Thursday, 14 March 2019

Japanese Yen Weakens Slightly As BoJ Holds Policy, Sounds Gloomier

The Japanese Yen faded a little as the central bank left its ultra-accommodative monetary settings alone and worried about an offshore slowdown’s effects on Japan.


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S&P 500 Makes No Move to Break, Pound Absorbs Another Brexit Delay

The markets are delivering serious unrequited love to traders as the S&P 500 refuses to make something out of its public resistance hold, oil offers no breakout follow through and GBPUSD settles after its run of Brexit votes.


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Gold Falls on Bearish Technical Cues, Oil Prices Eye IEA Report

Gold prices aimed sharply lower following bearish technical cues and US Dollar strength. Crude oil prices now await the IEA monthly report after rallying on the respective OPEC one.


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US-EU Trade Tensions Re-Igniting? Exhausted Euro Looks Ahead

If EU-US trade tensions are re-ignited, the exhausted Euro may be in more pain while the regional anti-risk Swiss Franc may rise if the outlook for Europe further deteriorates.


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EUR/GBP Technical Analysis: Outlook Clouded by Conflicting Signals

EUR/GBP is attempting to resume the dominant downtrend amidst the latest Brexit news. However, the weekly and daily charts offer conflicting cues for its next move. Which will prevail?


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GBP/USD Wobbled as Trade War Fears Hurt S&P 500. All Eyes on BoJ

The US Dollar capitalized on British Pound weakness as the Brexit saga lingered. Sentiment wobbled as fears about US-China and US-EU trade wars rose. All eyes on Bank of Japan next.


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Nikkei 225 Outlook: Index Awaits BOJ, Rests on Channel Support

The Nikkei 225 will look to the Bank of Japan’s interest rate decision on Friday. An unexpected shift in tone could impact the S&P 500 and other global equity markets.


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FX Price Action Setups in EURUSD, USDJPY and USDCNH

The US Dollar has finally found some element of support after a four-day pullback showed up following a test of a big resistance level last week at 97.71.


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GBPUSD: Sterling Slips After Latest Brexit Votes Approve Deadline Pushback

UK Parliament voted to revoke Article 50 and request the March 29 Brexit deadline be pushed back.


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EURUSD Rate Forecast: Post-ECB Rebound Sputters Ahead of Monthly-High

The EUR/USD rebound following the ECB meeting appears to be sputtering as the exchange rate fails to extend the series of higher highs & lows from earlier this week.


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Gold Price Technical Outlook: XAU/USD Reversal to Risk Further Losses

Gold prices turned from monthly open resistance and risk further losses near-term. Here are the updated targets & invalidation levels that matter on the XAU/USD charts.


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US Dollar Outlook Remains ’Neutral’; Awaiting Latest Brexit Vote

The DXY Index is gaining ground for the first time in five days as all attention remains on the news wire.


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Crude Prices Carve Bullish Series as OPEC Forecasts Stable Oil Demand

Recent price action in crude raises the risk for a further advance as oil breaks the monthly opening and extends the series of higher highs & lows from earlier this week.


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Finalized Elliott Wave Triangle Opens the Door for Bullish NZD/USD Run

We can count a finalized triangle from the March 7 low in NZDUSD. The price action since adds another building block to the bullish pattern.


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EURUSD Climb in Question as US Dollar Drop Finds Fibonacci Support

The US Dollar's four-day decline has found some element of support at a key level. But will buyers be able to re-test the yearly high that rebuked bulls last week?


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GBPUSD Eyes Brexit Extension Vote, USD Halts Losses - US Market Open

Another day, another vote in the House of Commons with this time a vote on whether Brexit will be delayed.


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Crude Oil Analysis: Oil Prices Pullback from 2019 Highs on Trade War Update

Brent crude oil pushed above $68 as oil supply continues to ease, however, negative trade war headlines have capped further upside for now.


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Brexit Latest: Indicative Votes Proposed For March 20

In another twist in the Brexit saga, British Members of Parliament have tabled a proposal to force a series of indicative votes on March 20.


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Becoming a Better Trader – Q&A Session Overview

In this webinar, we covered a range of topics including trading psychology, risk management, analysis and strategy techniques, as well as other topics related to trading performance.


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EURUSD Price: Ifo Institute Slashes German 2019 GDP to 0.6%

The Euro is slipping slowly lower against the US dollar with the move sparked by the latest German Ifo report that expects the German economy to grow by just 0.6% in 2019.


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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...