Friday, 19 July 2019

Johnson vs Hunt: Leadership Rivals Differ on More Than Just Brexit

Find out how Conservative leadership rivals Boris Johnson and Jeremy Hunt differ regarding Brexit, public spending and taxes.


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Gold Price Soars Through Resistance, Consolidation Needed Ahead of Next Push

Gold broke out of its recent pennant formation to the upside Thursday and may push even higher although a period of consolidation is needed to strengthen the next move.


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Crude Oil Prices May Rise While Gold Falls as Markets Consolidate

Crude oil prices may turn higher while gold pulls back from recent highs as commodity markets digest recent volatility into the end of the trading week.


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Thursday, 18 July 2019

EURUSD May Rise if Sentiment Data Amplifies Fed Rate Cut Bets

EURUSD may continue jumping if University of Michigan sentiment data shows weakness and amplifies what are already-aggressive Fed rate cut expectations


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Gold and APAC Stocks Juiced By Fed’s Williams, Whatever He Meant

Asian stocks gained on hopes for lower US rates, with gold miners and chip makers leading the regional way higher


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Dollar Tumbles as 50bp Fed Cut Baked In But Beware EURUSD, AUDUSD Trades

Trade wars and growth forecasts continued to form an uneven path for the markets, but speculative drive seems to have taken a significant tug in attention. A surge in expected Fed cut forecasts has stirred both Dollar and general risk.


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Will Facebook Libra Cryptocurrency Undermine Financial System?

Facebook’s intention to implement its world-wide Libra cryptocurrency has sparked controversy among regulators and central banks who fear it could undermine global financial stability.


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EURGBP Uptrend May Soon Retreat as Pair Test 9-Month Resistance

EURGBP broke through the 2-month rising support channel but the pair has continued to trade higher and is now testing a critical resistance range.


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Gold Price Rips & USD Dips Sharply as Fed Rate Cut Bets Surge

Increasingly dovish commentary from Federal Reserve officials has pushed the market's expectations of a 50-basis point rate cut soaring which is sending gold higher and the dollar lower.


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US Dollar Price Action Setups in EUR/USD, GBP/USD, USD/CAD, AUD/USD

The US Dollar will likely remain center-stage as the Federal Reserve's first rate cut in over a decade is expected in less than two weeks.


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Gold Price Chart: XAU/USD Approaching Range Highs– Battle Lines Drawn

Gold prices are approaching the upper bounds of a multi-month consolidation pattern. Here are the levels that matter on the XAU/USD charts into the close of the week.


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VIX: Volatility Breakout Threatens Risk Assets

The VIX Index could be breaking out to the upside after topping technical resistance amid resurfacing market uncertainties, which poses a major threat to risk assets like stocks and oil.


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Johnson vs Hunt: Leadership Rivals Differ on More Than Just Brexit

Find out how Conservative leadership rivals Boris Johnson and Jeremy Hunt differ regarding Brexit, public spending and taxes.


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Sterling Price Chart: British Pound Testing Post-Brexit Support

Sterling is testing a critical support confluence just below the January lows - the battle lines are drawn. Here are the levels that matter on the GBP/USD weekly chart.


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USD Outlook & Impending Fed Rate Cuts | Mark Meadows | Podcast

Tune in for discussion on impending Fed cuts, the USD outlook, and the interplay between fundamental and technical analysis.


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EUR/USD Price Outlook: Support Grind at 1212 Ahead of ECB, FOMC

Rate decisions take place out of both Europe and the US in the next two weeks, with each carrying the expectation for dovish policy from the respective Central Bank.


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MPs Vote to Block Attempt of No-Deal Brexit, GBPUSD Recovers - US Market Open

A much needed bid for the Pound has seen the currency outperform across the G10 complex. MPs have back ammendment to prevent the next PM to force a no-deal Brexit through suspending parliament.


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Crude Oil Bounces From July Lows - Can Buyers Take Control?

Crude oil sellers have come back into play this week to push prices down to July support. But a bounce has since developed to push prices back to prior support.


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US Dollar Chart Looks Geared Up for Higher Prices

The USD index price action contraction is set to lead to a move soon; there are factors to watch which help determine direction.


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EURUSD Nearing a Break as Price Coils Tighter Ahead of CB Meetings

EURUSD is currently constrained by a series of lower highs and higher lows ahead of two important central meetings in the next two weeks. A break out is looking increasingly likely.


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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...