Tuesday, 9 April 2019

Currency Volatility: EURUSD Traders Eye ECB Meeting, Fed Minutes

EURUSD overnight implied volatility jumped to its highest level in over a month as forex traders gear up for potentially sharp reactions to the latest ECB meeting and Fed minutes expected tomorrow.


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GBPUSD Struggles Ahead of EU Summit Despite Vote for Brexit Extension

GBP/USD struggles to hold its ground ahead of the EU Summit even though the UK votes to delay Brexit, with the exchange rate still threatening the bull trend from late-2018.


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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


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Euro Price Outlook: EUR/USD Trade Levels Ahead of ECB

A rebound off key Fibonacci support has Euro testing resistance ahead of the ECB tomorrow. Here are the targets & invalidation levels that matter on the EUR/USD charts.


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NZDUSD Price Outlook: Further Losses Possible



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Oil Prices Remain Overbought Even as IMF Cuts Global Growth Forecast

Crude pulls back from a fresh 2019-high ($64.79) as the IMF cuts its growth forecast, but the bullish price action may persist as the RSI sits in overbought territory.


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Gold Price Technical Outlook: GLD Rallies from Key Chart Support

Gold prices have had a generally strong year of 2019, with a big zone of support holding up three different inflections already. But can bulls maintain control?


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Euro Rates Rally Ahead of ECB Meeting as US Dollar Hit by Trade Wars

The April ECB meeting on Wednesday is giving traders a reason to lift Euro prices ahead of time.


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Aussie Price Outlook: Resistance Tests in AUD/USD, AUD/JPY Ranges

While it's been a low volatility showing across FX so far in 2019, few markets have displayed the consistency with range-bound formations as the Australian Dollar.


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Crude Oil Pushes Higher, GBPUSD Whipsaws, EURUSD Unfazed by Bearish Risks - US Market Open

Crude oil prices moves into Trump’s tweeting zone. EURUSD unfazed by EU/US trade war and Italian budget risk, while GBPUSD trades in choppy fashion.


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Market Sentiment Increasingly Positive | Webinar

Judging by the recent strength of global stock markets and the AUDJPY cross rate, market sentiment is continuing to improve.


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Sterling (GBP) Jumps on Rumored Irish Backstop Deal Breaker

GBPUSD jumped 50 ticks after media reports that German Chancellor Angela Merkel was considering offering the UK a five-year Irish backstop limit, a proposal that could help beleaguered PM May pass the Withdrawal Agreement.


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Trading Forecast – EURJPY, AUDUSD, Gold Price & Other Charts

There are a couple of developments out there to watch, EUR & AUD-JPY possibe set-ups for weakness, Aussie trying to break resistance, and gold looking higher; bonus charts included.


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EUR Technical Analysis Overview: EURUSD, EURJPY, EURGBP

EURUSD hovers around key resistance, while EURJPY edges towards trendline resistance. EURGBP bounce could signal the pair has bottomed.


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How to Manage the Emotions of Trading

Keeping control of your emotions when trading could be the difference between success and failure. In this piece we’ll explore trading psychology and developing the right mentality.


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Crude Oil Price Outlook: Further Gains Possible

Fighting in Libya has added to the upward pressure on crude oil prices caused by OPEC supply cuts and US sanctions on Iran and Venezuela.


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DAX 30 Technical Outlook: Overbought but Trading Above Long-term Hurdle

The DAX's extended rally of late puts it into overbought territory but it also recaptured long-term levels last week, question is can it maintain above on a dip.


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US Dollar Price Forecast: FOMC Minutes May Stoke Bearish Bias

The US dollar is drifting lower ahead of the latest FOMC minutes, and with US Treasury yields also slipping, a dovish outtake could fuel the next leg lower.


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Gold Prices Eye Yields, US Dollar Response to IMF Outlook Update

Gold prices will seek direction cues in the response from bond yields and the US Dollar to the latest update of the IMF World Economic Outlook.


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Monday, 8 April 2019

DAX 30 May Top, Hinting Market Downturn After Mixed Asia Session

EU-US trade war fears may fuel risk aversion in European trade after a mixed Asia Pacific session, confirming a top that could be developing in the DAX 30 as the Japanese Yen gains.


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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...