Saturday, 16 March 2019

Sterling Weekly Technical Outlook: Charts Highlight Bullish GBP Bias

A good week for Sterling bulls with GBP pushing higher across the board, with added volatility for good measure. Technical analysis continues to highlight a positive Sterling bias.


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GBP Fundamental Forecast: Brexit Meaningful Vote - Third Time Lucky?

Brexit will continue to dominate the domestic scene, putting the latest Bank of England policy decisions in the shade. Meaningful Vote 3 is expected to be voted down again, leaving PM May increasingly isolated.


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Friday, 15 March 2019

Crude Oil Prices Touches New 2019 High As OPEC Supply Doubts Remain

The price of Crude Oil traded to the highest levels since November as traders anticipate the meeting between OPEC and strategic alliances that could renew the commitment to production curbs and further support the market.


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Crude Oil Price Outlook Clouded by OPEC Meeting, Fed Rate Decision

The dominant uptrend in crude oil prices face a cloudy week ahead. Potential gains on the weekend OPEC+ joint meeting may be offset by US Dollar strength on the Fed rate decision.


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Charging Dollar, Pound and Euro Breaks from Fed, Brexit and PMIs

The S&P 500 and crude have earned the most technical of breakouts but follow through is all but absent. Technical progress requires fundamental motivation in these markets and the Fed Decision, Brexit and GDP proxy reports all stand above the crowd.


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AUD/USD, GBP/AUD and AUD/JPY Technical Outlook Bearish

The AUD/USD, GBP/AUD and AUD/JPY outlook in the medium-term is not only bearish due to technical patterns, but also near-term signals warn of pullbacks in the week ahead.


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Australian Dollar Could Slide Again If RBA Speakers Stay Dovish

The Australian Dollar may well face renewed pressure if the week’s central bank speeches again highlight the utility of a weaker currency. Stronger data may help the bulls’ cause though.


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Currency Volatility: GBP Traders Eye BOE and Brexit Vote, Fed to Drive USD

Implied volatility across major currency pairs looks muted for the week ahead, but that could change with 4 upcoming central bank meetings and another Brexit vote.


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Technical Forecast for S&P 500, Dow, FTSE 100, DAX and Nikkei

The tone of recovery held through global equities this week, and a series of rate decisions are on the docket for next week.


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FX Week Ahead: RBA & BOE Rate Decision; Canadian & New Zealand Jobs

The turn into the second half of March brings about two key rate decisions as well as several inflation reports.


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Building a Global Macro Strategy with Hedge Fund Advisor, Julian Brigden

Julian Brigden of MacroIntellingence2 and Macro Insiders of Real Vision walks you through his Global Macro Strategy and investment framework on the DailyFX Podcast.


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Canadian Dollar Weekly Price Outlook: Loonie Strength to Tame USD/CAD

Loonie is up nearly 0.5% this week as price responds to key technical resistance. Here are the targets and invalidation levels that matter on the USD/CAD weekly chart.


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FX Setups for the Week of March 18, 2019

The end of Q1 is near with but two weeks of trade remaining before the door opens to Q2.


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Bullish USD/JPY Sequence at Risk Amid Failure to Test Monthly-High

Failure to test the monthly-high (112.14) may rattle the bullish sequence in USD/JPY as the RSI continues to threaten the bullish formation from earlier this year.


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US Dollar Mired in Range; US Yields Breakdown May Boost Gold Prices

The DXY Index is edging slightly lower as US equity markets deal with a quad witching day as the calendar turns through the ides of March.


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DJIA: Dow Recovers From Fibonacci Support, Builds Rising Wedge

The blue-chip index put in a week of recovery despite the setbacks at the Dow constituent of Boeing; but with resistance holding at prior support, are bears waiting in the wings?


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GBPUSD Steady After Stellar Week, EURUSD Rise Capped - US Market Open

GBPUSD not out of the woods yet, despite strong week. Euro finds support above 1.13, however, option expiries cap further upside.


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EURUSD Recovers ECB-Fueled Losses; USD Holds Support Ahead of FOMC

EUR/USD has recovered last week's ECB-fueled losses, and the US Dollar is holding support ahead of next week's FOMC rate decision.


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S&P 500 at Resistance, Dow Jones & Nasdaq 100 Charts Showing Divergence

While the S&P 500 trades at resistance there are potential signs of broader weakness, but a breakthrough would likely clear up the discrepancy.


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Charts for Next Week: EURUSD, AUDJPY, Gold Price & More

The Euro is rallying into trend resistance, AUDJPY range becoming more defined, gold at risk of another round of weakness in the days ahead...


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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...