Thursday, 13 December 2018

FX Price Action Setups in EUR/USD, GBP/USD, USD/CHF and NZD/USD

Compression and congestion setups reign supreme around the US Dollar at the moment, and next week's FOMC rate decision may provide the fuel for some breaks.


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EUR/USD Price Outlook: Euro Breakout Imminent- Battle Lines Drawn

The December range remain intact with a multi-month consolidation-break looming. These are the targets & invalidation levels that matter on the EUR/USD charts post-ECB.


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DJIA: Dow Jones Attempts to Re-Gain Footing Ahead of December FOMC

The fourth quarter of this year has brought a stark change-of-pace to US equity markets. Will the FOMC give stock bulls a reprieve at next week's rate decision when looking to 2019 and thereafter?


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EUR/USD Drops from Triangle Resistance as ECB Announces End to QE

After four years and €2.6 Trillion, the European Central Bank announced the end to their QE program today, and this comes amidst a backdrop of slowing growth and rising political strife in the bloc.


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ECB Leaves Monetary Policy Unchanged, Euro Waits For More Detail

EURUSD little changed after the ECB left all monetary policy settings unchanged, as expected, and reiterated that it would end the bond buying program at the end of this month. Press conference now key


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A Guide to Safe-Haven Currencies and How To Trade Them

Safe haven currencies are useful for traders to protect their portfolio against instability. Here’s a complete guide, covering what they are and the key safe havens to consider trading.


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A Guide to Safe-Haven Currencies and How To Trade Them

Safe haven currencies are useful for traders to protect their portfolio against instability. Here’s a complete guide, covering what they are and the key safe havens to consider trading.


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Euro Outlook: French Budget Plans Reinforce Negative Sentiment

Fears that France, as well as Italy, will break the EU budget rules will likely dent confidence in the Euro and potentially lead to further losses for EURUSD in the weeks ahead.


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Brexit Latest: Sterling (GBP) Remains Weak Despite PM Winning Confidence Vote

UK PM Theresa May remains in No.10 after winning Wednesday’s confidence vote but the financial markets just shrug as the underlying problems stay firmly in place.


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EUR/USD Triangle Very Near Breakout; ECB the Catalyst?

The Euro's narrowing range is moving closer and closer towards a resolution, perhaps the ECB will be the catalyst.


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Gold & Silver Price Analysis – Working Towards Resistance

Precious metals have been gradually on the move higher, but another little push will have resistance in focus for both gold and silver.


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NZDCAD: Pending Short on Supportive Technicals

NZDCAD chart supportive for further downside move as technical indicators collide.


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Euro at Risk on ECB Policy Announcement, EU Leaders’ Summit

The Euro looks vulnerable even as the ECB confirms the end of QE. Comments from the EU leaders’ summit might compound selling pressure.


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Wednesday, 12 December 2018

Risk Appetite Extends, Yen Down. ASX 200 Seeks Reversal. ECB Next

China agreed to purchase 1.5 to 2m tons of soybean from US, extending risk appetite as Asia stocks rose. ASX 200 still far from bullish reversal. All eyes on ECB, European Council.


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An ECB Rate Decision that Will Draw Fed-Level Attention

Forward guidance from the ECB will play a crucial role after the central bank said it would end its QE program this month.


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Gold Prices Struggle to Make Good on US Dollar Downturn

Gold prices are struggling to make good on a pullback in the US Dollar as Treasury bond yields rise, undermining the appeal of non-interest-bearing assets.


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Another S&P 500 Rally Falters, May Survives Confidence Vote, ECB On Tap

While Euro has the top fundamental risk due to the EU summit and ECB rate hike, New Zealand Dollar offers the clearest technical view.


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Euro Gains, Italian Bond Yields Fall on News of Budget Compromise

The Euro cautiously rose and Italian 10-year bond yields fell as news broke of Prime Minister Giuseppe Conte promising a reduced budget deficit. However, the fight may not be over yet…


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Nikkei 225 Technical Analysis: Key Support Holds Firm Again

The Nikkei 225 has staged a modest bounce-back this week, and in so doing highlighted the importance of a key medium-term prop


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GBP at Risk Despite Theresa May Confidence Vote Win, Yen May Fall

Even though UK Prime Minister Theresa May survived the no confidence vote, GBP prices declined. S&P 500 trimmed gains on US government shutdown concerns. Asia stocks may rise as Yen falls.


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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...