S&P 500 Gaps Higher after US-China Trade War Pause, But Is It a Trend

Risk-on assets rallied due to the temporary US-China trade truce, as AUD/USD broke a head-and-shoulders pattern and the S&P 500 gapped higher.


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ASX 200 Technical Analysis: Up-Channel Holds, Bulls Need To Push

The ASX 200 remains within the uptrend channel which has been in place since the index slid to its 2018 lows last month. However, the channel could do with an upside test


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G20 Lifts 2019 Fed Hike Bets, USD Fights Back. Asia Stocks at Risk

The G20 Summit offered increased risk appetite, but that died down as the US Dollar trimmed losses as 2019 Fed rate hike bets gained. Asia stocks may struggle rising, AUD eyes RBA.


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USD/CAD Rate Forecast: CAD Jumps Most in 2 Months on CA Oil Supply Cut

The Canadian Dollar strengthened on Monday thanks to Canadian and OPEC cuts exciting the market in the aftermath of a Trade Truce between Trump & Xi, but the technical patterns show it is likely too early to get excited.


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USDJPY Technical Analysis: Inability to Break Higher Keeps Eyes on Lower

The Elliott Wave chart pattern for USDJPY shows the potential for a bearish reversal near current levels in continuation of wave ((c)) of a bearish zigzag.


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GBP/USD: Cable Bounces After Challenge of Three-Month Lows

The House of Commons vote is now just a week away, and Brexit is taking on an increasingly negative tone as the vote nears. But a mass of support remains underneath current price action.


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S&P 500 Still Below Resistance; ETH and XRP Continue to Fall

SP 500 rallied but still holds below recent resistance. Cryptocurrencies fall as they search for a base of support. The Elliott wave analysis has us searching for reversals.


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Will Robust Manufacturing ISM Index Bolster US Risk Appetite?

US Markit ISM Manufacturing Index jumps to 59.3 in November citing strong new orders. Will the strong reading add to equity investor confidence headed into year-end?


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US Dollar Holds Trend-Line Support Ahead of Powell, US NFP’s

It was a big weekend for US stocks and prices have gapped-higher to start December trade. A busy week of headlines remains, and US markets will be closed on Wednesday.


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AUD Tests Resistance on Trade War Truce, CAD and Oil Surges - US Market Open

AUD outperforms as President Trump and Xi call a truce. Canadian oil production cuts boost CAD. GBP remains plagued by Brexit concerns.


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Sterling (GBP) Week Ahead: Brexit Weighs Heavily on GBP | Webinar

A range of Brexit concerns continue to drag Sterling lower and there is no respite expected ahead of next week's vote in Parliament.


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Weekly Fundamental Forecast: Markets Start a New Month with G20, Brexit, Euro-Area Stability and Fed Policy All Under Scrutiny

Though the capital and forex markets generally held back from systemic trends this past month, volatility was practically overflowing through the period. The typical ‘quiet December’ assumption will be put to the test against a laundry list of critical, unresolved fundamental threats. Traders should not be complacent.


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S&P 500 and Dow Jones Outlook: US-China Trade War Truce Sparks Rally

Risk sentiment has been buoyed amid the trade war truce between the US and China, following the G20 summit.


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US Crude Oil Price Breaks Higher, May Rally Further

The price of US crude oil has clambered out of a downward channel in place on the daily chart since early October; a positive signal after a series of constructive developments for the commodity.


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Weekly CoT Update for Gold, GBP/USD, and Other Major Markets

No real jump-off-the-page one-week changes, but it is worth noting that large speculators are covering GBP into weakness at an unusual rate, while gold traders remain relatively bearish by historical standards.


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Brexit Latest: Sterling Weakens as MPs Demand Full Legal Brexit Disclosure

MPs from both sides of the House are demanding that UK PM May release the full legal advice of her Brexit deal to allay fears that the UK may be trapped within the EU’s custom union.


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CAD Soars as Canada Announces Unprecendented Measures

The Canadian Dollar has surged as Canada announces unprecendented measures, while US-China trade truce also buoys risk appetitie.


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AUSUSD: Trade Tariff Rally Brings Resistance into View

AUSUSD jumps at the start of the European session after the US dials back tariff threats and announces a 90-day trade ceasefire.


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USD Price Dip on US-China Trade Ceasfire Could be Brief

The US Dollar is modestly weaker in Europe Monday on the truce in the US-China trade war but it could well rally in the days ahead as traders ponder whether hostilities have really ended.


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Asian Stocks Gain On US, China G20 Trade Breakthrough, Oil Soars

Asian equities loudly cheered the 90-day trade ceasefire announced by the US and China at their G20 meet in Argentina. The two countries must now deliver though, if these gains are to stick


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