Tuesday, 6 November 2018

DAX 30 Technical Outlook – Caught Between the Lines

The DAX found some life off a key long-term trend-line recently, but is now struggling around the neckline of a big picture topping pattern.


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Gold Price Stuck Between a Strong USD and Heightened Trade War Risk

Gold remains calm ahead of the US Midterm Elections and is currently garnering strength from a weak US dollar as voters go to the ballot box. But the latest round of US trade sanctions on Iran will give gold bulls a boost.


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Monday, 5 November 2018

US Dollar May Rise as the Yen Falls on Midterm Elections Outcome

The US Dollar may rise while the Yen declines as the outcome of closely-watched midterm elections stokes Fed rate hike speculation and buoys risk appetite.


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ASX 200 Seeks Bullish Confirmation Ahead of US Midterm Elections

Asia Pacific stocks traded mixed ahead of the 2018 US midterm elections. USD/PHP price accelerated downtrend after Philippine CPI data. ASX 200 is attempting to confirm a bullish push.


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Gold Prices May Fall as US Midterm Elections Boost US Dollar

Gold prices may fall as the outcome of US midterm elections boosts the US Dollar, tarnishing the appeal of anti-fiat alternatives.


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The Lowest Fear of Extreme Market Moves in Over Two Years Despite Elections

Despite the CBOE’s SKEW index hitting its lowest level since April 2016, there are an abundance of scheduled risks and unresolved themes that create an uncertain trading environment.


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AUD/USD Prices Shrug Off RBA, US Elections May Cause Reversal

AUD/USD gained slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by rate differentials and US elections.


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S&P 500, Dollar and Risk Trends Riding into the Eye of an Election Hurricane

Although risk trends pulled out of their October plunge, they face US midterm elections, central banks’ rate decisions, the Brexit cabinet meeting, and more.


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AUD/USD Rate Rebound Vulnerable to Wait-and-See RBA Policy

The Reserve Bank of Australia (RBA) rate decision may rattle the rebound in AUD/USD as the central bank is expected to keep the official cash rate (OCR) at the record-low.


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Euro at Risk as Italy Teeters on Weak Growth, Budget Clash with EU

The Euro is likely headed toward more volatility as the deadline approaches for Italy to resubmit its controversial budget as the EU Commission sharpens its teeth.


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Yuan Weakness Seems Justified, Currency War Looks Unlikely

Financial markets have been more sanguine about the Yuan’s 2018 hammering than they’ve been when it has fallen in the past. There is good reason for this.


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GBP Rallies on Brexit Headlines, AUD/USD Price May Look Past RBA

The British Pound resumed its advance on latest Brexit headlines as the US Dollar pulled back ahead of the 2018 US midterms. The Australian Dollar may look past the RBA, await US vote.


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GBP/USD Extends Bullish Sequence, RSI Threatens Trendline Resistance

GBP/USD may stage a large rebound ahead of the Federal Reserve meeting as the exchange rate extends the series of higher highs & lows from the previous week.


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Elliott Wave Patterns Point to Softening US Dollar and SP 500

The pivot towards US Dollar weakness late last week suggests that trend may continue in the near term pushing EURUSD higher. SP 500 bounce keeps bullish trends alive, for now.


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Lull in FX Market Abates Ahead of 2019

Key themes surrounding the global economy may fuel greater interest across the major currencies as central banks continue to adjust monetary policy.


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EUR/USD Price Outlook: Euro Battle Lines Drawn ahead of FOMC

Euro defended the yearly lows last week with price turning from key support. Here are the targets & invalidation levels that matter on the EUR/USD charts this week.


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Weekly Trade Levels for EUR/USD, AUD/USD, Gold, & More

Webinar highlighting setups we’re tracking into the start of the month with major event risk on tap. Here are the updated targets & invalidation levels that matter.


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Oil Prices Risk Larger Rebound as RSI Recovers from Oversold Territory

Crude oil price may stage a larger rebound over the days ahead as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.


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UK Week Ahead: Brexit, US Mid-Terms and UK Q3 GDP | Webinar

UK asset markets open the week on a positive note as Brexit sentiment, and the chances of a deal, improve. As always with these talks, confirmation is required before making a trading decision.


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CoT Update for EUR/USD, AUD/USD, Gold Price & More

Last week, large speculators did a little shuffling; EUR, AUD, and gold positioning hanging around extremes.


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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...