Monday, 7 January 2019

EUR Eyes 1.15, GBP Volatility to Return - US Market Open

The Euro is among the best performers amid softer USD and narrowing US/DE rate differentials, while GBP volatility is set to return as Brexit headlines pick up.


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CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY

USDCAD continues to head lower, eyes on the 1.32 handle. EURCAD looks to make a test 200DMA. CADJPY remains bearish despite recovery from flash crash lows.


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Sterling (GBP) Latest: Brexit Vote Confirmed; PM Warns of No-Deal Danger

The UK government has confirmed that MPs will vote on the PM May’s Brexit bill on Tuesday, January 15, and that means increased short-term GBP volatility.


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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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Crude Oil Price Likely to Push Higher on US - China Trade Hopes

Trade negotiations between the US and China are expected to commence today and financial markets are starting to price-in a positive outcome. And that could be good news for oil bulls.


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DAX 30 & CAC 40 Technical Forecast – More Upside Before Resistance is Met

The DAX and CAC are getting a lift with global equity markets, with the recovery having more more room to go before it runs into potential trouble.


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Sunday, 6 January 2019

Yen, US Dollar May Rise as Market Mood Sours Again

The Japanese Yen and US Dollar may rebound as trade war worries, the ongoing US government shutdown and soft service-sector ISM data sour the markets’ mood.


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Asian Stocks Rise Broadly As US/China Trade Talks Kick Off

Asian equity started a new week on good terms with itself as vice-ministerial level talks on trade began between the United States and China


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ASEAN FX Eye US China Trade Talks, Powell Put Beliefs at Risk?

ASEAN FX emerged stronger after ‘Powell Put’ speculation sunk the US Dollar. Next, all eyes are on US China trade talks. Will Fed Chair clarify data dependence, boosting the greenback?


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ASX 200 Technical Analysis: Post-Crisis Uptrend Remains In Balance

The ASX 200 is close to the top of its near-term trading range and may yet top it. However, its monthly chart position is a lot more precarious


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Japanese Yen Weekly Technical Forecast: Flash Crash May Have Been a Red Herring

The flash crash in JPY-crosses ahead of the Asian session open on Thursday ultimately resulted in some of the most significant reversals ever seen in the history of FX markets. Do they matter?


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Crude Oil Price Rebound May Struggle on US, China Trade War Fears

Crude oil prices may struggle to extend the recent recovery as tense talks between officials from the US and China cool hopes for trade war de-escalation.


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Powell Put Bets Sink USD. Yen May Fall, US China Trade Talks Eyed

Speculation of a ‘Powell Put’ reversed gains in the US Dollar after an impressive jobs report. Asia stocks may rise as Japanese Yen falls unless US China trade talks go wrong.


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Weekly Technical Forecast:Volatility is Picking Up Across the FX and Equity Markets, Prepare for Breaks

The start to a new trading year is typically a quiet affair for the markets. That isn’t the case heading into the first full-liquidity week of 2019. The high volatility for currencies, equities and other asset classes through the end of 2018 has clearly held firm into the opening days of the new year. Volatility raises the probabilities of technical breaks and trends; so be prepared.


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Gold Weekly Technical Outlook: Bulls Stopped Short Ahead of Key Level

Gold prices have posted a three-week winning streak with the advance stalling just ahead of key resistance. Here are the levels that matter on the XAU/USD weekly chart.


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Gold Q1 Fundamental Forecast: Price Likely to Continue 2018 Downtrend

Although Gold rallied amid rapid selloffs in equities in October and November, these were only minor recoveries.


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Saturday, 5 January 2019

Crude Oil: After Bull Flush Out, Bounce Likely In Play

Crude oil fell nearly 45% from the October high through December 24. The short side seems to be played out for now as focus turns to a tactical bounce.


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New Zealand Dollar Weekly Technical Forecast: NZDUSD to Continue Slide, NZDCAD Faces 2016 Resistance

The New Zealand Dollar looks likely to continue a slow decline versus the US and Canadian Dollars as nearby resistance threatens to overpower bulls.


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Stock Market Volatility Reflected in ETF Flows as Investors Brace for 2019

The recent volatility in the stock market has been reflected in fund flows from some of the largest exchange traded funds.


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Oil Q1 Fundamental Forecast: Crude to Continue Sliding with Flush Demand and Waning Supply

Despite an incredibly painful quarter for crude, the outlook remains bleak.


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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...