Friday, 25 January 2019

Global Growth May Be Cooling, But Bulls Remain | Podcast

Despite a slew of worrisome headlines to close out 2018, 2019 has come into view with a decelerating growth story that hasn’t worried bulls all the much.


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AUD/USD, EUR/AUD, AUD/JPY Chart Support and Resistance Reinforced

Aside from GBP/AUD, the Australian Dollar ended the week mostly little changed against its major peers. AUD/USD, EUR/AUD and AUD/JPY support and resistance areas were reinforced.


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Trump to Pause Government Shutdown, Stocks and USD in Disbelief

President Trump caves on border funding demand after furloughed employee protest put pressure on politicians to reach bipartisan stopgap agreement.


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Foundations of Technical Analysis: Separating Observations from Noise

Using technicals to see through the fog of news and headlines. A review of our technical approach and examples that illustrate our trading methodology in practice.


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EURUSD Recovers Post ECB, GBPUSD Pulls Off Best Levels

EURUSD recovers to hover in 1.13-1.15 range, GBPUSD pulls off best levels, USD softens against major counterparts.


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Brexit Latest: EURGBP Price Set to Break Lower Charts Suggest

EURGBP is currently bouncing off a 20-month low but the relief rally may be short-lived as contrasting forces combine to push the pair even lower.


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Charts for Next Week: EUR/USD, GBP/JPY, Gold Price, Dow Jones & More

The Euro is positioned for more weakness, GBP/JPY at confluent resistance, gold price trying to hold support, while the Dow Jones eyes an important resistance zone.


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Technical Outlook for the S&P 500, Dow Jones, and Nasdaq 100

Momentum in the stock market has slowed in recent sessions, but yet to show signs it wants to turn down with any kind of major force; levels to watch just ahead.


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GBPUSD Analysis: Bullish Momentum Building as No-Deal Brexit Risks Recede

GBPUSD rises overnight amid reports suggesting DUP Party is said to back Theresa May’s Plan B Brexit if it includes time limit to Irish backstop.


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Bitcoin (BTC) Price Left Hanging After ETF Application Pulled

Bitcoin remains just above its recent multi-months lows and may slip lower on news that the CBOE has pulled its application for a BTC Exchange Traded Fund (ETF), according to a filing with the SEC.


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Gold Prices May Fall as Sentiment Swell Helps Validate Chart Setup

Gold prices may decline as improving risk appetite across global financial markets buoys bond yields, helping to validate bearish technical cues.


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EURUSD Price: Renewed Downward Pressure Hints at New Lows

A newspaper report suggesting that the German growth may be just 1.0% in 2019, coupled with recent weak German and Euro-Zone data will weigh heavily on EURUSD.


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Thursday, 24 January 2019

Australian Dollar May Look Past CPI Report for the Fed and US Data

Why did the Australian Dollar fall after an upbeat jobs report? The same logic may undermine the impact of CPI data as AUD eyes the Fed and a plethora of US economic statistics ahead.


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Asia Shares Brush off Worrying Trade News From Volatile US Session

Asia Pacific benchmark stock indexes traded higher despite worrying trade news from the US earlier. Nikkei 225 still within bearish reversal pattern. Market mood might remain upbeat.


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EUR/USD Techninical Analysis: Bearish - Waiting for EU Data Dump

The Euro may fall next week as a cascade of key economic data is scheduled to be released. This comes during broader geopolitical instability in the region.


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USD/SEK May Jump on Retail Sales Data - Gloomy Outlook Ahead?

The Swedish Krona may experience some pain tomorrow as Sweden prepares to unveil retail sales data, a day after the government reported a higher-than-expected unemployment rate.


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Davos 2019: Multilateralism, Fourth Industrial Revolution Debated

A debate between globalism and protectionism stole the stage in Davos at the 2019 World Economic Forum today with insight on the Fourth Industrial Revolution.


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Will a S&P 500 Breakout Face the Same Fate as the EURUSD’s?

The Dow and S&P 500 have positioned for an inevitable break, but that does not ensure follow through. Without a clear and driving fundamental theme, we should eye indices with the same restraint that EURUSD has exhibited.


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EUR/GBP Technical Analysis: 2017 Lows Might Be on the Horizon

EUR/GBP might be on the verge of extending its near-term downtrend as the last potential critical barrier of support standing in-between it and 2017 lows gives way.


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NZD/USD Technical Analysis: Rally Fades, 18-Year Support at Risk

A brief New Zealand Dollar upswing fizzled at chart resistance, seemingly putting sellers back in charge as prices challenge critical 18-year trend support.


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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...