Tuesday, 29 January 2019

USD/JPY Outlook Mired by Lower Highs & Lows, Bearish RSI Formation

The recent series of lower highs & lows raises the risk for a further depreciation in USD/JPY especially as the RSI responds to the bearish formation from late-2018.


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DXY Index Stalls as Markets Await Brexit Vote; Gold Breakout Continues

UK PM May faces a key Brexit vote tonight in parliament. Meanwhile, amidst rising market uncertainty, Gold prices continue to rally.


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Gold Breaks Higher, US Mulls Emergency Oil Stockpiles - US Market Open

US may mull using emergency stockpiles (SPR release) to curtail impact of Venezuelan sanctions. Elsewhere, Gold breaks higher above $1300.


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US Dollar Sentiment Turns Sour | Webinar

Confidence in the US Dollar is waning as trade concerns, signs of a global economic downturn and disappointing corporate earnings combine to reduce demand for it.


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Brexit Latest: Rumoured ’Plan C’ Could Fire Up Sterling (GBP)

The latest twist in the Brexit negotiation saga could see a new ‘Plan C’ offer a solution to break the current Brexit gridlock. And that may give Sterling (GBP) a positive boost.


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EURUSD Price: Bounce off Technical Support Improves Outlook

A worsening of US-China relations, a slowing global economy, a likely pause in US interest rate hikes and a positive technical picture are boosting EURUSD as the Greenback loses its safe-haven status.


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How to Create a Trading Plan | Podcast

Learn from our popular analyst Paul Robinson about best practice tips on how to create a trading plan.


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GBPUSD Outcome Dependent on Key Amendments for Today’s Brexit Showdown

The key risk event today will come in the form of the Parliamentary vote on Theresa May’s Plan B. However, the focus will lie on the amendments that have been tabled by several MPs.


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Gold Price Further Gains Likely as US Dollar Wobbles



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Monday, 28 January 2019

AUD/USD May Fall Amid Huawei Scandal - Markets Eyeing Trade Talks

The Australian Dollar may fall this week as Chinese Vice Premier Liu He meets with Treasury Secretary Steve Mnuchin amid the prosecution of Huawei CFO Meng Wanzhou.


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Will the Euro Fall on France Consumer Confidence? Riots in Sight

The Euro may fall after France releases its Consumer Confidence data. The Yellow Vest protests have weighed on data amid a broader European-wide economic de-acceleration


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Dow Jones Chart Warns of a Top as Asia Pacific Stocks Aim Lower

Asia stocks followed Wall Street lower with some intraday gains ahead of a jam-packed week. Market mood may deteriorate on US consumer confidence, Dow Jones chart warns of a top.


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Gold Price Rise Stalls as Market Risk Appetite Unravels

Gold prices struggled after Friday’s spirited surge higher as unraveling risk appetite stoked haven demand for the US Dollar. More of the same looks likely ahead.


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Trade Wars and Shutdown Permanent Damage, GBPUSD Wound Up for Brexit Vote and Fed

Though the markets didn’t completely capsize to start the new trading week, they noticeably gapped lower. That despite the end of the US government shutdown late last week. Now we have to worry about growth, Brexit and the Fed.


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ASX 200 Technical Analysis: Range Break Could Come Quite Soon

The ASX 200 has settled into a broad, familiar range following the downside break of its dominant uptrend channel. This week is replete with fundamental events that could consign that range to history


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Brazilian Real May Fall on Inflation Data - Will Conditions Improve?

The Brazilian Real may dip this week as the country’s key inflation indicator is scheduled to be released. Bolsonaro’s reforms are on the way, but when will the economy feel them?


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Australian Dollar Slips On NAB Business Gloom, Trade Talks Eyed

The Australian Dollar took a Tuesday fall on news that domestic businesses’ assessment of current conditions had worsened very markedly


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AUD/USD, Stocks May Fall as Huawei Charges Complicate Trade Talks

Earnings reports from Caterpillar and Nvidia undermined Friday’s rally in the S&P 500. AUD/USD, Asia Pacific stocks may fall next as Huawei charges complicate US-China trade talks.


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Gold: Net-Long Positions Increase from Yesterday

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


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USDJPY: 50.1% of Traders Are Net-Long

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


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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...