All Market Live

Tuesday, 16 July 2019

Dow Hits Record High on Most Reserved Activity Since December 2017

Where most of the markets and currencies are struggling to carry a clear move one week to the next, the British Pound proves consistently the exception to the rule. Yet, how reliable is this impressive slump?

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Dollar Rallies as Euro and Pound Retreat, Data Versus Systemic Themes

US indices just started to issues technical signals to suggest a more serious turn may catch traction, but a fundamental catalyst is still unsecured. Meanwhile, the FX market was far more active with the Dollar posting a stiff rally.

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Japanese Yen Bulls Fail To Crack USDJPY Range Base Once Again

USDJPY remains stuck in its established trading range having come through another attempt to crack the base. Its bulls need to consolidate their gains though, or they’ll face another test.

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Gold Prices Stuck in Holding Pattern as US and China Hold Trade Talks

Gold prices appear to be stuck in a holding pattern as US Treasury Secretary Steven Mnuchin intends to hold a call with Chinese officials this week.

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Gold Price Outlook: Breakout Trade Levels – XAU/USD Weekly Chart

Gold is virtually flat for the month with price holding within a well-defined consolidate pattern. Here are the breakout levels that matter on the XAU/USD weekly chart.

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US Dollar Rebound Hinges on Reduction in Fed Rate Cut Odds

After the June US retail sales report, Fed funds have backed away from pricing in three rate cuts in 2019. The US Dollar (via the DXY Index) is testing resistance in the downtrend dating back to the late-May highs.

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GBP/USD: Traders Remain Net-Long Since May

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading bias.

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Platinum Price Outlook: Buyers Push Towards Two-Month High

Last week Platinum rallied moving the price to the next trading zone nonetheless, buyers need to consider those chart points to dominate.

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US Dollar Pushes Higher, EURUSD and GBPUSD Suffers - US Market Open

Bad to worse for the Pound, which printed a fresh 27-month low. EURUSD eyes support, while USD pushes higher as firmer retail sales underpins.

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Oil Price Outlook: WTI Crude Oil Price Action Builds Bear Flag

Crude oil prices have crossed back-below the 60-handle, and a short-term bear flag formation has built. Are oil markets on the cusp of another bearish run?

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Market Sentiment Neutral Ahead of US Earnings, Rate Decision | Webinar

Traders are largely staying on the sidelines, waiting for economic data, US corporate earnings and the US interest rate decision at the end of the month.

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European Commission President Vote to be Held Today

Ursula von der Leyen will face a critical round of voting on Tuesday evening where she might fail to gain the support needed to become the next President of the European Commission.

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GBPUSD Price Slumps to Fresh 27-Month Low, No Respite in Sight

GBPUSD fell sharply Tuesday, hitting levels last seen in April 2017, despite slightly better-than-expected UK jobs and wages data. And the charts provide no support as yet.

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USD/CAD Price Forecast: US Dollar Fall Against Canadian Slows Down

On Friday USD/CAD downtrend resumed leading the price, however with less momentum. Here are the most significant levels the pair may encounter in the few coming days.

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Euro Technical Analysis Overview: EURUSD, EURGBP Levels to Watch

EURUSD, EURGBP key levels to watch. EURUSD holding support, while EURGBP bulls push towards critical resistance.

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UK Jobs Data Fails to Cheer Up GBP Pairs, Focus on Carney Speech

Sterling (GBP) continued to sell off on Tuesday as UK jobs data provided a mixed sentiment, pushing GBPUSD and EURGBP towards year-lows and highs respectively.

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Gold Price Nears Sharp Breakout, Silver Price Needs a Driver

The price of gold and silver continue to diverge with the spread between the two nearing a 26-year wide as gold continues to outperform. And the gold chart is looking increasingly bullish.

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