Thursday, 27 December 2018

EUR/SEK Technical Analysis: Bearish Outlook for Q1 2019

EUR/SEK has been trading above the former August-resistance but may see a downturn heading into Q1 as markets focus on the Riksdag and Riksbank.


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EUR/GBP Technical Analysis: Descent Through Trend Support Fails

EUR/GBP prices are on the verge of the best weekly winning streak in 2018 and since May 2017, the pair appears to be entering consolidation after a descent through a trend line failed.


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Nikkei 225 Technical Analysis: Slip Threatens Long-Term Uptrend

The Nikkei 225 has recovered quite well from the new 2018 lows printed this week, but it remains pressured and the usual year-end market caveats certainly apply


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Year-End Offsetting Fuels Wall Street Recovery, Be Mindful of More

A last-minute Wall Street rally after dismal US consumer confidence may have been because traders closed shorts, boosting prices. Asia stocks may fall but be mindful of more offsetting.


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GBPUSD: Prices May Fall While Traders Remain Net-Long

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


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Gold Sentiment Suggests a Bullish Bias Despite Net-Long Positions

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


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Canadian Dollar Weekly Price Outlook: Loonie at Turn or Burn Pivot

USD/CAD is up nearly 7% off the October low with price now approaching a critical inflection zone. Here are the levels that matter on the weekly chart into the year-end.


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EUR/USD Shifts to a Mixed Bias

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


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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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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...