Thursday, 27 December 2018

Topside Targets Remain on Radar for Gold as Bullish Momentum Picks Up

The current environment may fuel the recent strength in gold prices as the bullish momentum appears to be gathering pace.


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US Dollar Grasps on to Fibonacci Support as Yen Strength Remains

The US Dollar is holding on to a key area of Fibonacci support as year-end nears, and Yen bulls have kept the Japanese currency moving as themes of risk aversion remain.


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S&P 500 Technical Outlook – Trade-able Low Looks to Be Nearing

Yesterday's rally may be the first sign we are nearing a trade-able low; one more push lower into long-term trend-line would make for ideal set-up.


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Key Global Elections to Watch Out For in 2019

As pollical uncertainty remains rife in financial markets. Investors will be placing a keen eye on several key elections that will take place in 2019.


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A Brief History of Major Financial Bubbles, Crises, and Flash-crashes

There's a rich history of financial bubbles and manias, varying in scale and economic impact. Read about major market bubbles and flash crashes all traders should know.


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Wednesday, 26 December 2018

Yen, US Dollar Aim Higher as Political Swings Rattle Markets in 2019

The Japanese Yen and the US Dollar may rise alongside Treasury bonds as political turmoil continues to rattle global financial markets in 2019.


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China Data Undermined Market Optimism, US Consumer Confidence Next

Weak China industrial profits undermined Asia stocks after best day on Wall Street since 2009. Nikkei 225 has more room to go until resistance breached. US consumer confidence next.


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ASX 200 Technical Analysis: Year-End Volatility Won’t Let Go

The ASX 200 is volatile into year end, having printed new 2018 lows and snapped a long-dominant downtrend all in the space of a few sessions. Caution should be the trading watchword.


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Crude Oil Prices May Turn Lower as Market Mood Sours Anew

Crude oil prices rebounded amid a broad-based recovery in risk appetite but the respite might be fleeting, with selling pressure returning as the markets’ mood sours anew.


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Australian Dollar Slips As China Industrial Profits Log Shock Fall

The Australian Dollar wilted on Thursday as Chinese industrial profits slipped into negative territory for the first time since late 2015


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Wall Street Holiday Comeback May Echo in Asia as Yen Prices Fall

The S&P 500 had its best day since 2009 after an extended selloff, traders may have taken profits. Asia stocks may follow suit as the Japanese Yen falls, Australian Dollar gains.


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Oil Prices Risk Larger Rebound as RSI Recovers From Oversold Territory

The failed attempt to test the June 2017-low ($42.05) may generate a larger rebound in crude oil prices as the RSI bounces back from oversold territory.


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8 Scenarios After an Elliott Wave Impulse Pattern Completes

The Elliott wave impulse pattern is one of the foundational patterns of Elliott Wave Theory. Here are eight guidelines to determine how deep of a correction to anticipate once an impulse pattern completes.


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Bitcoin: 51% Net Short Increase Indicates a Bullish Bias

Recent changes in sentiment warn that the current Bitcoin Cash price trend may soon reverse higher despite the fact traders remain net-long.


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S&P 500 Opens Higher After Holiday, Outlook Bearish

The combination of current sentiment and recent changes gives us a stronger US 500-bearish contrarian trading bias.


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Forex Correlation: Using Currency Correlation in Forex Trading

Currency correlations are important for traders to consider as no pair trades independently on others. Here’s a guide on what they are and how to manage them.


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USD/JPY Weakness to Persist as RSI Pushes Into Oversold Territory

Recent developments in the RSI raises the risk for a further depreciation in USD/JPY as the oscillator sits in oversold territory for the first time since February.


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Tuesday, 25 December 2018

Gaining a Trading Edge by Fading the Crowd | Podcast

IG Client Sentiment data can assist traders to make informed decisions. Find out how to use this contrarian indicator.


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Top Trade Idea 2019: Short NZD/CAD as Interest Rate Differentials Start to Kick In

Interest rate differentials favor weaker prices, particularly in light of the outlooks for the Bank of Canada and the Reserve Bank of New Zealand.


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Top Trade Idea 2019: Short Global Equities as Volatility Rises

A sharp break in equity prices is much higher than it was prior to 2018, with a decline seen as likely deepening well into bear market territory (-20% or greater).


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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...