Monday, 17 December 2018

GBP/USD: Cable Pushes Above 1.2600 Ahead of UK Inflation, BoE

The British Pound is continuing to recover losses from last week's bearish breakout, and this sets the stage for UK inflation and the Bank of England.


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AUD/USD Price Outlook: Aussie Bounces from Big Support Ahead of Fed

Aussie is testing make-or-break support ahead of the FOMC interest rate decision. Here are the targets & invalidation levels that matter on the AUD/USD charts this week.


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Price Decreased Since Early December

The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.


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Bitcoin: Traders Continue to Increase Net-Long Positions

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.


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Weekly Trade Levels for DXY, EUR/USD, NZD/USD, Gold, Crude & More

Webinar highlighting setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter heading into the Fed this week.


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Oil Trade Below Russia’s Desire $55-65 Range Even as US Output Stalls

Crude oil may continue to consolidate even though Russia endorses a price range of $55-65 as it holds the monthly opening range.


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USD Weakens as Markets Await Central Bank Bonanza - US Market Open

The US Dollar on the backfoot to begin the week with US data moderating, while markets await the central bank bonanza.


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US Dollar Pulls Back from Yearly Highs Ahead of FOMC

The US Dollar is continuing to pull back after buyers shied away from last week's fresh yearly highs. This sets the table for the Wednesday FOMC rate decision.


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Sterling (GBP) Week Ahead: Brexit, BoE and FOMC on Tap | Webinar

Brexit will dominate proceedings this week with the FOMC rate decision and the latest Bank of England policy meeting following close behind.


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Weekly CoT Update for Crude Oil, Gold, and Other Major Contracts

Large speculators continue to sell crude oil at a persistent pace, while the same group of traders is warming up to gold.


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Gold Price Analysis: Fed Meeting Crucial for Breakout

The topside breakout in gold had been somewhat short-lived after failing to consolidate at its best levels since July. Focus this week will be on the Fed meeting.


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Gold Prices Probe Support as US Dollar Gathers Steam

Gold price are probing chart support the US Dollar gathers upside momentum, putting de-facto pressure on assets seen as alternatives to fiat.


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EURUSD Likely to Fade Lower on Weak Data, Strong US Dollar

EURUSD is set to break back 1.1300 against the US dollar with this week’s data releases expected neutral to weak, while the FOMC is expected to hike rates again on Wednesday.


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Yen May Fall Further in Cautiously Optimism Start to Trading Week

The anti-risk Japanese Yen may fall further having lost ground in Asia Pacific trade amid a cautiously optimistic start to the trading week.


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Sunday, 16 December 2018

Asian Stocks Hold Up As Markets Look To Fed, US Dollar Gains Too

Asian stock markets looked with hope towards a Federal Reserve monetary meeting which may result in a more dovish interest rate prospect for 2019


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Japanese Yen Weekly Technical Forecast: The Good, the Bad, and the Brexit

The one place where the Yen is on its best footing is in its least reliable setup.


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Euro Forecast: In Wake of ECB Downgrades, Attention Back to Politics

Amid an otherwise quieter economic calendar this week, the ECB’s commentary will resonate as political risks in the Eurozone continue to increase.


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What do ASEAN and Emerging Markets Face in Final Weeks of 2018?

Are ASEAN and emerging markets vulnerable in the last weeks of 2018? S&P 500 closed at its lowest since April. Philippine Peso is at risk, undermined by China data and a trade deficit.


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Australian Dollar Bulls Might Get A Little Help From The Fed

The Australian Dollar remains quite well supported against its US cousin, and may be more so this week if the Fed sounds more cautious about 2019.


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ASX 200 Technical Analysis: Important Prop Still Holding

The ASX 200 remains in thrall to a long-dominant downtrend but an important near term zone of support is still holding the bears in check. Can it hold on into the holidays?


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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...