FTSE Technical Analysis – Rolling Over Towards Confluent Support

The FTSE has been slowly rolling over from resistance, next up on the radar is support via a couple different angles; traders must still be on the watch-out for Brexit headlines.


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Gold Price Analysis, Chart and Pivot Points

Gold may re-test resistance around $1,328/oz. after US - North Korea talks fail to produce a deal.


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Are Financial Markets Too Optimistic As Growth Crumbles?

Another day, another feeble economic data point from a major economy. As China’s manufacturing sector contracts again, markets may be pinning too much hope on a trade deal.


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Crude Oil Prices May Fall on Soft Fundamentals, Risk Aversion

Crude oil prices may retreat as a monthly EIA report and testimony from IEA Director Fatih Birol highlight soft supply/demand fundamentals while risk appetite fizzles.


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Asia Stocks Wobble as Trump-Kim Summit Cut Short, S&P 500 at Risk

Asia stocks wobbled as sentiment remained fragile, Nikkei 225 futures aimed lower after the Trump-Kim summit was abruptly cut short. S&P 500 futures hint of a top ahead of US GDP.


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EUR/USD Technical Analysis: Is the Euro Preparing to Turn Lower?

The Euro is showing signs of topping across multiple chart time frames, hinting that resumption of the 14-month drop against the US Dollar might be close at hand.


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Japanese Yen Technical Analysis: USDJPY Uptrend Still Worth Tracking

The Japanese Yen is stuck under broad pressure against the US Dollar and is likely to remain in this position for as long as risk appetite can hold up.


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USD/MYR, USD/IDR and USD/PHP May Reverse. SGD Sits Within Support

The US Dollar could be preparing to launch a recovery against the Malaysian Ringgit and Indonesian Rupiah. USD/PHP may turn higher as USD/SGD finds itself sitting within key support.


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S&P 500 Tips Breakdown as Trade Wars Lift and Market Prepares for US GDP

Trade wars and Brexit risks have faded significantly, but does that give the S&P 500 and Pound clearance for unchecked trends? Meanwhile, top event risk in US GDP will change the balance of key themes.


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Australian Dollar Wilts As China Manufacturing PMI Contracts Again

The Australian Dollar had been bouyed up by strength in domestic capital spending but it fell back sharply on news that Chinese manufacturing contracted once again this month.


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British Pound Rally Resumed. AUD/USD Eyes Capex, China PMI Data

Brexit news kept the British Pound rally alive as EUR/GBP’s dominant downtrend resumed. The S&P 500 barely closed lower amidst fragile sentiment. AUD/USD looks to key data.


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GBPUSD: Currency Volatility Curbed by Possible Brexit Delay

GBP implied volatility is on the decline for the 1-month forex option contract that expires on the March 29 Brexit deadline.


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Dow Jones, S&P 500 Await US Q4 GDP and Trade War Clarity

Thursday is a pivotal day for US equity sentiment and price action as the highly anticipated GDP data for the fourth quarter is released.


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DJIA: Dow Softens From 2019 Highs as 26k Re-Test Continues

US stocks have been on a strong run this year, but price action has started to test below a bullish trend-line, which may soon open the door for reversal potential.


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EUR/USD Rate Forecast: 2019 Range in Focus Ahead of ECB Meeting

Recent price action in EUR/USD brings the monthly-high (1.1489) on the radar as the exchange rate tracks the range from earlier this year.


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GBPUSD: Cable Rally Goes Overbought on Run to Seven-Month Highs

The British Pound has put in a breakout on diminishing pessimism around Hard-Brexit. But with the pair now showing oversold RSI, can bulls continue to drive?


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New Zealand Dollar Weekly Price Outlook: Kiwi 2019 Range Compression

Kiwi is coming off the yearly highs with price continuing to consolidate within the January opening-range. Here are the levels that matter on the NZD/USD weekly chart.


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USD/CAD Weighed by Sticky Core CPI- Canada GDP Report Up Next

USD/CAD slips back below the 200-Day SMA (1.3152), with the exchange rate risk for further losses ahead of Canada’s GDP report.


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Brexit Latest: Key Amendments to be Voted on by UK MPs

Today will see yet another round of votes on a series of amendments, which typically takes place from 1900GMT.


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GBPUSD Surges on, USD Downtrend Continues, USDCAD at Key Support - US Market Open

The Pound continues to power on with GBPUSD reclaiming 1.33 as no-deal risks continue to recede. CAD benefits from oil gains, while USD selling persists.


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