Saturday, 5 January 2019

Pound Sterling Q1 Fundamental Forecast: GBP Rudderless on Brexit Permutations

It remains to be seen if a Brexit deal is confirmed, but the risks of a sharply lower British Pound may be slowly receding.


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Dollar Preparing to Break from its Most Restrictive Range In Four Years

While we have seen some remarkable volatility for US equities and even specific currencies – like the Yen flash crash – these past few weeks, the Dollar continues to carve a restrained path. That is likely to end soon.


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Friday, 4 January 2019

Euro Q1 Fundamental Forecast: Missed Window of Opportunity at End of 2018 Portends Weak Start to 2019

For the Euro, being in a situation where political risks are cropping up while growth and inflation expectations are going down does not bode well for the future.


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GBPUSD Technical Outlook: 20-Month Spike Low May Be Re-Tested

GBPUSD hit a 20-month low around 1.2435 mid-week and with the 20- and 50-day moving averages bearing down on price action, another re-test of this low is likely.


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EUR/USD Weekly Technical Forecast: Euro Choppiness to End Soon

The Euro has been congested for weeks, but that is set to change soon; breakout seen as likely down in-line with trend but will wait for trend to develop first.


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Dollar, Oil, Loonie, S&P 500 - Reversal Candidates

In the hierarchy of market phases, the reversal is hands down the most lucrative for hungry traders. The suggestion of near-ideal timing and potential for the resultant trend draws throngs of hunters. But true turns are few and far between.


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An Attempted S&P 500 Reversal, Dollar Pressure and Volatility for the New Year

The S&P 500 ended this past week stoking a sense of hope among the despondent bulls with a break back above 2,520. Yet, is this a move of conviction or temporary pressure relief? And what will provoke the Dollar?


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Japanese Yen Q1 Forecast: Haven in a Very Uncertain World

2018 was a tumultuous year in financial markets. So it’s perhaps strange that the Japanese Yen should be ending it very close to where it started. And yet it is.


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AUD/USD, AUD/CAD & EUR/AUD Prices Eye Technical Reversal Patterns

After weakening in its final moments of 2018, the Australian Dollar may be getting ready to reverse course. AUD/USD may rise while EUR/AUD and AUD/CAD decline. Reversal patterns ample.


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Technical Forecast for Dow, S&P 500, FTSE 100, DAX and Nikkei

Risk aversion continued to show through the 2019 open, but a ray of light appeared for equity bulls on Friday morning as Chair Powell took on a more dovish tone.


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FX Setups for the Week of January 7, 2019

It's been a busy start to 2019 already and markets haven't even yet went through the first full week of the year. In this week's installment, the Yen is in focus after the currency's 'melt up.'


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USD/JPY Weekly Price Outlook: Levels to Know after the ’Flash Crash’

An 8% drop off the October high has covered the entire 2018 range with price defending the lows this week. Here are the levels that matter on the USD/JPY weekly chart.


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S&P 500 Needs Support From Dovish Fed and Positive Trade War Talks

New year and same problems now amplified for equity markets. The risk barometer continues to paint a negative picture for US indices.


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US Dollar Pumps and Dumps, Stocks Surge as Markets Strike ’Powell Put’

After rallying earlier, the US Dollar has slumped after Fed Chair Powell implied that future rate hikes will be slower to materialize.


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USD Eyes Powell After Fed Hawk Suggests Rate Hike Pause, China Cuts RRR - US Market Open

Today’s stellar NFP report will likely alleviate some immediate concerns of a slowdown in the US, however, this will likely be temporary.


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USD/JPY Tests Resistance, USD/CAD to Support After Healthy NFP’s

This morning's Non-Farm Payrolls report was released to a healthy beat of the expectation, and this helped to bring on USD strength. USD/JPY is testing resistance while USD/CAD tests support.


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US Dollar Rallies after All-Around Strong December US Jobs Report

A beat on the headline Nonfarm Payrolls figure alongside faster wage growth has helped stabilize the greenback.


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US Employment Data Smashes Expectations, Dollar and Stocks Soar

The US laor market shows off its resilience in December after adding 312,000 jobs, largely beating expectations of 180,000


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Short-term Technical Outlook for the S&P 500 and Dow Jones

The S&P 500 and Dow Jones look to make another push higher in the near-term; broadly speaking, may have stabilized for now.


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Major Currency Pairs: A Guide to the Most Traded Forex Pairs



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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...