Monday, 4 March 2019

AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD eyes key support, AUDJPY rejects resistance yet again, while AUDNZD may have bottomed as 1.04 continues to hold.


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FX Week Ahead: RBA, BOC, & ECB Rate Decisions; Canadian Jobs & US NFP

The first week of the month sees several central bank rate decisions and key labor market data.


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Technical vs Fundamental Analysis in Forex

Fundamentals vs technicals. Learn what is involved in each and how to make an informed decision on the type of analysis best suited for you.


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EURUSD Threatens Range Support as USD Bulls Re-Take Control

A busy economic calendar awaits for this week after US Dollar bulls have made a noticeable re-entrance back into the equation.


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USD Rises Despite Trump’s Criticism, Crude Oil Gains Amid OPEC Mulling Extension - US Market Open

USD begins the week on the front, Euro edges lower ahead of ECB, AUD sees marginal gains as trade deal hopes outweigh domestic weakness.


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Weekly Technical Forecast: Dow’s Incredible Climb is Slowing and EURUSD’s Range is Ripe

Volatility continues to drain from the market, cutting down the opportunities to jump start critical breakouts or trends. That is problematic for US indices like the Dow and S&P 500 given the remarkable run they’ve made these past two months. But it is just as burdensome for overdue ranges in FX like that of EURUSD or tentative breaks from USDJPY.


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Weekly Fundamental Forecast: Rate Decisions and NFPs Look to Supplant Trade Wars for Market Influence

We have seen a significant drop in the perceived risk surrounding open-ended threats like the US-China trade war and Brexit this past week. Will this draw attention back to more tangible issues like tepid growth forecast and top market moving events like a range of rate decisions (ECB, RBA and BOC) or the fabled US change in NFPs?


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UK Week Ahead: Sterling (GB) Wary of High Importance Drivers | Webinar

Sterling (GBP) remains on edge as Brexit negotiations continue, while over the week various central bank rate announcements, and the monthly NFP release, will drive various GBP-pairs.


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Euro Forecast: March ECB Meeting to Highlight Risks to Eurozone

Inflation has been running more and more below the ECB’s medium-term target while topline growth readings have slowed. The odds of a hike around “summer 2019” have shrunk – and will likely evaporate this week.


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S&P 500, Dow, and Nasdaq 100 Charts: Little Bearish Price Action at Resistance

U.S. indices are at notable levels, but the market has thus far shown resilience, and this could mean resistance will soon get put in the rear-view mirror.


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Crude Oil Analysis: Bullish Uptrend Remains, Trade War Deal Nearing

Oil prices are on the front foot to begin the week, with Brent crude futures holding above $65/bbl as trade war hopes and falling oil counts underpin.


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Becoming a Better Trader – Basic Building Blocks for Creating a Strategy

In this webinar, I discussed a few basic facets to be considered when developing a trading strategy or plan of attack.


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EURUSD Sells-Off Ahead of ECB Meeting, Possible Liquidity Measures

The Euro is coming under selling pressure in early trade, touching a one-week low against the US dollar, and is likely to stay low as the ECB gets set to announce more liquidity measures.


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Sunday, 3 March 2019

Yen Falls on US-China Trade Talks, Pound Up on Brexit Deal Hopes

The anti-risk Yen fell as markets cheered US-China trade deal prospects. The British Pound rose on signs that a Brexit breakthrough might be taking shape.


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Asian Stocks Make Gains As US/China Trade Deal Hopes Fly High

Asia Pacific equity markets were led higher by surging Chinese stocks as investors once again looked with hope toward Washington and Beijing and a potential trade deal


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USD/NOK, USD/SEK Eyeing Powell Speech and ECB Rate Decision

The Swedish Krona and Norwegian Krone will likely be driven this week by central bank-related news out of Europe and the United States.


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Near-Term Crude Oil Price Gains May Fizzle as Chart Hints at Top

Crude oil prices may find scope for near-term gains but technical positioning hints that a top might be taking shape, warning against bets on a lasting advance.


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ASEAN FX Eye BNM Rate Decision, Philippine CPI. USD May Appreciate

ASEAN FX eye a busy week with Bank of Malaysia, Philippine CPI ahead. Sentiment risks include aftermath of higher MSCI allocation of Chinese shares in their indexes, USD strength.


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AUD Falls On Shock Corporate Profit Slide, RBA Rate Call Up Next

The Australian Dollar started a new trading week with a modest slide as a tranche of domestic data proved underwhelming in total. The Reserve Bank of Australia is unlikely to help the bulls’ cause


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Equities May Fall, Trump Asked China to Drop Agricultural Tariffs

Sentiment may sour after US President Donald Trump asked China to drop all agricultural tariffs last Friday. AUD/USD may fall with equities, fulfilling a bearish reversal pattern.


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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...