Sunday, 16 December 2018

Asia Markets Brace After S&P 500 April Low, Yen Prices May Gain

Asia Pacific markets are bracing this week after the S&P 500 closed at its lowest since April. The Australian Dollar looks vulnerable while the anti-risk Japanese Yen could gain.


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Weekly Fundamental Forecast: Fed, BoE and BoE Rate Decisions in the Last Full Week of the Year

There are a host of unresolved fundamental themes that will continue to harass the financial markets – trade wars, Brexit, EU budgets, political stability – but there is perhaps just enough breathing room to beat back the charge until 2019. That is perhaps with one exception…monetary policy.


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Weekly Technical Forecast: Dollar Tests 18 Month Highs While US Indices Break Support for an Interest Week Ahead

Liquidity is leaking from the markets fast as the year’s end approaches. That means the ability to leverage technical breaks or reversals into more meaningful runs is growing more and more fraught. And, that is what makes the Dollar’s and Dow’s moves to end this past week so provocative.


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Dow Awaits Fed, FTSE Looks to EU No-Deal Data. CAC to Protests

The Federal Reserve’s decision on Wednesday will likely dominate US equities this week while Europe has a plethora of events on the docket. As always, trade wars loom.


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Saturday, 15 December 2018

EUR/USD Weekly Technical Forecast: Euro Shorts in Charge on Tri-break

The Euro finally broke the triangle it’s been forming over the past month; lower prices ahead as it makes maybe its final meaningful move of the year.


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Is Gold Posed to Lose its Luster?

Gold is on a bullish breakout since its 6-month decline that began in April, but upcoming event risk may dampen XAUUSD performance over the short term.


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Gold Weekly Technical Outlook: Price Rally Pulls Back ahead of FOMC

Gold prices snapped a three-week winning streak as demand eases ahead of the Fed interest rate decision. Here are the levels that matter on the XAU/USD weekly chart.


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US Dollar May Rise as the Fed Checks Slide in 2019 Rate Hike Bets

The US Dollar may trade broadly higher against its major currency counterparts as the Fed policy announcement checks the slide in 2019 rate hike bets.


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Crude Oil May See Light in Tunnel As Oncoming Train

Despite seemingly good news to support the broad demand picture, crude has only moved sideways after falling 33% from the early October high leading traders to wonder if more pain is on the way.


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GBP Forecast: A Complete Lack of a Cohesive Government Blights Sterling

The UK government has yet again failed to convince anyone that its current Brexit stance is workable and that continues to paint a gloomy picture for Sterling


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How to Know if Trading is Right for You | Podcast

Find out if trading is right for you by asking yourself these fundamental questions


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Crude Oil Prices Swamped by OPEC Cuts, Global Growth Fears, Fed

Crude oil prices struggled rising since bottoming in November, highlighting risks as OPEC prepares production cuts. Fed, slowing global growth, stocks falling offer uncertainties.


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Dollar Hits an 18-Month High as Anti-Currency Demand Fights Liquidity

The DXY Dollar Index managed to charge to its highest level since June 2017 this past Friday. The insinuation of a breakout fueled by a ‘demand for alternatives’ against a known liquidity drain raises serious trading considerations.


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Friday, 14 December 2018

S&P 500 Ends Week with a Disputed Technical Breakdown, Key Fed Decision Ahead

Once again, the markets have left traders in an uncomfortable position with key equity indices putting in for a tentative bearish breakdown through Friday’s close. Is there enough liquidity and fundamental fuel to convert this reversal?


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A Critical Fed Decision is Only the Surface of Monetary Policy Upheaval

Stimulus and zero-level interest rates have spurred the markets to an unprecedented period of speculative abundance. They have also severely distorted the markets’ ability to signal value. Now, the problems are starting to show.


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GBPUSD Weekly Technical Outlook: Seven Weekly Bear Candles Dominate

Both daily and weekly GBPUSD charts remain weak and any rally will be met by strong resistance.


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USD/JPY Rate Fails to Test Monthly-High Ahead of Fed Rate Decision

USD/JPY may face range-bound conditions ahead of the Federal Reserve interest rate decision as it struggles to test the monthly-high (113.82).


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AUD Prices May Fall Into 2019, AUD/CAD at Risk to Reversal Pattern

The Australian Dollar may be setting itself up for declines in the final weeks of 2018. AUD/USD and AUD/NZD look vulnerable while AUD/CAD is overshadowed by a bearish reversal pattern.


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Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei

The Q4 slump has continued in global equities, and next week brings the final full trading week of 2018. WIll the Fed bring bulls a lifeline of support?


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FX Week Ahead: UK & Canadian CPI; FOMC, BOJ, & BOE Meetings

In what will be the last full week of 2018, central bank meetings be the main draw, as will the prospect of a US federal government shutdown on Friday.


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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...