Thursday, 20 December 2018

DXY Index Threatens Major Breakdown as USD/JPY Falls Post-FOMC

After consolidating for the better part of six-weeks, the US Dollar may finally be ready to choose a near-term direction.


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What is forex? - Forex Trading Explained – DailyFX

What is forex? The foreign exchange market is the largest financial market in the world. Get up to speed with forex terms and top tips.


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USD Slammed, Dovish Central Banks Out in Force - US Market Open

The US Dollar decline has shown little signs of abating with the move exacerbated by yesterday’s Fed decision. Riksbank provides surprise rate hike.


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Gold Sentiment Suggests 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 Spot Gold-bearish contrarian trading bias.


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EUR/USD Rallies into Key Price Zone as USD Drops to Fresh Monthly Lows

Yesterday brought the fourth FOMC rate hike of 2018, and after an initial move of strength in the US Dollar, bears have come back to push USD down to fresh monthly lows.


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Major Cryptocurrencies: A Trader’s Guide

Find out more about the major cryptocurrencies, including Bitcoin, Ether and Ripple, and learn the strategies for trading them.


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GBP Price Falls as Bank of England Leaves UK Interest Rates Unchanged

The GBP price dropped after the Bank of England’s monetary policy committee left UK interest rates and its bond-buying programs at their current levels but warned of Brexit uncertainties.


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Crude Oil Analysis: Oil Plunge Persists, Oversupply to Spark OPEC Panic

Roughly 2 weeks since OPEC and Non-OPEC members agreed to cut oil production by 1.2mbpd, oil prices have continued its plunge, falling an additional 10%.


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Major Cryptocurrencies: A Trader’s Guide

Find out more about the major cryptocurrencies, including Bitcoin, Ether and Ripple, and learn the strategies for trading them.


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GBP Price to Shrug Off UK Rate Decision, Brexit Still the Main Driver

The GBP price is continuing its near-term advance ahead of a likely Bank of England decision to keep UK interest rates unchanged – with Brexit still key to its future performance.


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Bitcoin, Ethereum, Ripple Prices Surge After Hitting Massively Oversold Conditions

The cryptocurrency market has turned sharply from negative to positive across a whole range of coins with some showing huge double-digits gains. The start of a new rally of just oversold retracement?


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Crude Oil Prices May Fall with Stocks as Risk Appetite Fizzles

Crude oil prices managed to sidestep yesterday’s Fed-linked bloodletting, but continued risk aversion might see them re-coupling with sinking stocks.


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Gold & Silver Price Analysis – FOMC-Spurred Key-reversals Weaken Backdrop

Yesterday, precious metals reversed on the Fed meeting, still have some positives short-term, but that could change if reversals start leading to follow-through.


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Wednesday, 19 December 2018

Yen Aims Higher as Fed Roils Markets, Pound May Overlook BOE

The anti-risk Japanese Yen is aiming higher as the Fed signals determination to press on with rate hikes. A BOE policy decision may be a non-event for the British Pound.


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Fed-Induced Risk Aversion Lingers into Asia Markets, Europe Next?

Fed-induced risk aversion led the Nikkei 225 over 3 percent lower as the ASX 200 touched a 2-year low. European stocks and Emerging Markets look vulnerable, Japanese Yen may extend gains.


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Nikkei 225 Technical Analysis: ’18 Lows Eyed As Index Slips Back

The Nikkei 225 has fallen into a support zone whose lower limit is this year’s low. For the moment that looks safe, but bulls have work to do


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Japanese Yen Steady As BoJ Stands Pat, Fed Policy Looms Larger

The Japanese Yen is in thrall to a central bank right now, but it’s the Federal Reserve and not the Bank of Japan. The BoJ left the monetary taps wide open yet again


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Short NZD/USD Again as 2018 Downtrend May Resume after Fed Hike

The upside correction in the New Zealand Dollar might turn given a Fed that is considerably more hawkish than the RBNZ and the risks of stock declines. NZD/USD short back in play.


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Fed Pulls the Trigger on Rates and Seemingly the S&P

As the Federal Reserve hiked rates and forecasted two more increases in 2019 leading to losses in the S&P 500, liquidity drain and other improved themes will work against risk trends.


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AUD/USD Looks Past Jobs Data, Risk Trends Point to Losses Ahead

AUD/USD rose slightly on mixed employment data, but upside momentum may not continue. Risk aversion and a hawkish Fed may extend the Aussie’s decline.


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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...