Tuesday, 18 December 2018

S&P 500 Threatening to Jump Into a Bear Trend on Any Fed Misstep

The stakes couldn’t be higher. The S&P 500 and Dow are standing on the cusp of a high profile reversal pattern, defying December’s liquidity conventions and now a key Fed decision approaches.


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Asia Stocks Await Fed as Oil Prices Overshadowed by Bullish Signal

Asia stocks may trade mixed, awaiting the Fed after the S&P 500 failed to hold on to gains. Crude oil prices extended declines but are overshadowed by a bullish technical signal.


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AUD/USD Rate Risks Range-Bound Conditions as Bearish Momentum Abates

AUD/USD may continue to consolidate ahead of the Federal Reserve interest rate decision as the bearish momentum appears to be abating.


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US Dollar Price Action Setups Ahead of FOMC: USDJPY, USDCAD, USDCHF

Tomorrow brings the final rate decision out of the FOMC for 2018, and the bank is widely-expected to hike rates for the fourth time this year. But - what will they say about 2019?


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EUR/USD Price Outlook: Euro Consolidation Looks to FOMC For Fuel

A breakout of the Euro consolidation range is imminent heading into the FOMC rate decision. Here are the targets & invalidation levels that matter on the EUR/USD charts.


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Major Commodities

This major commodities guide covers all traders should know about the most tradeable commodities, what moves their prices, and why.


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USD/JPY Retail Sentiment Shifts, RSI Snaps Bullish Trend Ahead of FOMC

Recent price action in USD/JPY appears to have spurred a shift in retail sentiment, with the Relative Strength Index (RSI) starting to flash a bearish signal.


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USD/JPY 2-Month Highest Net Long Position Indicates a Strong Bearish Bias

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


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USD/JPY, USD/CHF Bounce From Support Ahead of the Fed

Tomorrow brings the final FOMC rate decision for 2018, and the bank is widely-anticipated to hike rates for the fourth time this year. But - what do they have to say about 2019 and thereafter?


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DXY Index Remains in Consolidation in Lead Up to FOMC

A quiet economic calendar the rest of Tuesday means traders will be making last minute preparations for the December FOMC meeting.


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Market Sentiment Negative Pre-FOMC | Webinar

Traders are pessimistic as the year draws to a close but the Federal Reserve could boost confidence.


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Technical Outlook for the USD Index, GBP/USD, Dow Jones, Gold Price & More

The DXY is working towards an 'explosion point', GBP/USD trading below resistance, Dow Jones at big support, and gold is trying to take advantage of Dollar weakness in bullish channel.


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EURUSD Price Shrugs Off Weak German IFO Data, Risks Lie Ahead

EURUSD currently pushing back up to 1.1400 despite recent Ifo data pointing to continued weakness in the German economy.


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DAX 30 Technical Forecast – Downside Looks Limited, but So Does the Upside

As the year quickly comes to an end the DAX may hold a bid, but not looking for much of a sustainable lift...


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Crude Oil Price Breaks Support, Crumbles to a New 14-Month Low

The Brent crude oil price continues to crumble and has broken horizontal support to make a new 14-month low as record US shale production and fears of an economic slowdown weigh on the oil complex.


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Global Stock Prices May Rally Post Fed, Dovish Rate Hike Likely

Stock prices are continuing to fall around the world but a rally is possible if the Federal Reserve decides to accompany an increase in US interest rates Wednesday with a dovish commentary.


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Yen, US Dollar May Fall in Pre-Positioning for FOMC Rate Decision

The Japanese Yen and the US Dollar may decline in tandem amid pre-positioning for Wednesday’s FOMC rate decision. Follow-through seems unlikely however.


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Monday, 17 December 2018

AUD/USD Could Get Fed Boost, But It’s Not Likely To Last

A dovish Fed could see plenty of currencies make at least shor- term gains against the US Dollar. The Aussie will probably be included, but a rethink may come quite swiftly .


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Crude Oil Prices Risk Deeper Losses After Support Break

Crude oil prices plunged amid a market-wide slump in risk appetite, breaking below key support and opening the door for deeper losses to follow.


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China Tax Cut Bets Weakened With Asia Stocks. Nikkei 225 May Rise

Risk aversion lingered into Asia stocks, hopes of Chinese tax cuts diminished during speech from President Xi Jinping. Nikkei 225 overshadowed by positive RSI divergence as Yen gained.


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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...