Thursday, 4 July 2019

Rupee Outlook Bearish if Trump Expands Trade War to India

The Rupee may weaken if Donald Trump slaps tariffs on India after Prime Minister Narendra Modi retaliated and raised levies on US goods, fueling trade war fears as USDINR rises.


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Nikkei 225 Bounce Endures, Longer-Term Downtrend Still Solid

The Nikkei 225 remains well within the uptrend channel which has held since June. The bulls have more to prove than that fact alone would suggest, however.


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Oil Price Rebound Fizzles Following Uptick in US Crude Production

Crude is back under pressure as US output picks up for the first time since May, with oil prices at risk for a further decline as a ‘death-cross’ formation takes shape.


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The Head and Shoulders Pattern: A Trader’s Guide

Learn how to use the Head and Shoulders pattern to spot trend reversals on forex and stock charts.


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Hammer Candlestick Patterns: A Trader’s Guide

Learn how to use the hammer candlestick pattern to spot bullish reversals in the market. Our guide includes expert trading tips and examples


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EUR/USD Implied Volatility Drops to Multi-Year Lows

Implied volatility measures for spot EUR/USD have taken a plunge to extreme lows driven largely by dovish ECB and Fed expectations.


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How Monetary and Fiscal Policy Can Amplify or Stave Off Crises

During the Great Recession, governments and central banks worldwide moved to reverse the collapse of the global economy. Here’s how fiscal and monetary policy can affect economic slumps.


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GBP/USD & GBP/JPY Turn Lower after UK PMIs, Latest Brexit News

Speculation around a no deal, hard Brexit remains a significant burden for the British Pound.


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US Crude Oil Price Outlook: Sentiment Data Suggest a Rally

After the falls in crude oil prices so far this month, retail trader positioning figures suggest that a recovery is close.


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DAX Price Outlook: Dax Eyes a Multi Months High as Rally Continues

Last month Dax closed with nearly 7.2% profit. At the start of this week the rally continued however, with less momentum. Here are the key technical levels the index might encounter in the coming days.


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Spot Gold: Retail Trader data shows 61.9% of traders are Net-Long

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 Spot Gold trading bias.


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USDCAD at 2019 Lows, EURUSD Dips on ECB Dove, GBPUSD Stabilises

FX pairs have held relatively tight ranges in this holiday thinned trading session. USDCAD hovers around recent lows, while Euro pulls back on dovish ECB comments.


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ECB Top Job: Will Lagarde Continue the Bank’s Dovish Approach?

Christine Lagarde’s nomination as the new president of the ECB has come as a surprise but has left no one indifferent; her lack of experience is a concern, but some believe she is the perfect fit for the job


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Currency Volatility Implosion Sees US Dollar Pairs Potentially Under-pricing NFP Risk

FX markets have also seen a significant drop in implied volatility. As such, with eyes on the US Non-Farm Payrolls, FX markets could be under-pricing key risks.


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GBP Sterling Outlook: How GBP/JPY Price Could End Current Sideways Movement

Yesterday GBP/JPY printed its lowest level in six months. However, the sellers continue to show signs of hesitation. Here are the chart’s key points the sellers may need to consider.


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EURUSD Price Heading For Key Support Levels, Bounce Possible

The EURUSD price outlook is becoming increasingly positive as technical, economic and sentiment analyses all suggest a recovery after the pair’s recent losses.


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Crude Oil Prices Struggle on Brimming US Inventories, Rising Exports

Crude oil prices are struggling to make good on firming risk appetite as brimming US inventories and rising exports stoke oversupply worries.


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EURUSD Technical Analysis: Euro Sellers Challenge Trend Support

The Euro has slumped back to near-term rising trend support after railing to sustain gains above the 1.14 figure. Will a breakdown mark bearish reversal next?


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Wednesday, 3 July 2019

EURUSD May Have Volatile Spikes: Thinner Liquidity on US Holiday

EURUSD may experience volatile spikes as US markets close for the July Independence Day holiday, leaving markets thinner and exposing the pair to potentially violent swings.


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EURUSD Struggles to Extend Bearish Price Action Ahead of NFP Report

The pullback in EURUSD appears to be stalling ahead of the NFP report as the exchange rate struggles to extend the series of lower highs and lows from earlier this week.


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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...