S&P 500 : Traders Remain Net-Short

Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.


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GBPUSD: Traders Net-Long Increased by 33.1% from Last Week

Positioning is less net-long than yesterday but more net-long from last week. The combination of current sentiment and recent changes gives us a further mixed GBPUSD trading bias.


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EUR/USD Fails to Test 2019-Low as U.S. Durable Goods Orders Disappoint

EUR/USD fails to test the 2019-low (1.1176) following the U.S. Durable Goods Orders report, with the exchange rate still tracking the range from the previous month.


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US Dollar Eyes Breakout as US Yields Rise Alongside Growth Expectations

Yesterday produced the fifth-largest gain by the US Treasury 10-year yield since US President Donald Trump’s election.


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EURUSD Breaks Below 1.12, GBPUSD Drops on Brexit Deadlock - US Market Open

Euro briefly dips below 1.12, while GBP gives up recent gains on Brexit deadlock. AUD upside limited in short term as RBA provides cautious outlook.


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Crude Oil Price Challenges Channel Resistance

The price of US crude oil has hit its highest level since November last year and shows signs of breaking above the resistance line of a channel it has been trading in for the whole of 2019 so far.


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Market Sentiment Boosted by PMIs | Webinar

Trading sentiment seems to be improving after the manufacturing PMIs came in better than expected and concerns about a recession recede.


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Trading Outlook for EURUSD, AUDUSD, AUDNZD, Gold Price & More

The Euro is slowly working its way into support, AUD looking heavy again on a couple of fronts, while flirts with breaking support.


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GBPUSD Price Rattled as EU Says No Deal Brexit Now More Likely

After another round of votes in Parliament produced no new ways forward, EU chief negotiator Michel Barnier said that a no deal Brexit was becoming ‘more likely’ by the day.


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AUDUSD Topside Limited as RBA Raises Risk of Near-term Rate Cut

A more cautious statement saw the Aussie bears come into action as rate cut risk heightens, however, soft labour market is needed for rate cut to materialise.


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Gold & Silver Price Outlook Remains Bearish, Big Support Tests in View

Precious metals are expected to remain heavy, and if support levels in the vicinity are broken then selling could accelerate.


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Gold Price Analysis: Sitting on Support, Will it Hold?

Gold is sitting on a noted technical support level and needs to hold this if the recent sell-off is to be reversed. US data during the week will guide the next move, culminating with the latest NFP release on Friday.


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USD/SEK, USD/NOK Recovery Suggests Underlying Bullish Outlook

After breaking through key support levels, USD/SEK and USD/NOK are beginning to rapidly recover, which suggests the outlook for the pair remains broadly bullish.


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Bitcoin Surges By 22%, Tops $5000 In Reminder of 2017’s Volatility

Bitcoin gave cryptocurrency-watchers a reminder of the heady days of 2017 by spiking up more than 20% at one point in the Asian session


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Crude Oil Prices May Retreat as Market Mood Sours, API Data Due

Crude oil prices may retreat after Monday’s spirited rise as market-wide sentiment sours amid worries about slowing global growth. API inventory flow data is due.


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Asia Stocks Hint Rosy Sentiment May Fade, Nikkei 225 Eyes Support

Asia Pacific benchmark stock indexes pared some of their upside gaps as optimism from Monday faded. The Nikkei 225 is sitting right above support. Ahead, risk aversion may build up.


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Brazilian Real Eyeing Industrial Production Data, Pension Reforms

The Brazilian Real will be watching today’s release of industrial production data in addition to keeping a close eye on Bolsonaro’s heavily scrutinized pension reform plan.


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AUD/USD Looks to Key US Data After RBA Rate Decision

The Australian Dollar violently swung before remaining broadly unchanged following the RBA rate decision. The pair is now looking ahead to key US data.


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ASX 200 Technical Analysis: Rise Puts 2019 Peak Back In Focus

The ASX 200 has broken its most-recent downtrend and now has its sights set on last month’s peaks. Above them, last August’s multi-year highs will be targeted


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AUD/USD Rate Tracks Bearish Trend Going into April RBA Meeting

AUD/USD continues to track the bearish trend from late-2018, with the Reserve Bank of Australia (RBA) widely expected to keep the cash rate at the record-low in April.


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