexit Negotiations Gridlocked, Key Issues Remain

Sterling slips lower in early trade after weekend Brexit talks continue to highlight the differences between the two sides.

USDJPY Breaks Key Trendline as Risk Sentiment Remains Fragile

Following the largest weekly gain since February, the Japanese Yen looks ripe for further strength amid the fragile risk sentiment, while speculators are caught on the wrong side.

Brexit Analysis: How GBP & Stocks Might React to Alternative Outcomes

As Brexit negotiations between the EU and the UK continue, here's how Sterling, the FTSE 100 index of London stocks and other assets might respond to the various deal or no-deal scenarios.

Crude Oil Price Chart Hints at Topping, Risk-Off Flows May Help

Crude oil price charts hint a top may be taking shape. Another risk-off day on global financial markets may help realize the bearish setup.

Sunday, 14 October 2018

Franc and Yen Aim Higher as European Politics Sour Market Mood

The anti-risk Swiss Franc and Japanese Yen may continue to rise as worrying Brexit news and political deadlock in Sweden soured the markets’ mood.


Krona Likely to Suffer as Sweden Fails to Create New Government

The Krona is likely to suffer as political gridlock continues after Moderate Party leader Ulf Kristersson failed in the first post-election attempt to form a government.



Daily Economic Calendar 15/10/2018


Daily Buy Sell Mcx Pivot Resistance Calls 15/10/2018


Daily Buy Sell Pivot Resistance Calls 15/10/2018


Daily Morning Call 15/10/2018



Can Weak China GDP Reignite Emerging Market Selloff as PHP Falls?

Will weakness in Chinese economic growth reignite the selloff in emerging markets as the US Dollar gains, hurting ASEAN FX such as the Philippine Peso and Singapore Dollar?

EUR/USD Technical Analysis: Bias Bearish Amid Conflicting Cues

Euro technical positioning is offering mixed signals but the overall bias seems to favor further weakness against the US Dollar.

GBP/USD Gaps Lower on Brexit Stall, Eyes CPI and Carney Speech

The British Pound’s bullish reversal was stymied by Brexit talks’ stumble this weekend. Inflation data and BOE forward guidance may offer help later this week.

Brexit, Italy Bets Sink GBP/USD, Reversal Due? Asia Stocks to Rise

The US Dollar started benefiting as a reserve currency as Brexit and Italy bets undermined the Euro and British Pound. GBP/USD may reverse lower as Asia stocks could rally.

Saturday, 13 October 2018

Japanese Yen Weekly Technical Outlook: On the Cusp of Gains

The smack down of global risk appetite has reinvigorated the Japanese Yen, which is now on the cusp of making significant technical strides versus several currencies.



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...