Sunday, 10 March 2019

EUR/USD Shrugs Powell Interview - Eyes German Data, US Retail Sales

After being battered by the ECB, EUR/USD will be watching today’s release of German industrial production and US retail sales data.


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Asian Stocks Mixed As Growth Worries Dominate, USD Edges Up

Weak economic numbers last week from both the US and China have investors on global growth watch, although hopes for some sort of trade settlement endure.


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Global Growth Fears May Boost Haven-Linked USD Against ASEAN FX

Global growth fears fueled risk aversion, boosting the US Dollar against ASEAN currencies. The same dynamic may lift USD/IDR, USD/SGD with all eyes on the world’s largest economy.


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NOK, SEK Down by ECB Outlook - Eyeing Local CPI and Brexit Vote

The Swedish Krona and Norwegian Krone fell against the US Dollar as the ECB trimmed its growth and inflation forecasts as Europe’s future remains uncertain.


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ASX 200 Technical Analysis: Daily, Monthly Charts Suggest Tiredness

The ASX 200 has had an impressive run into 2019 and it may not be over yet. However, there are signs that some consolidation is likely, perhaps at least


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GBP Down on Brexit Latest, Asia Stocks May Welcome HKMA Peg Defend

British Pound fell on Brexit worries while the S&P 500 pared losses on a mixed US jobs report. Asia stocks may welcome first HKMA peg defend since August 2018. Jerome Powell eyed.


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Weekly Technical Forecast:Weigh S&P 500 Reversals, EURUSD Breaks and Gold Trends

The medium-term measures of activity in the global markets remains remarkably low – especially against a backdrop of heavy swings in 2018 and an overloaded laundry list of fundamental issues. Yet, recent volatility may be taken as a signal that the next tremor is at hand, and this may be the big one.


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Weekly Fundamental Forecast: Weekly Trading Forecast: Will Risk Trends Overwhelm Central Banks?

It was difficult to miss the shudder in confidence from the financial markets this past week. Benchmarks like the EURUSD and Dow lurched lower as the headlines painted a backdrop of a troubled global growth outlook and the additional help offered up by central banks (like the ECB) was written off. Sentiment will be our principal focus, but keep tuned to Brexit.


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World Equity Outlook Bearish as S&P 500, Nikkei 225, DAX 30 Top?

The S&P 500 outlook, and coincidentally for global risk trends, turned increasingly bearish leaving the Nikkei 225 and DAX 30 increasingly vulnerable to confirming recent tops.


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FTSE 100 Looks to Brexit Vote, Dow Jones to Retail Sales and CPI Data

The FTSE 100 will be the equity index to watch next week with a meaningful vote on Brexit scheduled for UK MPs next week.


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Saturday, 9 March 2019

EURUSD Weekly Technical Forecast: Can Euro Sellers Maintain Control?

At last we got a meaningful move out of the Euro, which brings us to the question of whether the move is sustainable, or will it get reversed as all price swings have in recent months.


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Gold Chart Shows Prices Flirting with $1,300 Again After Anti-Risk Bid

Gold’s long-term technical uptrend looks set to resume as anti-risk fundamentals helps boost the commodity higher.


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Gold Prices Eyes Key US CPI Report, While Dovish Central Banks Underpin

Global central banks provide dovish stance amid concerns over economic climate. Demand picking up for Gold.


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Dollar Traders On Alert After EURUSD’s 1.1200 Slip Pushes DXY to Ceiling

With considerable help from the Euro via EURUSD, the Dollar posted a dramatic charge this past week to test a key range high resistance. After a Friday retreat, is the Dollar still in a position to earn a key bullish break?


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US Dollar May Extend Advance as Market Sentiment Deteriorates

The US Dollar is likely to attract continued support from haven-seeking capital flows as global slowdown fears and political instability weigh on market sentiment.


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Intermarket Analysis with All Star Charts Founder JC Parets | Podcast

Learn about intermarket analysis from top market technician JC Parets on our DailyFX podcast.


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Sterling Weekly Technical Outlook: Charts Keeping Positive Bias

Sterling pushes higher against a weak Euro but fails to make any headway against a strong US dollar.


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GBP Fundamental Forecast: A Critical Week of Brexit Votes

The Brexit end-game nears as the UK Parliament vote on a series of Brexit bills next week which will decide the path of UK-EU negotiations.


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Friday, 8 March 2019

Crude Oil Price Falls From 2019 High On Economy Fears, US Dollar Strength

Economic news and intermarket developments were not favorable for crude oil last week, and crude traders seemed to take profits as the crude oil price pulled away from the 2019 extreme high of $58/bbl.


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Crude Oil Forecast: 2019 Recovery at Risk as Near-Term Range Buckles

Crude threatens the range-bound price action from the previous month, with oil slipping to a fresh monthly-low ($54.52) amid the weakening outlook for global growth.


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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...